Edenville Energy Share Discussion Threads

[scoots] 31/8/2016 10:08

Yes, I believe Rufus is going.

[canny lass] 31/8/2016 10:00

Is anyone on this BB attending the Investor Presentation this evening?

[sweety1] 31/8/2016 09:43

Short term I expect all we will hear is the same old things " exciting times we are progressing well on several fronts" but until the next placing is out of the way I do not expect any concrete news eg JV / Deal done on coal. Hope I am wrong and in the near future they confirm a deal with a partner to avoid dilution but track history says not......

[whoppy] 31/8/2016 08:26

Currently paying 0.65p or 0.0325p in old money..

[stevie050] 31/8/2016 07:46

So what are we expecting today - consolidat ? dilution ? no news ? So what is Rufus going to say at tonight's investors meeting ?

[blue59] 30/8/2016 17:24

My apologies in advance for laziness but sold out a long time ago and having been watching since, has there been any share consolidation in the last 4 years?

[stevie050] 30/8/2016 12:54

Wonder what odd you will get on tomorrow's investors meeting being cancelled ?

[whoppy] 30/8/2016 11:17

Maybe there will be no consolidation due to near term revenue from early production.

[whoppy] 30/8/2016 10:07

June 28, 2016
World Bank Approve USD200m Loan to Expand Tanzania Rural Electrification


The World Bank (WB) approved the Tanzania Rural Electrification Expansion Project on 20th June 2016.

The USD200m loan is provided by the International Development Association (IDA), while the implementing institutions are the Ministry of Energy and Minerals (MEM) and the Rural Electrification Agency (REA) of Tanzania.

The project will connect 2.5m Tanzanian households in rural areas to the national electricity grid over the next 5 years.

In addition to household beneficiaries, the WB financing will also benefit 25,000 education facilities, 25,000 health facilities, and 150,000 businesses.

“This program not only offers the opportunity for many more Tanzanians to have access to power in their homes and businesses, but also enables small power producers to access finance to invest in production, including with renewable energy sources,” said Bella Bird, WB’s Country Director for Tanzania, who also covers Malawi, Burundi and Somali.

The Rural Electrification Expansion Project is implemented under the National Rural Electrification Program (NREP) 2013–2022, which includes both on-grid and off-grid solutions.

NREP has 4 priorities: the connection of new customers to the grid in already electrified settlements, new connections to the grid, electrification through off-grid investments, and the development of renewable technologies.

NREP is in line with the Government’s goal of increasing the country’s overall electricity connectivity to 50% by 2025 and to at least 75% by 2033.

The number of people with access to electricity increased from 7% in in 2011 to 36% in 2014. According to MEM, the rate of national access to electricity was 40% in April 2016.

Accordingly, the WB’s project aims to build on these achievements and further expand nationwide access to electricity.
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[whoppy] 30/8/2016 09:03

Hope you are all getting in on the cheap.

[guitars4stars] 30/8/2016 08:05

Scoots - you don't get it do you?Ah well, enjoy watching your investment drop 40% & that's before the next placement that the announced 'price juggling' will allow. Good luck anyhow.

[scoots] 30/8/2016 07:54

That,s all we need....a few ass-creepers joining the debate.

[guitars4stars] 29/8/2016 21:04

Jackson & Jog ... You can only try help by bringing blatant, fraudulent & self serving cash extractions at the expense of private investors to the attention of PI's... How they use this info & choose to react is up to them. Over time they will agree with you - that is for sure!

[jacksonpollack] 29/8/2016 18:51

Glad to see you addressed the issues I posted re jogosons post, not.

[rich2006] 29/8/2016 10:13

JP
You said you had no hope
So sell up and move on

[kevinhoff] 29/8/2016 09:53

Yes JP has a sense a sense
of humour and a some Patience

[rich2006] 28/8/2016 23:46

EDL IMO has a great opportunity.
The BOD have previously been very poor at raising funding but they are nearly there now, getting a partner on the power plant project who will pay back costs and a fee to get a percentage of the project is not far off. Supplying coal to other customers is a bonus and will reduce the need for dilutive fundraising once they have the equipment required to meet customers needs.
The consolidation is a bummer but let's be honest we all new it would come at some stage, best to get it out of the way now as I believe this is the turning point for the share price.
The investor evening should be interesting and IMO is long over due, should of had one after the licence award. Sadly I cannot make it due to other commitments so hopefully someone can post feedback on here.
The BOD need to start shouting from the rooftops now about how well placed EDL is and how good their project is, again this is long overdue IMO

[jacksonpollack] 28/8/2016 20:24

rich2006. Let's hear you take on what's going on here then. Come on, don't be shy.