How did you come to 60+ years? The company promotes itself as 20Mtpa for 30+ years.
I wouldn't bank on India anyway - they are tyre kickers, however maybe now that EV/t of many coal explorers appear cheap they might be seriously considering some coal investments/acquisitions in Queensland.
It's interesting to see that Legacy Iron Ore are now pursuing coal predominantly in the Surat Basin. India's NMDC bought 50% of LCY for around $19 million back in December.
Any idea when EER plan to produce?
EER Price at posting:
20.0¢ Sentiment: None Disclosure: Not Held
