Can you check my numbers.....NPV/Capex near on 5 (or more) atm which would make this seriously undervalued fundamentally just on the coking coal
As for the Redmoor Tin project, there is a real push to get this underway and into production. It's 50/50 in this project with Cornwall Resources, part of Strategic Minerals Limited, whose director Peter Wale made a presentation at the House of Commons about the Redmoor plans in Dec. Cornwall Resources Ltd is part of a joint venture between several multinational companies, is currently carrying out test drillings at Redmoor with a view to reopening the mine.
Ex- BHP management- what's not to like
Tin just broke the structure. And we are on the verge of breaking our own structure giving eventual 4.5c price target
Queensland cyclone impact, page-41
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