February 3 2012 http://www.nimrodel.com.au/media/files/120203_NMR_ResourceStocksMagazineArticleCM.pdf
Things running concurrently: - Phase 2 drilling at Takatokwane South - Infill drilling at Takatokwane - Scoping study
"The maiden resource will form the basis of a scoping study, scheduled for completion in the March Querter of this year but it also led to a major acquisition by Nimrodel"
"The Scoping study objective is to assess options available for mining of the coals, beneficiation, local and export markets, power generation and coal liquefaction"
so beneficiation should include information for washability.
base on AFR's study, expect power generation as main business in early stage...untill new rail/export route built.
NMR Price at posting:
4.6¢ Sentiment: Hold Disclosure: Held