Fortbridge Media ReleaseCelsius Coal Ltd. [ASX:CLA] - Company Interview. Strong Outlook for 2014Highlights:
Aims to update 255Mt Resource & soon complete laboratory testing.
Recaps a successful 2013 with saleable production planned for 2015.
CLAs Uzgen coal has a pricing and infrastructure advantage over other coals.
Both Kargasha & Kokkia sides of deposit are delivering exciting exploration results.
Aim to define an initial 10-20Mt area for first mining; will release details of production volumes in the current program and then expect to build into a significant project.
2013-2014 mine planning to commence when complete resource modelling work.
Will initially be quite a profitable operation and then increase from there.
Very strong investment case for shareholders in 2014 as it de-risks Uzgen project.
Celsius Coal Limited (ASX: CLA) provides information on the companys outlook for 2014 and a recap of a successful 2013.
Please refer to the attachment to view the full announcement and interview with Chairman Alex Molyneux.
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