strengths - solid JORC behind it - coal quality is good with washing, export quality. - rail in vicinity - a lot of mines in the area. electricity and water for use is in the area. - labour nearby. - mining has been done in the past - previous owner was anglo in the 1970s, hence the area is relatively more well known. - access to uncongested port - current DCF's are strong.
weakness - a few aquifers in the area. pumping or concealing water may be necessary to mine certain parts of the resource.
opportunity - spin off of lime/hodgon projects. - further coal price increases - north section shows less overburden with thicker seams. - other firms have successfully pumped water from operations in the past.
threats - a lower coal price - unable to get a permit to pump water - unable to get access to port and rail
CWK Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
