Keeping an eye on SMR announcements as their MacKenzie River...

Keeping an eye on SMR announcements as their MacKenzie River coking coal project is on NRL south and east boundary of the current drilling.

In Yesterdays (31/3) announcement they make the comment that a second rig is going to Mackenzie River and they have been able to do some drilling despite of the rain.

http://www.asx.com.au/asxpdf/20110331/pdf/41xrzstkzqtv6z.pdf

Also, in their last quarterly report they make the following comment in regard to ash:

"Mackenzie River. Further test work undertaken on coal quality with coking properties pointing to the potential for a 10 to 12 percent ash coking coal product with moderate fluidity"