How big do you think the JORC will be? they stated that it would be 5mt back in november 2009, but now over 6 months later im hoping they drilled a lot more holes and it could surprise the market and be much larger. Im hoping for 20mt JORC.
If you value the company at $1 per tonne of JORC coal then that would imply market cap of at least 20million which equals a share price just over 10 cents just for Tapan coal.
tapan, page-2
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