EER - MAkes Acquisition in Coal
100% Acquisition of Idalia Coal Pty Limited.
? The Acquisition will create one of the largest coal
portfolios in Australia combining the 1.74 billion tonnes
JORC resource of EER (627.5Mt Indicated and 1,113Mt
Inferred), together with a JORC Inferred Resource of 440
million tonnes and a drill identified JORC Exploration
Target in the order of 4.0 to 4.5 billion tonnes in the Idalia EPC’s.
This will move the stock... IMHO
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