ESTIMATE COAL PRODUCTION 10.

000 TON PER MONTH

Mine : PT Multi Harapan Utama (MHU) Description Overburden Removal ROM coal production ROM coal hauling to stockpile ROM coal hauling to jetty Crushing cost Reclamation Cost Land compensation Community Compensation Mine Overhead Area Royalty Contractor VAT (sub total) Jetty Stockpile Loading on barge Barge cost for trans-ship Admin. Expenses Sales Expenses Goverment SKAB TOTAL COST
Remarks : all cost include depreciation for investment

Unit mt S/R mt S/R distance (km) distance (km) mt mt mt mt mt mt mt mt mt mt mt mt mt 8 1 1 18 1 1 1 1 1 1 1 1 1 1 1 1 1

8600 Cost/unit IDR US$ $2.50 $2.00 Rp1,000 $0.12 Rp1,000 $0.12 $1.00 $0.50 $2.00 $0.50 $0.50 $5.00 $2.00 $1.50 $0.50 $1.00 $0.50 $4.65

RP/$

Rp40,000

Estimated Investment : - Survey, Drilling, Mapping - Stockyad 10 Ha - Heavy Equipment Rental Downpayment - Loading conveyor - Area Acquisition - Opex Loan TOTAL INVESTMENT Sales revenue CoGS Export Tax Net Cash Profit / Month Income a/f Tax (30 %) Gov't Royalty Net Profit a/f Royalty Payback Period (a/f Tax) Mineable Q'ty:

L/S L/S L/S

10% of N/P month 5,000,000 tonnes +

Cost/MT $20.00 $2.00 $0.12 $2.09 $1.00 $0.50 $2.00 $0.50 $0.50 $5.00 $2.00 $35.71 $1.50 $0.50 $1.00 $0.50 $4.65 $43.86

$100,000 $200,000 $150,000 $450,000