CTP 1.89% 5.4¢ central petroleum limited

1 trillion tonnes coal for $40 million, page-19

  1. 1,396 Posts.
    Re: Coal tonnage reporting.

    A couple of UCG/CSG co's to add to CNX, LNC & CXY.

    Off the top of my head BLK, GLX(now syngas) & LBY...I'm sure there are more.

    Seems logical to have an idea whether you have enough of the stuff down there to warrant spending millions in exploration etc so that you can announce the BCF's, TCF's in 3,2 & 1P reserves.

    Surely you need tonnage & an idea of its qualities before you can even guestimate these reserves.

    Not quite sure where you were coming from Oilsearch.
 
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