Ann: Mackenzie PCI Coal Maiden Resource Statement, page-5

re: Ann: Mackenzie PCI Coal Maiden Resource S... The quality is actually lower than expected. If you look at post #9137818 of mine and the one after it you can see the quality of Yarrabee and Jellinbah coal, they are 10% ash and this is 20-25%.

I'm a bit surprised by this. They may need to do some resource definition and try to find an area of lower ash if they want a PCI product.

CV is a little low too but again that's due to the high ash content.

Depth came in as expected and tonnage was good - but I'd rather have 100Mt of 10% ash coal than 200Mt of 20%!