The dfs for Springsure, prepared in sep 2012 and released in jan...

The dfs for Springsure, prepared in sep 2012 and released in jan 2013 had a npv value of 700 million to 1.1 billion dollars. Springsure is the most progressed project but only one of the 5 active projects giving bnd a total of 1.4 billion tonnes of thermal and coking coal resources. Bnd has 120 million in cash. So, the gap between the potential value of bnds assets and the current market cap is huge. I would like to see the new numbers in the revised springsure dfs released to the market.. If the numbers are significantly better, which they could be then the sp would move. It looks like, though we are going to get all the Ann's ( mining lease approval, funding/ financing, revised operating costs) all at one go. The current silence is frustrating for the smaller retail investors but I assume (not having any idea how to run or a setup a coal mine) that this strategy is in the best interest of the company and achieving real value in the sp.