chip away, page-24

Well a 6.9BT resource of coal ... an upgrade in Coal quality to 6000+ K/Cal..and now has the highest ranking coal in Botswana... And yet we have the lowest MCap of all Botswana Coalers ?? That gap will narrow quickly IMHO ... Did someone mention that the drill results for Specimen Reef are close ...?

Also on the horizon more info on the Trans African Rail I think which should pass close to Takatokwane from memory and the fact that NMR are looking for acquisitions to diversify ... So presumably not Coal... I guess they will look for something like Cu or Ni in Botswana or a neighbour in Africa ... but who knows...

I also like the fact that the company has stated they expect no further dilution (ie Cap raise) for the rest of the year... That will give confidence to holders.

There is a lot to like about this Company IMO The market will re-rate based on the above in the short term IMHO

DYOR...