The tonage at depth is the concern.
Only 2 holes were drilled grerater than 200m which means the tonage calculated for depth greater than 200m must be mainly conceptual.
In fact the company seems to confirm this:
"The JORC report identified at least 4 coal target areas to drill systematically in order to confirm the
structural model proposed in the report. Draig intends carry out further exploration work on the Teeg
and nearby Nariin Teeg licences in the future with the aim of increasing its coal resources in this area."
More drilling is needed at depth to confirm this!
It seems like my prediction of 30-40mt was generous. Its more like 22mt with another 53mt needing to be confirmed via more drilling.
Oh well we sit and wait...I guess patience is needed right?
Perhaps better managers...!
jorc out, page-11
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