CCC continental coal limited

Why not focus on something that we do have and something that we...

  1. dtr
    502 Posts.
    Why not focus on something that we do have and something that we can develop.

    De Witt requires money from our existing mines plus Penumbra.

    We still await the BFS for De Witt, but looking over an old announcement we can find the following.

    Under the draft Bankable Feasibility Report, the De Wittekrans Coal Project is proposed to be developed as a conventional opencast and underground mine. Opencast mining is proposed initially at a rate of 100,000 tonnes per month over a five (5) year period. Underground development is proposed to commence in the second production year with access from a highwall.

    Opencast at 1.2mt per year and I think this is all domestic grade coal.
    I assume when they say Underground development will commence with access from a highwall, that this will be from an area that we've mined opencast.

 
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