EER east energy resources limited

jorc compliant resource calculation soon, page-8

  1. 56 Posts.
    Very much agree with that - alot of crap has been packaged and flogged at the height of the market however as someone pointed out before, EER is the real deal. The MD has been very focused and informative to the market - since middle of 2008 the focus has been on developing a JORC resource at Blackall. They even have sufficient cash at the end of the program and that JORC statement should be coming very shortly I hope....based on previous announcementns and the concentrated drilling - we could be looking at anywhere between 500million tonnes to 700 million tonnes at Blackall. If that is the case it may equate to 66 tonnes of JORC coal per $1 of market cap,that is extrodinary.....if the resource is as large as that.

    Hopefully time will tell, quote "JORC statement expected by the end of 3rd qtr FYO9" there are 4 days left before that!!!!!
 
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