RES 0.00% 6.4¢ resource generation limited

Buy coal when sentiment down, page-5

  1. 247 Posts.
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    it's always first production -- breaking the ice,, that is the risk -getting those ducks lined up. BUT WE'RE GETTING EVER CLOSER....

    our coal project.. with little overburden (around 10 - 30m from memory) and then a 150m coal seam.. will make for quite the open-pit.

    expect low production costs
    wouldn't think labour costs/ or finding unemployed would be an issue either

    3 to 5 m/t initial production target rings a bell-- but admittedly it's been a long time since I've had a look...

    things can change rather quickly.. then again,, financing has taken forever..

    dyor---
 
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