Australian billionaire Clive Palmer is looking for a way “to clone a dinosaur from DNA” as part of the park-style area at his new resort in Coolum.

Reports suggest that Palmer has been in “deep discussion” with the team that successfully cloned Dolly the Sheep.

If rumors are correct, Palmer hopes to include the cloned animal in his recently announced $2.5 billion plan to build a resort in Coolum, a beachside town on the Sunshine Coast in Queensland.

The project is set to include a new airport, a beachfront hotel and retail development, a casino, a monorail, a theme a park, water park, an aviary and an aquarium.

Palmer, one of the richest men in Australia, is building a modern version of the Titanic, planned to be ready to sail in 2016 from London to New York.

The boat will be as similar as possible to the original Titanic in decoration and design but will be built using modern technology.