They have found significant coal IMHO, this statement is the key...
"We believe the drill program at Takatokwane South has the potential to significantly add to our current resource base of 4.23 billion tonnes of coal..."
This statement was made after Phase 1 completed.
Also they will proceed with P2 drills but sound like they are revising their hole positions so perhaps they did not find coal in all holes.
Also notice they only drilled 1 hole out to the far west..." Perhaps they found nothing. Or decided that it would be better to use the 2 additional holes as infill to increase the jorc in the south east.
All up very promising report...
NMR Price at posting:
4.0¢ Sentiment: Hold Disclosure: Held
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