ROB 0.00% 0.4¢ robe australia limited

massive 6 months ahead - one to watch, page-82

  1. 28,706 Posts.
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    HUN were taken over for $477m

    the last announcement said Hunnu Coal now has Total JORC Resources across its projects of 843Mt [which was thermal coal or some rather dubious looking low grade coking coal]

    HUN had also acquired the ex-RIO coking coal project near ROB with 250Mt and 500Mt exploration target and 70% ownership

    the initial specs from this project are even better than AKM

    so maybe ROB could find something better than the little exploration in the HUN prospectus indicates

    regards

    ***


    Altai Nuurs Coking Coal Project Aquired from Rio Tinto
    Moisture (%ad): 1.6%
    Ash (%ad): 10.7%
    Volatile matter: 18%
    Calorific Value (Kcal/kg ad): 7,460
    CSN: 8.5
    Total Sulphur (%ad): 0.48
    Phosphorous (%ad): 0.017
    Alkalinity Index: 0.56
    Coke Strength Ratio: +70



 
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