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Old 12-10-2012, 01:05 AM
Sparty Sparty is offline
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Join Date: Mar 2009
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Default Perdika or Sapex's coal next

I expect that as the news of LNC's Ukraine project sinks in there will be quite a lot of renewed interest in CTP's vast Perdika coals that have been evaluated as being highly suitable for UCG.

LNC may also chose to develop their own large UCG suitable coal resources acquired by their Sapex deal.

But the really big bucks are likely to be made in the Perdika.... Liquid fuel independence for Australia is now a step closer.

 

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