updated coaltoliquid list blk lnc cxy glx mee

All these companies still powering along to higher ground, IMHO BLK still offer significant upsize due to its size of coal reserves versus tiny market cap. A few important points to note from the recent announcement:
1/ Reports by petroleum consultants in 2005 and 2006 highlighted the potential of the Zanthus Seam as a feedstock for oil production. A limited amount of analysis was conducted and sample results ranged from 38 to 133 litres per tonne on a dry basis. Due the limited sample population and scatter a much lager sample population will
be needed before oil content within the Zanthus seam can be evaluated with confidence.

2/ Based on a potential 30,000 bbl per day CTL operation Blackham’s current resource could provide feedstock for 30 to 40 years. With additional exploration potential at Scaddan East and Zanthus, Blackham is well positioned to increase its resources in the region.