Rey needs a Investor with deep pockets to move this project forward ASAP.
There has been talk of Indian and China interest.
Chairman`s Address 2008 Annual General Meeting.
The Company has had numerous approaches from Asian coal end users who have expressed interest in funding; both direct participation in the Canning Basin Project and in the Company itself. Management is currently reviewing all options.
Enough of the Presentations...
We are preparing 2mtpa in 2012 while,
The Alpha Coal Project in Queensland’s Galilee Basin
“If the feasibility work demonstrates viability, and we believe it will, construction should commence in 2010 with the first coal mined in 2012,” Thiess managing director David Saxelby said.
This is the Hancock Prospecting project, not Clive Palmers.
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