coal age article sept 13

I happened to find this snippet whilst going through a Sept 13 Coal Age Mag today...

Palace Resources is completing the terms of an MoU with PT Solusi CoalIndo with respect to potential coal production agreement at the KCM project. The subject of the MoU is Solusi CoalIndo's coal exploration project which comprises about 200 hec, which in turn is part of a larger 4000 hectare Coal CoW.
The vendors have negotiated an offtake agreement with an independent third party which will necessitate commencement
of a re-stripping process with a view to commence mining of coal on KCM during July. As part of the agreement KCM was to deliver 8000 tonnes by the end of July.
GLTA
Rgds

MTC