I am no coal expert that is for sure but from what I can ascertain about ASH content & calorific values all of the thermal coal companies I have seen in Botswana seem to have very similar readings with the potential for large domestic resources and export
Even seam widths and strip ratios are similar.
Someone please correct if they don't think that is correct but I have researched this as well as I can and that is what I see
And it is known that the Asian market are after these deposits in Botswana
With AFR at circa 250mill things could get mighty interesting on this one this year IMO
Just need to wash out all the loose 32c shares then see what they prove up
I feel like I am talking to myself but I know some of you will still be accumulating
HDG Price at posting:
40.0¢ Sentiment: Buy Disclosure: Held