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I don't expect a RNS regarding the commencement of production next week but I do expect a RNS to say that coal has started to ship
I do remember something about that...... had a quick look back in the RNSs, it looks like the Aug19 one here https://www.lse.co.uk/rns/EDL/edenville-energy-plc-project-update--rfc6qxxnjhadsut.html
discusses the 2 trucks we purchased for onsite hauling and loading, and these were to replace contractors trucks wheich i assume were on some sort of lease basis and proving too costly.
Seems strange???
EDL bought their own fleet of trucks did they not????
Correct, pretty much what they said in the RNS, expect shipments to resume next week as long as customers can sort trucks, or somethign like that i think.
offloading the trucks responsibility to the buyers makes life a lot easier for us i think.
don't expect an RNS next week when production starts, perhaps if it's delayed then i'd expect one, again, if produced an not collected i'd not expect an RNS as the customer has pre-paid, and we'd have delivered on our part of the bargain.
i'd expect it to be mentioned in the RNS expected early september regarding the ILTL commencement of operations, provided they can get everything mobilised and in place in time in this covid affected time, and if they can't then mentioning coal shipping as expected would put a positive spin to the RNS
The mine is open, but I don't believe they are producing, I believe they are getting the site ready, clearing up after the floods and getting ready to hand over. The coal that ships next week will come from stock piles. I don't expect any massive output figures for August.
hahahahahha LOL
despite seeming to go well this morning, the SP does seem a little suppressed right now, dropping back to opening price pretty quickly is a little disappointing, had hoped to sustain that rise through lunchtime at least
....six filtered messages in a row!!!