Ann: 101.2Mt Inferred Resource at Bundaberg Pro, page-10

re: Ann: 101.2Mt Inferred Resource at Bunda... samkos,

This coal they have found is so deep it will cost well in excess of $1 billion to develop.

The coal market is caput. If you don't believe me, take a look at some surface miners (COK as an example) and you will see that even open pit mining is not profitable at current prices.

These drill results are a JOKE! It will never be mined in my opinion.

Inferred rsource is not what can be mined. It is the very lowest confidence of a resource. Millions and millions still needs to be spent to get a better understanding/upgrading of the resource to indicated/measured. then after that you might get a reserve.

Would not touch this stock if I were a newbie to it. Sold this dog at high 80 cents in 2007/08. What a get out of jail free card I received.

Back then it was a pre historic miner of nickel.