Thought it was time for an update;
BTU
225m shares @ .20 = $45m
Aim 50-90mt Hi grade coking coal.
Production late 2011 at 1mt, to ramp up to 2mtpa.
DFS due 3/4 2010.
Open Pit.
Current JORC Resource 42mt. More to come!
Note comment today - The DFS is well advanced and preliminary results should be available shortly.
PRC
404m shares @ .74 = $299m
58mt Hi grade coking coal.
Production started late 2009, but having issues.
Underground