"Coal seam in REY DP project is between 10m-15.8m- AVERAGE 14M!"
Sorry, it's Myroodah , not DP. (see 30,06,2009 REY announcement) Myroodah is average 14m, not DP.
However, for DP, the P1 coal seam is 2--3m, P2 coal seam is 6--7m.( see the JORC report in 2008)
copy: (2009)
"P1 seam thickness averages 2.2 metres (range 0.2-3.2 metres) over the Duchess-Paradise region P2 seam thickness averages 6.8 metres at Duchess but thins to the north and averages 2.3 metres in the Paradise area"
I also found REY believes the total coal in canning basin could be up to 80 BILLION TONNE, however most of this below 350m.
cheers
UXA Price at posting:
3.7¢ Sentiment: LT Buy Disclosure: Held