resourcehouse ipo june 9, page-35

One could download the Prospectus, Its an interesting document, the whole 606 pages of it.

Stk code is 394 on HKEX.

Interesting reading abt their coal & iron ore independent geo reports & the fin model. What stood out was that their China First coal resource north of Alpha (QLD) was 3.9 bT in 2009 as per a study by Coffey's. This is now 3.68 bT. Seam thickness & polygon size reductions. The iron deposit in WA is lowgrade, but given the size of both deposits, makes it economically viable. Both projects r capital intensive, hence the need to float & get things moving.