MOZ 0.00% 3.6¢ mosaic brands limited

an exploration target of 3.1 billion tone coal, page-3

  1. 12,454 Posts.
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    The ACCURATE information is this:

    EL3246L
    If the main lower 40-50m thickness of coal measures is present this represents a Target Mineralisation of 2.88-3.60Bt of material which, if delineated, could possibly feed a washing plant to produce a thermal coal product with a range of Calorific Value from 5,000-5,600kcal/kg or be subjected to Underground Coal Gasification - dependent on depth.
    This exploration target is conceptual in nature. There has been insufficient exploration to define a mineral resource under JORC guidelines and it is uncertain whether further exploration will result in the determination of a mineral resource. This conceptual target may or may not be outlined with future work, either in whole or in part.


    EL3245L
    Yes, there is a 250 million tonne target ... but that is ONLY on the KNOWN 3km sq area market with a GREEN square. There is another 6klm of prospective coal areas, plus a massive UNKNOWN coal bearing potential that is unmapped and cannot be seen underneath the sandstone.

    Yes, there are heaps of questions to be answered ... but dont sell this one short by doing myopic research. I dont think Dattels has, I am very prepared to put my money where his is!!
 
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