Edenville Energy Share Discussion Threads

[jacksonpollack] 22/1/2019 11:22

Wow, just when you think things at EDL couldn't sink any lower. Now we are under the threat of suspension, possible loss of shares and being booted off of AIM. It's a good way to scare many into selling and drive the share price even further down. Well done bod's. Remember DOR who went to another exchange index that forced many invested to scramble about to find another broker who actually dealt with that exchange? Why are the authorities not looking at this? Or maybe they are, who knows.

[papillon] 16/1/2019 11:50

Jacksonpollack 16 Jan '19 - 11:11 - 11082 of 11083
0 0 0
Is this con still going?

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

YES!!!!! BUT HOPEFULLY NOT FOR MUCH LONGER!!!!!!

[scoots] 16/1/2019 11:33

What can we do?

[jacksonpollack] 16/1/2019 11:11

Is this con still going?

[novicetrade68] 14/1/2019 22:03

Hate to admit it, but I'm pretty sure Jackson-p has been correct all along, this company is a complete con, not even the pretense to act in the interest of shareholders. Every time new 'milestones are being achieved', and now there is a new loan shark too who will not hold more than 30% of the company at any given time, so a lot more CTRL-P{EDL-SHARE}

The share price will probably still spike from time to time to draw in the unsuspecting who'll effectively cough up for the companies G&A. Like HER, EDL will probably end up with something like 10,900,000,000 shares in issue.

And worst of all, I fear indeed the BoD really wouldn't lose a second of sleep when they issue 500,000,000 shares in one go at a price of say 0.07p (half todays) if it keeps them going for another 2-3 months.

[geoffmanana] 14/1/2019 09:52

Unfortunately for us holders very few people trust this company now.
As Jacksonpollack posted above there has been no meaningful figures.
The bod are paying themselves a fortune and then coming running to raise more money.
I still have 4m of these shares with very little chance of getting my money back.
You can't win them all!!!!

[jacksonpollack] 14/1/2019 09:24

And the market acts accordingly, lol. Still no figures from these clowns. Just another BZM. The money runs out and the bod's run away.

[geoffmanana] 14/1/2019 08:56

Yes, but wait for the placement.

[bibdaddy] 14/1/2019 07:37

A very positive RNS!

[therealtonythetiger] 14/1/2019 07:15

Project Update
Edenville Energy plc (AIM: EDL), the company developing a coal project in southwest Tanzania, is pleased to provide its latest update on developments at the Company's Rukwa Coal Project (the "Project").



As stated in the announcements made on 6 November 2018, 17 December 2018 and 20 December 2018 the net proceeds of the US$750,000 Initial Loan from Lind are being used by the Company for a number of purposes. This includes the purchase of a second excavator to open up the new mining area to the north of the current excavations. The Company is pleased to confirm that this second excavator has now been acquired and together with the existing excavator and four additional hired haul trucks, is in operation at the Company's Project site.



These vehicles are currently all being employed to increase the amount of material being mined from the existing pit, but the newly acquired second excavator and associated haul trucks will shortly move to the new northern mining area to begin opening this up. The mobile in-pit lighting to allow 24 hour per day operation in the existing pit has been installed, further increasing the Company's mining capacity.



As stated on 17 December 2018 the land compensation process and required regulatory documents for the northern mining area were completed and submitted by the Company to the relevant Tanzanian Government authorities. The Company is pleased to confirm that the relevant government authorities have now provided their approval and land compensation payments are being made, together with detailed delineation of the northern mining area being undertaken. The Company anticipates that mining of the new northern area will commence shortly and will provide further updates regarding progress as soon as practicable.



As announced on 20 December 2018, the Lamella clarifier water treatment plant is now fully operational and has been delivering the anticipated improvements to both water qualities in the plant process and in the return ponds, leading to increased coal processing plant productivity.



Construction of the pre-screening plant and conveyors, designed to remove the majority of coal fines before they reach the washing circuit, is now complete and the plant is now undergoing testing. Alongside this testing, further refinements are being made to the feed hopper. It is expected that the pre-screen plant will be fully integrated into the Company's washed coal production process by the end of January 2019.



Management believe that these developments, when complete, will increase that amount of washed can that can be produced from the Project and the Company looks forward to providing further updates as matters progress.

[jacksonpollack] 08/1/2019 20:52

Is this con still going?

[jacksonpollack] 03/1/2019 09:38

Is this con still going?

[jacksonpollack] 28/12/2018 14:33

And down she goes!!!

[scoots] 28/12/2018 10:07

Sorry, missed a few zeros. Should read 3000%

[scoots] 27/12/2018 15:42

Let me know when it's plus 3%

[telbap] 27/12/2018 15:38

Plus 30% and no one looking?

[jacksonpollack] 26/12/2018 14:48

Is this con still going?

[glasswala] 21/12/2018 13:57

It's beggars belief but no reply from the BOD to my email. No acknowledgement either. Absolutely abysmal!!

[jacksonpollack] 20/12/2018 23:19

Is this con still going!?

[scoots] 19/12/2018 11:42

I like what you say Glasswala and hope that you do indeed get some answers, although I rather doubt that you will. As for Rufus leaving, the sad fact is that none of the existing board of directors would be any better in charge.

[glasswala] 18/12/2018 14:57

Email sent to company today by me... let see if they reply or will they ignore and be flippant as usual and ignore us long standing shareholders.


Dear Rufus & Jeffrey,

As per yesterday's RNS of 17 December 2018

- Extremely disappointed to note that you have only managed to sell just over 4,000 tonnes over a 3 month period from Sept 2018 to Dec 2018. How can you justify your salaries when you cannot even manage to fulfill your obligations with all that the coal orders that are sitting with you.

- The RNS of 9th October 2018 - mentioned that EDL have won contracts of 8000 tonnes but you cannot even supply/sell more than 2000 tonnes at present. How are you going to fulfill your commitments and are there costs associated with non fulfillment of contractual obligations?

When will I as a shareholder see any returns or are you just going to keep paying yourselves unjustifiable levels of salaries without a care in the world for us long standing shareholders who have supported the company just waste away.

Do you have any morals or are you so bloody obtuse that you do not give a damn about anyone else but yourselves.

Why have the directors never purchased shares ( and Rufus do not quote your paltry 3M odd shares) as I have more than you. How can others be confident about the company if the directors do not seem to have any confidence as they refuse to buy shares and just keep bleeding the company dry with exaggerated salaries knowing well that its not going to survive and might as well milk it whilst there is opportunity to do so.

Why quote exaggerated orders when you cannot fulfill these.

How will you be able to repay the loan that has just been taken out if you cannot sell more than 2000 tones in a month.

The company value has been decimated in the last 6 months as you have failed to convert the orders into reality as you do not have the experience to handle a fast growing company which has so much potential.

We have lost confidence in you and you should leave immediately so that the company can appoint someone that can progress this company and reach its potential.

[telbap] 18/12/2018 14:56

Datit.........you have to be kidding right?You pulled a random post from 4 months ago and paste it here today totally out of any and all context except what suits your immediate agenda.Your name is certainly your mom de plume.