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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL
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Company Profile
NuCoal Resources Limited is an Australia-based company that is engaged in developing unrealized coal assets in New South Wales, Australia. The Company has an exploration license located in close proximity to Bayswater Power Station through its subsidiary Dellworth Pty Ltd. The Company holds exploration license EL 6812 (Savoy Hill tenement) adjacent to mining operations owned and operated by Glencore, Coal & Allied and Anglo Coal. Its EL 6812, Savoy Hill, is located approximately 30 kilometers to the north-west of Singleton, close to the Great Northern Railway line, in the upper Hunter Valley of New South Wales. The mining operations near Savoy Hill include Drayton Mine, Drayton South Project, Hunter Valley Operations and Mount Arthur, which are located to the north, west, south east and north-west of the study area, respectively. The Company’s subsidiaries include Doyles Creek Mining Pty Limited, NuCoal Share Plan 1 Pty Ltd and Dellworth Pty Ltd.
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