bnd at $1,5 billion!!! eer???, page-7

Aca, the 3 Billion Total Coal resource for EER is arrived at, by also including the North Blackall Resource, Which will be JORCED By September (Only about 5 months away).
The Calculation(s) is easy:
Present (South Blackall)Resource: Infered 1,2 Billion tonnes+Indicated (to be announced, most of it, this week) around 800 million tonnes . So: Inferred +Indicated Resources 1,200 Bil+800 Million=2 billion tonnes.
September Total Resource: 2 billion tonnes (South Blackall)+ Minimum 1 billion (inferred+indicated In North Blackall) tonnes***=3 billion Tonnes Total Coal Resources****

PS****. The Geology and Size, as well as initial drilling, last year, in the Northern Blackall Part, is similar to the already completed South Blackall Drilling (and Jorc Resource)... Hence my "arrival" at the (Conservative) figure of a Grand Total Coal Resource for EER of around 3 Billion Tonnes!!!!

Cheers:)))