CDB 0.00% 0.9¢ condor blanco mines limited

The Mopane Project is located in the Limpopo Province of South...

  1. 192 Posts.
    The Mopane Project is located in the Limpopo Province of South Africa about 420km northeast of Johannesburg. The project lies on the western limit of the Tshipise Coalfield which contains coal projects owned by Coal of Africa. Mopane is traversed by major electricity transmission lines that form part of the Southern African Power Pool and is also close to major local mining and mineral processing facilities. With a licence area of 1,577km2, the project is held by Sunbird (74%) and Umbono (26%). Based on an Independent Expert Report, Mopane has a Best Estimate Gas in Place (GIP) of 1.9 Tcf, with a High Estimate of 13.66 Tcf.

    The coal seams within the Mopane area are the equivalent formation and similar in quality to those that have been successfully developed by Anglo American for CBM production in the neighbouring Waterberg Basin, where a 1 Tcf CBM resource has been defined.

    http://www.sunbirdenergy.com.au/South-Africa/mopane.html

    The coking coal agreements give Condor the right to earn a stake in The Duel, Universal Annex and Mopane projects, all located in the Soutpansberg Coalfield of northern South Africa from Hong Kong company Signet Coking Coal Limited (Signet).

    http://www.fossilfuel.co.za/conferences/2013/2ndLimpopo/Day1/Session-3/2-Ian-McCutcheon.pdf

    CDB is obviously not just looking for a coal project but also for gas. This could be a game changer !!
 
watchlist Created with Sketch. Add CDB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.