tincom spv finally formed!, page-9

The benefits of this project include:

To ECT V A$5 per tonne royalty over 30 years.

X To TinCom V Security of supply of a competitive, high quality, back coal equivalent (BCE) feedstock for the export market at a stable price.

X To Victoria V Resource export earner. Jobs during construction and ongoing operation, plus
the flow on to downstream industry V rail and port.

To the Environment:
*Lignite in its wet state is emissions intensive when used to generate power. By drying lignite, emissions are significantly reduced.
*The water recovered from the coal can be used in the power station. Loy Yang power station uses around 34 GL a year. At full production, the Coldry plant could
return around 20 GL a year to the environment.


The Voctorian and Federal governments have good reason to stay right out of this and they dont need any "go ahead" or support from these governments for anything.
The governments agenda and ours are the same - make money, create jobs, reduce unemployment figures and boost state revenues. This is support by agenda.


We are full speed ahead investors.

L