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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by oxinoson Mar 04, 2012 9:36am
441 Views
Post# 19623691

RE: RE: RE: What are those 340 coal miners doing?

RE: RE: RE: What are those 340 coal miners doing?

Where do you get this information from? What I read is the following which I quote from the Feb. 29, 2012 , (Re: Annual Financial results for the Year 2011)

"The ten continuous mining machines will be organized into operating walk-through supersections comprising two continuous miners per supersection, for a total of five operating supersections. Each supersection has a production capacity of 600,000 tons of clean saleable coal annually and the full deployment of five supersections will therefore have a production capacity of 3,000,000 tons of clean coal per year. Total saleable clean coal production in 2012 is now projected at 1.7 million tons of saleable clean coal, reduced from the previous estimate of 2.5 million tons as a result of not unusual start-up complications in the plant and the mine, now substantially overcome, and unanticipated delays in regulatory approvals, now fully received.
Coal production guidance from time to time is always subject to unforeseen start-up and other unexpected delays."

A total of five supersections and 2 continuous miners per supersection. That makes for 10 continuous miners for the 5 supersections. 

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