Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Came from Fergussons at Hunterston when they went bust
Well diggieboy??????
I guess you know the name of the seller also?
Where did you find that info diggieboy
Well Nobi I guess you are wrong as well or should I say again!
Most think your posting skills are clearly embarrassing to say the least.
The wash plant came from the West Coast of Scotland. The engineer who ran it there (now left) came with it.
Agree with Larry here, the organisational skills of the management are clearly embarrassing.
Magazine smile has his facts wrong again!
Only the engineer ( if still contracted ) is from Scotland.
And only laughing boy could make that up------- what a villager!!
Exdragon - yep, I’m quite surprised the trucks weren’t shipped from Scotland to be honest, like the washer. It really is like watching someone doing their first DIY project. Like “oh maybe an electric screwdriver would help with all those screws.” And then “oh we’re going to need some driver bits for that screw driver.” And then, “maybe if we get another battery for the screwdriver, we can do more screwing without having long breaks in between for charging.” And then “oh this screwdriver is not powerful enough, we best get another one.” Etc etc except with a coal mine in Tanzania. Is it any wonder the government don’t trust them with a power station?
The RNS dated 21 Aug 2019 came out of the blue and represented another unbelievable instance of an incompetent BOD and staff totally out of their depth in quarrying and coal production.
This advised that "Edenville Energy Plc (AIM: EDL), the AIM quoted company developing the Rukwa coal project in southwest Tanzania, is pleased to announce it has taken delivery of two recently acquired 30 tonne trucks to be used in mining load and haul at its Rukwa Coal Project (the "Project") site." Utilising a modest part of the proceeds from the fund raising undertaken in May 2019, the trucks will provide the backbone of load and haul operations at the Project. As the Project expands the trucks may be supplemented with additional units. The Company has previously been relying on trucks supplied by contractors, which in the past have sometimes proved to be both an expensive and inefficient option. The two new trucks will operate on a two shift per day basis, compared to the single shift for the previous contractor's trucks, increasing the amount of coal that can be delivered to the Company's wash plant. As a result, the wash plant is expected to move to a double shift basis in the coming weeks, thereby boosting productivity at the Project.
Previous RNS's from 14 Jan '19 to 13 June '19 gave no indication that company haul trucks were necessary with EDL relying on trucks supplied by contractors as noted in the RNS Number: 8910Y on 14 Jan 2019 "As stated in the announcements made on 6 Nov 2018, 17 Dec 2018 and 20 Dec 2018, the net proceeds of the US$750,000 Initial Loan from Lind are being used by the Company for a number of purposes. This includes the purchase of a second excavator to open up the new mining area to the north of the current excavations. The Company is pleased to confirm that this second excavator has now been acquired and together with the existing excavator and four additional hired haul trucks, is in operation at the Company's Project site. These vehicles are currently all being employed to increase the amount of material being mined from the existing pit, but the newly acquired second excavator and associated haul trucks will shortly move to the new northern mining area to begin opening this up. The mobile in-pit lighting to allow 24 hour per day operation in the existing pit has been installed, further increasing the Company's mining capacity".
The 14 Jan '19 RNS had noted that the requirement for extra trucks was being handled by the four (4) additional trucks with no mention of a need for company purchased haul trucks NOR was it advised in the RNS dated 14 May 2019 NOR in the RNS dated 13 June 2019 which advised that the first coal deliveries to the plant from the Northern Area were scheduled for July 2019.
PS No production figures given post the plant upgrade etc; let's hope the board surprise us.