SLOW PROGRESS BUT STILL PROGRESSING
Cokal Schedule: Opinion of ShareJagger (Subject to Updates)
- September 19: Production updates ---- DONE but need more!
- September 22: Sales/offtake agreements for BBM Anak low volatile, low ash, low phos, PCI product. ------ STILL WAITING
- September 26: Brokers Report: I would think that will give NPV for range of Coking and PCI prices. As high as US 400+ million at current spot prices. Leveraging off low ball Valmin case. ------ STILL WAITING
- Photos BBM Anak: e.g. Stockpile building at Muara Teweh. ----- DONE
- September 29: Annual Report. ----- DONE
- Finance announcement for BBM PCI. DONE
- October 15: Platinum Receivers to declare that first tranche of Debt/Royalty swap. -------STILL WAITING
- NEW Item: MAGNA Convertible Note 1st Tranche take up. Qctober18 -----DONE
- NEW Item: MAGNA Convertible Note 2st Tranche take up.
- NEW Item: MAGNA Convertible Note 3st Tranche take up.
- October 31: Progress BBM PCI Project. E.g. road commencement (adding 2 km to BBM Anak haul road) DONE
- November 15: Letting contracts to begin River Port construction.
- November 15: Letting contracts for road and mine construction for BBM major.
- February 15: From AGM last year: 3 x Asian based T/O negotiations deemed unsatisfactory. (Prior to Debt/Royalty Swap announcement.3 x new T/O approaches following debt/royalty swap including Aussie companies.
- January 15: TBAR drilling program commencement.
- February 28: Platinum Receivers declaring completion of requirements for total Debt/Royalty swap
- July 15: BBP drilling program commencement.
- January 15: Production Start for BBM PCI
- June 1: Production start for BBM Coking
Chart, page-1734
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