TVN 4.08% 5.1¢ tivan limited

coal sequence thickens to 192 m, page-21

  1. 174 Posts.

    Looks like it's lignite guys, but apparently a lot of it.
    Wouldn't have a clue what to value this at at this stage but what a trader.

    From Google:

    "Lignite is a geologically young coal which has the lowest carbon content, 25-35 percent, and a heat value ranging between 4,000 and 8,300 BTUs-per-pound. Sometimes called brown coal, it is mainly used for electric power generation"
 
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