coal results are spot on..

these results mean that the coal is of a high quality coking coal. They also have good quality thermal coal. This is shaping up as a major new coal resource with multiple high quality seams. Its open all over the place and we can expect heaps of on going drilling results. The company is swimming in cash, profitable and the resource is only 5 sailing days from India. Thats not a bad thing when they are potentially your biggest customer and the sea bound rates are increasing from other areas. A lot of the coal companies in oz are having trouble and this is a stand out next coal major in the making. dyor.