Member Info for esquimo

In the next 7 trading days the interims will be posted, for me that Will be coupled with any update. EDL have a habit of posting results as late as possible, so, anytime between now and a week on Friday.
Hopefully we have coal going out of the gate in the predicted quantities.

If they fail to meet their targets this and next month it will just be a continuation of their 100% of failures.
Having topped up I believe that even the poorest / wildest shooter will in time hit the target.

In another month + a few days we should be producing a minimum 6k tonnes.

They had orders for 5k tonnes for August, now the target they have given is 4k tonnes by the middle of this month increasing to 6k tonnes by the middle of October, these are minimum targets reliant on repairs etc. to plant and machinery.
Interims due, which could be the intended date to release any update. The problem for the market and SP is EDL have yet to hit or get near any target, I think we all have our fingers crossed hoping that at last we have a management team that can actually achieve something.
The improvements will need to be considerable if the are going to have a reliable 6k tonnes pm through to the next long dry season.

Not 4k tonnes.

I've followed this company for over 10yrs but only a fairly recent holder, what an entry point this current SP is.
Once the efficiency, time saving cost effective ability of BLEEPA is realised the penny will certainly drop and to be fair FDBK deserve recognition for their product.

A short story.
A schoolboy comes home with his homework, he goes to his father who is working in the garden, he asks his father what is the difference between potentially and realistically.
His father says go into the house and ask your mother then your older sister if they would sleep with famous film star for a £1m, then come back with their answers.
Completing that task the boy returned to his father who asked what their reply was. The boy said that they both were excited and would jump at the chance.
The father said there you have your answer to your question, potentially we are sitting on 2 million quid, realistically, we are living with two slappers!
That story could explain EDL's performance over the years. LOL

Pilots are good if they end up with an income generating contract.

11.2 to buy, I can't see that continuing once we have confirmation that coal is going out of the gate.

Brahma will be expecting to increase production way past 6k tonnes per month if the modifications are a success.
The current washer does have that capacity with an increase in working hours.
By the time the interims are released we should know.

if the new excavator and additional trucks are operational then 4k is not a big target, what we need to know is have they been mobilised and are the modifications/repairs to the washer (ongoing) stopping the washer or are they carried out during stationary periods, all unknowns at the mo.

We should now be producing a minimum of 4k tonnes of washed coal this month rising to 6k tonnes in October.
Those figures are reliant on EDL's ability to fund operational costs and repairs/maintenance costs.
We should know this month how that's working out?
If all is well we should be cash flow positive by the end of October.
Let's hope this is the start of EDL becoming a reliable coal producer and we are clear of the historical failures!

A new month tomorrow, if the production targets are realistic we should have plenty to look forward to.
Interims, upgrades and production to increase to ensure a constant production to 6000 tonnes pm during the wet season, we shall see how much meat there is on that statement?
It's still a long way off the 2018 targets.

Reading the RNS they did say that any upgrades and repairs would be notified to the market, I suppose that could be any time. It is expected that the output will increase from 4k tonnes to 6k tonnes for the middle of October, if that is true there should be an ongoing increase in production depending on how the maintenance progresses.

m308, there's international prices and there's TZ prices, check the price that EDL is getting per tonne out of the gate, mainly because until proven different (which hopefully will soon be corrected) they have been a unreliable producer.

?29m sold and the bid still holds.

A 1k kms is a big difference to thousands of miles, and that was my point.
Tanga is also building a CFPS,

REALLY, I chose Tanga in reference to your 1000,s of miles but Tanga is being developed.
DRC,needs coal as do Rwanda and Burundi, if EDL ever get their act together they will be a supplier.

the distance from Mbeya to Tanga the northern port in Tanzania is 600miles about 15hrs of driving from Sumbawanga it is about 24 hours driving. lake Tanganyika has barging options to neighbouring countries.

Positive not no,predictive text.