Yea halleluia !I see that the share price on the NZX is up today...

Yea halleluia !

I see that the share price on the NZX is up today on the basis of that news.

Obviously the most important detail is in those two last paragraphs in that report DC.

"Mr Ward says Pike River Coal, with all its key infrastructure in place, is on schedule to send its first export shipment of 60,000 tonnes to Japan in the July-September quarter of this year.

The mine is expected to reach its full production rate in the final October-December quarter of this year when roadways in the coal seam have been opened up by the heavy cutting machines to provide access for high pressure water cannons to start blasting coal out of the seam at the rate of up to 2,000 tonnes a day. "

All systems go from now we hope !