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sausage with how this news is going it just might get them fish and chips all round for Friday
5,985 wow they held for 2 mins
803 tonnes in December... dear lord... well good news that someone else is now in charge of the washer.
lets hope the new bosses get more work out of the same workers and machinery.
They cant be good Sausage why no results.
silence speaks for its self
https://www.worldweatheronline.com/sumbawanga-weather/rukwa/tz.aspx
sausage i pasted it there a few year ago to save it
27th April
The Company is currently operating at up to 4,000 tonnes of coal per month and will used these funds to increase production rates in order to fulfil current and potential orders. The balance of the net Placing proceeds will be used for general working capital purposes.
10,000, 10,000, 10,000 oh no
Sausageonstick
Posts: 6,576
Observation
Opinion: Strong Sell
Price: 0.36
It still boils my p1ss.....Today 16:33...when I read the RNSs
9th October 2017
The wash plant is now processing material to fulfil requests for coal that have already been made. Management expects production levels to increase over the coming months and are currently targeting production of at least 10,000 tonnes per month by January 2018. A range of sizes of washed coal will be produced to allow the product to meet specific end user requirements.
"We look forward to providing futher updates on the progress of the project in the coming weeks, including with regard to coal sales and contracts."
10th October
The Company recently started treating coal through its wash plant and once up to full production, currently anticipated to be in January 2018, and utilising the current plant and equipment levels, the Company anticipates production volumes of at least 10,000 tonnes of coal per month.
23 November
These initial, "test shipments", currently totalling over 1,000 tonnes, are to parties that have expressed interest in placing long-term coal orders with the Company, subject to finalising pricing and quality, that in total could exceed the initial planned output of 10,000 tonnes per month, which is targeted to be achieved by the end of January 2018.
31 January 2018
To help fulfil the demand for coal we are experiencing and to potentially increase the amount of unprocessed coal the Company can sell, the Company has taken the decision to also start mining the Namwele deposit. Namwele, which sits to the south of the Mkomolo deposit, will be mined by our Tanzanian partner, Upendo Group Ltd ("Upendo"). Upendo has already started clearing the overburden and we expect the first Namwele coal to be mined before the end of Q1 2018.
Processing plant
The Company's wash plant and associated equipment is currently running at a throughput of 30 to 40 tonnes per hour, operating six days a week for 8 to 10 hours a day. Edenville is therefore in a position to process 8,000 to 10,000 tonnes of mined material per month.
supply contracts may take, but we are confident that once logistical issues are resolved long term contracts can be entered into and further updates will be provided as appropriate.
27th February
Importantly, the Company believes it has now found solutions to the recent logistical challenges with transporting mined coal, as detailed in the announcement on 31 January 2018, and now has several transport options available at competitive market prices and with no current requirement for capital expenditure by Edenville.
Then once the money has been raised and investors locked in..........................
Sausage I saved a post of yours in premium chat a few years ago its still at the top page as no one posts.
I'll get it.