Past year: ▼ 30%(44.5c – 1.70 AUD)
Each one in plain English, with the numbers worked through for a shareholder.
22 Dec 2016resource reserve update▼ BadMajor
Re-release of the AGM presentation to add a resource breakdown for Ntendeka's 294Mt: 50Mt Measured, 36Mt Indicated, 208Mt Inferred. It also states the mine plan is being remodelled for lower coal prices and that no Reserves are currently recorded, contradicting the earlier 16Mt reserve.
17 May 2013resource reserve update▲ GoodMajor
Ntendeka resources rise from 221Mt to 294Mt and reserves from 14Mt to 16Mt, after drilling of 470 boreholes in total. Reserves were optimised for current low export prices, with a significant portion removed that could be reinstated if prices improve.
7 Mar 2012resource reserve update▲ GoodMajor
Newcastle JORC resource rises to 221 million tons from 209 million, with a first reserve of 14 million tons. Opencast mining is expected from Q2 2012, with a 2 Mtpa ROM wash plant and a ramp-up to 4 Mtpa ROM in Q4 2013.
