All you guys are gooses.
What we have is 88m of coal in one hole...another 60m in another hole...3.5km of strike...cash backing of about 15c!
It will be at least soft coking coal. Maybe even hard coking coal.
The market is valuing these coal results at $10-12Mill. Extremely low given peer comparisons. AKM is not a good peer. Large CAPEX and deep coal.
We have had minimal drilling due to bad time management. With a little more drilling this summer, the sky is the limit. WE HAVE 8 TENEMENTS TO DRILL. We have only sunk the drill in ONE.
Interesting to see if the initial JORC will be releases as expected.
drilling for jorc, page-17
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