Edenville Energy Share Discussion Threads

[lightmyarse] 24/1/2017 20:06

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 15:51

Production decision made. http://www.worldofwallstreet.us/2011/04/brent-cooks-life-cycle-of-a-junior-mining-explorer.html

[teacup] 24/1/2017 15:47

KIBO a wealth destroyer.

[tidy 2] 24/1/2017 15:29

Sinohydro have been present in Tanzania since 2005 and has completed several construction contracts in road, water, and transport infrastructure. It is active in many African countries and has been responsible for the construction of coal and hydropower power plants, road construction and associated infrastructure in Kenya, Uganda, Zimbabwe and the DRC. Sinohydro has been the strategic cooperation partner of major Chinese financial institutes including China Exim Bank, China Development Bank, Sinosure and ICBC. With its deep understanding and relationship with Chinese funding organisations Sinohydro has also successfully assisted foreign governments and relevant authorities in obtaining funds from China for major development and infrastructure projects

[teacup] 24/1/2017 14:21

My take on this is that there is a lot to go around. Deals to be done, profit margins to think about. The truth is this is just way too big for EDL and Rufus in the long run. Considering all of the above the share price is going way beyond the current share price perhaps a 10 bagger or more from here. After that who knows. I expect to have withdrawn 70/80% of my holding within a year and will just let the remaining 20/30% run to see what happens.

[telbap] 24/1/2017 14:04

Teacup.......the closing line from the CEO was the next 6 to 12 months will be very busy.Don't expect anything like full production before this time, my money being on 12 months min.As stated in the interview they need a wash plant, personnel, contracts, commercial ties ups, and finaly, yes that nivarna or a power station.There will be fund raising along the way and the ultimate danger is if there is too much money at stake, if the pot they have is truely in the billions, then we will be extremely lucky to get anywhere near full potential here before it is sold for a lot, lot less.AIM and also Africa, not a lot of ultimate control.

[dbno] 24/1/2017 13:58

Why is everyone stuttering?

Why is everyone stuttering?

Why is everyone stuttering?

Why is everyone stuttering?

[wolfcub] 24/1/2017 13:57

Nothing wrong with being positive about an investment. And there is plenty to be positive about with EDL.

[teacup] 24/1/2017 13:54

i am going to say I am bullish rather than ramping

[teacup] 24/1/2017 13:52

The trial mining progressing well. Opening up other areas for coal production. Very exciting and busy time for the company. Engaging with government authorities. Small mining fleet initially to start production mining. Wash plant is relatively quick to assemble, a quick process. A very busy 6 months ahead. Busy busy busy things moving ahead after years of waiting whilst the share price has drifted down through inactivity and dilution. All that is about to go in reverse and up we go.

Yes I am ramping but only because there is a lot to ramp up. I have always said it as I see it with EDL.

[teacup] 24/1/2017 13:42

Interview from Rufus. Coal being mined now, steadily increasing production. Customers waiting for coal.

[tidy 2] 24/1/2017 13:31

INTERVIEW: Edenville Energy Plc A very exciting and extremely busy time for the company Edenville Energy PLC INTERVIEW: Edenville Energy Plc A very exciting and extremely busy time for the company Posted by: giles.arbor 24th January 2017 Edenville Energy Plc (LON:EDL) chief executive officer for Edenville Energy plc Rufus Short talks to directors talk about its agreement with Sinohydro Corporation. Rufus explains the significance to Edenville, how the partnership came about, how the Rukwa Coal Project is progressing and thoughts on the next few months of development for the company. Sinohydro have been present in Tanzania since 2005 and has completed several construction contracts in road, water, and transport infrastructure. It is active in many African countries and has been responsible for the construction of coal and hydropower power plants, road construction and associated infrastructure in Kenya, Uganda, Zimbabwe and the DRC. Sinohydro has been the strategic cooperation partner of major Chinese financial institutes including China Exim Bank, China Development Bank, Sinosure and ICBC. With its deep understanding and relationship with Chinese funding organisations Sinohydro has also successfully assisted foreign governments and relevant authorities in obtaining funds from China for major development and infrastructure projects. Edenville Energy plc is the holding company of a mineral exploration and development group focusing on energy commodity opportunities in Africa. The Group is led by a management team who have international experience of energy minerals and mining in emerging markets worldwide. The Group's objective is to undertake mineral exploration of its portfolio of assets and ultimately to increase the value of its assets through the development of these resources and where appropriate, commence production of these economically feasible assets. The Group's strategy will focus on working with local partners who will be actively engaged in the process of exploration. The Directors will utilise both internal and external expertise to develop the mineral assets while maintaining a disciplined asset

[tidy 2] 24/1/2017 13:27

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 13:26

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 13:25

https://goo.gl/6qa9ec Rufus in today's podcast. Sinohydro are leading the way to fast track plant development and we are stockpiling for sales to run concurrently now

[lightmyarse] 24/1/2017 13:22

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.

[113mike] 24/1/2017 13:04

When's the bull run starting?