"you state 600 billion ton of coal is an estimate,
correct estimate at lowest level
you did not mention the higher estimate of 1 trillion plus.
jv in the past were small companies will no money except bg who were only a hindrance and only wanted to explore when they felt like it.
The chinese are another kettle of fish, strong and they want resources and possible lifetime of them."
Absolutely correct vretts, a no brainer as far as the coal potential goes and I think JH glad to be rid of the smaller companies.
RAVI
capital raising, page-15
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