Dakook
thats a good question ?
cxy at 0.004 cent has a market cap of approx $6.4 million.
Wandoan has a inferred jorc resource of 328 mt.thermal grade coal.
but its 250 m deep.underground mine?
We wait on mackenzie resource validation.Drilling early may.Target 120/170 mt metallurgical coal, but its 250m deep.underground mine?
A hugh investment is required to get to that $2.5 billion of coal 250m deep.when i say hugh,i mean cxy needs a j/v to do it.
The new board are on to this task,evident by the investor presentations and travel.
Cheers
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