RCI 0.00% 52.0¢ rocklands richfield limited

coal gas, page-9

  1. 3,731 Posts.

    Both right.

    Share on issue: 291,194,410
    Tradable: 184,527,743

    On full diluted basis, about 558m shares, which is largely controlled by 50c sept 2012 options issued to CCI.

    At 18.5c, they are all all out of money.

    RCI's coal assets are totally overshadowed by the mishandling of CCI reverse takeover.

    Revisit the coal asset, it should be worth a lot of money.

    Hillalong Coal 100% JORC:
    17mt open cut semi-soft coking coal; and 44.3mt underground potential;

    Rocklands 60% JORC:
    183.4mt middle volatile coking coal;

    Richfield 60% JV with BWN, targeting hard coking coal.
 
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