I note page 55, the Schedule of Coal Tenements.
EPC 1014 and 1085 => BWN only hold 20%?? Can't recall offloading those?? Should be 100%. Bhushan were chasing 80% of these with the $0.32 share agreement but it got knocked on the head by Frank Farrall - it never made it to shareholder vote.
EPC 1045, 1001 and 1002. Are reported as being held by BWN subsidiarys. INCORRECT. QLD DME website lists the title holder of these tenements as "Bhushan Steel".
annual report
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