I still think they are trying to secure a sizable coal tenement; in conjunction to buying from an existing supplier.
IMO, they would not want to release the Mintek or DFS until they have the coal sorted out; otherwise too much bargaining power is with the existing coal supplier and even the villagers who inhabit coal bearing land. As such, Mintek testing operation has been held back.
Im quite sure there are ample end user buyers and even financiers.
There is of course still the risk the washing technique simply isn't commercially viable.
Based on the past announcements the Mintek report is due nowish.
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