Ann: 101.2Mt Inferred Resource at Bundaberg Pro, page-13

re: Ann: 101.2Mt Inferred Resource at Bunda... I see you have been around V.
Well done cashing in at 80 cents.
Thanks for the depths analysis V.
I suggest you look at your own figures V even if it costs 1 billion to develop there is approx 7 - 14 billion dollars of coal in the ground.
Dont be blind that coal is finished. All the other sources of fuel to run the energy needs of the world is not enough for now and the future. So coal will be required as it has been required for centuries and will be required for centuries to come. Unless it runs out.
Lets wait for the results coming in the nexrt couple of weeks and we will see how valuable it is.
We all know there is a risk factor and I am certainly aware.
I like what I have read and I believe there will be a push factor for this to climb, how far I dont know. I hope it comes in hard and fast.
We will know where we stand within a couple of weeks.
This is a gamble and I w a n t to gamble on this one.
Bagging this wont help push the SP down.
Surely 2 cents is not going to break the bank. Especially when you opted out at 80.
Have a great week all.