Thought the system might have caught up with this announcement from last week but nobody has said anything and nothing has been posted so ....
Last week (8 January 2009) announcement released by PRC to the effect that ventilation shaft that was being cut by the raiseboring machine had been completed.
The actual boring had been achieved some time ahead of what had been expected. So now work would turn to completing the walls of the ventilation shaft etc.
Once the surface extraction fan is put into place during February then they will be able to get a second continuous miner into operation down at the coal face.
So positive news.
PRC Price at posting:
81.9¢ Sentiment: Hold Disclosure: Held
