6-18 billion tonnes coal, sh life change oppo, page-20

Hi (kirribilli)

Please look at BND Bandanna and see what stage they are at.
How long it has taken.
What Port and Rail deals they have.
Their resource figures etc.
Where their projects are situated.
What funds are needed to just get to the stage they are at.
Bandanna are only valued around $1 billion if j/v partners sign up.
I think it more likely the figures of 6-18 are more likely in the area not in NSL tenements.

Regards
Westcott.