Name of the Project
Bumi Barito Mineral (BBM) coal project.

Location
Central Kalimantan, Indonesia.

Project Owner/s
Cokal (60%).

Cokal is preparing a submission regarding the BBM underground mining project to the Indonesian government for its consideration in granting the maximum foreign ownership (70%) of BBM for the life-of-mine.

Project Description
The project envisages the construction of an underground mine, which will use three continuous miner development units and a built-for-purpose longwall plow.

The highwall punch mine configuration and shallow nature of the inferred resources will not constrain longwall output because of outbye coal clearance systems, which is the case in similar plow operations installed in existing older mines.

The project is expected to produce two-million tonnes a year of saleable coal from its third year of production.

Potential Job Creation
The company currently has about 20 staff on site to prepare it for the initial construction work to develop the project.

Net Present Value/Internal Rate of Return
As a result of ASX restrictions on forward statements, Cokal may not provide any of these estimates in a public statement.

Capital Expenditure
As a result of ASX restrictions on forward statements, Cokal may not provide any of these estimates in a public statement.

Planned Start/End Date
Not stated.

Latest Developments
Cokal has tapped PT Harmoni Panca Utama (HPU) as its preferred tenderer to provide contract mining services for the development and mining of its BBM coking coal project.

HPU will be responsible for openpit overburden removal, the provision of the required mining fleet and associated equipment, and coal hauling from in-pit to a near out-of-pit intermediate stockpile facility.

Cokal has said that HPU represents a significant milestone for the near-term development of BBM into a coal mine producing premium export-quality coking coal and pulverised coal injection products.

Key Contracts, Suppliers and Consultants
PT Harmoni Panca Utama (preferred contractor – contract mining services).

Contact Details for Project Information
Cokal, tel +62 21 5790 3265 or email info@cokal.com.au.