surat basin coal tenements

The Surat Basin coal tenements held by various coal producing/exploration companies are starting to get attention?

Australian thermal coal exporter New Hope mulls sale after getting offers

Note: "There are also a bunch of Indian and Chinese groups that want access to Australian thermal coal assets. Yancoal said when they purchased the Cameby Downs mine which is next to New Acland that they were mindful of Surat Basin coals' suitability for coal conversion technologies..." said the analyst."

I wouldn't say that Cameby Downs is next door to New Acland though! If that was the case then Columboola is next door as well. Columboola tenement is down dip from Cameby Downs and it is actually next door to Cameby Downs.

New Hope's New Acland coal mine is in the Surat Basin. Less than 50kms from MTE's Dalby West tenement (currently being drilled) and 100kms from the Columboola tenement.

There is also Wandoan West tenements (approx 1 bt JORC inferred resource soon to be reclassified to indicated) that are next door to Xtrata's Wandoan mega mine.

How long do we have to wait until someone takes real notice of Metrocoal?

:)
Nic