Attila Resources (ASX: AYA) is preparing to update the market on an acquisition and has been granted an ASX trading halt.
The halt will last until the earlier of an announcement being made to the market, or the opening of trade on Monday 23rd September 2013.
Attila has a 70% interest in the Kodiak hard coking coal mine in Alabama.
The recent Pre-Feasibility Study has demonstrated that the project is capable of producing 2 million tonnes of coal per annum with upfront capital costs of US$52.1 million and all in cash costs of US$90 per tonne over the life of mine.
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