CCC 0.00% 0.1¢ continental coal limited

At present, we are about 6-9 months behind schedule, which isn't...

  1. dtr
    502 Posts.
    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.
 
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