tpl - poss multi bill t coal target ..

I believe that they have approx 12500 km2 (largest in Canning Basin) of ground either confirmed tenement or under application. (some recently granted). The next largest is REY Res with 8000km2.

Most importantly TPL have staked 209 of 260 known coal occurances in the basin. REY have 34 occurances only. REY have an exploration target of 9-11 Billion tonnes at less than 300m depth are under takeover. Current undiluted M-Cap of REY is $45m at time of writing

There are secondary roads and pastoral roads through most of TPL staked land. Except for the tenements to the extreme south east where roads are not shown.

IMO ...It is highly likely that TPL will have a multi bill tonne coal target which may dwarf REY res imo. Time will tell as it is still v.early days .. TPL MCap is only $8m approx.

Note: See pres from 25th Nov pg 9 for Map and more info.