production volume, page-2

Beardy - good questions.

From the 2013 annual report it says that bnd have 4mtpa confirmed capacity from stage 1 of wicet and are in negotiations for securing the additional capacity required for full production of 11 mtpa.

Bnd completed a cr at $1.5 and then again at $1. Not much to gain from a cr at 16c. It seems rather the required capex will come through an investor and financing. Last weeks ann states that bnd are in discussions with equity firms and Asian electricity generators. It's interesting that a private us based equity firm took a major stake on market of whc recently. This seems to positive because it may imply that private equity firms are seeing opportunity in australian coal producers.