CWK 0.00% 99.0¢ coalworks limited

valuation?, page-2

  1. 4,317 Posts.
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    OK what this is roughly based on is I have read that we have circa 600 mill worth of coal at the 3 sites. Not sure about extraction costs

    There is also the huge potential of Coal Seam Gas at Oaklands, I heard one poster say they estimate that they could have the potential for as much gas there as Woodside has of LNG at Pluto - billions of $

    Not sure if we can assign a value to coal seam as it is untested and potentially a fews years away. I read a good interview with Don Volte (Woodside CEO) in the Eureka Report about 4 months ago where he told why they have not got into it - Woodside have big doubts about whether it will be cost effective as the process is expensive and very difficult to remove the waste. They were at least two of the reasons he gave - doesn't mean that it won't work though

    Please correct me if you feel any of this information is incorrect

 
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