TMK 25.0% 0.3¢ tmk energy limited

Bas vfood for thoughtmk Vs exrimo the difference between these...

  1. 270 Posts.
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    Bas v
    food for though
    tmk Vs exr
    imo the difference between these two is simple besides exr have grandis in Queensland
    but when it comes to Mongolia
    i kinda rate them the same ruffly
    reason being the seams run east to west
    even though exr has 3 x the land size the blocks are approx the same width east to west so the only difference imo between them is the 6:1 ratio in difference of amount of shares on issue as the reserves in coal and amounts of coal could be quite similar in both blocks in the long run
    exr have gone the route of finding all basins first then to prove up nomgon ,tmk have defined one area and gone for piolet first to prove up area but will define more on exploration imo the two companies have taken the correct approach in working with what they have ,soil ,cash in bank etc etc
    eitherway I think by Xmas Mongolia gonna be most talked about stocks
 
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