Edenville Energy Share Discussion Threads

[therealtonythetiger] 24/8/2018 16:51

Thanks Cric.. A DM search showed an article from 2017 !!!

[telbap] 24/8/2018 07:56

Maybe the pick has turned and we are off to the races???

[telbap] 24/8/2018 07:55

....ahhhhh... the wind of chance JP, blows gently through your post.....

[cricket mad] 24/8/2018 07:21

here you go

hxxps://www.pressreader.com/uk/daily-mail/20180823/283021170527874

[therealtonythetiger] 23/8/2018 18:21

geoff..link.. ??

[geoffmanana] 23/8/2018 13:05

Stock Watch in Daily Mail this morning.

[whoppy] 23/8/2018 10:40

After consolidating the last few weeks, should breeze up into the 0.4p's

[jacksonpollack] 23/8/2018 08:41

There is only one guarantee here ... Dufus will come out of it smiling and a lot richer, whether or not the company succeeds

[telbap] 23/8/2018 07:59

Glass.....I understand being guarded in not showing contract values, but this is very elastic.Up to 4000tonnesNo price per tonneIt's hard to know when we will ever break even.

[glasswala] 22/8/2018 13:06

I attended the AGM and can therefore say that Rufus and the board have surely delivered on a contract (which they were guarded to give any precise details about at the AGM due to insider trading rules)albeit below the 10,000 tonnes that was implied by the previous RNS's.

The price is definitely being guarded very closely by the company (I can only assume for competitive reasons)and this will hopefully come to light after the interim/annual accounts next year.

The hope is that there is no further dilution which was intimated at the AGM but this is aim and things can change very rapidly here!!

The directors salaries need to be kept in check considering that no real return have been given to date to the shareholders and the directors cannot just keep milking the company for more and more without delivering a return to the owners of the company!

The new wash plant and screening equipment should once fully operational deliver more saleable tonnage and increase the monthly production to 10K per RNS's previously as well as recent ones!

The transport situation - which we were told at the AGM is a big problem in Africa and I hope it has been resolved and that more tonnage can be delivered as at present 50 tonnes a day only equates to 1500 tonnes a month (using 30 days and each one being a working day) which is far from the 4000 tonnes stipulated by today's RNS!

[telbap] 22/8/2018 12:29

They need to end the value of the contract......until then Mr. Market has no true idea what this contract is actually worth, add to which, as pointed out in the recent article (link posted previously by another poster today) they have only mined 5700 tonnes from May to August..... big step up to 4K pm plus others.....maybe I am expecting too much too soon. Certainly a step in the right direction, towards no more dilution.

[spmc] 22/8/2018 10:56

Good write up:

[datait] 22/8/2018 09:56

nothing new at all.

[jacksonpollack] 22/8/2018 08:55

Same old, same old. More caught in the Edl trap.

[letmepass] 22/8/2018 08:15

Down she goes until next news

[9tintin] 22/8/2018 08:14

Is this a new customer or the same as the one mentioned in the February RNS - supplying 4,000 tons?

As usual news is short(sic) on detail,,,,,,,,,,,,,,

I hold shares in EDL

tintin

[philjeans] 22/8/2018 08:08

A small contract - but you have to start somewhere!

The first of many.

[philjeans] 22/8/2018 08:05

Excellent news - easy bagger here now!

[therealtonythetiger] 22/8/2018 07:08

Edenville Energy plc (AIM: EDL), the company developing a coal project in southwest Tanzania, is pleased to announce that it has signed a contract with an East African industrial group (the "Customer") for the supply of up to 4,000 tonnes of coal per month on the terms set out below:



· The contract duration is for a period of two years;

Coal will be supplied with a gross calorific value greater than 4,800 kCal/kg; and pricing, based on calorific content, has been agreed and is based on local commercial rates.
Edenville have been working with the Customer through 2018 to optimise the product and transport options. The upgrades currently being undertaken at the Company's project site will ensure this contract along with our other customer deliveries can be met.
Commenting, Rufus Short, CEO of Edenville said, "I am very pleased our team have been able to work alongside this customer to ensure their needs are met and that the Company can look forward to supplying the Customer coal for at least the next two years. I look forward to providing further updates on the progress of the operation as we expand and enter into further contracts."

[1madmarky] 22/8/2018 07:07

By George I think his landed a contract!

Note the "up to " part of the statement. But it's a contract none the less.
GLA

[electrick] 22/8/2018 07:03

Morning

Progress.