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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by ark88on Jan 25, 2012 3:20pm
331 Views
Post# 19448297

RE: RE: RE: RE: RE: RE: RE: RE: NOT PROFITABLE(rep

RE: RE: RE: RE: RE: RE: RE: RE: NOT PROFITABLE(rep

Furthermore, when they reach a run rate of 2.5 mty, they will be producing some 200k per month (April onwards). Now just think about that. As I recall from WTN, the inventory that they had at Ridley was around 250k and not sure of how much at the mine site. I would imagine that the figures would be similar with Corpus Christie. The bottom line is they need to start moving the coal to customers at this run rate or they would have to halt production due to lack of storage space, which means we should be hearing about sales contracts in the next month or so.

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