Interesting timing val. EER is finally due to announce its ~2 billion tonne resource this month and the customers are poking around right next door.
Due to EER they already know the type of coal that is on offer in the area and they already know the transport issues that need to be overcome, yet they are flying a few thousand miles just to kick some rocks anyway.
Good sign no ?
There are some small businesses in that part of Qld that may become massive businesses in coming years.
EER Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held