EER east energy resources limited

bnd at $1,5 billion!!! eer???, page-3

  1. 490 Posts.
    Zin, it's worth mentioning -again- here that EER's Coal resources are far more attractive to Any Potential Buyers (MANY, I am sure....), than most other Resources in the Galilee and even Bowen Basin for the following two VERY IMPORTANT REASONS.
    A). EER's Resources (around 3 billion tonnes!!!) are mostly near the surface, thus allowing for the much easier and money saving (millions of$$$$) OPEN CUT MINING..... And.....
    B). Being All (Coal Resources) in One Tenement (South+North Blackall) the Development and Mining of Coal will Only need One Initial Mining Investment, not 3 or 4 or 5 as may be the Case with other Companies Coal Resources and their Mining Development, depending on How many Different Tenements they have....
    This very important , and not -as yet- duly emphasised Characteristic of EER's Coal Resources, can also save (as will the Open Cut Nature of Mining) millions of $$$$, when Mining commences.....

    Cheers:)))
 
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