GFX and BLK resources are lignite as opposed to traditional coal...

GFX and BLK resources are lignite as opposed to traditional coal for LNC

this means LNC produce their syngas by igniting the seam which means no mining whatsoever and depth is irrelevant. BLK and GFX not only need to be able to mine this multitude of wet junk called lignite but they also need to dry it before they can convert it to syngas (so if it's too deep then you can bet that's exactly where it will stay). Now how will they dry it? A Coldry plant from ESI that could produce 1.5mtonnes per annum would cost about $300million. LNC are miles ahead in terms of economics and will be in the ASX50 while these muppets continue to bs the market with rosy crap.