Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
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Seems Norrab1 has been getting his information from big larry !! :)
Sausage
The Geographical Surveys and Feasibility Studies were being carried out before Rufus Short joined the company in 2013. At that time Sally Schofiels was Non-Executive Chairman and Simon Rollason was credited on the 5th March 2013 as being instrumental in building Edenville into a company with a JORC resource of over 39m tonnes of coal.
On the 5th November 2014 a JORC-compliant, Measured and Indicated Resource of 170 million tonnes of in-situ coal at its Rukwa Coal Project.
So Rufus Short wasn't at Edenville when the Surveys and Studies were started prior to 2012 by Simon Rollason and Sally Schofield, although he was there when the announcement was made...
Perhaps Norrab1 thinks being alive at the time counts!.??? lol
Yes Sausage, it was on the watch of RS no "ifs or buts".
Sausage
I don't understand your point?. Simon Rollason was succeeded by Sally Schofield in 2010. Sally was with the company until around April 2016, so I'd say all the groundwork was done on her watch.
All imo pdyor
I understand that, but was it on Rufus's watch?
Sausage
RS didn't tell us about the amount of coal. It was after 2 years of further geological and feasibility studies, drilling etc between 2012/14.
*After extensive work and significant investment developing its Rukwa Coal Project in Western Tanzania, the past 2 years have seen Edenville Energy ('the Company'), achieve the following project milestones: Reported a JORC-compliant, Measured and Indicated Resource of 170 million tonnes of in-situ coal at its Rukwa Coal Project of a quality suitable, after washing, for a Clean Coal Thermal Power Plant.
Was it Rufus that told us it was 173 million tonnes?
Does seem strange that they picked the smaller area with low quality coal to mine first, then decide to move it all. I'm pretty sure the next RNS or two will say its been moved but they need three months to tinker with it to make it work properly. There is always an excuse why they can't get the output higher.
I'm still expecting a second washer crusher to be purchased.
Who got the jitters here this a a 173 million tons of coal site so they started in the wrong corner for the rainy season. Or has it disappeared completely ???.
It was confirmed that it had over a 173 Million Tons by the drilling’s and tests in the area, or has it turned to oil or water.