|| Direct Assets, Mining / Oil / Gas Tenements
|| Price on Application
|| AUD Price on Application
Seeking cornerstone investment, JV or outright sale of Advanced Thermal coal development projects with abundance of surplus infrastructure in the Australian
state of Tasmania. Ready to commence BFS & mining permits. Highlights include: 90MT (2012 JORC compliant) resource estimate, exploration upside
potential over 159km2 (2 tenements) of landholding. Rail & National highway intersecting the two tenements. 100-150 km directly by rail to 3 deep
water port facilities. PFS showing low CAPEX/OPEX relative to Australian peers. Based on current coal prices PFS shows EBITDA of approx. A$40/tonne.
Offtake Letter of intent with Chinese SOE executed.
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