Basic Terracom Financial Model, page-38

I think the comment "Anyone that thinks that a large, old coal mine can just come straight out of care and maintenance and hit planned production in a month is on another planet." was spot on. "Hoping" to move dirt also means 'hoping' to sell coal in August which is 3 months since they got the go ahead - assuming selling also means delivering. Any mention of BNU in the conversation? Its unfortunate, but becoming common for small companies, that they can tell random persons (assuming your bud is not a major SH) in Singapore, 2 weeks ago, where they are at with BA but the BOD cannot update the market. I do hope that your bud is right and I am looking forward to some official news.