Ann: Funding Secured for Development of the BBM PCI Coal Mine, page-3

$10M binding funding received for 50% interest in the PCI project

Beacon Financial Group with $3.5Bn in assets is putting up the funds

They have just sold 50% of the PCI project only for just shy of our current market cap !

Cokal will retain all of the BBM hard coking coal upside to ourselves ... absolutely massive result for us

This can produce 500kt p.a at costs of just $58/t

This deal should net cokal around $10-20Mp.a initially

Once this is up and running, financing the expansion of BBM to 2Mtpa should be a walk in the park

10c+ should be in play in the S/T