All options profitable ...Which is in itself a great results as we now have something to do a feasibility study on... and yes report thin on info and detail agree...
Would like to see some roughie/prelim numbers to see just how profitable each option is as this will tell us where their focus will be...
Infrastructure wise I suspect the Coal to Liquids may be the most realistic in the short term (Smallest Cost?/Quickest Profit) followed by the Open Cut/Local Power Station and then Open cut/export washed Coal when rail available... Guess the dig it an ship it (assuming Rail provided) will prove the most profit...?
Think they would have to be desperate to go underground... Likely to be the least profitable option but may be partially profitable nonetheless.
So yes sounds good on the face of it but how good is uncertain until they "show us the money".
NMR Price at posting:
3.7¢ Sentiment: Hold Disclosure: Held
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