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Compliance Energy Corp CPYCF

Compliance Energy Corp Is a Canada-based exploration and development company. The company is engaged in the exploration and development of resource properties. The firm is an exploration and development company working on resource properties it has staked or acquired, principally on Vancouver Island. It has interest in Comox Joint Venture (CJV), which holds the Raven Underground Coal Mining Project (Raven Project).


GREY:CPYCF - Post by User

Comment by coalbadon Jul 11, 2012 5:46pm
114 Views
Post# 20104455

RE: RE: Raven Met coal spin

RE: RE: Raven Met coal spin

Hey 2guys, do the math. The 88% you quote is of the wash plant yield (44%) not the run of mine coal (ROM). So.... you take 88% of the 44% and you get...... 38.7% met coal and 12% of 44% gives you 5.2%. It's not that complicated.  Like I said before, 44% of the ROM will be a saleable product and 56% of the ROM will be GARBAGE reject rock left on the surface. 

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