This takes Dai's holding to 5,000,000 shares.
Last week, ICX announced it was in discussions with rail owner Aurizon (ASX: AZJ) for its Consuelo coal project in Queensland.
The project has an Exploration Target of between 800 million and 1,700 million tonnes of high grade coal, and is located just 25 kilometres from an existing rail head on the Blackwater rail system.
It is also just 25 kilometres from the Blackwater rail line that currently services the Barney Point Coal terminal, the RG Tanna Coal terminal and the Wiggins Island Coal terminal (Stage 1 under construction).
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