surely a resource target statement from hughenden must be imminent?
from GUF's announcement 3/3/11....
*Have at least one project with significant scale (Hughenden)
*Export thermal coal target in Galilee and Eromanga Basins
*Open Cut, Underground and UCG resource targets
*Close to existing rail and ready access to port
*Estimated 220km of projected Galilee Basin edge contained in permits
*Other Major Galilee Basin Projects include Linc Energy, Waratah, Hancock and Bandanna which have estimated 250km of Galilee Basin edge and have a reported cumulative JORC Inferred Resource of 22 Bt
*JORC Exploration Target independently verified based on this updated model to be released which will confirm significant scale of project
i am thinking that the signs are there that hughenden is going to be a monster for GUF/CAP. thoughts?
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