Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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...can the share price hold with another month of silence?
"Expected, positive sentiment, potential, up to, further testing, continue to pursue, continue to pursue additional supply opportunities, continues to review"......
Perhaps if the BoD gave us something more tangible and concrete in our RNS updates the market might start to recognise it in our share price.
The question is, what have we actually achieved in H1 this year? Not long to find out. GLA
"expects to sell"
There you have it, the woolly suggestions continue.
Always a possible if or maybe. :-(
The teaser there is,"without including further orders''
We can only wait to see.
Esquimo from the update
"For the next month the Company expects to sell a total of approximately 2,000 tonnes of washed coal, with sales increasing towards 3,000 tonnes a month over the next few months"
So looking like handover is a long time away.
Max to find out what our output has been and the order book level.
Good or bad this BB will liven up then.
I guess what I'm saying is that even when they were mining the southern area, they got coal out of the ground and produced fines.
What Edenville have never (or at least publicly acknowledged) been able to do is get coal out and process it in large quantities, say over 5,000 tonnes a month.
They've heavily suggested contracts since 2017, they need to combine the two. If customers believe, can see Edenville can get enough coal proceessed they will sign I'm sure.
Edenville may have started to get coal out of the ground, but can they get 10,000 tonnes a month out, processed and sold? Or however much they need to satisfy all these orders that are suggested since 2017.
You can wonder no more.
I'm enjoying the weekend already, have a good one all
SOS, I wondered how long it would take for you to give your uplifting comment, I think you will find that the coal is being mined as we speak.
Enjoy your weekend I know I will!
"EDL can get the coal out of the ground and they are going to prove it."
I'd prefer to read have got coal and are proving
It's jam until it's sold
EDL can get the coal out of the ground and they are going to prove it.
EDL's mistake was mining a non commercial area, which begs the Q why after the drilling and testing.
The forecast income they expected in 2018 never materialised, what cash they had was wasted digging up mudstone and stock piling fines, which they are now selling.
It was a mistake which they are putting right by mining
The new northern area hence the local and international interest in their coal plus the original reason for the development of Rukwa, the CFPP.
Where ILTL fit in now remains to be seen but before the pandemic they were keen enough to run the mine with
the intention of exporting Rukwa's coal there's been no reason as yet put forward that they have changed their minds, why would they with the current demand for coal?
Have a good BH all.
That is a possibility, but only if Edenville can change a habit of a lifetime of being S. H. I. T. at getting coal out of the ground and selling it.
In the RNS it talks of orders, but so far what has been our maximum monthly output. Actual output as opposed to the ol' jam of if orders are placed monthly output is expected, maybe, probably, could be, might be a lot per month.
None of this takes away Edenville's historically useless ability to get coal out the ground and sell it.
We said it time and time again, next month is crucial. Remember, they said things would happen in July and told us in August.
Feet on the ground but beginning to turn my head upwards
discussions with the Tanzanian Government on power station supply options planned for September 2021 if they’re thinking of blowing out ILTL ?. …
If the interims can be at anytime in September then bet your bottom $ it will be on the last trading day of September. It appears to me that Edenville are never in a rush to tell investors news, they appear to bunch it up into one RNS
The interims, which could turn up anytime from the middle of Sept. could be the next build up on the SP.
At least it will be an expected update.
We should know then the status of any expected contracts plus what the coal production really is.
Not to forget the discussions on supplying the
CFPP.
Imports of both coking and thermal coal from Russia have jumped, too, as Moscow aims to expand its market share in Asia. Already, Russia is ramping up coal production and pouring billions of dollars into upgrading railroads to transport coal to its ports in the far east.
China’s goal of being carbon-neutral by 2060 means it will eventually be forced to cut its coal habit. But as a senior official at the Chinese state planning agency put it, the country currently has “no other choice” but to rely on coal as a reliable power source. Meanwhile, China’s ban on Australian coal may last “much longer” (paywall) than initially expected, according to energy consultancy Wood Mackenzie, while Goldman Sachs reckons the ban may even stay in place for years.
Until other sources of energy, including renewables, comprise greater shares of the country’s total energy consumption, China will remain a major importer of coal—and any trade disruptions it causes will ripple throughout the global coal industry.
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Lol. Typos galore.
But seriously…
That does appear to be a buy. And a trade that is almost larger than all the trades combined in the past month, or so.
So, I’m happy with that.
And if was a sell… well we haven’t tanked, so sits not inside knowledge.
AIMHFO.
The F was for Friday and 8 pints of Stella. I wish.
GLA. We do sports to be making steps in the right direction. Finally.
Tenants Extra?
Sandal, what you wrote is gobbledegook??!?
That 90k got lot hands in the pie...bet ti's the same one from other day.
A second £90k at the higher price. …