CCC continental coal limited

penumbra fully funded, page-13

  1. 6,620 Posts.
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    dott, Penumbra has been re-planned to allow for the decline to be put in at the same time as the vent shaft and haul shaft, which in turn will allow the secondary declines to be drilled sooner rather than later. If we went ahead with current plans the three parts of the mine would have had to have been constructed separately. The delays are important in the long term as it will increase productivity by a significant amount. A 1-2 month delay at this end will ultimately increase our sales at the other end.

    I'm not pumping it, I know how to read an announcement, and I know for a fact that today's news is exceptional and the 13% rise in heads and 24% rise in options is fully warranted.

    I believe you should learn to accept that management can do a thing or two right. You are so used to slamming the company that you don't know a good thing when you see it.
 
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