At this ratewe should see high 1's in a few weeks or sooner. Given the production delays all other announcements will be delayed such as coal contracts, long wall study, bank coverage, etc.
The permitting process is so cumbersome it hard to understand. The permits rec'd in Dec were just to extract the coal only. It now seems they are limited in the area where they can extract coal from.
What other permits are still required ? Can anyone who knows this answer ?
Next time you see nice "research reports" come out, expect a financing whereby the companies who did the research get the underwriting. I thought better controls where put on this nonsense after the dot com crash?