Ann: KRL secures 300,000 t off-take contract with, page-9

re: Ann: KRL secures 300,000 t off-take contr... Interestingly we didn't get an announcement of sales from Mamahak for February or an update in this announcement. Given that we got one in early February to tell us of the successful increase from Dec to Jan I'm surprised we didn't hear anything. I'm trying hard to believe no news is good news but I suspect no news is no sales in this case. The previous months' sales probably came from stockpiles and I don't think we've seen much production yet from Mamahak.

Fingers crossed things are about to get a whole lot busier on the ground there and we can get coal out of the ground, up to the port and the money into the bank soon. It seems we never quite manage to accomplish all the steps with any kind of consistency. Hopefully Bayan will prove their worth as a partner with strong production from the 'Hak by the next quartley activities report.