The prospectus actually states the exploration target range for EPC 1164 and EPC 1251 which is what the JV is for at nearly 1.20bt which is where they must have got that number from in the press release!!!
Project Name Description Exploration Target Range* Wandoan West -720km2 EPC 1164 EPC 1251 MDL(A) 406 Highly prospective for underground mining and UCG. In vicinity of down dip extensions of the Wandoan and Elimatta coal deposits. Has good historic data and includes the Juandah Project with a JORC categorised resource. 880Mt to 1,190Mt
MTE Price at posting:
70.0¢ Sentiment: Buy Disclosure: Held
