Ann: Taroom Project Resource and Tin Hut Project , page-5

re: Ann: Taroom Project Resource and Tin Hut ... Another interesting figure from the company update a few weeks ago...

If the targets re Baralaba are met for 2012, the mine will earn $44M profit for the year.

750kt, 70% PCI coal at $81/t margin, 30% thermal at $7/t margin.

Obviously the big risk to that target is the wet season this summer.

At 2014 it's 2.8Mtpa from the Bowen at 90% PCI 10% thermal, which is $206M profit at today's prices.

Surat's 10Mtpa at say $50/t margin would be $500M profit. The numbers are pretty staggering whichever valuation you use.