Coal Concession for Cooperation

1). Area 2000ha

2). Located: Laokulu, Kutai kartanegara,  2 hours from Samarinda.

3). License standing KPPU January 2009, running for Exploration

4). No of Outcrop in the area : 6

5). Thickness : 80cm - 1.5m.

6). Distance from Mine to Port : 22km. Available Logging road.

7). Coal test result by Carsurin:

     A. Total Moisture  (weigth %) D3302-02 = 5.57

     B. Total Sulfur (weight %) =1.45 ADB

     C. GCV 7756 Air Dried Basis

     GCV 7610 As Received Basis

8). Deposit " Appox 8 - 15Mill MT.

9). Royalty Basis : US$ 6/MT

10). Loading atMentawir  River with 300ft barge

11) Loading point MV : TelukBalikpapan, 3 hours from Loading port (Jetty)

12). Royalty Basis US$ 6/MT