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
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