re: Ann: Initial JORC Code Resource for the U...
what astounds me is how such a story in a key coal growth market could be overlooked like this.
Compare the JORC for South Gobi Resources (MC$2.2B): 307.6 Mt (measured and indicated) 98.0 Mt (inferred)
to That of ASX:HUN (MC$190m): 226 Mt (18.85/207.4:measured/indicated) 98 Mt (inferred)
This JORC is just from their Har Toirom Deposit. Thats right, HUN has a similar sized JORC to multi-billion dollar South Gobi Resources, and is 1/10th the MC. But wait, is there more coming?
The next month or so, we should have more results from the Unst Khudag Deposit right next door.
Choo choo. All aboard!
SF
HUN Price at posting:
$1.40 Sentiment: Buy Disclosure: Held