I found the post that caught my liking a couple weeks ago.....a...

I found the post that caught my liking a couple weeks ago.....

a barrel of crude has 159 litres... and SXP have a JORC of 690mill tons of coal already... (just from only this ONE EL...)

690mill * 150 = 103,500,000,000 litres
103,500,000,000 / 159 = 650,943,396 barrels of crude
$70 * 650,943,396 = $45billion...

is this right or have i lost my mind? $45billion potential already... sounds a bit TOO good... i was just trying to put a $ amount on what they already got from this one EL... if they achieve their 2bn-3bn ton target then u could imagine what that figure becomes lol...

and to think this co. is more of an oil play and this coal etc. is only meant to be a side dish.... scary...