500mt of coal $??, page-30

The problem with Cougar's tenements is they are designed for UCG so they are deeper than is really desireable for easy mining.

Wilkie Creek's coal is maybe 30-100m deep and Wandoan starts at about 120m. They will have a market value but it won't be 20c a ton.

Wandoan has the added uncertainty that it's currently stranded and any development will depend on the Xstrata Wandoan mine going ahead. At the moment that is under a cloud.