Jindal is busy reviewing the mining options. Hillalong is the most probable to develop as Rocklands are too deep with thin seams (marginal at current long term price forecasts). Richfield is not likely to contain good coking coal, but lets wait for the possible surprise. Also see BWN for progress on Richfield as I think they started exploring now.
Overall I am not too exited about quoted tonnages, except Hillalong's, which on its own might be worth more than the total EV of RCI.
I am holding tight and will be waiting for the DEAL.
Jindal is busy reviewing the mining options. Hillalong is the...
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