Presentation by Australia's leading ASX Listed Ultra-Low Volatile PCI Producer
Brisbane, Mar 26, 2014 AEST (ABN Newswire) - Cockatoo Coal (
ASX:COK) (CKATF:OTCMKTS) Australia's leading ASX Listed Ultra-Low Volatile PCI Producer.
- Owner & Operator of Baralaba PCI Mine in Queensland (1mtpa)
- Cockatoo planning Baralaba Expansion to 3.5mtpa
- Substantial growth pipeline of real, high quality assets with significant potential
- Strategic infrastructure position in Queensland
- Strong major shareholders and JV Partners
- Committed to Baralaba community
Successful Recapitalisation & Restructure Complete
- A$153m raised via placements to SK Networks, Noble Group, Harum Energy & Institutions
- Company debt free, with A$95m KEBA debt repaid
- A$255m ANZ project finance facility secured for Baralaba Expansion, subject to conditions precedent being met
- Restructured Board of Directors & Senior Management
- Takeover of Blackwood Corporation substantially complete
Tier One PCI Coal Mine
- High quality Metallurgical Coal (ULV PCI) Resource
- Production of circa 750,000tpa
- Expansion planned to 3.5Mtpa, with transition to Northern operations (1mtpa) underway
- Mine purchased in 2008 from Peabody
- Low strip ratio of circa 9.7:1 (LOM)
- Secure infrastructure pathway to Gladstone Port
- Cockatoo is an active member of the Baralaba community
To view the full presentation, please visit:
http://media.abnnewswire.net/media/en/docs/76806-ASX-COK-790024.pdf
Contact
Andrew Lawson
Managing Director
Cockatoo Coal Limited
P +61-7-3640-4700
E info@cockatoocoal.com.au
W www.cockatoocoal.com.au
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