Hi Jonman,
Reason I mentioned "viability" is due to PSI has alerted me to depth and type of coal quality, as I calculated the deposit to be a possible $50mil sale, I'd like to check my "back of envolope figures" when time permits tonight and prefer to DMOR and see if I need to down grade the quality of the coal. And yes!, I will equipe myself with more information before phoning the Co if need be.
Also, Im relatively new as a CXY shareholder so still learning about the co (introduced by invest4it) and have learnt heeps from PSI on other threads, would be awsum to have him around.
If management are gearing Mack for JORC and a possible sale we might see a 4cts/s increase value, this figure has been thrown to other SH'ers
Disclaimer- I also used some of BGA calcs posted a while back (cant remember the thread tittle) for those interested
thanks BGA, your highly missed
GL all
cheers
M
Hi Jonman,Reason I mentioned "viability" is due to PSI has...
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