I agree that all coal deposits would react differently, however the trial (including extensions / suspensions) lasted for 6 months, and the flow rates LCK hoped to achieve weren’t sustained for significant periods by their own definitions.
Also - for mine , I don’t consider the ACCC inquiry as recognition of PCD success, rather a case of claims of one of the largest 2P resources on the ASX and the ACCC basically saying - prove it.
Further - any comments by the company suggesting they have come to an agreement on commercialisation pathway is misleading - the DEM haven’t given LCK special treatment - the approvals pathway will be the same as any other project.
While I’d like to see this thing a success , I’d also be keen to know if anyone else has contacted the DEM at any point post PCD - and to know if they have a different take on it based upon those discussions.
Any figures I guesstimated for gas in ground were also based upon ‘commercial’ flow rates
Perhaps in my discussion I didn’t ask the right questions
(20min delay)