re: Ann: Coal Resources Identified at Vickery... Not so sure that the results are bad at all!
42 mill tonnes of coal is currently worth between $50 - $100 per tonne depending on quality (yes I know that coal is very high right now and that is something to consider)
This is just one section of 1 of 5 potential projects that Coalworks have in the pipeline.
Even at $50 US that would be $210 mill in coal from just this section of Vickery
We are currently (with the recent price rise) sitting on a MCap of $35 mill
You do the figures - I'm holding on this one
Ann: Coal Resources Identified at Vickery South , page-3
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
