Given the speculation on just how big ATU's upgrade might be at Groundhog please note the below from the latest half year accounts release...
If you refer to page 10, ATU states that the original 390-510mt exploration target based on 10 meter cumulative coal seam average from 0-250 meter depth
Based on the latest 15 hole drill program however, they indicate definition of average of 20 meters of cumulative coal down to as deep as 400m, or double what was originally delineated.
The extra holes drilled are also stated to lift a proportion of previous indicated and inferred proportions to measured status
As such I can only assume ATU is now targeting 800 mill -1 bill ton target at Groudhog
delineating atu's groundhog deposit ....
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