the coal is deep
the project has a conceptual exploration target of 330 to 410 million tonnes, with 4% at depths less than 200m, 22% between 200m and 400m deep, and 20% between 400m and 600m deep. [therefore 54% deeper than 600m]
apart from the high sulphur, which they say is potentially removable by processing, the coal qualities look very good
NAE need to do some pretty deep drilling to prove this up
Ann: Trading Halt Request , page-7
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