Member Info for Diggerman

Yes, plenty of coal and i have the photos.
I'm actually in some photos on the Edenville website!

Yes, plenty. Have the photos

You know how it is with edl, more talk than coal produced but i don't want to elaborate. Aerial would be upset.

I agree also, what profit will they make per t, $5 or maybe $10 i would guess with the contractor taking all the mining risk and doing the marketing. With edl wages and listing cost, which will be around $80 - 100k a month, actual profit comes at over 10,000t per month

Not yet, end of the month..... Maybe!!!

Someone who works for Edenville who keep messaging me for a job!!!

I spoke with some of the employees and they haven't been notified to return to site yet.

No sustaining capital to start.
I see they say 'up to' $1M. Another RS type statement, could be $1 and still be true.

230t processed = 43t sales
32,100t processed = 6000t sales
Mine stripping ratio between 3 and 5 waste to 1 coal
Monthly movement 100 - 150k per month
Assume 25 days a month gives 4 - 6000t per day.
Should be achievable with 2 excavators and 10 trucks. Let's wait for news about some mining equipment coming.

I actually go out and work, don't spend all my chatting here. Have a mine to run and we are not all on a uk time zonr!!

I actually go out and work, don't spend all my chatting here. Have a mine to run!!

I think any regular followers of Edenville will know that the majority of the RNS's produced by RS have been pushing the boundaries of the truth.
How many orders have been filled since 2018 using the combined production of Edenville and Upendo pits? How many 1000's of tons produced?
If Upendo was producing coal subsequent RNS's would have been full of positives but nothing has been mentioned!
Dyor

Not aware, just for clarification.
Fat finger syndrome ??

I'm now aware that he is, the deposit was previously worked with little planning and needs significant waste movement before the coal can be accessed again.
Namwele in included in the 173Mt Edenville estimate

Just looked, the mine you are looking at is namwele that is owned by the local partner, the Edenville mine is about 4 miles north and hasn't been updated yet

I think you'll find all discussions with sinohydro finished years ago, the chinese couldn't get a deal with the Tanzanian government. This should be considered a stand alone coal mine which with the right investment and management could work if someone is brave enough to stump up $5M. Like most small exploration companies that become mining companies, initial working capital and capex is seriously underestimate and without the change in management at the transition, the exploration mindset of no accountability continues. If the sinohydro deal had worked then things would have been very different. Management change would have happened.

https://www.voanews.com/covid-19-pandemic/tanzanian-president-declares-3-days-national-prayer-help-defeat-coronavirus

No lockdown, people can move freely.
A business that is about to break even for the first time wouldn't be stopping now!!

I expect they will plan to start in June after they have raised money.
I think covid 19 is a convenient excuse to stop, all other business in Tanzania are functioning normally for now... Could change going forward!

I guess if I was there I would be processing coal that is already mined but not mining due to a lack of fuel!

I told you all what was going on, got accused all sorts so should I start again?

I'll think about it, with the mindset here I'll probably have my account deleted, already on a warning!