Ann: Coal Mining and Barging Update, page-14

I am here and watching .. so far so good! Need more barges -- atleast 3 more and need that ISP deal -- 5 barges and ISP deal will mean one barge can do 3 trips a month or 12,000 tonnes, for a total of 60,000 tonnes a month. And assuming a 7-8 month barging window -- 400-480kt per year. Thats minimum needed to get the roads, the conveyor and other additional ancillary infrastructure completed by year end.

For the stock to re-rate somewhat from here -- need more barges, and a first view on AISC cost/t -- whether it is $130/t or $200/t or somewhere in between? Sophisticated investors will need an AISC cost/t to put a value on the coal produced.

like I said..so far so good....! things flowing