Member Info for Diggerman

That's $10/t sold
10,000t/month would generate around $40,000/month profit.

If 6,000t is required to break even and costs are around $60,000 then the operating profit margin is $10.
Happy to have my maths corrected

The trucks arrived yesterday evening ... hope they get busy soon
Over and out!!

I sent you the link of Furgussons in Hunterston that you said you didn't exist.
I told you where the wash plant came from, you don't believe me but you haven't got a better answer.
I'll update you when the trucks arrive on site tomorrow, currently around 250 miles away.
What more do you want?

Main, not mail!!!

Came from the mail plant a Hunterston, shut in 2016

https://www.heraldscotland.com/business_hq/14875464.fergusson-coal-goes-under-but-purchaser-moves-in/

Came from Fergussons at Hunterston when they went bust

The wash plant came from the West Coast of Scotland. The engineer who ran it there (now left) came with it.

Does anyone know the spec of the trucks EDL bought, all I know is they are Tata from India.

http://www.shacman.com/show.php?id=9534
If you look at the EDL website you'll see these
8 t front axle
2 x 16t rear axles
40t gross
Tare just over 12.37t
Payload 27.63t - on site

16m3

26 - 28t capacity

Let's be a little more blunt. EDL had 3 trucks and a dozer from a local contractor that worked well. The contractor pulled out after not being paid for months which left EDL with no production for around 4 months. They have now decided to buy 2 smaller trucks with around half the capacity of the contractor trucks and no dozer ... Do your own investigation!!!

I'll go quiet until the next RNS then be proved right!!!
Will update you on site progress then

I'd love to pm and tell you the truth Bigeye. Can't say too much here!!!

I'm still of the opinion, no news is bad news. If Rufus had anything positive to say he would be saying it. 1k a month at best including low value fines.
I'm sure Rufus will find a reason to blame the shareholders for not providing the capital .... again!!!

I'll go 750 washed and 1000 coal fines.

I'll believe it when it happens .. still very sceptical here, haven't seen anything to change my opinion. No updates since mining stopped due to lack of fuel months ago.

I'll believe it when it happens .. still very sceptical here, haven't seen anything to change my opinion. No updates since mining stopped due to lack of fuel months ago.