RE: Aerial1 Jan 2019 14:53
brightspark - I'm ever hopeful and optimistic as in life
Research, opportunity and the current SP were all factors in my recent trades
On reflection with regards to my lack of interest in the long term fortunes as a Coal Miner other than the interim revenues. Irrespective of the tonnage or anything else, EVEN MORE IMPORTANT is the fact that we have a
'Fully Licensed Producing Coal Mine'
Which places Edenville in a UNIQUE position when it comes to the RCPP, and hopefully in the eyes of the TGov/MEM, the eyes that are likely to be paramount.
It is important that revenues cover current expenditure, but equally, if not MORE IMPORTANT again is the fact that 'Products of Coal' are required to make Cement, possibly the Cement that will build the Power Plant. Coal is the ENERGY to DRIVE the turbines.
We have a 173 mt of KNOWN Coal, AND with the possible addition of finds within our other three Active PL's and the single PL Application areas totalling 91.46 Sq. Km. (35.3 Square miles) I would guess there is still a whole lot more Coal waiting to be found!