Ann: Redmoor 2018 Resource Update, page-197

The update is here, from the Dec Quarterly:

Planned 2018 Exploration Program

A further technical review during the quarter of the possible coal extensions to the west of the Lochinvar Resource have downgraded these targets. As a result, the 4-hole drilling program planned to commence in March 2018 to test these targets has now been deferred.

Options for a 2018 exploration program at Lochinvar are currently being assessed.

Lochinvar Strategic Investor Update

Discussions are continuing with potential strategic investors and advisors aimed at providing funding options required to advance the Lochinvar Project.

We've been hearing the same story for a while now, i.e looking at options/JV/funding etc. Not to say something won't come from left field though. It's a nice sleeper project to have on the sideline whilst the focus is somewhere else but I wouldn't be holding your breath whilst waiting either. They've had this project for a long time, even through the coal boom in 2008 and never been able to drum up any sustained or serious interest in the project.

One can only hope that will change, but hope is not the best thing to rely on when it comes to mineral deposits and the market.