Well, after saying the sweetest spots are generally below or around 700m, this is a surprise.
Only going to 600m in this spot, so obviously different characteristics here.
Very good news for a fledgling company to strike first up. Gas content etc will be ok imho, but they will be looking for deeper coals for sure as time goes by. (imho again)
Twenty metres but no mention of seam size. Plenty of coal going to be turning up.
Second well won't disappoint either
Seismic still to come, and a CR is now likely before full test results ..........but it won't be at five cents.
Whoop whoop.
Well, after saying the sweetest spots are generally below or...
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