Here are my issues with the drilling. I mentioned them all yesterday and I'm reluctant to repeat them again, as other get annoyed reading the same stuff over and over again, but given you asked for it I will provide it.
BTE001 hit 60m coal = GREAT!!
BTE002 hit 40m of coal 280m NW of BTE001 = GREAT!!
With these to great hits, the company decides to throw a few darts at the board based on geophysical data to try and determine the extent of the coal.
They drilled 7 out of the planned 13 with only one returning anything significant. That hole being BT01, some 3.5km away.
The company then talks up the distance and claims BT01 is in line with hits at BTE001. Well of course they are in line...there only two points! The problem is that holes drilled in between BTE001 and BT01 returned no significant coal indicating two separate deposits at BTE001 and BT01 OR deeper coal. If its the former then that would be disappointing. If its the later, that too would be disappointing as it wouldn't be at open pit depths (something else the company has talked up).
Furthermore, the company sunk a further two holes BT17 and BT24 which hit coal. BT17 was in between BTE001 and BTE002 close to trenching so no surprise that this intersected coal. BT24 was 100m SW of BT01. NOT THAT FAR! Two further holes 200m SW of BT01 and 100m NE of BT01 returned nothing. Therefore the seam between BT01 and BT24 is thin.
They should step out from BTE001. Stop wasting time trying to find the edge of something that may not be there.
That's all for now. Need to go off to a meeting.
for other newbs :), page-56
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