can sub bimituous coal be transformed into oil? im just...

can sub bimituous coal be transformed into oil? im just wondering coz using the fischer process its possible to get around 150 litres of crude from a ton of coal. whether this includes sub bimituous coal i dont know.

for arguements sake if it were possible, a barrel of crude has 159 litres... and SXP have a JORC of 690mill tons of coal already... (just from only this ONE EL...)

690mill * 150 = 103,500,000,000 litres
103,500,000,000 / 159 = 650,943,396 barrels of crude
$70 * 650,943,396 = $45billion...

is this right or have i lost my mind? $45billion potential already... sounds a bit TOO good... i was just trying to put a $ amount on what they already got from this one EL... if they achieve their 2bn-3bn ton target then u could imagine what that figure becomes lol...

and to think this co. is more of an oil play and this coal etc. is only meant to be a side dish.... scary...
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