EER1.2bt thermal coal resource on half there tenement, going to...

  1. zinvestor
    2,917 Posts.
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    14/04/11
    21:31
    Post #: 8269197
    EER
    1.2bt thermal coal resource on half there tenement, going to upgrade to indicated this month
    MDL lodge
    Proposed 30mtpa by end of 2013 (over $1b profit at todays coal prices)
    MD owns 41%
    Noble group owns 31%
    linc sold galilee tenement in the area, giving EER blackall tenement a value of over $600m

    market cap only $94m
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    lightbulb Created with Sketch.  Great analysis
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