Not sure what you are asking?
If we did it by ourselves (that is no deal with Petrindo) we would have to stump up 100% ourselves.
About US$ 10 million to upgrade our road.
About US$13 million to make our own ISP at Buntok.
Maybe $10 million for 4,000 tonne barges.
With Petrindo deal,
They build a road from their mine (NNW of BBM) to join with our 98 km road somewhere to East of Pit 3. No Cost to us!
My understanding is that they will kick in to upgrade the 98 km road so reducing the cost to us.
My understanding is that they will kick in to upgrade Batu Tuhup to take their additional coal. Really nil or little cost to us.
With the deal, we don't need to buy barges as Petrindo has a subsidiary PT Amandra that has many barges.
We don't have to make an ISP at Buntok as per announcement we already have immediate access to their ISP.
So potentially we will not have to spend capital of USD$33 million.
FANTASTIC deal in my opinion
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