The day there is a news story which announces the rail link you will find out how many people do know the story. Those that matter know it well enough but until the negotiations over rail links move forward a little more then it makes no difference. It will be great to see the JORC with the extra billion or so tonnes of coal but the valuie of that coal will only be determined once its possible to get the stuff to market.
It will happen, but it may take a while. The company knows this and isn't wasting time and money doing roadshows to spruik it. That will happen when they have a full story to tell. Just a waiting game I'm afraid.
EER Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
