Cheers for finding that SSW. If that $60 figure is correct for...

Cheers for finding that SSW. If that $60 figure is correct for Clermont then I agree that is a great reflection on the value of Springsure (once all approved of course).

I couldn't find the mention of the $1.1b valuation on the BND website. Was that based on the 2012 DFS or the recently release optimisation study?

So are they now looking at the running a single 7mt/year longwall only, or still looking at a stage 2 expansion. I'm finding the info in the release very vague. Saying that thing have change since 2012 is not much use on its own is it. When are we going to find out how much they are targeting in total and what the revised CAPEX is? I'm sure if they are talking to potential investors then they would want to have a bloody good idea of these figures! Come on BND. Or maybe they are trying to keep it quite so they don't get bought out cheaply ;)

http://clients.weblink.com.au/clients/bandannaenergy/article.asp?asx=BND&view=2779464