3-4 holes will not give you 300Mt of coal. That is just to...

3-4 holes will not give you 300Mt of coal. That is just to define an exploration target. The 25c per ton metric is for inferred JORC resources, not exploration targets.

To prove up a JORC resource of 300Mt will require at least a couple of dozen holes and a lot of money. Top coal in this area is 4-500m deep which is not very attractive even for underground mining, plus it makes the drilling much more expensive.

So don't expect anything too impressive from this drilling program IMO...