I've already made my decision to invest. Reading this report provides me with the confidence that I have made the right decision.
Karn spent a while down there with the company and has obtained a wealth of knowledge that I believe is represented quite well in the report.
What you are going to be reading is what amounts to discussions with management & the guys at the coal face. Numbers are rough estimations and calculations of those are not provided.
The exact figures are something I expect the company to report on in the near future.
Skimming through it made me feel like I had had the discussions with management myself. I'll be reading it over tonight in more detail thats for sure.
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richard karn's free 35 page report, page-25
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