SLOW PROGRESS BUT STILL PROGRESSING Cokal Schedule: Opinion of...

SLOW PROGRESS BUT STILL PROGRESSING
Cokal Schedule: Opinion of ShareJagger (Subject to Updates)

1. September 19: Production updates ---- DONE but need more!
2. September 22: Sales/offtake agreements for BBM Anak low volatile, low ash, low phos, PCI product. ------ STILL WAITING
3. 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
4. Photos BBM Anak: e.g. Stockpile building at Muara Teweh. ----- DONE
5. September 29: Annual Report. ----- DONE
6. Finance announcement for BBM PCI. DONE
7. October 15: Platinum Receivers to declare that first tranche of Debt/Royalty swap. -------STILL WAITING
8. NEW Item: MAGNA Convertible Note 1^st Tranche take up. Qctober18 -----DONE
9. NEW Item: MAGNA Convertible Note 2^st Tranche take up.
10. NEW Item: MAGNA Convertible Note 3^st Tranche take up.
11. October 31: Progress BBM PCI Project. E.g. road commencement (adding 2 km to BBM Anak haul road) DONE
12. November 15: Letting contracts to begin River Port construction.
13. November 15: Letting contracts for road and mine construction for BBM major.
14. 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.
15. January 15: TBAR drilling program commencement.
16. February 28: Platinum Receivers declaring completion of requirements for total Debt/Royalty swap
17. July 15: BBP drilling program commencement.
18. January 15: Production Start for BBM PCI
19. June 1: Production start for BBM Coking