Ann: Cokal's BBM Coal Haulage Road Update, page-130

250kt was always going to be a big ask, but imo is only achievable with the road in full use.

50 trucks carrying 25-30t doing 2 trips a day would carry 2500-3000t/day. Do that for 100 days and you’re there.

Obvious problem is you need a completed road and 50 trucks. They will come, it’s just a question of how fast. I’m probably more comfortable with this. The port to market logistics is the bit which is concerning as we are yet to see that leg of our success story work.

Hopefully a big announcement next week; certainly shares on sell side seem to be disappearing at prices under 20c; are we starting to witness the rising trend commence?