re: Ann: Coking Coal Properties Identified at...
Progress might be slow and steady with EOC, but you can't deny it's very, very good progress.
It's a real testament to the exploration team, which i've held in high regard for some time now.
Orion Downs: Fantastic small thermal coal deposit discovered (high quality & no need for washing = huge margins)
Rockwood: Huge Low Volatile PCI deposit (looking forward to see some scoping study results from this project)
Essex: Initial drill hole showed similar nature to Rockwood.
Stockyard Creek: 2 x 3 metres seams of coal with initial results implying Coking Coal properties.
I wonder how long can the market keep pricing EOC around the low 40 cents mark?
I'm hoping the SDL share price can appreciate on some positive news regarding their Iron project, so I can relocate some of those funds into more EOC shares.
EOC Price at posting:
41.5¢ Sentiment: LT Buy Disclosure: Held
