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70k tonnes a month.

24hr day operation.

ROM is 100 tonnes per hour with the new equipment.

For £10m Mcap after shares are issued then sp will be just over 0.2p with 4.8Bn shares in total

They have new institutional investors now so doubt they would have got the funding if they can't deliver the ££

It's a tiny Mcap hence the big gains. Can double from 0.1p and it's still a tiny Mcap. Profitable mine coming on stream that will generate cash.

Folk getting mixed up here on Nominee holdings and individual spreadbets or CFD's which are held in individual names ie someone who has an account with a Nominee Broker. The recent holdings is a TR1 and clearly states who the investor is. It's a large chunk of stock that has been acquired in the market and was declared on 6th May.

I wonder how many they will take up in the conditional placing. Another 13-15%

New blood. These new investors will hold Rufus to account. They will be looking for big gains.

Holdings RNS. Pitchcroft taking 13% of the company but importantly split between 3 individuals and are happy to be taking such a big chunk. They all can't be wrong, so must have liked what they know.

Lind taking shares when it could have has cash is a pointer to where they feel EDL is now going. Sure they got 36m at 0.02p, and the sp is higher, but they would have taken the cash if they thought EDL couldn't repay the rest of the loan. EDL are only at the beginning of repayments with over £800k left to repay and Lind are taking shares. Lind's next price conversion is 029p if they elect to take shares as payment. Maybe the sp will get above that.

The first placing, the firm placing of 500m shares will be issued on the 2nd May. They will be issued to new and existing institutional investors.

I think once thet start running through the coal from the Northern mine coal production will increase dramatically. Also when the turn the fines into briquettes, then this will be a good valuable coal to sell.

With all the plant working, as it should, which they have confirmed, then they will be doing 100 tonnes per hour ROM

*Brandon Hill

Obviously Bramhills have let on what's next.

Huge buys in the background going on.

Trying to get your shares.

10m Mcap would be fair now.

EDL slower to release news on Tanesco announcement made by Kibo, presuming EDL were in the same boat regarding their tender for the coal to power plant project