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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by dreaddogson Aug 21, 2011 6:55am
457 Views
Post# 18964396

3 continous miners

3 continous minersthe company has three continous miners on site.  Each continuous miner can produce 250,000 tonnes of coal on site.....they have one producing another one in the mines being prepared and a third waiting to be brought down...

1 continuos miner prduces = 250,000 tonnes of coal a year (divided by ) 52 weeks = 4807 tonnes a week


therefore,

4807 tonnes (x) $170.00 per tonne for met coal = $817,190.00 (gross revenue)


any thoughts anyone??? am i doing this right? any feedback
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