As per request Coeus: https://cdn-api.markitdigital.com/apiman-gateway/CommSec/commsec-node-api/1.0/event/document/1410-02834637-7CI0BF3TFCDDTRLMFFS14VKO7T/pdf?access_token=00079EUgzU6ELeAUZY389nByrz4d
If the link doesn't work, check the recent 'Investor Presentation' in the company announcements.
Slide #3, #5, and Slide #6 - Headings clearly state: 'Cokal is ramping-up production of high-quality metallurgical coal
from its BBM mine' - not the rubbish you put out that Cokal are pausing production, not sure where you got that from???
Slide #5:
Operating Costs (inc. royalties)
Hard coking coal ~US$135/t FOB | PCI ~US$120/t FOB
Slide #6:
BBM Production Analysis a
▪ As of April 2024 BBM has produced 42,800t of coal with a combination of LVHCC and PCI (this is part of Seam I
oxidised coal in Pit 3)
▪ As of Q2 2024, BBM had shipped 26,700t of coal product to domestic and export markets.
▪ BBM is in the process of ramping-up production from Pit 3 with the arrival of additional mining fleets and equipment
from the mining contractor, with an additional 3 fleets of 100t class diggers by Q4 2024.
▪ The in-pit ROM coal stockpile has been successfully enlarged to accommodate higher production levels. This expanded
stockpile facilitates direct pit-to-jetty coal transport, reducing rehandling and associated costs while enhancing quality
control.
▪ Near-term infrastructure development to facilitate production ramp-up: Acquire additional fleets of barges; Complete
the Batu Tuhup permanent jetty; Continue upgrade and development of haul road; transition to Cokal owned
Intermediate Coal Stockpile at Buntok
▪ BBM’s Life of Mine production plan forecasts ramp up to 2 million tonnes of saleable metallurgical coal per annum
from year 4 onwards.
However, newly signed infrastructure Joint Ventures have the capacity to material increase
production capacity, at reduced operating costs
Plenty of other great things stated in that presentation - have a look at it.
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- Ann: Cokal to Develop Underground Coal Production at the BBM Mine
Ann: Cokal to Develop Underground Coal Production at the BBM Mine, page-364
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