RE: RE: NEWS is OUT(reply2)...Eigen337......I don't assume to know more than any other person on this board. My point is before they use any money from the lossan sale, or the unused CL is for long wall. It is IMO that they have other more pressing production, capital and infrustructure issues to deal with before that.
1 - Final 46 million in capital expenditures (non-long wall equipment)
2 - Infrastruture rail-load-out
3 - Buffer to fund operations until production can pay the rent on it's own
4 - Cash on the balance sheet to weather a major liqudity issue globally in 2012...heaven forbid we see Europe bank defaults
But I agree long wall is in their plan and went a little over the edge on that part of my piece, as I am frustrated with not getting the basics right now from mangement......!
Cheers,
COOP....