the project is infant stage even the hodges website does not have much details on coal project like JORC and rest,
also from the last announcement the company is only looking at domestic coal qaulity even the mine next to hdg the only botswana coal mine is a domestic quality mine
minimum payment of around 8 cents to 10 cents per jorc ton so if hdg have a 1.5 billion tons end of the day in two years time it will cost them 120 million to 150 million which IMO is expensive plus that is only for 75% share
HDG Price at posting:
37.5¢ Sentiment: None Disclosure: Not Held