higher on the tsx, page-8

  1. 1,858 Posts.
    As Gene said in Presentation, coal industry is small (in regards to number of key players). This will be a strategic asset for a major who wants to provide energy coal to Asia for many years.

    Someone will make "an offer they can't refuse". Gene is accelerating Vista South and Vista drilling. "Bringing key milestones forward" This is to make this company as attractive as possible in shortest time.

    Do the maths on a 12 million pa mine, satellite mine and marketable coal reserves (for years) and a stong coal price which put you on a graph with Xstrata and BHP. Gene calls it a "beast"

    Your calculator melts!
 
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