Nov 20 (Reuters) - Wollongong Coal Ltd (WLC) :
- COMPANY CONTINUES OPERATING WITHIN A STRICT BUDGET AND COST-CONTROLLED REGIME
- DIRECTORS BELIEVE CONSOLIDATED ENTITY WOULD BE ABLE TO PUT ITS LIQUIDITY TROUBLES BEHIND IT
- WOLLONGONG COAL - DIRECTORS CONSIDER CONSOLIDATED ENTITY TO BE A GOING CONCERN AND WILL BE ABLE TO MEET ITS DEBTS AND OBLIGATIONS AS THEY FALL DUE
- HY REVENUE $34.4 MILLION VERSUS $20.2 MILLION
- NET LOSS FOR HALF YEAR ATTRIBUTABLE $57.6 MILLION VERSUS LOSS OF $23.7 MILLION