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Hi Quarryst, in their last presentation it states 4m tonnes p.a. from 2015 onwards.

The capital raising is done. The US institutions obviously fell over themselves when they did the numbers and subsequently the institutiional raising was 2 to 3 times oversubscribed. Thats why the Australian roadshow was canned.

The rights issue will be fully underwritten and will be seen as a gift by the big shareholders already on the register.

Its vey difficult to get exposure to a pure coking coal company.