Ann: Top Quality Coal Identified , page-8

i spoke to TCM today

they said, per the NEC announcements, the NEC JORC seams had a cut-off 0.1 metres (where as TCM is using 0.5 metres)

they said thin seam mining is a well established practise

they said 30mt is just the target for the small deposits of T9, Munna Creek, etc

they said the coal is "shallow" per industry standards

they said to research "Walloom Coals" for more information

i was in & out yesterday, with a large position, but took a smaller position this morning

my impression is TCM are pretty slow at what they do

eg. NEC proved up their resource 10 fold with three months

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NEC April 28, 2010

Maryborough Hard Coking Coal Resources Increased by 46%
Further Substantial Upside Identified ? Potential For More Than 200 Million Tonnes

Only coal with less than 150m of cover has been included in the Indicated and Inferred Resource, and a minimum thickness of 0.1m has been applied to all seams.