chelmsford asset has dissapeeared, must not be profitable, at least not much was paid for it. More realistic time frames have been set.
First mine production next month with sales in first quarter. At 1 mmillion tonnes per annum and 60% interest should bring in anywhere between $5 million - $10 million per annum profit potentially more if thermal prices keep going up.
Might not see another mine to end of 2010 though.
CCC Price at posting:
6.5¢ Sentiment: LT Buy Disclosure: Held