Quinton Davies’ Post

🌟Just like selling cement, offering recruitment services isn't about transactions - it's about building strong foundations and lasting relationships.🌟 Together, let's build something extraordinary! 🏗️💼 #Recruitment #CareerGrowth #BusinessSuccess

PRINCIPAL CONTRACTUAL TERMS 1) Quantity Determination It is an important aspect of the gas sales contracts which specifies the amount of gas actually be bought and sold during any period. Without buyer’s and seller’s promise to purchase and supply some minimum amount of gas, merely signing a contract does not guaranty any sales at all. Therefore, quantity provision in a contract becomes very important. Various phases used to spell out quantities are; a) Daily Contract Quantity (DCQ) This is an agreed daily quantity by reference to which the Buyer makes its nominations for the deliveries of gas on each day. In supply contracts, the agreement specifies a fixed DCQ, for the duration the contract period. In a depletion contracts, sellers and buyer agree for different daily quantities during build up, plateau and decline period as given under; “Build up” period DCQ is the agreed daily contract quantities during build-up period. For example, the agreed quantities during build period may be; i) 40% of plateau period DCQ within 6 months ii) 60% of plateau period DCQ by the first year “Plateau Period” DCQ is the agreed fixed DCQ during plateau period. This can last for a fixed period of timing or alternatively, plateau DCQ can continue until a fixed proportion of reserves on the field have been produced. “Decline period” DCQ - After plateau period production continues to decline until abandonment. At this time the DCQ will be reset each year depending upon the field production capacity. The seller will nominate a decline DCQ to the buyer each year using a specified notice period laid down in the contract. In decline contracts, an annual fraction of committed gas reserves is very common for setting contract quantity. b) The Annual Contract Quantity This is the quantity of gas which the buyer expects to take in a Contract Year. It is equal to the product of multiplying the Daily Contract Quantity applicable for the relevant Contract Year by the number of days in the Contract Year. c) Delivery Capacity It is the maximum quantity that the buyer can nominate and which seller is obligated to deliver. It is generally set as a fixed percentage of DCQ. The percentage variation (plus or minus) with respect to DCQ is known as swing. Thus, seller’s capital investment must be sufficient to supply up to DCQ plus swing (i.e. Delivery capacity) which is termed as seller’s obligation. d) Minimum nomination and seller’s obligation to deliver The Minimum nomination is the difference between the Daily Contract quantity and Swing which a buyer can nominate for delivery on any day. Seller’s obligation to deliver gas is the quantity of gas nominated by the buyer so long as that nomination lies between the minimum nomination level and delivery capacity. e) Excess Gas Although, the seller is obligated to deliver gas up to delivery capacity, but generally the buyer can request greater volume known as excess gas.

According to a recent survey by JW Surety Bonds, 48% of Americans would consider co-purchasing a home with a non-romantic partner as a way to beat inflation and the high cost of home ownership. What are your thoughts? 👇 https://lnkd.in/gt-TKKp9 #TheHeadhunters #headhunters #jobsearch #jobseekers #jobopening #jobs #humanresources #hiring #candidates #employment #careers #management #recruiting #staffing #jobmarket #engineering #manufacturing #accountant #finance #metals #mining #heavyequipment #qualityassurance #healthcare

ZHR type slurry pump,and the motor is CV transmission form, but one difference is that its motor is diagonally above. Do you know why? 🤔 #slurrypump #industrialpump #mineralprocessing #coalwashing #mineral #zinc #mudpump #pumpmanufacturers

Looking for cost reduction opportunities, ABC (Activity Based Costing) the right strategy to rise at the next optimization level. Take a look at this case applying to underground coal mine: https://lnkd.in/emEKY3dQ

** INDUSTRY SAFETY ALERT ** What happened?: On 21 December 2023, an underground coal mine longwall transformer cart was being trammed into position when it moved down the grade in an uncontrolled manner for approximately 20 metres until it came to rest against a stationary load haul dump (LHD) machine. Four coal mine workers (CMWs) were in the vicinity of the longwall transformer cart at the time of the incident. None were in the travel path of the out-of-control cart, however, the potential for a serious incident was evident. Recommendations to industry:  Recommendations can be found at the following link - https://lnkd.in/gxaG8Ada Source: Resources Safety & Health Queensland - Uncontrolled movement of longwall transformer cart #incident #safety #underground #unplannedmovement

Good day Coal Availability out of Kriel/Witbank RB 1 - R1080 p/t- RB 2 - R 960 p/t RB 3 - R 770 p/t RB 4 - R 560 p/t PROCEDURE TO PURCHASE 1. NCNDA (non-disclosure) to be completed and signed by ALL parties concerned, a limit of no more than THREE intermediaries on the buyer side will be preferred, 2. LOI / ICPO and PROOF OF FUNDS to follow from buyer, 3. PROOF OF PRODUCT from supplier end to follow, 4. If Buyer is not visiting the site/plant himself when viewing, inspecting, and testing on the day then proof of a legitimate Mandate Agreement needs to be provided by the buyer and their Mandate (individual representing the Buyer/Company purchasing the product, 5. Price per product is negotiable, 6. INVOICE for PAYMENT from supplier to be processed by the PAYMASTER.

Breaker Boys Lehigh Valley Coal Co Maltby PA Near Swoyersville PA Early 1900s A breaker boy was a coal-mining worker in the United States and United Kingdom whose job was to separate impurities from coal by hand in a coal breaker. Although breaker boys were primarily children, elderly coal miners who could no longer work in the mines because of age, disease, or accident were also sometimes employed as breaker boys. The use of breaker boys began in the mid-1860s. Although public disapproval of the employment of children as breaker boys existed by the mid-1880s, the practice did not end until the 1920s. Update: Many of these breaker boys worked 10 hours a day, six days a week all for as little as 45 cents a day. Child labor was common in the United States in the 19th century. It took the compelling, heart breaking photographs of Lewis Hine and others to bring the harsh working conditions to light. Source: This Amazing World and Beyond