Should give them roughly $90k per month or $1.080 million per annum. That's without going further down the pipes. The deeper they go the better the diamonds and no deep mining.
The construction of the new plant has now been completed and the vertical shaft impact ("VSI") crusher has now been commissioned. The plant is now designed to process approximately 14,000 tonnes per month, based on an 8 hour shift, which we expect, based on grades seen to date, will significantly increase our diamond recoveries.
Should give them approx 200 carats per month depending on the size of stone.
2014:
o Q3 complete detailed design of the optimised product range
o Q4 commence production of Gigha containerised units and 10 customer production units
o Q4 Jabil manufacturing quality control review
· 2015:
o Q1 CE certification and electrical testing
o Q1 deliver first customer production units 5-30kWh systems
o Q2 install Gigha 1.26MWh system
Scott McGregor, CEO of Camcosaid,
"Our REDT team has made great progress over the past few months working in partnership with Jabil with significant results already delivered. The production optimised design has resulted in an initial estimated 40% cost reduction and a 2/3 reduction in the physical size of the system. These will provide real benefits to our customers as we commence our sales and marketing prog
Last year they rurned down a takeover offer which they felt was too low, they are now concentrating on a product called checkit which tells food suppliers the state of food items so as to prevent it going off. It all depends on this product being a success as to which way the company will go.
As you know i'm a massive fan of renewable energy storage and had high hopes for this technology, however they seem to be lacking in any enthusiasm to get things moving and coming across as just a typical AIM company in which they just do enough to pay wages and happy to carry out a placing every so often to top up the coffers.
Not for me i'm afraid i want to invest in companies that will eventually stand on their own two feet and generate enough income to produce a profit, sadly most AIM companies are lacking.
As Jolly says they are quite predictable in that it ranges from 4.5p to 7p so ideal for traders one thing i'm not.
Still no news in Gigha. Until they get a unit working I imagine no one is going to believe they have a system that will compete.
Come on CCE pull your finger out.
They need orders otherwise they are going to left behind, looks like they may have problems up in Scotland no news from there and possibly those in the know selling out before news breaks.
Not good imo.