Here is the common sense.
(1) JORC is inferred (lowest grade) with the majority (green area) needing to be drilled to confirm.
(2) Its soft coking coal not hard
(3) The company is going to focus on the south licenses (indicates they aren't over the moon with Teeg)
(4) The one thing worse than a delayed announcement is a delayed bad announcement.
(5) The current market conditions don't permit high MC's for companies that are in the 'building' stage.
(6) Everyone is losing on this and many are happy to cut there loses and move on...including me. If only there were some buyers to soak up my stock I would stop posting on here and be done with this dreadful stock.
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Here is the common sense.(1) JORC is inferred (lowest grade)...
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