1 billion tonnes coal at windeena, page-3

So we already have:

690 million tonnes at Wintinna
1 Billion tonnes at Weedina
= 1.7 billion tonnes

Plus a target of another 4 billion tonnes in these leases

That is just in TWO leases ONLY!!!!!!!

The announcement says:

“This combined CSG estimate only covers the areas of EL 3325 and EL 3326 and does not include the remainder of the Arckaringa Basin which is held by SAPEX in seven Petroleum Exploration Licences (PEL) covering 65,000 sq km.” “As reported earlier, our interpretation of coal occurrence on seismic data in this general area indicates a large distribution of coal covering an area of at least 3,500 km which provides ample opportunity for further major CSG resources.”

This is going to be a VERY interesting next 12 months as this little company proves up what it potentially has.

The risk/reward ratio is quite amazing

cheers