Do you think it will ever happen Terry ?
How long ago was it that the placing of the sculpture was supposedly imminent?
Am not sure if it is in any of the links but I picked up this picture from the forum some time ago
There is a 20/5/15 Huddersfield Examiner article that I believe is the most recent news on the memorial. At that point another person had taken charge and had commissioned a 3D life sized sculpture, but the final location had not been set and the sculpture had not yet acquired a suitable stone. If I recall, the previous plan had been criticized for being a relief only, which may be what is in Marianna's first link.
Here's the sculpture that I remember hearing about.. http://www.robersonstonecarving.co.uk/portraits-compo.html IMHO, aside from the clothes it could be almost anyone. I've seen a photo of it elsewhere, but can't find the reference.
This seems to be about a different one. http://www.examiner.co.uk/news/west-yorkshire-news/long-awaited-memorial-last-summer-wine-7790653
That was published a couple of weeks before my last visit to Holmfirth. The Google Earth photo car passed through Holmfirth in August of this year, nearly two years after the bust was to have been installed outside the Yorkshire Building Society, corner of Victoria Street and Huddersfield Road. I don't see it in the photo of that corner.
And there's this very old news. http://www.examiner.co.uk/news/local-news/compo-statue-summer-wine-town-5022318