re: Ann: Heads of Agreement signed - South Cl... Nice...

re: Ann: Heads of Agreement signed - South Cl... Nice announcement and have jv with rio tinto with these updates due anytime

"We are already six months into our Rio Tinto exploration agreement. Rio provided us with
an updated report on last years exploration program late this week. The report is very
positive identifying significant coal intersections. We will provide a more detailed update
once Rio pass our proposed announcement through their internal approvals process. Rio’s
exploration program over the Hillalong area will continue this year. We are looking forward
to the outcome of this exploration."

Taken from quarterly report

if coal ever comes back into favour could be some decent upside in this one glta