EER
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0.00% 3.6¢ east energy resources limited

EER is aiming for Abbot Point, not WICET.They will share the...

  1. alphman
    487 Posts.
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    12/04/11
    19:44
    Post #: 8255695
    EER is aiming for Abbot Point, not WICET.

    They will share the railway line that Hancock are proposing to build from Alpha (mine) to Abbot Point.

    Per Hancock's IFS:

    "Subject to relevant approvals, construction of the railway will commence in 2011 with the first coal to be exported from Abbot Point in the second half of 2013."

    EER will just need to extend that line to Blackall/Jericho.
    EER Price at posting: 46.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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