Got an email response back from Julian. Advises that shareholder enquiries are currently being built into the quarterly operations report that we'll see in January. Fair enough.
Anyone got questions that they're looking for answers for? My key ones are;
- have the dockworks been completed? - is an offtake agreement contingent upon a minimum tonnage of coal being delivered (and if so, what is that threshold)? - has a candidate offtake partner been identified and, if so, what is the nature of that partner - domestic consumer, export customer or coal exporter? - how many shipments have been made to date, and what has the tonnage/GCV/FOB-price been for each of those shipments? - what is the operational plan, and what are the milestones, to achieving the ~1m MT per annum shipments by the close of 2011 (i.e. what makes them believe this target is achievable, and how will they mitigate the imoact of the next rainy season)? - what is CoalFe's operational plan for this year - has the company earmarked funds for further exploration, at what point does CoalFe anticipate having that amount of cash on hand, and in what order of priority are those exploration targets?
AQJ Price at posting:
9.3¢ Sentiment: LT Buy Disclosure: Held
