north again, page-9

Careful who you compare nru with. ceo is now drg and trading at the equivalent of 3/4 of a cent. They discovered better coal (less ash almost as good otherwise) in greater quantity also near surface, but due to seemingly poor mngt and distance to infrastructure have tanked. While not doubting the fact that shan coal will be sellable (due to the very low cost of mining), you guys (in my amateur opinion) are kidding yourselves if you believe top dollar will be paid. On the subject of ash washing an oz equivalent(for ash content coal quality) is ajc (formerly nrl) they have been trialling methods for washing theres for a while. Good luck I hope it does wash well but don't get caught if the music stops.(former holder waiting on results from wash in June?)