Re: OUTSTANDING BREAKOUT Alerts!!
for EER the avg 'weekly' volume was 1mil...just today's action had 1mil
here is why
East Energy Resources doubles thermal coal resource at Blackall Coal Project to 1.2 billion tonnes
East Energy Resources (ASX:EER) today announced the company had doubled JORC inferred resource at its Blackall Coal Project in Queensland to 1.2 billion tonnes of raw thermal coal.
Further infill drilling is likely to upgrade the coal resource from inferred to indicated. The company said the coal seams at Blackall are low rank, low energy coals. Washability data indicates a medium ash product suitable for domestic thermal coal markets.
East Energy said it would work to upgrade the resource status from inferred to indicated after further infill and exploratory drilling.
for EER the avg 'weekly' volume was 1mil...just today's action had 1mil
here is why
East Energy Resources doubles thermal coal resource at Blackall Coal Project to 1.2 billion tonnes
East Energy Resources (ASX:EER) today announced the company had doubled JORC inferred resource at its Blackall Coal Project in Queensland to 1.2 billion tonnes of raw thermal coal.
Further infill drilling is likely to upgrade the coal resource from inferred to indicated. The company said the coal seams at Blackall are low rank, low energy coals. Washability data indicates a medium ash product suitable for domestic thermal coal markets.
East Energy said it would work to upgrade the resource status from inferred to indicated after further infill and exploratory drilling.