Edenville Energy Share Discussion Threads

[tidy 2] 24/1/2017 11:35

Edenville Shares Surge On Deal With Sinohydro For Rukwa DevelopmentSource: Alliance NewsEdenville Energy PLC said Monday it has agreed a partnership with Sinohydro Corp of China to aid in the development of its Rukwa coal to power

[tidy 2] 24/1/2017 11:32

Interesting Initial mine production planned to start in Q1 2017 -- Significant interest from several groups for the coal from Rukwa Over the past several months Edenville has received significant formal interest from several companies for long-term coal supply. As a result, trial shipments of run of mine ("ROM") coal have been transported to customers in order to determine appropriate logistical, quality and quantity parameters. Commercial rates are being paid for the delivery of this coal.Consequentially, the Company has taken the decision to move the project to the next stage of development, which focuses on the commencement of commercial mining operations and the acquisition of a coal processing facility. It is planned that initial mining will commence in Q1 2017. This will focus on stripping the overburden and the production of a ROM coal stockpile. In parallel, a suitable coal wash plant is planned to be established on site.

[lightmyarse] 24/1/2017 11:30

EDL do not produce a saleable end product what so ever. The have a license to mine a small portion of their huge assett and have to date sent samples to some potential customers and yet to secure solid orders (interest does not pay the bills). They are yet to build a mining facility AND a washing facility which all needs to be funded somehow.Lots of interest but the reality is nothing is yet set in stone with no solid commercial figures. They have just announced a non-binding partnership to start on a bfs with a company that is yet to commit by contract and could indeed pull out at any time and require payment for any of their workings to date if EDL require the use of the documentation - a very risky position to be in at present.

[effiert] 24/1/2017 11:28

MMS seem to know there is a placing. just what price?

[effiert] 24/1/2017 11:26

nop jock is it still going up?

FFS idiots everywhere

[tidy 2] 24/1/2017 11:24

Interesting Initial mine production planned to start in Q1 2017 -- Significant interest from several groups for the coal from Rukwa Over the past several months Edenville has received significant formal interest from several companies for long-term coal supply. As a result, trial shipments of run of mine ("ROM") coal have been transported to customers in order to determine appropriate logistical, quality and quantity parameters. Commercial rates are being paid for the delivery of this coal.Consequentially, the Company has taken the decision to move the project to the next stage of development, which focuses on the commencement of commercial mining operations and the acquisition of a coal processing facility. It is planned that initial mining will commence in Q1 2017. This will focus on stripping the overburden and the production of a ROM coal stockpile. In parallel, a suitable coal wash plant is planned to be established on site.

[lightmyarse] 24/1/2017 11:21

EDL do not produce a saleable end product what so ever. The have a license to mine a small portion of their huge assett and have to date sent samples to some potential customers and yet to secure solid orders (interest does not pay the bills). They are yet to build a mining facility AND a washing facility which all needs to be funded somehow.Lots of interest but the reality is nothing is yet set in stone with no solid commercial figures. They have just announced a non-binding partnership to start on a bfs with a company that is yet to commit by contract and could indeed pull out at any time and require payment for any of their workings to date if EDL require the use of the documentation - a very risky position to be in at present.

[phil1969] 24/1/2017 11:21

AFG just popped up in the toplists!!

[teacup] 24/1/2017 11:18

The MMs know this will move on news and there is a lot of news coming

[effiert] 24/1/2017 10:54

company gonna need money to develop the mine nop jock

[effiert] 24/1/2017 10:51

nop jock what placing price is coming>? 0.5p?

[tidy 2] 24/1/2017 10:47

Interesting Initial mine production planned to start in Q1 2017 -- Significant interest from several groups for the coal from Rukwa Over the past several months Edenville has received significant formal interest from several companies for long-term coal supply. As a result, trial shipments of run of mine ("ROM") coal have been transported to customers in order to determine appropriate logistical, quality and quantity parameters. Commercial rates are being paid for the delivery of this coal.Consequentially, the Company has taken the decision to move the project to the next stage of development, which focuses on the commencement of commercial mining operations and the acquisition of a coal processing facility. It is planned that initial mining will commence in Q1 2017. This will focus on stripping the overburden and the production of a ROM coal stockpile. In parallel, a suitable coal wash plant is planned to be established on site.

[robfitz] 24/1/2017 10:43

Trying to accumulate some free shares here!

I have two holdings one I am keeping for the Long term and the other is purely a trading play. I am playing with two pots of £2k.

My first is entry at 0.16p and my second is if it drops further towards 1p.

My exit point is currently 0.2p to recover the investment and bank some free shares.

I have only just started doing this with EDL but do have approx 50,000 shares accumulated so far.

My entry and exit points will get adjusted if I think the trading range has changed!

Good luck to all!

[lightmyarse] 24/1/2017 10:34

This is effierts post from yesterday"going strong into close. expect a big gap up in the morning"This muppet is a serial ramper but has sold out and now it's suddenly looking weak