Cockatoo Coal Presentation by Australia's leading ASX Listed Ultra-Low Volatile PCI Producer
26.03.2014 | ABN Newswire
Brisbane, Australia (ABN Newswire) - 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
About Cockatoo Coal Limited:
Cockatoo Coal Ltd. (ASX:COK) (CCL) is a rapidly growing ASX listed Australian metallurgical coal producer. CCL's current focus is on expanding the existing Baralaba ultra low-vol PCI coal mine operation, in central Queensland. The Company is also advancing emerging coal projects in both Queensland and New South Wales. With a program to develop key operating assets and strong existing ties to Asia, Cockatoo Coal is well placed to service the still-rising growth in global demand for metallurgical coal.
Contact:
Andrew Lawson, Managing Director
Cockatoo Coal Ltd.
P +61-7-3640-4700
E info@cockatoocoal.com.au
W www.cockatoocoal.com.au