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0.00% 4.7¢ northam resources limited (application withdrawn 21 november 2022)

Hi All,Can anyone tell me the prospects for the Jack Creek &...

Currently unlisted. Proposed listing date: 16 DECEMBER 2022 12:00 PM AEDT##
  1. FADD
    10 Posts.
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    05/04/11
    23:10
    Post #: 8218819

    Hi All,

    Can anyone tell me the prospects for the Jack Creek & Spring Creek tenements in terms of shipment of the coal out to a sea port. The Spring Creek tenement is at least 30kms from the Rolleston rail line. How would NRL get these resources out to a sea port? What transport options do they have keeping within a realistic budget? Would they extend the existing rail lines or truck it 30kms to the existing line?

    I'm new here to investing in speckies and just wanted to get other peoples thoughts on this. I'm not currently holding NRL, however could be a potential buyer in the near future if it stacks up.

    Cheers

    NRL Price at posting: 15.5¢ Sentiment: None Disclosure: Not Held
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