Investor Presentaiton

or personal use only LL SAAC PLAINS COAL Aquila Resources ISAAC PLAINS COAL MINE Key facts Open cut contract operation moving 50Mbcm waste and 3.6Mt ROM coal to target 2.8Mtpa sales Produces metallurgical (over 70%) and thermal coal (less than 30%) No Lost Time Injuries in the past 12 months Mining & Processing Truck and shovel mining complemented by a dragline which commenced. operations in June 2011 Operations heavily affected by wet weather during the last summer wet season (rainfall from Nov 2010 - Mar 11 was 216% of average) however: ✰ Conditions have improved ❖ Contractor performance has improved Dragline performing well Presently mining the northern deposits with work underway to finalise approvals for southern deposits PROJECT DETAILS LOCATION 7km east of Moranbah in Queensland's Bowen Basin region ESTIMATED MINE LIFE +15 years RESOURCES AND RESERVES (2) (as at 30 Jun 2011) Resources (JORC) Measured: 56.0Mt, Indicated: 38.7Mt and Inferred: 33.2Mt Total Resources: 127.9Mt Reserves (JORC) Proved: 17.5Mt, Probable: 32.2Mt Total Reserves: 49.7Mt PRODUCTS Semi-hard coking coal, semi-soft coking coal/PCI coal, and thermal coal AQUILA INTEREST 50% PROJECTED PRODUCTION RATE 2.8Mtpa (saleable coal) 15

View entire presentation