Pike River Coal Limited (NZE:PRC) Half Year Results Reflect Pre-Production Status Of Coking Coal Mine

  Auckland, New Zealand, Feb 27, 2009 - (ABN Newswire) - Pike River Coal Limited (NZE:PRC) reports a net deficit of NZ & #36;9,551,000 for the six months ended 31 December 2008. The result reflects the pre-production status of the Pike River premium hard quality coking coal mine and the effect of the significant decline in the New Zealand dollar exchange rate relative to the United States dollar, on the convertible bonds held by Liberty Harbor.  

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