Trees, well from early presentation I believe they are looking for mainly thermal coal but CSG and UCG has been mentioned in prev ann's about 12mths ago.
My guess (and it is just a guess) is that they are likely to have a multi bill tonne coal resource close to surface...similar to Rey Res. The probability that at least 1 of their 209 coal outcrops is economic and V.Large is high. Will it be big enough to justify building a rail connection in partnership with someone like Rey through the port at Derby?. Perhaps similar to the Okajee? port mid west.
Very early days ...and several years away. But a distinct possibility ...
I guess what we can expect is similar to what happened to AGO (given the CEO) who also had large tracts of land in the Pilbara and look a them now. Imagine if you had bought into AGO at 1.6c some years back ...Now $3.00 Hmmm.
TPL Price at posting:
1.6¢ Sentiment: Hold Disclosure: Held