Great report. Let me summarise:
1. Close proximity (150km) from mine to port.
2. Close proximity to consumer. Sailing time is 4 days closer than QLD.
3. Target tonnage 1bt.
4. Anchor s/h.
5. Off take secured.
6. Coal price up 340% ($50 to $170) over 2005.
7. Cash position healthy.
8. Coal quality currently being assessed.
9. Well received and reported by media.
big move today, page-7
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