Member Info for esquimo

How many years has that been the target?

Coal production has been re started.

I wonder what the coal output is currently.

They've spent the last ??? 8 yrs trying to produce coal using machines which sound as if they were found in a scrap yard and to say the least unable to cope.

They are still set on maximising the coal asset.

We shall see what the mid terms reveal.

P.S. to that post, I've been patient for about 14yrs lol .

St P7, March 18th RNS states that the mining staff had returned to start a new production cycle due to the robust demand for coal, no mention of the order book though. We shall see what the results and update say.

I'm not holding my breath.

With luck a positive forward looking statement will be included.

We might have some coal out of the gates to satisfy the stated robust demand something they have yet to achieve since clearing the first layer of overburden, a lifetime ago.

They can't get it out of the ground without the mining licence which is going through the due process.

licence applications even with some urgency in TZ are a slow process.

Looking at the trades today I find it hard to believe that the magnitude of Fridays post has had so little effect.

If that RNS had been released this am I think the reaction from traders would have been different, i e. more intense, perhaps that was the the reason for the late release before the long weekend.

I'm assuming that the results are due next month with presumably whatever coal production has been achieved.

The opening SP on Tuesday after this latest RNS will be interesting after the length of silence. The impact should kick start a rise in demand and accompanying rise in the SP.

Mama Sam is not Magufuli she is 100% for TZ, you don't know what will happen.

General election and early trading update announced on the same day with the expectation of contracts with the NHS to be in place in the coming financial year, coincidence??? or a warning of a fund raise coming?

PS to that post, the SP when I first looked at FDBK some ??? 12yrs ago was 1/1.5p. I seem to recall some poster again pre consolidation expecting 8p, I would like to hear his views on the SP now, lol.

I'm not sure of the SP over the years but this must be the lowest pre consolidation SP 0.3625.

PC seems to have his critics in a cage and just enjoys poking them with a stick just for laughs.

His posting is a little over the top but no worse than those derampers.

I think the reason to buy now will become clearer as the year progresses.

What will the SP be as we approach production?

The Kabwe mine and the Alikhani family, going back 12/14yrs cost the investors a fair old sum under the name of Berkeley Mineral Resources. Legal action was taken to recover ??? £1m .

Masoud Alikhani the then chairman came to the market on the future of zinc tailings at Kabwe. So not a

good memory for a lot of investors.

Yet no sign of contracts!

Situation normal. So much for our new leaders.

Is not Kabwe where a certain BMR conned their investors out of a fortune on zinc tailings.???

People don't realise how big this is going to be, once the herd catches on buying will not be easy.

I remember about 2 yrs ago it was posted on here that if HE1 struck helium than the chances were pretty good that EDL would be sitting on the same source. I assume JB will be well aware of that.

Another seller at the new lowest price, @ .31 pre consolidation price.

Contracts should be in place for the new NHS FY. April 1st, traditionally, all fools day, we shall see??