6-18 billion tonnes coal, sh life change oppo, page-4

I'm not having a dig at NSL, I think they have a lot of merit.
But it is hard to compare their exploration target with EER's Jorc resource.

for example NSL have added seams up to 700m deep, whereas EER's 1.2bt JORC coal seams are from 12m to 100m in depth.
(if EER went further down,no doubt they would have a lot more resource - which would be uneconomical seams)

you will find the exploration target doesn't mean much when you are proving up an economical resource.

also santry's ATP's 862 and 864 sits over NSL's tenements which may have issue going forward, whereas EER's JORC area is a EPC only.

don't get me wrong NSL, EER, CBQ and ICX have huge potential, all they need is EER to build their proposed rail extension together with their cornerstone investor (Noble group) from hancocks rail line. port capacity shouldn't be an issue in the future with Abbot and Dudgeon Point future capacity being over 600mtpa combined.