Edenville Energy Share Discussion Threads

[dudleym1975] 04/10/2017 07:35

Rufus not afraid to do a placing Placees have already sold into the market at 0.7+Other holders get shaftedMass exodus this morning and rightly soPeople should get into kibo mining it's as simple as that

[bibdaddy] 04/10/2017 07:24

Agreed Jas..another placing in December for the Christmas party

[jaspoland] 04/10/2017 07:20

9028 - I wouldn't be so sure with that statement

[niceyman1] 04/10/2017 07:19

Buy the dip! Good news last placing then cash positive!

[bibdaddy] 04/10/2017 07:12

Couldn't organise a bonk in a brothel!!

It's oversubscribed...of course it is its heavily discounted....super salesman!

[the deacon] 04/10/2017 07:10

What a cowboy outfit this lot is. EDL will never change

[tmmalik] 04/10/2017 07:08

Placing -idiots

[therealtonythetiger] 03/10/2017 15:28

Added more at 0.69

[glasswala] 03/10/2017 14:40

Why would they do that Barney?? They have been given a special licence and land to mine their own by Tanzanian government

[barneygumble27] 03/10/2017 13:45

EDL could do with a contract from dangote cement

[1madmarky] 01/10/2017 15:30

Ok, just read the last 1000 or so posts, even the more colourful ones. Very common theme, over promise or lie and under deliver. No explanation as to why there seemed to be no motivation to sell unwashed coal. Oh well fingers crossed for next week

[1madmarky] 01/10/2017 09:19

From the RNS "Following commissioning, the wash plant will process material to fulfil requests for coal that have already been made." - so to me that suggests small scale local demand is going to be satisfied this week. No idea of the price but normally small orders cost more per unit than large ones. But it will be an income.

Then we have " Several major industrial users have also requested test shipments and we will be dispatching these over the coming weeks." - so if the report on the qualities of the coal is accurate, then we should be able to haggle a reasonable price .

Links for price of coal
hxxp://tanzania.opendataforafrica.org/xfakeuc/coal-prices-forecast-long-term-2017-to-2030-data-and-charts



From previous company RNSs I'm sure I saw the figure $30 mentioned. Am I missing something? As from the links it looks like a 100% markup is certainly possible from just supplying the coal. Other than it being Tanzania there must be other issues.

[jacksonpollack] 29/9/2017 19:11

dbno. Well said. It's what I have said too on numerous occasions, only to be shot at by the mass of rampers here. He seems the weakest link in the chain, but creaming a fortune in wages and bonuses over the years and into the future as he has and is here, he won't be going anytime soon.

[dbno] 29/9/2017 15:58

It is beginning to look as though nothing will send this share price markedly upwards until Rufus is shown the door and told to empty his desk.

[geoffmanana] 29/9/2017 13:53

Exactly Stevie.

[stevie050] 29/9/2017 12:34

Market decidedly underwhelmed ! But TBH any other news would have been very poor. It is all about contracts, they have to now prove they can actually sell some coal ! Then and only then will the company have any value. GLA

[derano1] 29/9/2017 12:34

This is excellent news??

[geoffmanana] 29/9/2017 09:36

Totally agree with the above posts, but I suppose the news we had this morning was expected. We would have got hammered if there had been a delay.....a no win really.
But this is a big step forward for EDL and everything is now in place.
We just need the contracts going forward,as 1MadMarky posted "it's a show me the money situation". Once we reach that stage it should be go go go.
I would have thought this is a great time to add, but I have enough already.
GLA

[aussieb3] 29/9/2017 09:09

With such a low mcap with all the coal they got , just hold and wait and eventually were make some good money.

[1madmarky] 29/9/2017 09:07

Agreed, derisked a little more. I guess it's a show me the money situation. Once money is coming in the share price will react.... hopefully

[aussieb3] 29/9/2017 08:57

Really can't understand people selling on that news, within a few weeks to a month were probably have potential buyers of the coal then generating revenue

[jaspoland] 29/9/2017 08:53

Need to break .80 before we can get too excited. It's coming together though

[dlewis1] 29/9/2017 08:32

Not time to be selling these at all. All the best to the serious holders. Will be adding more with this news if the price drops.

[geoffmanana] 29/9/2017 08:19

Contracts now please.