NRU looks to have picked up another excellent (large) lease smack bang in the middle of the right address for large coking/coal mines in Mongolia.
The terms are excellent and a reflection of just how much the market has cooled over there.
They can probably get some holes in this with very little money and I guess Sedgman might also be keeping a watchful eye on this company now. NRU is becoming a coal incubator whilst the world has no interest. I am amazed at just how short sighted analysts are with regard to China's ongoing coal requirements. These sorts of assets willl only become more valuable as things develop over there. dyor
- Forums
- ASX - By Stock
- scores another major lease
NRU looks to have picked up another excellent (large) lease...
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NRU (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online