As mentioned above- we can not 100% discount a calamity with the coals NOT flowing viably.
Nothing is guaranteed, and we are pioneering effort here- a lot can and does go wrong- despite best efforts and a shedload of hope.
Taylor Collinson in their latest report suggest any geological problem is solvable- (it just takes time, effort and probably many many monies), so even if we don't viably flow these coals in this initial lost cost effort, all is NOT lost- we might just be in a slightly less attractive position negotiating with a potential JV partner.
However- now the BULL case scenario and some background as to the nature of the coals, and the size of the prize:
**as ever- DYOR etc etc
A)- gas absorbed to the coals- lots of it- more than we thought initially
B) the nature of the coals- clay rims etc:
