Hey Tri, Gerhard Redelinghuys and Eddie King are reasonably significant players in the coal sector. They (presumably) have as much industry knowledge, commercial nouse and connections as you
Let’s assume for a second they know as much about the commercial production of coking coal as you do. Wouldn’t it be reasonable to then assume they didn’t spend hundreds of thousands acquiring tenements without some strategy in mind to commercialise any discoveries
I don’t pretend to understand the thinking underpinning Isaac River, but the 2 year diligence re Hillalong East and associated buy-back arrangement clearly shows there’s been active engagement with surrounding majors and these guys are working strategically and to a plan.
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