RE: NAG will have the majority of the coal playI absolutely agree. This was a smart news release. What has this new release done:
- It has told the investment community that NAG is likely going to have the largest land position...first in line comfort letters should be fairly certain of becoming permits.
- It has told everyone that we have the land on both sides of an 18 metre coal seam and that we have another 4m coal seam approximately 50 km away....this says we very likely have a huge amount of coal.
- It has left open the possibility that we still have another 500,000 hectares of land still to come.
- It left open the possibility that if anything goes wrong with the WER permit applications, we are next in line to an 18 metre coal seam.
- It gives NAG the possibility of still being able to issue another new release in the near future to announce the Adamas permits...keeping NAG in the news.