NMR 6.25% 3.0¢ native mineral resources holdings limited

whats happenning ???, page-12

  1. 10,867 Posts.
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    I wasnt "bagging" the resource so much as stating a fact.

    the coal is worth less per tonne than australian coal. it may or may not be economically viable, it really depends on two things:

    1. viable transport by rail

    2. coal seam depth vs coal seam thickness

    it is a large seam, but did i see 150m deep? that will lead to a fairly decent mining cost.

    always remember profit/tonne and you wont go wrong with a resource stock.
 
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