Edenville Energy Share Discussion Threads

[jacksonpollack] 22/11/2017 08:34

And so it continues. Jam next year.

[therealtonythetiger] 21/11/2017 17:08

Why, why, why Delilah
So before they come to break down the door
Forgive me Delilah I just couldn't take any more...

[dbno] 21/11/2017 14:53

Then why oh why aren't we flying ??

[glasswala] 21/11/2017 12:57

The guys who bought in at .60p must either be very unhappy as there holdings are below their cost (but this is aim so they would have got 30% tax relief on the investment if done via an EIS scheme) or have they already sold out and us Pi's are left holding the proverbial empty can once again!!

[geoffmanana] 20/11/2017 22:28

Where are these contracts that were promised?

[stevie050] 20/11/2017 13:39

Seems to be no interest here whatsoever.

[potter25] 17/11/2017 12:14

TonyRealTonyTheTiger agree with this Zumba character very suspect in his constant posting! Then again his/ her presence is very assuring of whats to come...gla

[glasswala] 17/11/2017 10:53

TRTTT,

You have heard of the Bond movie Tomorrow Never Dies. In EDL's case it would be renamed as Tomorrow Never Comes!!!

[therealtonythetiger] 16/11/2017 18:14

oh Look another flat day quelle surprise... More buys than sells all week but stuck at 0.6...
Oh well the RNS tomorrow should get it motoring...

[jacksonpollack] 16/11/2017 16:35

Down again. Jam next year

[potter25] 14/11/2017 21:07

TheRealTonyTheTiger agree some fairly significant sized trades going through. Been like this for 3 weeks large delayed buy trades. Make whatever you will of it but this is getting interesting indeed.. gla

[jacksonpollack] 14/11/2017 18:56

Confident, lol. This has turned into a 10% up and down share. Whoever bought the 7.5m shares will sell them for a nice 10% profit.

[therealtonythetiger] 14/11/2017 17:39

Someone is confident...
14-Nov-17 08:08:52 0.6175 7,500,000 Buy* 0.58 0.62 £46.31k

[dbno] 14/11/2017 15:37

Chuckle, chuckle

[potter25] 14/11/2017 13:05

And you claim to be a holder!! Now that is funny..

[potter25] 14/11/2017 10:54

Nice to see some decent buys. Come on Rufus give us a our coal contact news..

[jacksonpollack] 14/11/2017 08:00

Lol, TRTTT. The idea on AIM is to buy when the market isn't too bothered. Going by that statement, the ideal time to buy into EDL has been anytime over the past 8 years. The market certainly isn't, and never has been bothered here. Jam next year.

[therealtonythetiger] 13/11/2017 14:44

ICYMI
hxxps://www.momentum-trading.co.uk/single-post/2017/10/31/Edenville-Energy

Edenville Energy (Ticker #EDL - Share Price 0.6p) is a listed AIM company, focused on the Rukwa Coal to Power Project in Tanzania. The company have signed an MOU with Sinohydro of China who will complete a BFS, whilst recently started coal production, which will allow them to grow the business organically, but prior to that they have raised £1.25m via a placing at 0.6p (with warrants attached at 0.8p), giving the company a total of 1,336,227,798 shares in issue and a market cap of just under £8m.

Over the last few months, the company has purchased a Wash Plant, a crusher and appointed a wash plant engineer, the wash plant is now fully operational and the Company recently started treating coal through its wash plant and once up to full production, currently anticipated to be in January 2018, and utilising the current plant and equipment levels, the Company anticipates production volumes of at least 10,000 to 15,000 tonnes of coal per month on a single shift. these figures could increase up to 25,000 and 30,000 tonnes on a double shift.

Edenville has entered into a Coal Offtake Agreement with Riftcot Limited, Riftcot is a leading supplier of coal to the East Africa market. the agreement is for Riftcot to purchase, at a recognised commercial market price (no less than 5% of market price), up to 75 per cent of the Company's Rukwa Coal Project's yearly production and will run for an initial term of five years commencing in October 2017.

Projected Revenues expected from the sale of Coal are in the region of $400,000 to $500,000 a month, equivalent to $6,000,000 a year for a production figure of 10,000 tonnes of coal per month, with profit margins expected to be around $100,000 to $200,000 a month, that is $2,400,000 profit a year. These numbers could double and more if and when the company start working double shifts and increase production to up to 30,000 tonnes a month, yielding revenues of around $1,500,000 a month, that's around $18,000,000 revenue a year.

Having said the above Edenville history is filled with disappointment, failures and pie in sky type RNSs, Tanzanian legislative changes, sentiment at its lowest, the share price on a downtrend and many long term shareholders are left frustrated and feeling negative about their investment and the company. However that is what makes Edenville appealing at these levels, a company on the verge of starting coal production, expecting revenues and cash flow from their Rukwa Coal project, and further development on the coal to power project. One can easily see why Edenville has all the ingredients of a recovery play; a company that has a market cap of £8m, sentiment at its lowest, share price just under the recent placing, you can see why Edenville is appealing to those risk adverse and savvy investors, with the company on the verge of turning the corner with coal production this month, fully funded for the current operations and revenues stream expected to reach $500,000 a month (£390,000 a month) it is certainly looking very appealing and has the potential to make the early birds a healthy return, as and when the production and revenue updates start flowing.

The idea on AIM is to buy when the market isn't too bothered, sentiment at its lowest, and plenty of triggers and expected news flow that can and should lighten up the share price and spring it back to life, these triggers for EDL could be orders from Riftcot for coal delivery, new off take agreements, or even updates on the development of the BFS with Sinohydro. But as ever nothing is certain on AIM, I hold a position in this company, all of the above information is taken from either the RNSs or the recent Webinar (click here to see it) with the CEO Rufus Short. it is advisable to do your own Due Diligence and your own research before you invest any money.

God bless you all
Bel