@strauss said:
"as has been pointed out as other assets
but even if they wanted out they couldnt sell 100m shares without destroying the company
the updated numbers on the coal project make it very unlikely that project will up, off the top of my head figures were something like $225m Cap Ex and $450m NPV, I was very surprised at that Cap Ex figure given the infrastructure
Its all about the Tin and Gold now there
But what would I know"
The previous scoping study in 2014 had NPV of $263m and capex of $284m.
Yet with this information last year you still bought the stock.
Last year why weren't you pointing out the higher Capex from that report?
Because the coking coal price was heading north ?
Coking call is hurtling north again. Capex is much lower & NPV is much much higher than the last scoping study.
This is a screaming buy based on your logic from last year.
Today your logic is inconsistent.
