Extract from ann from Guildford Coal purchase of tenements in Mongola, 'whilst the on going weather has impacted our progress on exploration on our Queensland Projects. We still remain focussed and are confident about delivery on our goals for our priority Queensland Projects of Hughenden, Kolan and Sierra. Guildford currently have two drill rigs on the Hughenden project'.
Good news for CAP with a 20% share in the Hughenden project. The rain has delayed the drilling but it is still a priority for GUF. TFP
CAP Price at posting:
64.4¢ Sentiment: LT Buy Disclosure: Held