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

Looks like they are getting medium hard prices, not prime for Burton metallurgical coal. Ellensfield South will start kicking in in the December quarter, it cant come soon enough. The good ship BCB came very close to the rocks on the lee side, in this development phase. I have been much overestimating the revenue which would be received. BCM is carrying the whole operation right now with only two teams mining. Ellensfield is high grade they say, but is it prime? Well, we shall see this quarter. Cross fingers. A lot of bills in the in tray. Of course any new business has such hurdles to jump. I think the management have done a creditable job in the circumstances.