comparison to africa coalers (nmr: 4 2 bill t), page-9

Please, grogman, your research has been quite good over the past few weeks, but this thread screams of a blind ramp. RIV's coal was predominantly of a coking quality, with a high CSN, and a very workable volatile matter. NMR's coal is low grade thermal, with a middle of the park calorific value, and a high ash content (i.e. typical African thermal coal).

If you're going to compare NMR with other companies, best you stick with HDG and AFR in my opinion. RIV is a whole new ball game (eg. their coal is worth 2-4x more than what ours is).

This is not to say that you shouldn't keep posting your top research Grogman; just mark sure you're comparing apples with apples. For what its worth, I'm still sticking around with this one. Have topped up around my original entry price, and will ride the imminent second run as the market realises what NMR have at hand here. Dollars to be made here before the turn of the year.