Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-6

Last report talked about stockpiled coal but no data on this report. A bit disappointing really; makes you wonder why and leads one to think the numbers aren’t great.

On the plus side sales numbers are there; just don’t say when these sales occurred and what price they got.

Lots of positive noises but still lacking consistency in messages, except for the usual theme of “next quarter we will see some big changes”. Hopefully we will get a couple of updates in the next couple of months to provide evidence of progressive milestones being hit.

Interestingly didn’t see a mention of the loader at Batu Tuhup.