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11/01/12
23:42
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The maiden Jorc for HDG's flagship deposit should be out by mid Feb.. In my view it will change the whole way the company is looked at... WHY ?
1. Should be in excess of 2 billion tonnes
2. Open pitable.. doesnt matter how many tonnes you have - its all about extraction cost.
3. Grade/coal quality. Best reported of any asx company in Botswana to date. Some of the washed coal was over 7,000 .
4. Rail announcement.. Hdg will have some of the best quality coal to export in time
Good luck...
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