Short Term Trading Week Starting: 4 Dec, page-146

STTCOMP, NCR FA Long

NUCOAL RESOURCES
SOI - 768.6m
S/P - .009c
CASH - 1.3m + 3.9m from sale of further assets
M/C - $6.9m
T20 - 66.31%

One of the best SHELLS on the ASX with potential to be ....life changing for holders
NCR is in a great position when it comes to cash...
1.3m cash plus sale for further assets pending funds of 3.9m
Currently trading at a bit more than cash value soon to have no debts / liabilities
Lots of backing from the people which made RRP 20 Bag from .02 - 4c
This has potential to something similar very soon

Gordon Gault is behind Tarus Funds which catapulted RRP into the spotlight
The pursuit of justice is not the only thing we have been doing during the year – we have been working through the sale of assets (land and tenements) in the Hunter Valley while looking for new assets that could be a basis for recommencing the company’s original strategy – which was to become a significant producer of mainly metallurgical coal.

The Savoy Hill tenement, Exploration Licence 6812, is valid until 20 June 2018. The Company has completed necessary exploration across the tenement to consider the longer term mining options for the project and has undertaken initial marketing analysis for a potential open-cut operation, supplying the nearby domestic power stations.

As Minoil said shells are getting rarer.
I suspect the thinning out of good companies valued under 10m m/c will attract more $ as there's plenty cash out there looking for a carpark that returns multiples.