I can't recall a mining project that has not experienced delays....

I can't recall a mining project that has not experienced delays. Management can only set targets and then try to hit them. If there is a moderate amount of slippage, I don't think that reflects on management integrity. This is a complex and unpredictable business. I don't think people should be holding the stock because it is going into production "in September", but rather it is going into production very soon (ie in coming months). The stock is very cheap and you will be rewarded. For those after short term trading gains, I wouldn't recommend coal developers, it is a frustrating business form that point of view.