CTP 3.64% 5.3¢ central petroleum limited

coal question, page-10

  1. Ya
    6,809 Posts.
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    Couple of links worth a read.

    http://www.abare.gov.au/publications_html/energy/energy_10/ch_5.pdf

    Worth reading the above document.

    As u'll notice on the maps in the above document, the coal resource in the Pedirka basin hasn't been drawn yet.

    All the dozen odd wells drilled pre-Blamore#1 had encountered thin coalseams, since the focus was on conventional O&G finds.

    Everyone knew about the Brown coal in VIC/SA & black coal deposits on the West coast & East coast. About time CTP's deposit were noticed, which is the norm, i.e every discovery gets reported to the NT Dept of Mines & then it comes down to pure Business Development/ roadshows/ marketing etc.

    ----------------------------------------------------------

    Another interesting link on coal classification.

    http://www.australiancoal.com.au/coal-and-its-uses_coal-classification.aspx
 
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