REY 0.00% 5.5¢ rey resources limited

coal, page-22

  1. 18,896 Posts.
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    To Rey management (if you read this).

    IMO the coal project need to be fast tracked while the market fundamentals are good.
    I couldn't stand another UMC snail happening to me.

    Seize the moment; think like FMG.

    - Raise the capital you need. Go O/S if you cant get it here.

    - Sew up all the prospective tenements in the region.

    - Consider early studies on a low cost transport solution.

    - Drill the stuffing out of the coal project - close spaced for initial production target, but continuous drilling to prove up a large resource.

    - Seek ways to hedge against outrageous carbon taxes.

    And lets build a rare successful mining company!
 
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