CEO
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  1. ddzx
    37,911 Posts.
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    07/07/11
    13:04
    Post #: 8642495
    CEO has 62,000 hectares of land

    coal on 10% of that land @ 30 metres thick = 2 billion tonnes

    62,000h x 10,000m x 30m x bulk density of 1.6 x 75% project share x 10% of the area = 2,232,000,000 tonnes
    CEO Price at posting: 16.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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