Jus
"4.2 BT in-situ, 2.9 BT after washed, 820 MT high grade export... nothing has been priced in yet hence i hold.
reaffirmed short-mid term goal.. domestic market, shaking hands with the botswana govn.. i scratch your back, you scratch mine... and we have a busines
long term goal.. possibly export market, synthetic diesel and gas, plastics, fertilisers, fly ash."
Pizzabox
"There are just three main coal explorers in Botswana, but nimrodel believes it has the best quality material, with a calorific value of around 5500 calories or 23-24 megajoules, 10% better than competitors African Energy and
Hodges, and a proactive approach to drawing value."
Good read, thanks Pizzabox and the following diagram confirmed a good quality of NMR coal when comparing to AFR (click here to view AFR's HelmSec Research)
NMR Investor Update (Dec 2011):
Washed coal Test results, at a 1.6 sg float:
- Calorific value are higher for NMR:
NMR = 23 Megajoules (circa 5493 calories)
AFR = 4,845 calories (best case)
- Recovery is higher for NMR: NMR current JORC resource of 4.23 Bt of raw coal with a 57% yield @ 1.6 sg float provide with a washed resource of 2.4 Bt:
NMR = 57%
AFR = 43%
- Ash content % (impurities) are lower for NMR after washed:
NMR = 16.5%
AFR = 22.9%
As (Jus) mentioned, Seams 3 & 4 could be candidate for thermal export (high grade) with a low sulphur, low ash, high calorific value and a good recovery (66% max)
Cheers,
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- ASX - By Stock
- botswana coal road map
Jus"4.2 BT in-situ, 2.9 BT after washed, 820 MT high grade...
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