So if we stop hypothesising....8 Jan 2019 14:52
.......and discuss the facts that are true and are known.
Edenville have the rights to at least 173 million tonnes of coal.
Edenville have a mining licence
Edenville has a working mine including diggers, dumpers and lorries.
Edenville have one washer crusher.
Edenville have a functioning lamella water clarifier.
Edenville have taken a loan of $750,000, and have access to $2m more if needed.
Edenville have to start repaying the loan in February 2019.
Edenville have applied to the Tz govt to open up a northern coal field, the paperwork is in but approval timescales are out of the hands of Edenville.
Edenville have submitted tender documents, but the timescales involved in making a decision on who wins the tender is out of Edenvilles control.
Edenville have signed contracts for 8,000t/m of coal.
Edenville produces less than 8,000t/m of saleable washed coal
Edenville have not bought another digger
Edenville do not have site lighting to enable 24 hour operation.
Edenville preprocessing unit is not fully installed
Edenville not not have a full set of spares if the washer crusher breaks down.
Edenville pays it's CEO £197,261 (annual report 2017) per annum, including fees, renumeration, pension and share based payments.
Edenville pay Jeff £80,945, again 2017 figures, including fees, renumeration, pension and share based payments.
Edenvilles nomad stops being Edenvilles nomad on the 1st February.
Any other facts as we know them I've missed?