sudden lease of life, page-6

Lads This is a no brainer. 90mt resource estimate with lets say 60% est. conversion to reserve so 50mt coking coal, early stage valn metric of $1/tonne in ground value justifies about the mkt cap - still needs to prove itself but you won't ever get that until its proven! No risk no reward Then dunlevy still subject to approvals. Treat this as blue sky. Risk weight it. 150mt resource estimate, going on previous track record management are conservative, so this could be significantly more ie management thought crown was going to be 20mt and it ended up 90mt. Coking coal Funding - 4.5m in the bank, yes they will need to raise obviously but the market knows this that's priced into the price already. When they need to raise the above will be explained to prospective investors and funding will be assessed on this basis So crown 50mt measured and indicated with potential to convert more into this category. Yes we ended to wait on feas study and coal quality test work but thats priced in Then dunlevy - that's blue sky Funding is obviously required but isn't that like any other product that's ever been early stage? Good companies are never cheap. Good companies never trade at discounts And you wonder why it's starting to get traction? I'm surprised it had taken so long Fire up lads