I am keeping mine. What I am saying is that price speculation may be way off target, so you should not take anyone serious when the talk about 5p + in a couple of weeks/months. If you want to put the crown jewels on this share it is up to you.
It may happen if EDL is very very very lucky, but I for one would not count on it this side of summer.
How do we not know that contracts will be paid quarterly ? Then it will be q3before we see any cash? We have no idea about the quantity we are supplying? It might cost us to produce 5k tons per month But we could 10k a month might be profitable Those a amounts were pure speculation and just used as an example I plucked them out of thin air We have no details at this stage
That's from the RNS. They aim to be cash positive this Q. The thing is the potential customers that have taken coal have been in tow for many months so we don't know what has been organised around these potential contract of which there're expected to be several.
I very much doubt we will be cash positive this quarter We have plant to pay for...... Possibly hired/bought We still need to develop the mine Have no details about potential sales I am positive here But I just think a few here are getting a bit ahead of themselves
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