Speaking of jorc's,
GUF's latest update from Qld is interesting.
Need to call on our geo's or those with a little more knowledge to verify / confirm,
but if one checks page 3, it notes the seam group, with appropriate 'Indicated Resource (Mt)';
then page 5 of the presentation, gives the appropriate seam thickness!
NOW compare what the DRG Geo / drillers have found.
Their (GUF) seams require u/g mining so must be at depth.
Thickest seam is 4.5 metres.
Bades well for our up-coming presentation, I assume.
Guess I'm trying to predict what may be u/g in Teeg / Mono, and these peer company's results always interest me.
Given their m/c of around $232 million .... vs us at some $14.6 m.
Cheers :)
rocket potential fueled by coal, page-8
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