Yes, I think it is trading at a premium for now for a stand...

Yes, I think it is trading at a premium for now for a stand alone investment, BUT, please let me know if you know about any other listed small cap in AUS with the same potential to develop a PRIME hard coking coal project, in the right neighborhood, highlighted by last weeks AFR as one of the "hottest take over targets". BTU maybe - but with more than double the MC of CLR due to it nearing production.I would really be interested to hear your comments

With the current exploration plan (Starting before anybody else in the area), we might soon come back to lower MC / Jorc ton ratios. This is also an excellent example of management's commitment to progress up the value curve.

Could it be another Saraji who had 690mt, mostly inferred, selling for $2.45bn ? It has most of the potential "synergies" Saraji had, with the cost gap between Longwall an open pit still shrinking. Makes one think...

Kind Regards