From Reuters
I won't start worrying unless I hear it's being given a $200m budget and a May 2008 release.
So it does seem like they have plenty of time to choose a director, finish the screenplay, do pre-production, work out what SFX is needed. It's not rushed - it's been in development since October 2004.Although initial reports from the international industry conference Cine Expo in Amsterdam suggested the film was slated for a 2007 release, the Fox spokesman said it was doubtful the picture would be ready before 2008, in part because Jackman iis expected to do another movie first for director Baz Luhrmann.
I won't start worrying unless I hear it's being given a $200m budget and a May 2008 release.