AQJ 0.00% 20.0¢ aus asia minerals limited

contacting ces - pachino?, page-18

  1. 587 Posts.
    Yes it does. Had no problem 2 minutes ago from the ASX website viewing it again.

    Highlights
    - 20 metric tonnes shipped 29 Nov
    - monthly ongoing will be 20 metric tonnes and target is to achieve quota of 900,000 metric tonnes by end of 2011
    - construction of private jetty and crushing equip by end of 2010
    - nice picture of barge full of coal
    - slide on royalty structure $3 per tonne if price is > $45 USD per tonnes reducing in two steps to $2.50 if between $45 and $35 and $1 if price is below $35. Key point for CES is that it is FOB barge.
    - review rest of 691ha in 2011 and iron and other coal in 2011
    - for 2012 apply for higher mining quota

    Based on these minnows getting a steady cash flow I am happy based on what I know so far.
 
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