CEY 0.00% $6.16 centennial coal company limited

what next , page-2

  1. 98 Posts.
    bc, there will be no good news from CEY in the future. I game home from Newstan this morning after seeing drillers bore 6 mtrs plus in front of the longwall face and not find any coal just stone. There are cavities above the roof support bigger than St mary's cathedral, it would be as bad if not worse than the conditions that we hit last year. we spent 2 million over the weekend on cavity filler and extra support. It basically has deteriorated dramatically since the last activity report. Cameron is due for a site visit today to make a decision if the company can afford to keep pumping the money into the hole and risk diminishing the small profit they were going to make further. Also Mandalong is in dispute with management and have a go slow on. It just keeps getting better. LOL! Cheers Roidz
 
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