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View Full Version : CES *Cheapest coal play on asx *** overview ***



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.

Xerof
02-02-2011, 04:03 PM
Why start another thread?

drillfix
02-02-2011, 04:05 PM
dito yet again.

Pachino
02-02-2011, 04:08 PM
I didn't realise this was to be a problem. I am from HC afterall, but if you like I will drag it to the other side. Let me know

Xerof
02-02-2011, 04:10 PM
it might have no debt, but it also has no money.........being hawked like hell on the DT threads over the road by said same promoter here...............

Pachino
02-02-2011, 04:14 PM
Xerof quite happy not to be here if you have a problem with me getting word out, which is what these forums are all about.

drillfix
02-02-2011, 04:21 PM
Pachino,

Its not a personal thing, its just that the structure of HC and ST are quite different forums as you probably can see.

You are welcome here mate, so dont even think about going anywhere as your input is valuable for all readers, IMO

The reason not too many threads get made is because the continuity, appearance and routine of users whom primarily have become accustomed to posting in one thread or because of the structure of the site, information starts to become slightly disseminated when conversing about stocks.

Anyway, a mod will come along and deal with it should it pose to be a problem.

Xerof
02-02-2011, 04:34 PM
No problem at all - just adding one fact you missed in your summary, which appears to be of concern to others as well

Pachino
02-02-2011, 08:44 PM
OK cheers guys, but would you like to go back to the original thread.