They will be drilling their Wandoan lease in the Surat Basin through this month and into the next month hoping to get a JORC compliant coal resource of 200-300 million tonnes. So hopefully the resource will be confirmed late June to early July. They drilled 6 holes last year on this tenement and they found it to be suitable for the UCG process. Also, Kingaroy Pilot Plant contruction will commence later this year! Dr Len Walker seems like a top CEO, I hope he keeps up the good work! CXY always seem to be reaching milestones, unlike some other companies. Might even top up at these prices.
They will be drilling their Wandoan lease in the Surat Basin...
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