Lex,
I think 100mt is ambitious for the initial JORC.
From what I can remember, length (3500m), width (say 250m), depth (say 30m) and density (say 1.5t/m3) will give a JORC of around 40mt. Its going to most probably be soft coking coal if not hard coking coal. Not bad given its from surface (so great strip ratio) and it on our first tenement. We still have another 7 to explore.
I'm a bit disappointed management haven't put out an update given the delays. With the government elections over, drilling should have commenced to take advantage of the weather.
rocket potential fueled by coal, page-9
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