Member Info for Diggerman

I don't think there's been any Jam this year yet but hopefully things will start next month!

I alwasy said they needed significant investment to make this work. If they spend it wisely then it could.

Some good news at last.

Hopefully it will be invested into the project in equipment to start making a positive return. , not servicing the loan and paying the directors!!!

I could but I won't :)
You wouldn't like what I would say!!!

Everything is in the public domain if you look. Truck numbers, stripping ratio, plant yield, and estimate availability.
I tried to send the calculation but got moderated!!!
Current capability is around 1,500 t of washed coal an month.

We have a difference in assessment of their means then.

I would expect to see a significant cash raise before any further RNS. Need to get some positive news and the only way is through additional equipment, local debts paid and to get the project restarted.
Not being negative, being realistic!

Let me say my realistic production forecast assumed they actually put fuel in the machines and ran them!!!!

If the first wasn't paid for I may soon be the only digger on site!!!

I should have started by saying 'it is alleged'!!!

Maybe I do know more than most

I could add 'I told you so' but I was shot down in flames!!!

Second excavator has been taken back because it wasn't paid for, no fuel to operate, site staff not paid, limited overburden stripped, site flooded because they don't have pumps.

I won't go through the numbers again, I did that last time!!!

Fortune favours the brave .....maybe!

I'm just sharing an opinion.
Their target is possible if changes are made.

6,000t is impossible at the moment - fact
With a investment in the mining fleet/wash plant and 24 hour running it would be possible at some point in the future, maybe June 2020.

500t is actually 1/20th of 10,000t that should be being produced now.

I believe the 500t is easily sustainable and with a good run 1,200t/month on a single shift or 2,200 on 2 shifts. It would be hard to go much above this, the project doesn't have enough equipment, when the stripping ratio is considered, to mine faster.

Calculation based on
2 trucks, 3 loads a hour, 20t payload = 120t/hr movement
5:1 stripping ratio = 20t coal 100t waste
9 hours running a day (2 shifts are not confirmed), 22 running days a month = 180t/day coal = 3960/month
50% fine rejects and 25% washed rejects. 2000t to wash, 1500t washed coal.
Add in downtime for breakdown/weather/lack of fuel and 1,200t would be a good estimate. If 2 shifts this could increase by 90%

It looks like I was a little optimistic with my predictions and no one believed me!!!
Going forward .... much the same for now

The only thing missing from the calculation is stripping ratio. It is usual in a mine to move 4 to 5 time more waste than product. In this case your profit would be around 20% of your calculation. This also assumes a perfect world without delays,

Gwynwin,
30t gross gives a 18 - 20t payload.

I would say closer to 20t on the truck, coal is relatively low density, usually around 1t/m3 and the body on the truck (from the manufactures website) is 16m3

I looks like a combination of videos over the last 2 or 3 years. Once section it shows the Scottish engineer who came with the wash plant, he left over a year ago. The only new video are the Tata trucks and the pre screener.