coal reserves at emerald

The coking coal reserves at Theresa look very promising The German Creek coal seam IMO has perhaps the best quality hard coking coal in Queensland. Existing mines from north to south are German Creek (Anglo) Oaky Creek (Xstrata) Gregory (BHP) and Kestrel (Rio Tinto)A lot more drilling is required to bring up the resource to JORC standard but given that BHP Mitsubishi just paid A$2.4 Billion to New Hope for an undeveloped UG coking coal deposit at New Saraji LNC would be well advised to keep drilling to JORC standard !