Pachino
02-02-2011, 03:46 PM
* Overview *
Thermal Coal Production (Indonesia)
* 82 mil registry
* No Debt
* CES - Abadi tenement owners
* Toba Jaya developers and Production (J/V partner)
* 50,000 MT supply contract in place (first delivery March)
* romping up to 1 mil MT 2011
* CES 100% Free carried
* up to $3 per MT royalty, reviewable quarterly
* 34.5 mil/MT resource
Tenement 1/3 proved and developed
2011 drill program for balance 2/3 (TBA)
Private 5 hectare stockpile yard
Completed private jetty for barge loading
All roading in place and being upgraded (for ramping up)
Socially responsible ........
Village being relocated with new Housing, Mosque and School being built, atm.
Capital reconstruction in action phase, atm
Machinery....
6 excavators
3 bulldozers (with 2 more on order)
26 dump trucks
6 hauling trucks (with 16 more on order)
See latest Ann for more detail.
This is way undervalue but DYOR to find out.
Thermal Coal Production (Indonesia)
* 82 mil registry
* No Debt
* CES - Abadi tenement owners
* Toba Jaya developers and Production (J/V partner)
* 50,000 MT supply contract in place (first delivery March)
* romping up to 1 mil MT 2011
* CES 100% Free carried
* up to $3 per MT royalty, reviewable quarterly
* 34.5 mil/MT resource
Tenement 1/3 proved and developed
2011 drill program for balance 2/3 (TBA)
Private 5 hectare stockpile yard
Completed private jetty for barge loading
All roading in place and being upgraded (for ramping up)
Socially responsible ........
Village being relocated with new Housing, Mosque and School being built, atm.
Capital reconstruction in action phase, atm
Machinery....
6 excavators
3 bulldozers (with 2 more on order)
26 dump trucks
6 hauling trucks (with 16 more on order)
See latest Ann for more detail.
This is way undervalue but DYOR to find out.