Ann: BBM Progress on Road Batu Tuhup to Pit 3, page-29

yes
we need to to get to producer status asap
as someone has said previously, cokal needs to throw some more capital $ immediately to get the infrastructure works expedited asap with higher quality fixes
we cant keep using cheaper raw materials to makeshift major infrastructure
capital spent now will pay us back as roe [return on our equity]
$5-$10m more now is nothing when you look down the road at potential off take partner values at these higher hard coking coal prices

they need to spend now and push harder

look at the effects on whitehaven thermal coal share price today
its gone from 95c to $3.95 today in 12 months
on the back of higher thermal coal prices
but they are a producer

in the end its all about producing as a miner
$5-$10m spent now to speed things up will repay itself 400% in my view on a shipment of coal
surely they can see the need for speed here

onwards and hopewards from here
we are close