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Ann: Investor Presentation , page-4

  1. 33,567 Posts.
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    illuminating presentation about $40 production cost ton and over $120 a ton sale price for briquettes so good margin.
    THey really need an offtake agreement though to be able to get finance of around $50M .
    DThey state prodn of $1Mtpa coal and 250k tpa briquettes does that mean they need to mine 4 tons of coal to get 1 ton of briquettes?
 
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