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Re: BLACK G0LD post# 23571

Friday, 03/02/2012 4:45:22 PM

Friday, March 02, 2012 4:45:22 PM

Post# of 42999
BLACK GOLD

I am at a loss to understand why you keep speaking of coking coal at Mt Lloyd when the PR of 10 February itself states "with the intent to develop identified Tasmania Basin thermal black coal potential". It may be that you don't understand the difference between thermal coal and coking coal and it could assist your fact-finding mission to know that thermal coal is used to raise steam in boilers for electricity generation while coking coal is of a higher burning quality and introduced directly into blast furnaces in the steel making process. Perhaps you also don't know that Australia exports large quantities of thermal coal as well as coking coal.

To seek out independently prepared reports and accord them due weight does not indicate a closed mind. There is little point in again going over the ground already covered. Suffice to say the "Geology and Mineral Resources of Tasmania" is a highly authoritative publication and MRT would be only too happy to draw attention to good prospectivity at Mt Lloyd if it really existed.

However, I do reiterate my learned friend that it is a well established fact that Tasmanian coal is not suitable for export (as both coking and steaming coal) at least as far as those who are qualified to state it to be so are concerned.
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