also if you take a look at what custom mining spent on there ,mine as well its not the return you may think
as reading sedgman annoucment
22/06/2007 Wins Middlemount Coal Contracts
contract worth $65 million dollars
if your read resource stock - issue-sept 07
page 43-44 martin place has shares in custom mining - as a unlisted company.
how may shares did custom mining have ?
how much have they actucally spent on the project in total ?
it is quite advanced ,it was going to be a ipo listing at one stage too.
building a coal mine is not easy and cheap task.
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