5sf4b500,000 tons of production in 2009.Some of you guys are posting cline will produce 500,000 tons of coal in 2009. I think this is wrong.
From the news release:
"The management plan is to recommence initial coal production in 2009 at the annual rate of 500,000 tons of coal following the completion of phase 1 in early May 2009."
The key words are "at the annual rate". A June 1st startup equates to 7 months production or approximately 292,000 tons.