Member Info for esquimo

On site in sight would be good as well.lol.

Rukwa resource including the expanded licence is huge but little point in clapping until the equipment is on sight.

I have no doubt that Rukwa will pay, but, not without further investment and, as the coal needs washing, reliable plant, that is capable of producing sufficient coal to get them over the wet season, something which they lack at this moment in time hence the failure to fulfill contracts which is why the stipulation to any new contract is reliability.

Further to my last post, the lack of info on current production and the running 2k tonnes pm. contract could mean another RNS might be coming shortly, who knows ?

Does it matter? I suppose the only answer to that is yes.

From pre production to production up to the present day, there's always been high demand from surrounding countries and within TZ, the out come has been consistently the same , the inability to fulfill contracts due to failure of the washer and failure to get the coal out of the ground. There's nothing in the RNS to suggest things have changed!

Nothing new then, it would seem that production is still reliant on their rust bucket washer, which, judging by the lack of up to date production figures, is not reliable, otherwise they would be boasting about how they are increasing sales.

The last day to report results as usual is never a good sign, it would be great to be proven wrong!

The delay in the results was pre COVID, it was left to the last minute to notify the markets. I'm not sure if the correct date, not that it matters it is irrelevant and down to the previous management, I certainly won't be arguing over it, the current management have left things to the last minute so until the results are posted we are in the same position as we were with the previous regimes, I was hoping for something a little better . We shall see if that little red dot appears at 7am.

No doubt your fingers will be firmly crossed again, lol.

It was some years back but you will no doubt recall EDL getting an extension on the reporting period when they were in the deep do do.

In fact everything is remarkably silent!

I did think the results would be posted today, still time yet I suppose.

I think we all know that the results will be dire but the update to now and forward looking statement should be interesting, that's if we get one.

We shall see how today and tomorrow progress.

I seem to remember T.O. about a year ago, when interviewed stating that he expected FDBK to be a big company within 2 years. No sign of imminent contracts, so, it looks a bit fanciful to me. having said that at this price it's worth adding.

Apri/May have been reasonably dry so I would expect production targets to have been met. Which makes me wonder what has happened due to the lack of updates after April's production and May's production.

No doubt we shall find out by this months end if not before.

With the increased funding and JB getting involved with the intention of developing the Rukwa coal field into profitability, another update with the results, should see a sustained rise in the SP over the coming weeks/months but we have had promises before?

GW, that did make me chuckle, I assume that you mean the ,Oh my god what went wrong this time results?

Zak once predicted (not so long ago) that EDL would make 90p. Lol.

We shall see once the profit takers have finished?

Well new management same treatment of the shareholders.

Wet season over, it's now warm and dry, so no reason to not achieve the target production but we've been here before with the accompanying silence.

1st of June this week, let's see what they can come up with!

Hopefully there will be a current update with a forward looking statement up to the interims to go with the results.

I topped up in April, by the end of June I will know whether or not that was the right move.

Silence with this company has never inspired confidence.

It's been 2yrs, since the TZ gov. invited EDL to discuss the Rukwa PP, not a word since.

The Mbeya PP is back on track with?? bio fuel.

The Rukwa contribution is still necessary for the base supply in 2026, I think that date may change.

With the power purchase agreement being discussed with Kibo I wonder where EDL will fit in , if it does at all?

GW, a 2% spread and it's the bid that is closing the gap could and I do say could, be indicating that the MMs are going to be looking for shares, we shall see what tomorrow brings!

A touch of blue and not a single comment!

Where's the news tomorrow, is it a leak, wow!

Community?

It just goes to show how bad the situation is with EDL, not a bit of interest!

I meant to say pre consolidation SP of 1p!