re: Ann: Quarterly Activities Report December... this was posted not long ago,its the last sentance regards SEVERAL logistic options,so i would suspect there trying to tie contracts in place now,so when that is in place i would consider using the term RE-RATE this s/p.
Nimrodel Resources trucking along as Botswana coal quality is confirmed6 days 18 hours 47 minutes agohits: 141
Nimrodel Resources shares have been on the rise in the past fortnight, and are currently trading at USD 0.026 intra day, more than two and a half the lows of USD 0.01 on Monday January 7th 2013.
Driving the re rating has been some high quality coal results out of Botswana, where the company has a thermal coal deposit of 6.9 billion tonnes in the south-western part of the country.
Another plus is that Seam 4 within the Western Target Area and Northern Target Areamatches export grade for South African Richards Bay specifications, providing a potential avenue to international markets and the monetisation of the deposit.
Another defining factor of the deposit is the close geographical proximity to South African domestic markets and associated transport infrastructure, putting Nimrodel in a strong position to develop a low cost, high value starter-mine to supply domestic and export markets.
Nimrodel is also working on several coal to market logistic options, as transport logistics required to create market access remain the single largest constraint upon the immediate commercial viability of Takatokwane’s coal.
Done a lot of research now on this rail line, its coming but time will kill the s/p so they need to come to market with a plan soon,i will shoot an email to them and ask for the several logistics solutions and what they entail.ie is it as simple as ..road(haulage) to rail..direct to sorce..backpack..etc
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re: Ann: Quarterly Activities Report December... this was posted...
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