CEY 0.00% $6.16 centennial coal company limited

Izalokar,I will tell you somethings that weren't mentioned at...

  1. 98 Posts.
    Izalokar,
    I will tell you somethings that weren't mentioned at the agm. One of those being oxygen levels at Newstan are rising again in the seal areas so the problems that caused the withdrawal of men over the last month have not gone away and second UBS are correct in the assumptions regarding production. At present the longwall is moving at around 5 mtrs a week as a opposed to regular production levels of around 65. The face has been stuck since Aug 16 with another 3- 5 weeks of this bad going total lost production will be around 1.4 million as a best case but could go higher. As to who are the sellers quite a lot are employees tied up with the problem mines, mind you they got on at $1.55 so they are still in front.
 
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