Ann: Atrum Coal Secures Port Capacity for 1.5Bt G, page-60

re: Ann: Atrum Coal Secures Port Capacity for... You are 100% correct, and this is calculated to conservatively yield AUD325 million p.a. at full production under the scoping study's metrics

The PFS due in a matter of weeks will include all other 2013 drill work and additional seam analysis and still only account for a small % of Groundhog's actual ground

It also discounts all other BC land holdings at zero

As such, it would appear logical that the only outcome for the PFS would be to upgrade Groundhog's margin returns from the scoping study

All this from a forecast AUD$60 million capex that will be fully funded by offtake and bank finance

ie NO equity dilution

If there was a take over target on the ASX bourse it cant be much better than ATU IMO