AUL 0.00% 28.5¢ austar gold limited

Some might be interested, BLK another ASX listed stock has a...

  1. 4,255 Posts.
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    Some might be interested, BLK another ASX listed stock has a share in a brown coal resource, they were offered 15 million for their 70% interest in a resource,,,resource will be about half the size of out BM,,,looks like the quality is not as good as our BM resource either,,,may be worth having a look in order to see that there is a demand for brown coal and there are several companies out there who have technologies to convert the lignite to energy/fuel/better quality coal...I really think Brown coal has a big role to play in the new energy revolution. looking good....P

    Please do your own research,,not familar with BLK and all the details,just had a quick look so I may not be 100% accurate..My only point is our Brown coal resource has value right now as it stands alone...

    http://www.miningweekly.com/article/australian-energy-company-refuses-to-sell-interest-in-ctl-project-2011-10-21
 
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