ect funding, page-41

referring to:

FOB Newcastle thermal coal with less than 1% sulfur, 14% ash, which analysts have consistently stated Oz producers need ~FOB $90-100 to remain viable long term.

So, with Coldry's indicative FOB of $51 - Coldry has a "considerable cost advantage" over the humongous Hunter Valley producers etc.

Nice position to be in with the WATER bonuses etc etc.

But without the min $4m from Monash/IMFA - the above is meaningless.
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Sums it up perfectly.

MARGINS... no other world wide coal producer can sell a 5800 calorific value at $70 to $75 per ton.

I personally know coal brokers in China and Indonesia that would buy as much as could be produced of a BCE quality product/coldry, at $75,. but they unfortunately would be on the bottom of the waiting list ..

imo all the companies you have mentioned would want to be involved in securing long term off take agreements.

the demand is only restricted by the waste heat and you can build 2 coldry commercial plants at LOY YANG POWER feeding off the waste heat.

certainly explains Monashs confidence to offer an additional 2 million dollars.

no brainer indeed for AGL, and yes will be able to read about the submission due 15th august on AGL website.