Expanding the Mine6 Nov 2018 11:33
to meet production is clearly the current plan. The RCPP sits in limbo like ALL other power projects in TanZ (with the exception of hydro).
Edenville have a 'Producing Coal Mine' that requires expantion!,...so you'd guess that no one would expand a coal mine unless there was a significant need/requirement to do so?..
There are hundreds of Prospectors in TanZ, and to the best of my knowledge none if any, that have a good revenue stream, or are looking to expand to meet and increase to a required capacity and beyond for signed contracts..
The thing that is shit, and has been for years is the SP, but hopefully that eventually will recover.
At this moment in time Edenville have been shown to have the ability to raise a substantial loan, and will have had to prove they have the ability to repay it.
If the company can expand, pay the loan and cover Rufus's wages, then that is an achievement in itself. Anything else is a bonus while increasing the value of our asset in the process, AND should we win the Tender/Bid then this will transform the company and could open the door for many other scenarios. aimho