Hume (NSW) is an asset that i think deserves more of a mention. we hold a 30% equity share (POSCO), its hard coking coal and has had a resource upgrade - shown below from presentation
""Recent increase in JORC Resources at
Hume, from 115Mt to 446Mt""
hope we have an option to increase stake!..
do agree that thermal coal prices wont be moving far from current levels until late 2012 however HCC assets would be of more significant value in the future. dont believe that this is priced into our share price at all
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