Member Info for Sausageonstick

...another 104,166,667 evaporate.

...and 137,500,000 warrants disolve into thin air.

The washer crusher is set up with weighbridge, I can't see them moving it now.

If they want to satisfy all this demand from all these potential coal buying customers, my opinion remains that they will need another washer crusher, announcement before Christmas I'm thinking. That would give Rufus some space to get another 3 months salary in the bank whilst saying Edenville are so close to getting ouput up to 10,000 and so so close to signing contract, but just not until they spend 3 months searching for, buying, shipping, installing and commissioning a washer crusher.

I just can see how they can satisfy all this potential demand in a natuon that banned coal inports with two diggers and one crusher. Unless anyone knows different?

I'm guessing the MM's know there is very little confidence in Edenville and the BoD at the moment. So any drop in price will make investors nervous about getting out and selling up giving them cheap shares.

If Rufus delivered something like a a sign contract for 10,000 tonnes a month, then confidence would start to come back, all the time its jam tomorrow its not building any confidence

.................news, any sp rise will be eroded quickly as we have seen.

Agree, we need to see volume increase and an uoward momentum in price.

It all hinges on when people want to jump in.

Interims in September (maybe), end of September / first week of OCtober for RNS re technology in place and working.

Would be good now to have monthly output figures Rufus, to prove they are heading upwards. No reason why this can't be done as they appear to be collecting output data.

Can't see deals being signed until closer to the end of year

Nice to see the spread come down to 6%

....get to 0.43p??? Heading that way from here

I said months ago that a new washer crusher will be needed. I hope they don't wait until Christmas to then decide to buy a washer crusher which then takes three months to get working. That would really hiss me off

.......trades to turn up, volume building. Some juicy extracts from recent RNS

A Lamella clarifier water treatment plant is nearing assembly stage completion and will be installed on site for commissioning later this month. (it will need commissioning which takes longer than building it, then we need it RNSed)

The equipment is already in Tanzania, negating the need to ship and import. Construction and commissioning is expected to be completed on site over the next 6 to 8 weeks. (9th October is 8 weeks from RNS, then we need it RNSed)

The Company is targeting the plant upgrade tasks to be completed by the end of September 2018, allowing increased throughput and production. (Then we need it RNSed)

A second excavator is now working in the Namwele area of the Project, in addition to the excavator working in the Mkomolo area. Approximately three thousand tonnes of coal have already been mined or exposed at Namwele

The Company believes the results of on-site laboratory analysis are encouraging, showing material with a high calorific value of over 6,000kcal/kg on a washed basis. Â Initial wash results are also looking positive, with a washed yield of over 50 per cent.

Company is now at an advanced stage of negotiating several longer term contracts for coal supply (RNS it!!!!!)

the plant upgrade will allow this future production to be guaranteed to customers and we will update the market on progress in this area as it occurs

We expect to have an updated mining plan completed in September 2018 which will allow work to start on opening up new seams located to the north of the current excavation. (RNS needed when done, Rufus says they plan it, so we need to know when it is done Rufus!!!)

yep £41.80 trade, got those MM's dancing in their chairs

......or at most 10 trades.

Choking off any demand here keeping it at 18% spread

If we're lucky. If they are out early it will be good news, if its later and later it will be bad news in my opinion.

....until the end fo September / beginning of October RNS comes out. Yes Jeff/ Rufus you have set an expectation that the tech will be in by the end of September - so investors expect a RNS then.

One trade every 2 hours is hardly working the mm's into a frenzy.

.

Another 2m going into an ISA???

With an 18% spread this is going to be a quiet day.