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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