EXR 0.00% 12.0¢ elixir energy limited

Gas worth 3x. ?, page-11

  1. 2,266 Posts.
    lightbulb Created with Sketch. 578
    Hi All,
    This thread was annoying me left like it is and overly complicated. Hopefully I can help clarify based on my understanding/research.
    As a few have stated previously (RBocky, BigKev14, AM27) and to link their posts. The C rating mentioned in the announcement has nothing to do with gases but the visual coal attributes, specifically cleat density.

    Source - Ground Engineering - Principles and Practices for Underground Coal Mining By J.M. Galvin
    https://hotcopper.com.au/data/attachments/1969/1969914-29af80902bca605cac86f16b5ab57cf5.jpg

    Forget anything about gasses. Hydrocarbons do not have anything to do with this except that we want one to flow (methane). It is a pure coincidence that hydrocarbons/fuels (gas and liquid) are also measured on a C scale (based on weight I think), which has caused confusion with other posters research.
    Below image to help substantiate my above statement.

    https://hotcopper.com.au/data/attachments/1969/1969957-24acd84bc4eb972db689efe853fd5e60.jpg
    Now the questions is how good do C3-C4 class coals flow? And I do not believe their is a straightforward answer as many other micro and macro factors are in play. You could say we have the variance of 10-60% bright over a 50m seam, alternatively 40-90% dull.

    This is definitely worth a read and re-read.
    Coal type, microstructure and gas flow behaviourof Bowen Basin coals by P.D. Gamson and B.B. Beamish
    Abstract image to encourage a read.
    https://hotcopper.com.au/data/attachments/1970/1970063-b7311773246c85e288b8498b2586d75d.jpg

    I will leave it up to you all to make your own summaries on what coal brightness/cleating you think will help best short and long term solid gas flow.

    Good Luck
 
watchlist Created with Sketch. Add EXR (ASX) to my watchlist
(20min delay)
Last
12.0¢
Change
0.000(0.00%)
Mkt cap ! $136.0M
Open High Low Value Volume
12.5¢ 14.5¢ 12.0¢ $483.2K 3.658M

Buyers (Bids)

No. Vol. Price($)
13 744769 12.0¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 50000 1
View Market Depth
Last trade - 16.10pm 06/05/2024 (20 minute delay) ?
Last
12.0¢
  Change
0.000 ( 0.00 %)
Open High Low Volume
12.5¢ 14.0¢ 12.0¢ 2645178
Last updated 15.59pm 06/05/2024 ?
EXR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.