Gday Woy Woy
The previous resource estimate for TVN was 50 - 100m Tonnes, this was based on 8m coal seams, TVN has since delivered a 124m coal seam which is 15X bigger than the average that the reource estimate was based on. Still many more holes need to be drilled to see if these big wide seams are not a one shot deal. If TVN delivers another thumping wide seam teh company will get a serious rerate from the market as this will signal massive tonnage.
CEO has drilled the first seam of 60m, then the next 2 were 12m and 15m wide, possibly the poster is just comparing the widths of coal between the 2 comnpanies, i think both have very good upside but im only holding TVN as i think there is ahigh possibilty of more big seams to show up with the next round of results.
cheers
Gday Woy WoyThe previous resource estimate for TVN was 50 - 100m...
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