For everyone that reads the ann properly this is potentially pretty big;
- BT-01 is 3.5km from BTE001/002 and they still hit more than 20m of coal.
- For the people that think it's not continous because they didn't hit anything at BT-04/05/06 remember that they drilled 11 holes for a total of 1650m - which means each hole is only approx 150m.
- This is very shallow considering that BT-04/05/06 is possibly where the center fold of the syncline is. The ann does state that the sequence is "steeply dipping" ....I wouldn't be surprised if it was more steep than 150m
- They believe BT-01 is the northern peripheral from BTE001-002.
-"Most significant is the fact the coal intersections seem to be in line with seams discovered during our initial drilling on Teeg.”
-Meaning it's possibly the same coal structure that stretches for 3.5km - meaning HUGE!
And 20-40m hits within 150m from surface is ridiculously good anywhere in the world.
There are companies here in Australia that dig half a kilometer down for 5m seams lol
- Forums
- ASX - By Stock
- BGL
- dare to hope !!
dare to hope !!, page-2
-
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BGL (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.96 |
Change
-0.005(0.25%) |
Mkt cap ! $2.307B |
Open | High | Low | Value | Volume |
$1.95 | $1.99 | $1.94 | $6.334M | 3.220M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10496 | $1.96 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.97 | 27902 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5235 | 1.950 |
2 | 8935 | 1.945 |
1 | 4735 | 1.940 |
1 | 4735 | 1.935 |
1 | 4933 | 1.930 |
Price($) | Vol. | No. |
---|---|---|
1.970 | 4735 | 1 |
1.975 | 4735 | 1 |
1.980 | 6243 | 3 |
1.985 | 4735 | 1 |
1.990 | 51266 | 5 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
Featured News
BGL (ASX) Chart |