Ann: Gulf Capital Raising Update, page-6

or maybe they are smarter than you think - JAKARTA, Sept 13 (Reuters) - Share prices of some of Indonesia’s biggest coal miners plunged on Wednesday after the country’s mining minister said he would be open to revising domestic coal pricing rules.
PT Bukit Asam Tbk was worst hit, tumbling 17 percent to close at 10,075 rupiah ($0.7632), while PT Bumi Resources Tbk dropped 9 percent to 218 rupiah, and PT Adaro Energy Tbk fell 8 percent to 1,715 rupiah.
Domestic media reported that Energy and Mineral Resources Minister Ignasius Jonan was considering drafting new rules on marketing coal for domestic supply, as part of government efforts to reduce electricity prices. The comments were later confirmed by Reuters.
Recent high coal prices have put pressure on state electricity utility Perusahaan Listrik Negara (PLN), which buys the bulk of the roughly 90 million tonnes of coal consumed domestically each year.
Indonesia requires miners to set aside a portion of their output, based on assumptions of domestic demand."
https://www.reuters.com/article/ind...e-on-possible-new-pricing-rules-idUSL4N1LU3L2