EER 0.00% 3.6¢ east energy resources limited

jorc upgrade due - 2bt exploration target, page-10

  1. 2,917 Posts.
    Mutty Webdog
    believe me i have already been paid off...
    I don't think you understand the outside factors of large resources and why they are so valueble - in india for example to get a power plant approved you need a resource large enough to support it for over 30years and an MDL on the resource.
    Also have a look at the abbot point T4-7 EOI, one requirement for capacity seekers need at least a 50 years resource to fulfill their allocation.

    this is why you get the big asian end users paying top dollar for these resources.

    also 20mtpa is about 7500mw base load power - that is not that much compared to the growth happening in asia.
 
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