I didn't see your moderated posts, but if you were questioning why any JORCs haven't been released, I note the following facts:
- it is much easier to release an "exploration target" in accordance with JORC, which is a level below "inferred resource" and is essentially a best guess as to what you might find;
- see below for estimates of resource potential included by the Expert in the Prospectus; and
- BWN have undertaken a lot of drilling since the prospectus and a resonable investor may see reason to question why no "exploration target" has been estimated and released to market
In 2006 Prospectus:
- EPC1014: 200-300 Mt (refer p26)
- EPC930: 250 Mt (refer p27)
- West Rolleston: "highly likely that coal seams would be delineated" (refer p32)
=> 450-550 Mt coal target
In late 2008 Expert's Report:
- "there would be an excellent chance of finding 500-1000 Mt of underground and open cut coal" (refer p21 of Minnelex report in ASX release 17/11/08)
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I didn't see your moderated posts, but if you were questioning...
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Last
68.5¢ |
Change
0.025(3.79%) |
Mkt cap ! $188.5M |
Open | High | Low | Value | Volume |
67.0¢ | 68.5¢ | 66.0¢ | $27.50K | 40.92K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2500 | 66.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
69.0¢ | 19683 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2500 | 0.665 |
4 | 37501 | 0.660 |
1 | 40000 | 0.650 |
1 | 48616 | 0.640 |
1 | 1588 | 0.630 |
Price($) | Vol. | No. |
---|---|---|
0.690 | 19683 | 1 |
0.720 | 3120 | 1 |
0.890 | 736 | 1 |
0.950 | 3000 | 1 |
0.000 | 0 | 0 |
Last trade - 15.00pm 21/08/2024 (20 minute delay) ? |
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