ATQ 0.00% 43.0¢ atomic resources limited

small scale mining, page-6

  1. 8,407 Posts.
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    So Tony, i gather that thermal coal is whats used in the proiduction of cement correct?

    Because I don't think there are any ( or possibly only 1) thermal coal power station in Tanzania?

    From my previuos posts Ive gathered from articles that most of their power is hydro electric and gas ( or diesel )

    (My memory isn't that good and I don't have time to re read the articles:)

    I agree that the first goal is to provide fuel for the local market first and some off take agreements would be nice to see.
    I would also like to here more about the proposed 400Mw power station. I wonder how likely this is to get off the ground and the timeframe it will take to acheive through Tanesco.

    I still feel that a cap raising or some other form of funding must be likely in the near future as cash on hand isn't exactly strong imo.

 
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