It appears the thermal coal resources is quite alright for this one. Other coy like BND with a similar resources base has already landed offtake contracts and their market cap worth several hundred million.
And yet, here they are in the middle of the booming coal mining industry with prime land, surrounding by high profile companies with Palmers deals are popping around them.. This mob cannot even manage to find investors for their 30M shares at a lousy 10c ?.
This tell me how serious the boardroom power struggle is..
What the heck wrong with the management of this company ?. Stop the bickering, and get off your ass and sell your resources. Try to give some decent return for your long suffering shareholders. Cheers.
EER Price at posting:
9.0¢ Sentiment: None Disclosure: Not Held
