bm as a function to lv aldp govt initiative, page-8

Rupert Downunder

“LV lignite to bce to other value added high value fossil fuels imo is the no brainer. Anything else is long term high risk by comparison.”

America has been running lignite to syngas plants for the past 20 years. The plants have been proven at commercial stage unlike Coldry. That would make Coldry higher risk, yes?

“ALCOA's Anglesea mini lignite mine nearing depletion requires BCE sooner than 2018/9 for 2 reasons,,, C tax credits,,, and well,,, a supply of upgraded coal better than the rugged stuff it's it will run out of.”

Are you aware that there is plenty of coal at Anglesea if the mine were to be extended?

What upgrades to the power plant at Anglesea would be required to run Coldry?

What would the carbon price need to be to make it economical to upgrade the coal?

“By comparison, to me at least, it would appear that the few holes mnm funded to jorc up a BM resource, often mined, and dotted with many hundreds to thousands of recorded historical hole datum details from 1851 to the early 1970's , when it had fallen out of political strategic favour in favour of low toxic dumping then peri-urban development,”

According to the history books it was not political favour as to why the Maddingley Mine BM ceased operation:

“From the 1970s to the late 1980s coal from the mine was used to fuel local boilers at the CRA/Visy cardboard manufacturing facility located at JBD Business Park, located adjacent to Rowsley Station. The cardboard plant was decommissioned by 1990.”

Yes the northern tip closest to the township where the coal was removed was used as a land fill, as open pit mining tends to leave these handy holes in the ground for this purpose.

According to recent (this year) council development documents the “extractive industries” located in the area, namely a basalt mine to the north east of the township and the coal mine to the south were flagged as areas to prevent building over for future use. This makes your peri-urban claim very hard to support.

The technology to make use of this very valuable resource has not been available until today. To give an idea as to how valuable, the $1.4NTA that came from the recent scoping study gives a $10 billion net revenue over 25 years.

You are right that suburbia is slowly encroaching on this resource, therefore a pragmatist would suggest government would like to make use of this valuable resource now that the tech is available and before there is more housing development.

“mainly to the immediate west of Werribee Geelong region, were imo, reclaim staking window dressing & community ''change'' testing, whilst the Govt focuses on plans for the 500 times larger,12 times more versatile, much cleaner by comparison, much shallower and softer overburden by comparison ( as little a 10 metres from the surface ) much deeper multi coal seam resource by comparison ( up to 250 metres of coal seam)”

Yes, we should all be aware that the LV is a larger, low impurity, shallow resource, which is why there is a lot of competition to make use of this resource.

However, the competition is well aware or should be aware of the lack of transport infrastructure to get this product to port and to export markets, which is why Exergen has selected the resource at BM, not the LV, as the first export project out of Victoria.

We know that BM has rail to port from the mine mouth, but when is the rail and port upgrade expected to be completed for LV?

...but really, no biggie for ESI at BM as Coldry could never work on that 1.6 billion tonne deposit as there isn't a power plant there, correct Rupert Downunder?

I too, if I was Kos, could state the BM deposit is best left in the ground if I was developing and promoting a BCE tech that was reliant on waste heat for which there isn't any at BM!

So, interesting that all negative arguements re BM for not happening is from camp ESI that don't have a tech to convert the BC at BM.

Now if Coldry didn't need a power plant to work, let's say just used gravity and pressure, I wonder would the same sentiment and negativity re BM remain???

Cheers K