Coal project developer Edenville Energy is on course to generate monthly revenues of $300,000 a month if it can secure the contracts.
Edenville is supplying coal to customers in east Africa and the amounts have risen to several thousand tonnes.
Contracts are being discussed with a customer that wants 5,000 tonnes of coal each month, with a further two wanting 3,000 tonnes each a month.
Two production shifts are being put in place and the coal produced has high calorific values.
The share price is at a near-12 month low of 0.49p.
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