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a good indication imo, page-7

  1. poyndexter
    37,555 Posts.
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    22/03/13
    07:27
    Post #: 11572507

    Hi dashjt

    I gather the "600m rule" is a depth one, that is UCG within seams 600m and deeper?


    I am sure I remeber hearing/reading once that 200-300m was ideal and that deeper was more difficult and costly.


    Also all companies (LNC, CXY and CNX) have spent all their funds developing much shallower seams in Qld and so any sunk investment is lost if the 600m depth rule is to now apply?

    Cheers
    Dex
    CNX Price at posting: 4.2¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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