COKAL LIMITED 
By
Level 34 Riverside Centre, 123 Eagle Street, Brisbane QLD 4000
GPO Box 7122, Brisbane QLD 4001
ABN 55 082 541 437 (ASX: CKA)
www.cokal.com.au
COKAL MD JIM MIDDLETON BRR INTERVIEW
Cokal Limited (ASX:CKA) is pleased to announce that the Managing Director, Mr Jim Middleton, has completed an interview with Board Room Radio (BRR) discussing the recent news regarding the company's 60% owned Bumi Barito Mineral (BBM) project in Central Kalimantan, Indonesia.
To listen to the interview please visit our website http://www.cokal.com.au/Media/Broadcasts
In the last week Cokal has announced the completion of is Environmental Impact Study (EIS) and the application for a mining licence (IUP Operation / Production) for the BBM Project. In October
2012 the company released the results of its Prefeasibility Study (PFS) which confirmed BBM as a highly attractive project with low CAPEX and OPEX compared to its peers. The first stage of the project, a 2Mtpa direct ship operation, has an NPV of US$497M (100% basis) at a 10% discount rate real.
The company has commenced an expanded drilling effort with large capacity drills to focus on the conversion of the previous announced 200Mt to 350Mt Exploration Target1 to JORC Resources. The additional resources will underpin a second stage expansion of the BBM project. The first stage project is based on the existing 70Mt Inferred and 7Mt Indicated JORC Resources.
ENDSFurther enquiries:
Peter Lynch Andrew Crook Chairman Media Enquiries Mobile: 0419 764 747 Mobile: 0419 788 431
About Cokal LimitedCokal Limited (ASX:CKA) is an Australian listed company with the objective of becoming a metallurgical coal producer with a global presence. Cokal has interests in four projects in Central Kalimantan and one project (which holds three exploration licences) in West Kalimantan, Indonesia considered prospective for metallurgical coal. Cokal has also signed a joint venture with Tanzoz Resource Company Limited to explore for coal in Tanzania and a co-operation agreement with Mozambique Government Mining Corporation, EMEM, to explore for coking coal in the emerging coal province of Mozambique.
Forward Looking Statements
This release includes forward looking statements. Often, but not always, forward looking statements can generally be identified by the use of forward looking words such as "may", "will", "expect", "intend", "plan", "estimate", "anticipate", "continue", and "guidance", or other similar words and may include, without limitation statements regarding plans, strategies and objectives of management, anticipated production or construction commencement dates and expected costs or production outputs. Forward looking statements in this release include, but are not limited to, the capital and operating cost estimates and economic analyses from the Study.
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Forward looking statements inherently involve known and unknown risks, uncertainties and other factors that may cause the company's actual results, performance and achievements to differ materially from any future results, performance or achievements. Relevant factors may include, but are not limited to, changes in commodity prices, foreign exchange fluctuations and general economic conditions, increased costs and demand for production inputs, the speculative nature of exploration and project development, including the risks of obtaining necessary licences and permits and diminishing quantities or grades of resources or reserves, political and social risks, changes to the regulatory framework within which the company operates or may in the future operate, environmental conditions including extreme weather conditions, recruitment and retention of personnel, industrial relations issues and litigation.
Forward looking statements are based on the company and its management's good faith assumptions relating to the financial, market, regulatory and other relevant environments that will exist and affect the company's business and operations in the future. The company does not give any assurance that the assumptions on which forward looking statements are based will prove to be correct, or that the company's business or operations will not be affected in any material manner by these or other factors not foreseen or foreseeable by the company or management or beyond the company's control.
Although the company attempts to identify factors that would cause actual actions, events or results to differ materially from those disclosed in forward looking statements, there may be other factors that could cause actual results, performance, achievements or events not to be anticipated, estimated or intended, and many events are beyond the reasonable control of the company. Accordingly, readers are cautioned not to place undue reliance on forward looking statements.
Forward looking statements in this release are given as at the date of issue only. Subject to any continuing obligations under applicable law or any relevant stock exchange listing rules, in providing this information the company does not undertake any obligation to publicly update or revise any of the forward looking statements or to advise of any change in events, conditions or circumstances on which any such statement is based.
The information in this report relating to Exploration Results is based on information compiled by Patrick Hanna who is a fellow of the Australasian Institute of Mining and Metallurgy and is a consultant (through Hanna Consulting Services) to Cokal Limited.
Mr Hanna is a qualified geologist and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which they are undertaking, to qualify as Competent Persons as defined in the 2004 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves".
Mr Hanna consents to the inclusion in the report of the matters based on the information, in the form and context in which it appears.
The information in this report relating to Mineral Resources is based on information compiled by Tri Yoso who is a member of the Australasian Institute of Mining and Metallurgy and a full time employee of Cokal Limited.
Mr Yoso is a qualified geologist and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which they are undertaking, to qualify as Competent Persons as defined in the 2004 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves".
Mr Yoso consents to the inclusion in the report of the matters based on the information, in the form and context in which it appears.
All statements as to Exploration Targets of Cokal Limited and statements as to potential quality and grade are conceptual in nature. There has been insufficient exploration undertaken to date to define a Coal Resource and identification of a Resource will be totally dependent on the outcome of further exploration. Any statement contained in this document as to exploration results or Exploration Targets has been made consistent with the requirements of the
Australasian Code for Reporting of Exploration Results, Resources and Ore Reserves (JORC Code).
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