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Great report. Let me summarise:1. Close proximity (150km) from...

  1. 3,134 Posts.
    Great report. Let me summarise:
    1. Close proximity (150km) from mine to port.
    2. Close proximity to consumer. Sailing time is 4 days closer than QLD.
    3. Target tonnage 1bt.
    4. Anchor s/h.
    5. Off take secured.
    6. Coal price up 340% ($50 to $170) over 2005.
    7. Cash position healthy.
    8. Coal quality currently being assessed.
    9. Well received and reported by media.
 
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