hi asfobviously us EOC shareholders believe EOC is the superior...

hi asf

obviously us EOC shareholders believe EOC is the superior company based on the information EOC have given to the market. but, personally, i am starting to doubt the information about Rockwood

Gazman praised EOC's MDS project, where he said: "have some Rolleston open cut that could be punted on to Xstrata". however, Gazman also called EOC "marginal" because the MDS project is relatively small

i invested in EOC for the Rockwood project, where EOC have told the market they have a Tier 1 asset, with PCI coal, which is the same coal McArthur Coal export. but the EOC share price has gone pear shaped

Rockwood is in the Moranbah Coal Measures (Group III coals). This formation contains most of high grade coking coal deposits mined in Queensland, operated by BHP, etc

McArthur Coal is in the Rangal Coal Measures (Group IV coals), which produces PCI (Pulverised Coal Injection) and thermal coal

so the information EOC are putting out is confusing based on the tradition analysis

they claim to have found PCI coal in the Moranbah Coal Measures

for education:

http://www.bowenbasin.cqu.edu.au/basin_data/reg_profile.html