Yeah I think they were talking about some pretty simplistic mining methods.
Basic machinery to dig it up, screen it, wash it, transport it?
I'm not really in the know of whats exactly required to get coal from ground to customer.
Some facts on Tanzania's electricity if you care to read through them as I have done.
http://www.mbendi.com/indy/powr/af/ta/p0005.htm
http://www.areed.org/country/tanzania/energy.pdf
Plenty of potenial news to come our way..
Mining of thermal coal for on-site power generation and export;
Development and project financing for a coal gasification plant and 400Mw power station utilizing coal gasification technology; and Development of a private public partnership with TANESCO (the Tanzanian Governments electrical authority) for the construction of power transmission lines to connect the Ngaka project to the Tanzanian power grid.
Coal gasification....isn't that like what Linc Energy is looking at??? If that was the case then we wouldn't be talking about physicaly mining the thermal coal, but using UCG?
Hmmmm so much to think about :)
ATQ Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held