Elkedra Share Discussion Threads

[nickcduk] 10/3/2009 16:43

If anyone had a holding in EDN via Selftrade then I would guess you would have received your shareholding in Vaaldiam considerably later than you should have done. The same would apply to the earlier distribution of shares in Uramet as well. The shares collapsed during that period and you would therefore be heavily out of pocket than if you were able to sell them at the earliest opportunity. If anyone is in that situation then please post and I will give you an update on what steps I have taken against Selftrade.

[krakadouw] 05/10/2007 17:44

Thanks guys.

[nickcduk] 05/10/2007 15:27

Still waiting for mine via Selftrade. Just a little slow maybe in processing the dividend.

[tartan_penguin2] 05/10/2007 15:25

Hi Krakadouw..

I have received mine ok.... I hold on the ASX though....

[krakadouw] 05/10/2007 09:09

I haven't yet received my uramet 'in specie' shares (via Selftrade). Anyone know what the delay might be?

[buba] 04/7/2007 08:06

Todays announcment makes the shares worh about22.5p so more to come!

[chopsy] 11/5/2007 19:42

Sparkle not so shiny now?

[chopsy] 09/5/2007 09:03

Well I bought at 8p sold at 10p (ednw) 3 days later, glad I didn't get locked in! Keep on watchlist for now.

[bageo] 26/4/2007 08:46

yes, all shares have an equal entitlement except if you live outside Australia and aren't RAB Capital. Not the first time this has occured in dual ASX/AIM listed companies.

[chopsy] 26/4/2007 08:27

RNS clarifying spin off entitlement today.

[rambutan2] 24/4/2007 22:51

i imagine so, although it looks as though the diamond opp is now fully sorted and up to speed as of march. well worth a read of the quarterly...

[chopsy] 24/4/2007 17:41

So it's the uranium providing the main sparkle here now is it?

[nephin] 23/4/2007 19:39

If I hold a small amount of EDN nore what will happen after the spin off - what will I be left with?

[chopsy] 23/4/2007 17:42

ednw - they only reported my 5000 at 8p - later on they hiked the offer to 10p on presumably no further trades, unless they are still to report.

[rambutan2] 23/4/2007 09:07

should help bring some added interest...

Elkedra Diamonds NL (ASX: EDN, AIM: EDN)
today announced that it will proceed with a proposed spin-off of its uranium
and base metal assets in the Northern Territory and Queensland through the
forthcoming IPO to raise up to A$7 million and planned ASX listing of newly
incorporated exploration company, Uramet Minerals Limited.

Elkedra has reached agreement to transfer a high-quality portfolio of uranium
and base metal prospects covering some 7,895km2 in the Georgina Basin to
Uramet. The decision to divest these assets is consistent with Elkedra's focus
as a growing diamond producer in South America following the successful
development and commissioning of its Chapada Project in Brazil last year.
Elkedra has been issued with 25 million shares in Uramet which, at the time of
listing, will be equivalent to 38.46% of the new company.

[tartan_penguin2] 19/4/2007 08:16

there was a positive write up in the Fat Prophets mining Report last night over here in Oz. I think this along with the last RNS on production are starting to bring EDN to peoples attention. Long may it continue. I am still dowm quite a bit but think the medium term prospects are very good.

[rambutan2] 19/4/2007 07:45

picked up a bit in oz - up 13% overnight. and not before time.

[rambutan2] 16/4/2007 07:45

RECORD DIAMOND PRODUCTION AND VALUES FOR ELKEDRA'S 9TH DIAMOND SALE

- Highest monthly revenue to date achieved as production continues
to increase at Chapada Diamond Project.

- Average sale price of US$532/carat (previous average of
US$396/carat prior to this sale), delivering sales revenue of
US$1,555,599.

Elkedra Diamonds NL (ASX & AIM,: EDN) is pleased to announce the
results of its ninth monthly diamond sale since the start-up of its 100%-owned
Chapada Diamond Mine in Brazil in June 2006. The sale, comprising a parcel of
2,924 carats (5,088 stones), represents all diamond production from Chapada
for the period 7 March to 9 April 2007.

A record average price of US$532/carat was realised for this sale,
delivering total revenue of US$1,555,599. This represents the highest diamond
production and average value per carat achieved for any valuation period to
date. Prior to this sale the average diamond value for all sales since start
up was US$396/carat.

This latest valuation period also reflected a significant increase
in the number of special high value stones recovered as listed in the
following table...

[tartan_penguin2] 20/3/2007 07:33

reasonable sale results today. Finished up a couple of cents on the ASX so hopefully this is the turning point as the weather improves and they iron out the initial production difficulties...

[rambutan2] 19/2/2007 11:22

thanks, will try.

others im in or are following which come to mind are allied gold, medusa mining, vulcan resources, kimberley diamonds, sylvania resources and bio play phosphogenics.

[tartan_penguin2] 19/2/2007 08:46

rambutan

try www.hotcopper.com.au

the EDN board is not partic busy but you do get the occasional flurry...

wot other ASX stocks are you in? I hold mainly mining and resources stocks

[rambutan2] 19/2/2007 00:07

tartan,

do you use any oz bulletin boards, and if so could you recommend any? it would be nice to be able to tune into any local views on the asx listed cos i follow.

[tartan_penguin2] 17/2/2007 06:01

tsmith

I am unable to post on here as I cant copy the text as the web page is protected.
basically the message is that production is in one with expectations, the current share price reflects excessive pessimism which is unwarranted and after a period od consolidation the share price should move higher... with significant upside.

The also emphasise the exploration potential in coming year.

[tsmith2] 15/2/2007 12:17

tartan

would u be able to post on here