CCC 0.00% 0.1¢ continental coal limited

vaalbank to be fastracked, page-9

  1. 5,277 Posts.
    The crazy thing is that the announcement about the 20 year EDF agreement states that first exports from Vaalbank are due to take place in the first half of 2011!

    3 months after this Conti presented what I previously about the possibility of fastracking Vaalbank. So obviously Conti are talking about bring forward the target date to supply EDF.

    So does this mean that we're not even going to have to wait until the end of H1 2011 for income from Vaalbank? Could we even be seeing Vaalbank exports by the end of March?

    With a mining right due for Project X next month, and a BFS for big momma De Wittekrans in H1 2011 (with development soon after), I just cannot see anything but gap up after gap up.
 
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