The Bankable Feasibility Study for the De Wittekrans Project, which is based on the development of a conventional opencast and underground mine targeting production of 3.6 ? 4.0Mtpa ROM coal over an initial 30 year mine life is scheduled to be completed by the end of June 2010. Subsequent development of the Knapdaar, Project X and Vaalbank Projects are proposed and are forecast to increase production from the De Wittekrans Complex to between 6 and 7 Mtpa ROM production.
Should that read 2011?
CCC Price at posting:
59.0¢ Sentiment: Hold Disclosure: Held