yaaayyy for the day, page-37

quart report CEY reporting fairly good figures for output, but l am still concerned over Newstan, although they claim that problems are now fixed - contrary to advice from Roidz. here is quote:
Newstan (100% interest)
The longwall production difficulties experienced by Newstan during the quarter have been previously announced.
Importantly the announcement of 29 November advised that Newstan had successfully mined through the
complex fault zone encountered in the middle of LW22 and would shortly be back to normal production following
a brief maintenance shutdown. In addition to the faulted zone, the mine experienced an unstable atmosphere in
a sealed area of the mine on several occasions, hampering mining through the fault and a return to normal
production. With the installation of a nitrogen injection plant on site, Centennial believes that this problem is now
under control.
A return to normal production was achieved in early December.
With Newstan back in normal production and, combined with improved development performance during the
quarter, the mine should be back on track for the remainder of the 2006 financial year. (A longwall changeover,
including the installation of a new higher-powered armoured face conveyor, is scheduled for April / May 2006.)
Tahmoor output up to 640 kton and looking good for 2 Mt output for year, but contract prices still disappointing. CEY price has risen on announcement, but they are not showing cost blowouts and that would be my main concern - figures out on 20 Feb