Australia's next coal producer
Bandanna Energy Limited (ASX: BND) is uniquely positioned to become Australia's next coal producer. The company's core activities are exploration, project evaluation and development of thermal and PCI coal assets located in Queensland, Australia.
Bandanna Energy is the only ASX listed company with substantial coal assets in both the Bowen and Galilee basins subject to EIS and advanced mine studies. The company is committed to working constructively with the communities in which it operates, and delivering growing returns to shareholders, government and the community.
The company is targeting commencement of production at its underground thermal coal project, the Springsure Creek Coal Mine Project, in the first half of 2015. Bandanna is a 14% shareholder in Wiggins Island Coal Export Terminal (WICET) at Gladstone, with port allocation of 4Mtpa for the Springsure Creek Coal Mine Project, and has secured the necessary infrastructure capacity for the integrated rail haulage of coal from project to port.
Bandanna Energy's key projects are:
Springsure Creek Coal Mine Project (EPC891; MLA70486), an underground thermal coal mine project located some 40km south of Emerald and 60km southwest of Blackwater. The Springsure Creek Coal Mine Project is Bandanna Energy's priority development project. The company's aim is to enter production in the first half of 2015, to meet the commencement of shipping from WICET Stage 1.
www.springsurecreekproject.com.au
Dingo West Project (EPC881; MLA80180), an open cut thermal/PCI project located west of the township of Dingo where it occupies a convenient position close to key infrastructure; the main Blackwater-Gladstone rail line and Capricorn Highway traversing the northern part of the project area. Bandanna is targeting commencement of production and export of PCI coal from the project in the second half of 2014.
South Galilee Coal Project (SGCP) (EPC1048, EPC1049, EPC1179 and EPC1180), located to the west of the township of Alpha and covering a combined area of 2,698km2 in the eastern Galilee Basin.
South Galilee Project Website
The Board of Directors is chaired by independent non-executive director John Pegler.
The ASX code is BND.
Calendar of Events 2013
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December 2012 Quarterly Report
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Thursday 31 January 2013
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FY2013 Half Year Results
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Wednesday 13 March 2013
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March 2013 Quarterly Report
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Tuesday 30 April 2013
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June 2013 Quarterly Report
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Wednesday 31 July 2013
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FY2013 Full Year Results
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Wednesday 25 September 2013
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September 2013 Quarterly Report
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Thursday 31 October 2013
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Annual General Meeting
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Thursday 14 November 2013
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Latest Annual Financial Report
2012 Annual Report