Is todays reaction to this announcement warranted?
"If Upper Ecca coal zones on Loopleegte are present, and the width of these coal zones is between 5 to 10 metres it would indicate a potential exploration target of between 120 to 240 million tonnes of coal in situ"
"Boreholes drilled on neighbouring properties to the East of Loopleegte show an average width of Upper Ecca coal zone intersections of 34 metres"
Why are they suggesting between 5-10 metre's when the neighbouring AVERAGE is 34?
MRK Price at posting:
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