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Shows the strength of LT holders and the fragility’s of traders. Those who know & have done their research are only too aware this is worth many many multiples. Very happy indeed with my £28,000
...also, someone clearly didn't want us to see blue today.
Thanks for trying for us, though...!
T
Aerial - He asked! :)
Teaye72
I don't think you are helping him giving updates, it sort of defeats his objective.
All imo pdyor
not a lot going on today...
I decided some time ago that I was fully loaded here, but under the current circumstances a few more pounds seemed the way to go !!
irwwtboototw!
All imo pdyor
Aerial - just proves that no good deed goes unpunished!
Well done on making the right decision.
(For Sausage's benefit... Aerial was just weighing up topping up).
T
Ha +5.88% and showing as a sell
I should say (hopefully) being filled as the trade was accepted and went through at market. Will have to check later as I'm off out.
8m pending !!
Teaye72
I'm doing other trades and currently having problems with a fill or kill at ii, currently on hold..
Aerial - re finger on the button. No need for us to tell you what to do... ;)
Besides, we could do with some blue!
T
AM not AS
JohnZ
I would imagine they mine all year round, but don't know for sure. Perhaps an e-mail to AS or Tim as it's a plan enough question.
All imo pdyor
Aerial - does the 6K break even target stand if EDL only mine during the dry period, or does it cover a 12 month period?
I cannot imaging it is not the 12 month period. So mining during the wet season is critical to break even.
JohnZ
We know if they get started soon they should have a 4 month dry run, and hopefully with the oversight of the new NED they will have been planning their future strategies very seriously.
I have a 8m order poised, just not quite decided whether or when to press the button.
All imo pdyor
Edl will need to plan how they will mine in the wet season???
Or are EDL only going to be a fair weather mines???
JMT
The Tanzanian 'long dry season' lasts from late June until mid-October. During this time, rainfall is uncommon, while clear skies and plenty of sunshine are to be expected..
So could be any day now subject to easing of restrictions !
All imo pdyor
That was on 19 Dec 2019 hopefully they have it lost out because of downtime and rainy season causing a stoppage. The contracts may not have started or they had enough to keep he supply until the work begins again.
With the last RNS when Edl had signed up to 9 thousand ton of coal with this new partner and another 3 thousand tons a month.
With a 6 thousand break even then that would make another 6 thousand with profits, this could be a very nice little earner hopefully the company will improve
Sooner than later when the production starts and the parts and washer keeps running the new partner delivers and profits alongside EDL.