Low risk, low cost and up to 500mt target of top notch thermal coal in QLD in Galilee Basin... Surrounded by major multi Billion Tonne deposits.
I knew they were looking but I did'nt know they had applications in progress in QLD ! ... Perhaps there are more that have been applied for here which are still waiting for approval?
Says alot for the difference in processing speed of the the QLD Mining dept to approve them so quickly .. In WA TPL have been waiting more than 12 months ...
Certainly a surprise... market will respond positively tomorrow on open IMHO.
TPL Price at posting:
2.2¢ Sentiment: Hold Disclosure: Held
