Paringa Resources Ltd.
Paringa Resources Limited (ASX:PNL, OTCQX:PNGZF) is an emerging US-based energy provider developing the high margin, low capex Buck Creek Mining Complex located in the growing Illinois Coal Basin (“ILB”). The Buck Creek Mining Complex is located in the Western Kentucky region of the ILB which is one of the most prolific coal producing regions in the US and is one of the last remaining large-scale undeveloped coal deposits in the ILB with direct low cost barge access to the Ohio River coal market, which is not controlled by a major coal producer.
Presenter - David Gay, President and CEO
David Gay is President and CEO of Paringa Resources. He is a Mining Engineer with over 30 years of experience in developing coal resources projects covering the entire coal development chain. He has 20 years of experience as Business Unit President of Pittston Coal Group, and was Vice President Mergers and Acquisitions and Business Development at Alpha Natural Resources, one of the USA’s largest coal producers.