Possible 300MT thermal coal mine with major road and rail infrastructure running through the actual lease.
With the coal data already available on the lease it is a very, very good asset. It had competing applications on it but CGV have secured it.
Its not too far from Dalby either.
All going well there is no doubt one day it will be mined!
I just dont like that I invested in a UCG and coal company only to be done in by the current board and Paterson's and now to be invested in a pure coal play.
What Paterson's shareholders want they will get now. Just look at the options.
CGV Price at posting:
2.9¢ Sentiment: Hold Disclosure: Held
