Coal Asia Holdings , Director  Mr. Eric Y. Roxas is optimistic for the possibilities of Philippines Minding Industry such Coal Asia Holdings to transport Coal to China- the biggest consumer of the mining resources in the World. This would instigate with the Indonesia inherint national internal policies to kept Coal beyond the countries bounderies for self consumption.

" Given with the right coal prices in the global perspective , the ceiling of atleast 100 USD per tons , then that is Coal of Asia would have a recoverable rate of return out of 50 USD per tons which incurred the company to a break even point"

Transporting coal in China is a question of economic scale and transportation cost, so that demand price in the world price is closely ralated in the rationale of companys decision of transporting coal to China. The price per tons should at least give us the leway to recover the transportation cost ( logistic side).

Though there is a great demand of coal in the national (local)level, Given the fact that the countries major source of energy supply comes from the energy plant that feeds coal as the primary source of combustion .

Coal Asia  like any mining companies is a capital intensive industry , that able to sustain its capitalization, working capital for exploration ,development , research and documentary requirements tapped the Philippine Capital Markets by Initial Public Offering .Thus infusing the company with an 800 million pesos thus providing the companies with a net cash base of 727 million . This would therefore fore go the company to operate the Davao Oriental open coal pit mining to total expense of 105 million , and a pre operation expenses ( developmental  expense) for about 320.5 million.

Hence the Coal Asia, was able to ship to Sarangani Energy Development Corp, from this incidental productions ( development cost and part of sales) with an initial yield productions for about 65,000 thousnad tons. Good enough for the original goal of the company to ship at least 100 ,000 tons of coal with in at leat 15 years.

Moreover, with companies intent to enlarge its footprints in coal mining , stockpiling for future inventories (minable) its major attempts to Zamboanga Sibugay ,exploring with a total cost of 52.3 million proved to be a success , with a potential of 10K bpu . Given with a right optimal mining plan, and detailed reconfiguration, despite of the economic scale of coal deposits in Zamboanga , the productions capacity would be " doable".

In total , the Coal industry in the Philippines would have a extensive potential  with majority of 70 perent of  energy stockpile of the Philippines comes from Coal related energy producing plant.

Today's annual stockholders meeting of Coal Asia proved to be a mind boggling discussion with the minor stakeholders who are infusing ideas to augment  the companies over all performance as its reflect and percieve in the stock market performance. The stock price of Coal Asi in the market is .97 cents from its 120 peso per share, have gone down to 1 peso per share . But given with the bright fore cast with the coal demand in the national , regional level  the company ,through its strategic management  believes that price per share of the company would not dwelt into like " spontantious combustion".

Note: Sponstoneous Combustion, is an inherint properties of Coal which is directly proportion with the height of stockpiling of coal in the ware house .