bacchus marsh drilling, page-5

more superb results from BM today.

A 2.5 billion+ tonne final brown coal BM JORC looks likely now.

In an era where both the Cth and Vic Govt have said they are committed to creating a brown coal export industry in Victoria fair value for this coal should be no less than 5c per in ground tonne, and the right buyer would pay more.

I wonder if the Big Tink has seen the latest?

Of course Tubby is not our only option if exergen delay us much longer.

The entire world is on the hunt for major Oz coal deposits that are close to existing infrastructure and ports with export capacity.

BM & Geelong tick all of those boxes really nicely.