Cockatoo Coal (ASX:COK) (OTCMKTS:CKATF) 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 Limited (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 Limited
P +61-7-3640-4700
E info@cockatoocoal.com.au
W www.cockatoocoal.com.au



Link: Australia's leading ASX Listed Ultra-Low Volatile PCI Producer


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