well that confirms why the scoping study didnt have any financials, its a marginal business this coal assuming the trucking strategy is used. Now if the rail strategy is used then we are laughing! Last i heard there was a special commitee actually formed for the Kalahari rail so expect something this year I would think
Regardless of the coal, 910g/t historical drilling at specifiment reef, thats almost a kg/tonne! never seen a drill result like that before!
At 6m mkt cap with i would assume at least 3m in cash left, it doesnt take much to get this over 10c by Feb-13
NMR Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held