1MC 0.00% 2.9¢ morella corporation limited

further drilling results~!, page-32

  1. 2,929 Posts.
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    Geoservices
    Whatever you may say about coal these are still 3 and 4 to flush projects.

    Mt Webber is due in 2012.It is virtually pat on the table
    If IO is $200 a ton then it would equate to about $150 mill p.a. margin on a company which has a market cap of about half of that .
    @$100/tn still looks awesome.

    Furthermore the people who are going to make it happen have all their ducks in a row and a tremendous track record.

    If anything is to be spun of it should be periperals like garnets or coal.Reassuring to know you and others have so much faith in the coal though
 
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