Edenville Energy Share Discussion Threads

[jacksonpollack] 22/8/2016 09:51

Sadly, as even the bod of Edl have recognised and reiterated in a recent RNS. Small volumes can swing the share price either way quite a bit. So those seeking 10-20% rise and profit will just drag the share price back down. Also, playing on the minds of many and taken yet again from a recent RNS is the statement that the reason Edl is doing a 20 for 1 consolidation is so they can continue to fund themselves via below share price placings, not at a premium, above share price placings. That's not good as it shows even though they have a full mining licence, over 172 million tons of coal, a power plant plan in the bag, near to surface coal that they could easily dig and sell right away, and now a blanket ban from Tanzania of imported coal giving Edl almost free range to sell at the highest price, THEY STILL HAVE NO FUNDING WHAT SO EVER APART FROM SHAREHOLDER SHAFTING share price DILUTING PLACINGS. SHOCKING!!!!!!!

[cricket mad] 22/8/2016 08:46

The signs are that this share is going to rocket this week...plans/commercial discussions needed by 28th August to meet Governments requirement...a RNS is due...

[garfield8] 19/8/2016 11:04

It should be worth $41 per ton lol

[recordz] 19/8/2016 09:45

Coal in the ground being priced at $0.035 a ton.

[bibdaddy] 18/8/2016 09:51

RNS posted today...not showing on ADVFN board!!!


18 August 2016



EDENVILLE ENERGY PLC



("Edenville" or the "Company")



Investor Evening



Edenville Energy plc, the Company developing a Coal to Power Project in south west Tanzania, announces that it will be hosting an investor event on 31 August 2016.



The event will be held at Bangers, Eldon House 2-12 Wilson St, London EC2M 2TE from 18:00 and will take the form of a Company presentation followed by a Q&A session.



Investors and shareholders who wish to attend the event should register their interest with Heather Armstrong at [e-mail] or 020 3053 8671.





For further information please contact:







Edenville Energy Plc

Rufus Short - Chairman and CEO

[phone]

Northland Capital Partners Limited (Nominated Adviser)

Gerry Beaney

David Hignell

Stuart Miller

[recordz] 18/8/2016 08:48

Does anyone have a rough estimate on how much coal they could supply a day with the right help. JV etc.?

[stevie050] 18/8/2016 07:46

At least they are willing to meet and talk to investors....... that's a first.

[cricket mad] 18/8/2016 07:11

Good that they are holding an investor meeting. News flow beginning...hopefully this event is a sign that news will be provided before of a deal re early coal production tie up!

[kevinhoff] 18/8/2016 00:20

Need a JV or Finance secured
Until then nothing he's changed
LTH.

[jacksonpollack] 17/8/2016 20:58

For Rufus to claw back some confidence from shareholders, he has to secure financial funding whilst he's in Tanzania and stop placing all the time. It should be a given now and he should have backers kicking his door down to get in now.

[stevie050] 17/8/2016 15:09

The coal import ban is a huge slice of fortune, but many unexpected things happen in life let alone business, the important issue is how you react to these events. EDL now have a great oppotunity to capitalise, my worry is - gievn previous form, the BoD have the ability to do so....... I am very, very dubious of Rufus and co but I hope I am proved wrong. A little more patients and time will tell - this shouldn't be an issue for me & most of us other long term holders ! Good luck all.

[cricket mad] 17/8/2016 11:17

from Joburg Mining Weekly.com

[dickiebird2] 17/8/2016 10:30

Is this for real been in for 5 years !!!!!

[sausageonastick] 17/8/2016 10:17

The bid will lift shortly, they are running low on stock and will need to tempt some people into taking profit

[bibdaddy] 17/8/2016 10:08

Increased the spread to nearly 20%

[cricket mad] 17/8/2016 10:04

There she goes....

[sausageonastick] 17/8/2016 09:18

I asked the PR man Tim if it was the right time to get Rufus back on Directorstalk or SharePickers. He said it was but that right now Rufus was in Tanzania, but "the line to TZ has not been clear enough to record something decent so far" I asked when is he back so that he could do it when he was back, and I was told "He doesn't know at the moment"

So I'm guessing but it looks like Rufus is staying out there until the deals are signed before the 28th Aug, and to get the coal mine off the ground. Just my thoughts, but he's out there for a reason, and he's not planning on coming back just yet for a million reasons ££

[cricket mad] 17/8/2016 09:02

Fair play to JP he is right...this is not from a company strategy but local circumstances / politics good fortune - it could have been the opposite and thrown open the door to imports...the EDL BOD can step up though if they leverage the good fortune in the next 2 weeks...then we can judge.

[dbno] 17/8/2016 08:56

Well, who would have thought it. The best news we've had in ages and JP manages to put a downer on it.

[jacksonpollack] 16/8/2016 19:51

Looks like more by luck than design, Edl might have pulled it off. Banning imports is the best thing that could have happened. And it all takes place in a matter of weeks rather than the normal years we are accustom to with the Edl bod. No reason why next placing shouldn't be at a significant premium to the share price when it takes place. Everyone who uses coal will be clambering to get a contract with Edl to supply them. And even with the power plant being a fair way off, a deal will be getting drawn up sooner rather than later to tie in the plant and edl's coal. As I said the Edl bod have flukes it and can take no credit for it.

[whoppy] 16/8/2016 14:52

The long march back up. Baby steps first.

[sausageonastick] 16/8/2016 11:33

No reason why we can end the day up 10% again today.

We know they are in discussions to set up a mine and they are discussion with potential customers.

Looks like Edenville applied for a new prospecting licence (PL/11342/2016) yesterday on the day they released the RNS about coal import ban. The licence covers over 30km for coal (and limestone??)

Two days at over 600,000,000 traded each day should get the momentum going.