5hareholder,Thanks for the informative posts. This morning GUF...

5hareholder,

Thanks for the informative posts.

This morning GUF announced that they have lodged an expression of interest with the North Queensland Bul Port Corporation for the development of stages 4 to 7 of the Abbot Point Coal Terminal.

According to the announcement, each stage of these stages would provide 30 million tonnes per annum of capacity for coal exports through the port.

The reason for GUF doing this: "Guilford anticpates a large mining development at their Hughenden Project on the northen edge of the Galilee Basin potentially requiring in the order of 20Mtpa of supply chain capacity".

Looking forward to the exploration target being released.