The starting price in first year of production is $141 . The...

The starting price in first year of production is $141 . The $172 is the long term price . The price used in the feasibility is a discount to these prices to be conservative and the DFS by its very nature has a marketing expert who has tested the market. This coal will be used extensively in blending with other coals. The barges used are push barges especially designed for the twists and turns of this type of river. They are used in the tributary waterways which flow into the Mississippi River. These tributaries have much more tight twists and turns than the Barito so these barges are ideally suited. The package proposed by Platinum and co is a debt package as already noted in ASX releases . So minimum dilution.

Also the tax/royalty is 7% as this is an IUP. The 13% relates to Contract of Works( COW) which this is not.

Hopefully this helps explains your questions before investing in a near producer of Coking Coal.