Brief: Prophecy Development's Mongolian Ulaan Ovoo Mine Achieved Monthly Coal Production Of 37,800 Tonnes In June
08/07/2019 21:49
July 8 (Reuters) - Prophecy Development Corp PCY.TO :
* PROPHECY DEVELOPMENT CORP - CO'S MONGOLIAN ULAAN OVOO
MINE
ACHIEVED MONTHLY COAL PRODUCTION OF 37,800 TONNES IN JUNE THIS
YEAR - SEC FILING
* PROPHECY DEVELOPMENT CORP - SUCCESSFULLY CONVERTED ITS
CHANDGANA KHAVTGAI COAL EXPLORATION LICENSE TO MINING LICENSE IN
CENTRAL MONGOLIA
* PROPHECY DEVELOPMENT CORP - ANTICIPATE STRONG 2019 SALES
WITH
SHIPMENTS TO MONGOLIA, RUSSIA, AND POTENTIALLY CHINA BY RAIL
* PROPHECY DEVELOPMENT - BARRING ANY UNFORESEEN
CIRCUMSTANCE,
SEES MONGOLIA OPERATION TO BECOME NET CASHFLOW POSITIVE FOR REST
OF 2019
Source text (https://bit.ly/32jXIRV)
Further company coverage: PCY.TO
((Reuters.Briefs@thomsonreuters.com;))
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