* We know that they intersected coking coal in the south east...

* We know that they intersected coking coal in the south east corner. Their original drilling plan was to drill over a wider area, but most of the holes were drilled in the sweet spot where they found the coal.

* We know they will do infill drilling.

* We know the coal has a CSN in the range of 5.5 to 8.5

* We know by the way of a Broker's research note after speaking to "Management" that the ash raw content is in the range of 14 to 16% before washing. This cannot be taken as fact until the company announces it to the ASX. But in the last announcement there was a comment that "other coal properties results consistent with mining operations in the immediate area"

* We know we will get more lab reports as some point.

* We know that historical evidence shows that the chances of finding good coking coal in that permit area is not good.

* We know that mother nature does what it wants and places resources in all sorts of places. That is why companies drill all over the place to see what is underground.

* We know that the market cap of NRL is only $114m and it does not need to find much for it's sp to go higher.

* We know that coking coal is in great demand and prices are rising.

* And we know that we don't know the full story.

* To be continued.

Good luck to all. You are in or out, but please don't cry about it.