I read it very closely and it is very impressive, highlights for those interested were:
ontrack for full year results within budget
coal production up 24%
coal sales up 59%
increase in resources from 1.13million tonnes per annum
to 1.94mtpa
first shipment to rio tinto hismelt plant in august
regarding the minerva coal project:
major contracts let & tenders for major plant & equipment have been received.
mine development commenced
coal production of around 2.5mtpa by 2006
significant activity examining growth opportunities (aquisitions & growth stratergy plan)
production doing very well, going to more than double coal sales, higher prices anticipated during next round of negotiations this quarter for the full year 2006, cashed up, this could be a big riser tommorrow?
report out, page-2
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