CTP 9.26% 4.9¢ central petroleum limited

jorcing ctps coal: a move from hype to value, page-12

  1. 112 Posts.
    Resourcebull
    If you don't mind I will just make a few points clear from your comments. The JORC categories that you mentioned are for ore bodies and not minerals. For coal resources there are 3 categories, measured, indicated, inferred. These are based on the confidence of the geological models and technical/economic considerations.
    From your comments, the shallow coal from depths of 200 to 300m would be questionable for economic extraction by opencut methods. I am not saying it would not be possible, however, it would depend on the type/quality of coal, ratio of product tonnes to waste volume, etc. Now given that the "shallow" depth is 200 to 300m, I would hope that there is a very high tonnage of high quality coking coal. If not, I cannot see the coal resource changing making it to a JORC measured reserve.
 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
(20min delay)
Last
4.9¢
Change
-0.005(9.26%)
Mkt cap ! $39.96M
Open High Low Value Volume
4.9¢ 4.9¢ 4.9¢ $490 10K

Buyers (Bids)

No. Vol. Price($)
2 538291 4.9¢
 

Sellers (Offers)

Price($) Vol. No.
5.3¢ 70708 2
View Market Depth
Last trade - 12.00pm 12/09/2024 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.