Gaz
Thanks greatly. I am keen for coal stocks at the moment and had been told of this one over the last few weeks. When I saw the announcement I thought jeepers good coking coal Bowen Basin next to infrastructure.
I was considering a buy on a retrace for medium term play. Your posts give me the insight to see what the real economic value of the deposit may be and hence I am abit more circumspect.
It is posters like you that make hotcopper a worthwhile forum as you are transmitting real information and a genuine considered expert view. Is it ok If I bounce other coal plays off you as they come to light.
Cheers Joker1
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