adani, bhp and hancock/gvk still going ahead with port so shouldnt be an issue getting a slot for 10-20m tonnes per annum.
the market cap has absolutely no fat in it for rail or port access
once resource is confirmed and how the company will meet funding requirements going forward a market cap of closer to 50m would be more appropriate given where they are at as far as mining goes.
next is the mining development licence and then sorting rail and port logistics along with perhaps an offtake
- Forums
- ASX - By Stock
- EER
- india plans sovereign fund to buy coal assets
india plans sovereign fund to buy coal assets , page-12
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EER (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online