re: Ann: Quarterly Activities Report December... OK for some of...

re: Ann: Quarterly Activities Report December... OK for some of you who will understand what i bring to the table on a thread is wisdom,that is to source unbiase reflections on why to hold or when to sell,HC is full of experiance and you only have to be polite and understand the different points of views...so this is my boss,and his point of view...thanks to endless.Now endless is no dummy like mushashi he is at the top of the game for preserving his capital and cutting thru the bull.
dazzaa, re NMR. I'd never say never but I take this info on board. I ask myself these kind of questions.

They have an inferred resource, this is how they got the numbers.
Quotes from annc.
"The resource was calculated using six cored drill holes spaced about 4km apart and covering an area of 75km.

This is what they said from that info.
Commenting on the release of the 2.6 billion tonne inferred resource at Takatokwane South, Nimrodel’s Managing Director Allan Mulligan said: “This combined shallow resource of 6.9 billion tonnes at Takatokwane and the amenability of the deposit to be upgraded to export quality thermal coal, places Nimrodel as the leading coal asset holder in the emerging Botswana coal industry.”

That's a bit of a stretch?

Now they are talking about pre-feasability to build a mine? I could do the same for the coal under Sydney. Is there ever gonna be a mine there?

There's no mention of any "innovative transport solutions."

Then I look at the chart. What does that say. The market "doesn't get it?"

On the plus side, NMR has spiked a few times and punters are there so it does offer opportunities to trade.

So thats a quick summary,now for my point of view
We are in the early stage of a staggering potential,it just has to be proven further and more info on how to get to maket with costings.I hope that helps some of you.
dazzaa