Member Info for Sausageonstick

Things that happen in the immediate past impact on the now and the future, like stopping production!!!

Esquimo, restart means that it has stopped and thus has begun again, but if it restarting it has stopped.

You need to see the wood from the trees.

Currently ceased mining in the southern pit as it's economically unviable, only have 6,000 tonnes to process, so what's the recovery percentage? 50%? Mining starts in March at some point, so that will be in the latter weeks as they need to move the equipment. So all that is happening at the moment is processing 6,000 tonnes, unless I'm not seeing it correctly.

It states "further disruption" telling me that there has already been disruption to mining operations.

They couldn't fill orders and nothing I've ready today gives me confidence

It seems since November 2012 to present Rufus has been an Independent Mining Consultant. So while being CEO of Edenville, he was off being being an independent Mining Consultant (source: LinkedIn). So was he fully focused on Edenville during this time as CEO? Looking at shareholder value, I'd say no.

I understand that, but was it on Rufus's watch?

Was it Rufus that told us it was 173 million tonnes?

Does seem strange that they picked the smaller area with low quality coal to mine first, then decide to move it all. I'm pretty sure the next RNS or two will say its been moved but they need three months to tinker with it to make it work properly. There is always an excuse why they can't get the output higher.

I'm still expecting a second washer crusher to be purchased.

But the output figures are so low, they can't fill the orders. What's to like? The southern pit is exhausted, things are moving to the northern pit and they need to set it up and tweak it. It's the heaviest rainy season in ages.

Even you wouldn't buy a few more shares in this let alone invest and partner Edenville?

I think the next jump will be any partner joining, but I can't see them signing until the green shoots of recovery are seen

All that you've said is jam tomorrow aerial. All those things may come true, what is fact is Edenville can't fill the order, the are moving to the northern coal field and will mine when drier

I think it will come good big time or go bust. But bobbing along scrapping around for money and coal cannot go on forever.

Not yet, but when time is right

Nothing is going to get better until end of April.

I have a feeling this will lower before it's higher.

Output can't be ramped up, wet season, moving equipment.

Coronavirus seems to be spreading, what will 8 am Monday bring

There may be a Boris baby bounce on Monday!!!! Haha

Seems to be, but will the market bounce on the Boris baby news!! Haha

You'll be topping up on Monday then

In that case, you think it going bounce back when the market bounces back?

... opportunity? If people are staying in are they drinking Shinji whiskey at home? Or will this hot 0.01p on Monday?

There you go, closed at 0.035p.

Down almost 20%. I know it been a bad day for markets but the last RNS didn't help.

48 hours to see the extent of coronavirus by Monday morning, let's see how the markets respond, but for Edenville I think we have further downside

...a long haul to the next RNS.