Edenville Energy Share Discussion Threads

[effiert] 24/1/2017 10:09

Placing at 1p coming? looking very weak at the moment.

[tidy 2] 24/1/2017 09:55

Sinohydro has previously committed considerable time and resources to the Project. In H2 2016, prior to signing the MOU, it carried out extensive review work on site along with completing a technical proposal and an independent financial model. As part of its commitment pursuant to this MOU, Sinohydro will complete a Bankable Feasibility Study ("BFS") for the proposed Rukwa Power Plant. It is estimated that Sinohydro will incur costs of approximately US$1 million on BFS related work. Sinohydro's project team will also use their considerable experience of working with Chinese and other financial institutions to assist in exploring appropriate funding options available for development capital to be used for construction. Edenville will be responsible for the continued development of the coal mine portion of the project along with the permitting and legal aspects to advance the power plant to its construction phase.Throughout the MOU period Edenville will retain all its ownership rights, shareholdings and control of its coal deposit along with control and ownership of its two Tanzanian companies, Edenville International Tanzania Ltd and Edenville Power Tanzania Ltd.

[tidy 2] 24/1/2017 09:53

The new and advanced technology will generate electricity at a higher efficiency and output, enabling us to meet growing demand of Sarawak's organic load. http://www.power-technology.com/news/newssarawak-energy-ge-and-sinohydro-to-build-400mw-ccgt-block-in-malaysia-5653787

[stealive] 24/1/2017 09:48

Lol let's see if a RNS is out. Are you in AST?

[telbap] 24/1/2017 09:44

Me, just tiny top up, now got just shy of a million.

[stealive] 24/1/2017 09:43

1 trade has gone through. Any of you guys done it?

[yaki] 24/1/2017 09:28

tidy2
Are you serious?? - 2...Sinohydro developed and built Tancoal's power plant"

They only signed a MoU, same non binding document as here!!! Sinohydro hedging their bets?
hxxps://www.miningreview.com/news/intra-energy-signs-mou-jointly-develop-270-mw-power-station-tanzania/

Whether that leads to BFS and when is a different matter. Good 5-10 years ahead


tidy 224 Jan '17 - 08:43 - 8344 of 8348 0 0
Tancoal is Tanzania's largest coal miner with circa 430m T.

EDL has 173m T on 1/7th of their acreage with the likelihood of it being at least twice the size of Tancoal.

Sinohydro developed and built Tancoal's power plant and yesterday EDL announced Sino will be doing the same for them etc etc.

[recordz] 24/1/2017 09:25

Anyone know how many tons of coal EDL can dig up and load onto lorries per day at the moment.?

[stealive] 24/1/2017 09:17

Buys now coming in

[lightmyarse] 24/1/2017 09:06

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.

[tidy 2] 24/1/2017 08:43

Tancoal is Tanzania's largest coal miner with circa 430m T. EDL has 173m T on 1/7th of their acreage with the likelihood of it being at least twice the size of Tancoal. Sinohydro developed and built Tancoal's power plant and yesterday EDL announced Sino will be doing the same for them etc etc.

[telbap] 24/1/2017 08:40

Big drop off, shake out some loose ones.

[wolfcub] 24/1/2017 08:19

Looking strong here today . GLA

[teacup] 24/1/2017 08:07

Open up blue and then drop it to try and encourage sellers. There are just too many buyers who will want in. This is heading a lot higher and there is good money to be made on the spikes and dips

[ch4p_85] 24/1/2017 08:02

We are losing poweerrrrrr noooooooo

[miahkaysor] 24/1/2017 08:01

Glenkaz, don't do aim? Made you're money in NUOG did you?? Anyways nice to see you here.

[glenkaz] 24/1/2017 07:38

Nice £26k buy late just popped up Gla!

[thehitman1] 23/1/2017 23:55

Tidy, you ramper!!!.

[tidy 2] 23/1/2017 23:35

SOLG again did you mean?

[tidy 2] 23/1/2017 22:33

I'm getting the impression this power plant will be up and running before Sino's agreement runs out. In the mean time we shall be producing and cash positive this Quarter. Compare to SXX who have 5 years and £2bn of groundwork before they can even touch their resource.This is looking very tasty. Within Two years power plant completed. Sino will not hang around. They've done their DD during H2 2016 and to be fair the ship has been tight; saying that it was ominois spreadex closing the short position last Friday. News did come as expected but not for the contracts so this really is looking like a news rich period we have entered. Several contracts will now follow so will the share price stay stable or fluctuate madly? I don't fancy trading as the upside removes the risk of trading for me, how about you....

[glenkaz] 23/1/2017 22:26

Wow! Booooooooomage! Slog again! Not in as don't do aim but..... Re rate and big on yer way wow! 😃

[tidy 2] 23/1/2017 22:20

Sinohydro (Chinese: is a Chinese state-owned hydropower engineering and construction company. In the 2012 Engineering News-Record Top 225 Global Contractors, a ranking by annual revenue, the company is 14th by overall position, and 6th among Chinese construction companies.[1] As of June 2015 it ranks 4th among Chinese companies for disposal of fixed assets.[2]

[tidy 2] 23/1/2017 21:06

SINOHYDRO is committed to creating value on a long-term basis by working with our customers, partners and local communities toward shared goals. Meanwhile, in support of corporate development, we will continue investing in our industrial assets to strengthen and improve our expertise and technology in the growing energy markets.SINOHYDRO was established in China as a state-owned hydropower project contractor during the 1950s. Nevertheless, with foresight and prudent decision-making on strategy, SINOHYDRO continues extending and its business lines along the construction chain. SINOHYDRO is a driving force behind China's industrial development, playing a leading role in enterprise technical innovations, management system reforms and international business development.Our 130,000 employees make up a versatile professional team providing one-stop services of financing, engineering, purchasing, implementation and operation of projects of power, water conservancy, transport infrastructure and civil works such as public/private buildings or facilities that comprise key points of local economic development.The underlying trends of emerging economies are urban development, including a growing need for transportation infrastructure and energy resources. We believe these trends will open up business opportunities over the long term. During the past half-century of operation, our business strategy has focused on high-growth sectors of energy and transport infrastructures. At the moment, SINOHYDRO has projects under construction in more than 80 countries in Asia, Africa and America, with prospective new markets in Eastern Europe.While inheriting the Chinese millenarian tradition for controlling water, SINOHYDRO loyally carries forward Chinese philosophy to pursue growth with a determined focus on people and harmony. We faithfully hold that our core values of reliability and innovation are crucial in achieving sustainable growth by balancing the challenges between economic development and environmental protection. With the vision of becoming a world market leader, we practice long-term economic and social responsibility.SINOHYDRO appreciates and greatly values the trust, assistance and cooperation of our clients and partners, both at home and abroad: These add to the strength for our success. We wish to express our sincere thanks for the confidence you have shown in choosing SINOHYDRO as your ally for win-win cooperation.Looking toward the future, we will continue embracing the challenges of globalization, taking further steps in the international marketplace. We look forward to wider collaboration with all our customers and partners on a basis of mutual understanding, win-win solutions and co-development. For SINOHYDRO, the future is full of opportunity and risk, yet the idea of "building a sustainable world" is always kept in mind.