Ann: Coalworks Responds to Whitehaven Announcemen, page-5

re: Ann: Coalworks Responds to Whitehaven Ann... I agree. Then they’ll have to finally look at all that salty water and sand sitting on top of it and see whether they have the money to undertake one of (if not) the largest ground water de-watering – reinjecting bore fields constructed! I’d believe I’d make more money in power companies with the amount of consumption it’s going to take to spin all those pumps.

This thing will drag on for years! At the end of it, we have to wait for an undetermined time for oil to go up, then wait for an undetermined time for them to do a PFS then wait for an undetermined time for and EIS to be approved and hope that the technology of solids to liquids gets better.
Then once the proof that it is possible to do, they’ll then have to get every Green group appeased!

Oaklands is a dud!!!! As I have always said, well done early on to management that sold that story, and then switched focus to the two real projects. But, this takeover is the birds coming home to roost so to speak!