Guys,
I prefer not to email as I would like to remain anonymous.
I will say the following:
1. You should definitely call the MD. Any concerns you have I'm sure will be clarified. I had concerns and after my conversation with him, I felt much more confident.
2. Gazman's concerns are correct to a degree, but he hasn't checked on certain issues. In particular, the historical drilling by Ingwe he refers to was done in a different area and was not done correctly. Ingwe themselves were bought out by Xstrata. Ask yourselves why this would happen if the coal they had drilled was of rubbish standard?
3. The MD's background in coal and setting up coal mines in particular is quite extensive. Why would NRL buy these coal tenements in the first place, especially given the MD's background?
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speak to the md, page-12
Currently unlisted. Proposed listing date: 16 DECEMBER 2022 12:00 PM AEDT##
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