Member Info for esquimo

3.14, the distance from Sumbawanga to Tanga is 900 miles by road about 20hrs driving.
It was the coal fired power station I was interested in, EDL did mention in a RNS, what seems like an age ago,
That they had interests for coal supply for another power station in TZ. Nothing but curiosity on my part.

The Sinoma cement plant couldn't be much further away from EDL in TZ, interesting the original plans included a 1200MW coal fired power station and as far as I'm aware that is still the case.

The teaser there is,"without including further orders''
We can only wait to see.

Max to find out what our output has been and the order book level.
Good or bad this BB will liven up then.

SOS, I wondered how long it would take for you to give your uplifting comment, I think you will find that the coal is being mined as we speak.
Enjoy your weekend I know I will!

EDL can get the coal out of the ground and they are going to prove it.
EDL's mistake was mining a non commercial area, which begs the Q why after the drilling and testing.
The forecast income they expected in 2018 never materialised, what cash they had was wasted digging up mudstone and stock piling fines, which they are now selling.
It was a mistake which they are putting right by mining
The new northern area hence the local and international interest in their coal plus the original reason for the development of Rukwa, the CFPP.
Where ILTL fit in now remains to be seen but before the pandemic they were keen enough to run the mine with
the intention of exporting Rukwa's coal there's been no reason as yet put forward that they have changed their minds, why would they with the current demand for coal?
Have a good BH all.

The interims, which could turn up anytime from the middle of Sept. could be the next build up on the SP.
At least it will be an expected update.
We should know then the status of any expected contracts plus what the coal production really is.
Not to forget the discussions on supplying the
CFPP.

NAH, it was N1 getting a sneaky one in.

A substantial addition to the company which should quell any doubts that the market has about the company.

Judging by the RNS (read what you will) it would seem that the target in Q4 will be in excess of 3ktpm.
It remains to be seen if/when ILTL will take over the running of the mine.

non-sequitur, as the saying goes, stay silent and only appear the fool, etc.

Local and industrial orders could exceed 20,000TPM, plus the power station requirements, so some substantial investment needed to produce those volumes.
This is just the start!

Power station supply options??
I wonder what the reaction will be today?

Well we are selling coal!

We should be getting the results of the shipped samples and whether they meet customer requirements.
Will contracts follow, key information for the markets.
Anticipated contracts in the 3rd Q.

Aerial, I agree that any news could come as a surprise to the general market but I doubt any co. is watertight.
There's an old saying a secret is no longer a secret when two people know.
I don't think that I've known such a long extended period in EDL's past when there has been so little interest in trading.
I think that they've migrated to HE1.
We do know that in the next 6 weeks there will be news due to the interims with whatever impact that will have on the SP.
The run up to the interims will be a lot different to the current level of trading. Just my opinion!

Given TANESCO's acceptance that coal is the quickest and most reliable approach to the energy shortage that is holding the countries economy back, it would seem reasonable to expect a mention from EDL as to their expected involvement via a CFPP in their next news release.
The lack of any volume doesn't indicate news imminent.

It's convenient to quote current energy production, what is important is the future production requirements ,that is what the TZ gov. is looking at and there is no way renewables will be able to supply that demand even if they do play a part, therefore coal which is fast and currently cheaper more reliable and more controllable to meet unexpected demands, that is why the TZ gov. are choosing coal.
I don't believe that N1 believes the rubbish he is spouting, his main purpose is to antagonise anyone who bites.

to buy, how long will that last??
Roll on that update!

I think 1 or2 of us have been saying this for some time now, EDL and KIBO look well placed.
Of course coal is dead, LOL!!!