highlights from the bmo presentation, page-9

Hi All

Great posts guys/girls - let's keep them coming.

Just to add further to the discussion by trying to join the dots from what has been said previously.

Firstly, the below is from an article I posted 13 November titled Coalspur Primes for Pre-feasibility by Angie Tomlinson, 10 November 2010

"Wusaty said Coalspur would start talks next year to fund the development of Vista with designs to bring on board cornerstone end-user investors under offtake deals. He said he would also be speaking with some of the big international mining houses as potential investors".

Secondly, Annemc on 5 Nov stated in a post that
"CPL may be back to backing the PFS with a peer review, but rather than using one of the standard crop of crusty professors it may be a true peer review from a major". On questioning he mentioned Xstrata or Peabody. These two certainly fit the mould of "big international mining houses" that may invest as possibly JV partners or direct shareholders.

Finally we have Jgocar24 alluding to "something huge" and "much bigger things on the horizon"

Therefore, trying to join dots - the level of detail in the approx 650 pg PFS would certainly give the big boys the level of comfort their boards would require before committing to JV's or equity investments.

Anyway, fantastic presentation highlighting the world class nature of the Vista project. To be honest I probably didn't quite realise how world class it potentially could be. Bottom of Pg 12

"Based on current operating mines, Vista would be in the Top 10 of world thermal coal export mines and the largest from North America"

"Vista would be one of the largest first world producers of export thermal coal which increases its global strategic value to Asia Pacific utilities & Global Producers"

"Vista has one of the largest first world saleable coal reserves in an industry which is dominated by the major players including BHP, Xstrata, Peabody, Rio Tinto etc"

Let's see how well CPL is received in the US over the coming weeks.

Regards

Danash