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0.00% 4.7¢ northam resources limited (application withdrawn 21 november 2022)

re: Ann: Maiden JORC Resource of 150 Million ... Agree, is...

Currently unlisted. Proposed listing date: 16 DECEMBER 2022 12:00 PM AEDT##
  1. Kruiser
    4,921 Posts.
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    20/10/11
    19:47
    Post #: 9169449
    re: Ann: Maiden JORC Resource of 150 Million ... Agree, is meaningless at this stage, need to prove that the coal can be processed economically. The fact that they have been building an impressive management team tells me they are confident about this but yield and therefore costs will be a big factor hence the focus on the shallow coal.

    150mt from only a small section of the tenement too so could easily double this amount in the short term once all the results are in
    NRL Price at posting: 7.9¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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