HDG 0.00% 1.0¢ hodges resources limited

Hey Gizard, I believe you hold MOZ as well having looked over...

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    Hey Gizard, I believe you hold MOZ as well having looked over their forum earlier. What are your thoughts on the two side by side? HDG's coal appears to be at shallower depths than MOZ's, and HDG have the JORC inferred resource already. While MOZ has a coking coal interest as well, they do not yet have an exploration permit for coal deposits. Having said that, HDG have to pay the $3.5M for a 75% interest, and I estimate to be about $30M for a 99% interest in this first prospect. The second prospect is another thing yet, but it will cost a fair bit more than this first option.

    I believe both offer good opportunities for capital growth, however I went with HDG over MOZ purely because of the security of having an inferred resource already in the ground, and the fact that the market value is only half that of MOZ. Having said that, I wouldn't rule out a punt with MOZ once they get the permit to explore.

    Interested in anyones thoughts on this topic.
 
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