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Huh? You mentioned 93% didn't have access to electricity but now you are talking about coal being in demand.
Don't get coal and electricity mixed up!!!! You'll be going into your local white goods retailer asking for a coal powered dishwasher.
How broken is this site today????
Ok so I'll give you a clear answer in a vain bid that you give a clear honest answer, rather than just banging out the same positive tosh which we can all see through.
BoD changes.
Rufus going is, in my opinion, a very very good thing. (Agree) Alistair started well, but announcing a mine hand over, then saying there was a 60 day hand over people was wrong. Tell us the facts upfront, not suggest something and tell us later there's essentially a get out of jail card. With regards Nick Von Schirnding, I think that is very positive addition. (Agree)
Operational changes
So we have bought a partner in to run the mine but the big question is how much do we get per ton for being a backseat driver as it were. ( Much better model for us, we can concentrate on sales, I believe there is huge demand and have answered this later)
Priced to fail
I've answered this one but will say that all you need to do is look at the share price when Rufus join the company and the share price on Rufus left the company and all that went on while refills was in charge ie consolidation. (LTH have a right to be annoyed but I'm in it for the turnaround. Its a different proposition from my seat. Same as UFO, LTH were furious at 0.07, placing after placing, new management and the rest is history, can it happen here, yes imo)
175 MN tonnes of coal
Yes you are right 175 million tonnes of coal, but surely you're not going to say that every last nugget of coal is usable?( Agree with you )
Demand for coal
Yes there is demand but I've never said huge demand and I'll stand by by that statement. (Only 24% of Urban areas have access to electricity/ 7% rural, I would say the demand is not the issue)
******** Demand is different to how many people don't have access. Are you saying that EVERY single person in the 93% of rural dwellers will demand, because no one will believe that. You need to be clear when talking about demand, as opposed to the %age that don't have access********
Mine hand over
This is one of the two fundamental things we need to get right. It needs to happen before the 1st of November and certainly before the rainy season arrives. (Agree, its not idea that its been delayed but it does not change why I invested, TIA, comes with a risk)
$580,000 by the end of November
This is the second thing that needs to be put right. We will not go anywhere if the market is unsure if we have the financial viability to be around in 2 months 3-months 6 months a year. (We feel it is within our gift to pay in shares, this will end up in court & take years to sort out, or we will come to an agreement)
************** So where is the money coming from because we don't sell enough to go it alone? Edenville will be paying interest and diluting for years to come if they can sort this out *********
Little change of that..
WAIT A MINUTE!!!!!! Does that mean we are all going to be posting IN AGREEMENT with each other all the time????
That's NOT what I signed up for....
LOL.
:)))
I’m so pleased! :))
Looks like we are in complete agreement Mr N
Indeeds sos sell>buy ratio = infinity
All red trades today (becareful and read what I said not what you think I said)
Mr N I've answered you, you dance around actually answering my questions, but when you you refuse to give an objective answer, your mask begins to slip ( you see we can all use that phrase)
I guess the share price has someone sat on it squashing it downwards
Just like the springs on my sofa coiled and ready to go and spring up on release
This week more info on the way patience is required.
Indeed
Indeed
.