At present, we are about 6-9 months behind schedule, which isn't too bad. By that I mean, getting to the coal.
4/8/2010 - Continental to commence immediate development of the acquired and fully permitted Penumbra underground project into a 500,000tpa export thermal operation.
First forecast production 2011
16/9/2010 - Development to commence in December 2010 quarter
20/12/2010 - Portal development to commence in February 2011, following mobilisation of contractor. First coal from Penumbra underground mine is expected from Q4 2011
I'd list more, but this announcement dated 20/12/2010 mentions first coal in Q4 2011. That deadline would have been 31/12/2011. We're looking at Q3 2012 for first coal.
- Forums
- ASX - By Stock
- ccc is way under valued
At present, we are about 6-9 months behind schedule, which isn't...
-
- There are more pages in this discussion • 97 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)