Member Info for Sausageonstick

Cheers GW

When does the rainy season end?

Maybe ITIL will wait for the rains to stop before taking the mine on. Edenville have money to last a few months.

Lowest form of wit, says more about you than me.

If you feel you want to keep going with the sarcasm and ridicule it's up to you for everyone to read.

Over to you......

I remember January 2017 when Rufus talked of customers for our coal.

I remember the late jorc report

I remember the first consolidation and the second.

I remember Sally Schofield

Fast forward

February 2021, and we still wait for a mine to produce significant sales that brings in more money than it costs to run the gig???

I do believe there will be a CFPS at some point, and the share price will go up and then down. Edenville won't be supplying any CFPS for years.

We need visas
Hand over
Increase output
Sell more coal for profit. And by profit I mean get more money than it takes to run the company and service the debt.
More contracts.
Diversification into something not coal, e.g. NvS & gold.

These are the next basics we need in place.

...the dullness rubs off

Agree esquimo, I'm sure there will be a CFPS, but it won't appear overnight nor will it add to Edenville's bottom line for years to come.

I guess the money they save on vaccines will pay for that really cheap CFPS that other people think is gonna spring up over night.

This will come good but patience is needed folks. The focus now should be on handover and increasing production

I still believe the delay from November to some time in the future, February or beyond, is now not related to visas being delayed due to Covid or government elections.

It may well be that ITIL have to wait for people to roll off current projects before they can relocate. Reading the covid article which someone just posted could mean that people don't want to travel to Tanzania at the moment.

"All travellers, whether foreigners or returning residents, whose countries or airlines require them to get tested for COVID-19 with a negative test result as a condition for travel will be required to present a certificate upon arrival. Travellers from other countries with symptoms and signs related to COVID-19 will undergo enhanced screening and may be required to undergo COVID-19 RT-PCR testing.

All travellers, whether foreigners or returning residents, entering or leaving the United Republic of Tanzania will be subjected to enhanced screening for COVID-19."
https://www.emirates.com/uk/english/help/faqs/travel-advisory-tanzania/

Will we see the handover in February?

If you think someone is going to pay Edenville for coal for a non existent mind mouth power station, and even if a contract was signed next week it will be years before coal is delivered

That's lunacy!!!!

Let me just write it clearly.

People are saying Edenville and mine mouth power station. Even if Edenville sign tomorrow when do you think Edenville will start being paid for supplying coal? On the day the contract is signed or in years to come when Edenville start supplying?

A certain set of you people make me chuckle on a daily basis with your crazy ideas. One minute we are going to ten bag, one minute we are handing over control of the mine, one minute it's helium, one minute is a mine mouth power station.

Come on peeps, which one is it?? Or are we doing all of them. Are we handing the mine over whilst still negotiating a mine mouth power station whilst looking for gold while pumping helium out of the ground while negotiating new contracts, while this 10 bags.

Stick to the facts, irrespective of which website people use as an example a mine mouth power station doesn't pop up over night.

I didn't say it was for the Sumbawange Coal-Mouth Power Plant. Read what's on the page not what you people interpret is on the page.

That's the problem many of you have with Edenville RNSs. Again you fall into the trap of reading what you want to read not what is stated.

Sorry folks but that tells me more about you.

At the moment Edenville run the mine and supply local customers. They have signed some agreements. That's it.

A new coal-fired power plant would cost $3 billion, drive up energy prices and take eight years to build.

According to the IAEA data, the average construction time for plants with nominal power below 800 MWe is about 71 months, while for higher power reactors, the construction time increases about 8 months for each increase of 100 MWe in power.

It will take years to build

It also stated it expected it in November I believe

I believe the RNS, after that no I don't believe unofficial chit chat via director talk or other friendly interviewers

He could have said they still on schedule for February, he could of had a few sentences, but instead he moved swiftly on.

There were positive jam tomorrow sentiment, such as gold, but not many facts about what is happening. I would have liked to hear that February was still expected as the handover month

GW

Couldn't have written it better.

It's achievements that will drive this

Visas
Handover
Coal production
Contracts
CFPS
Gold

I'm going to be blunt here.

NvS interview has no effect because we've heard jam tomorrow presentations before from Edenville.

I'm also nervous that he dodged the hand over question.

I guess they are still burning it though rather than just looking at it.