NRU 0.00% 5.5¢ newera resources limited

few more tests to come, page-41

  1. 4,793 Posts.
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    yes, Chinese is good at blend coal, for example, they buy half high quality low ash coal(8%) with another half high ash coal(30) to blend and get 19% ash coal to lower expense.

    currently,the only problem for NRU's coal is high ash so if the new additional 15 holes drilling can prove NRU have more high quality black coal but with average ash coal content while we wait for the new sample being assessed,the momentum will keep supporting the SP.

    As for ash content for the coal, one reason is it can reduce the KCAL when burning, so it is already a bonus for NRU that its coal is high KCAL, low S, low M.....given its ash is relatively high in the LAB TEST.

 
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