QPM 2.70% 3.6¢ queensland pacific metals limited

I don't know much about FC tbh but I believe it has CSG gas...

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    I don't know much about FC tbh but I believe it has CSG gas content as high as 7% to 15%, but had medium to low permeability and is pretty deep. Coal wise it was pretty trash, ash content 20-70% which is why it was never mined significantly.

    Bowen basin is a particular topic of study for UQ so you can find several PhD papers on Fort Cooper online (google it I hate linking here). For FC, the coal rank and gas content improved by advancing to the east.

    . "The combination of low permeability, the presence of stone and tuff bands, and heavily mineralised cleats pose a major engineering challenge for the production of gas unless stimulated". (Ayaz. S.A. 2015)


    either way it's ~67km from the NQGP so at a current estimate of $4m/km it would be $268m for a pipeline plus well and compressor Capex, probably $400m-500m+ by the end of it.
 
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