EER 0.00% 3.6¢ east energy resources limited

Ann: Quarterly Activities Report , page-2

  1. 3,635 Posts.
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    "The final coal quality asseys for the completed drilling program were finished in early 2102" lol. Yep 2102 is what it felt like too. lol

    JORC due out within the next 4 weeks. Thats good news. A bit earlier than 2102 which is nice.

    JORC will only include coal that can be dug up in open cut but they still expect between 1.8 and 2 billion tonnes. Thats pretty damned good surely. I guess they could have tried to include all the stuff that required underground mining just to make the numbers look even better. Its good that they haven't bothered though as 2 billion tonnes will still be being dug up after all we are long done so what is even deeper is largely irrelevant right now. What matters how is:

    a) transport
    b) transport
    c) transport

    Looking good.
 
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