NRU 0.00% 5.5¢ newera resources limited

Ann: Successful Washability Test for Shanagan Coa, page-10

  1. 6,543 Posts.
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    re: Ann: Successful Washability Test for Shan... mmm now thats a geo speaking not an investor on the coal industry across the board on high ash coal,and that was there best sample handpicked from many drills,so that is a big assumption for timescape on a return.But yes you can blend it as long as its financial to do that after you have washed it just to get to 30%..china has a lot of high ash coal already i doubt there going to go looking in the private sector for more.Sorry but this is why hc is here,to discuss the possibility of reducing losses with investments...and some people well they almost are blindsided until they lose everything.For me i can not re-invest in NRU as it has no carrage of return or timescape on those wash results.
 
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