Presentation to Mines and Money Conference Hong Kong
Brisbane, Mar 22, 2012 AEST (ABN Newswire) - Bandanna Energy Limited (
ASX:BND) is pleased to provide a Presentation to Mines and Money Conference Hong Kong.
Summary
Attractive Assets
- 1.6 Bt thermal coal resource in Bowen and Galilee basins
- Port ownership - 14% shareholder in Wiggins Island Coal Export Terminal (WICET)
Mineable Reservces
- over 250 Mt of mineable reserves identified
Secure Rail - Port Supply Chain
- Port Capacity - 4 Mtpa 10yr contrct at WICET Stage 1
- Below Rail Access Agreement - QRN, 4 Mtpa
- Above Rail Haulage Agreement - Pacific National
Advanced Development Plans
- Underway, EIS and DFS for Springsure Creek, Dingo West and South Galilee projects
Funding to complete DFS
- $122 million cash in bank, fully funded to complete DFS on key projects as pathway to production in 2013 and 2014
Opportunity
- ASX 300 - Market Cap AUD 412M (at 15 March 2012)
- Destined to become Australia's next coal producer
To view the Bandanna Energy presentation inluding all data, please refer to the following link below:
http://media.abnnewswire.net/media/en/docs/ASX-BND-187476.pdf
Contact
Bandanna Energy Limited
T: +61-2-9923-1520
F: +61-2-9923-1528
E: info@bandannaenergy.com.au
WWW: www.bandannaenergy.com.au
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