RE: The real money will be made on Klappan Good stuff ........the key is metallurgical coal
The Mount Klappan coal project represents one of the
world’s largest undeveloped deposits of metallurgical coal
with Measured Resources of 107.9 million tonnes, Indicated
Resources of 123.0 million tonnes, Inferred Resources
of 359.5 million tonnes and Speculative Resources of 2.2
billion tonnes. The definitive feasibility study prepared by
Marston & Marston Inc., on the Lost Fox deposit, demonstrated
run-of-mine coal reserves of 106.3 million tonnes,
representing only 3.6 percent of the total resources.