Edenville Energy Share Discussion Threads

[newtoaim] 07/9/2020 12:29

No down Pmsl

[zxie] 04/9/2020 10:36

Come edl go 20%

[stockhunters] 04/9/2020 08:08

is the market waking up

[therealtonythetiger] 03/9/2020 16:37

Ok not a bad finish but i would like to say goodbye to the 6s

[therealtonythetiger] 03/9/2020 12:54

Cant seem to break out of this 0.045 - 0.065 rsnge. Til we get some actual coal price numbers then it may keep a lot of the big boys on the sidelines.

[daar] 03/9/2020 12:12

More I think

[zxie] 03/9/2020 11:53

0.10p today?

[knowing] 03/9/2020 11:50

Did you miss out diddums

[zxie] 03/9/2020 11:20

Go up today

[therealtonythetiger] 27/8/2020 11:18

sshhhh someone switched the bots off.. :-)

[amrishbhim] 26/8/2020 13:32

Me too, but these will go up,

[zxie] 26/8/2020 12:55

I'm a little disappointed with the EDL today.

[amrishbhim] 26/8/2020 12:38

Profit is low to the small margin of few percent but if you take the margin of the actual that you would get is around 18 and 25%, I worked on 3%, making a point that we should be all buying into this than those selling now. It's going to play like the gold shares and other mining companies who were penny shares and now worth several 100s of millions, this will do it.

[zxie] 26/8/2020 12:18

Low profits?

[amrishbhim] 26/8/2020 12:08

And that's just this 5000 tonnes, not counting Uganda and Rwanda numbers and the lowest price margin error to what the market is.

[amrishbhim] 26/8/2020 11:56

Coal prices are low than before like most commodities in the world but if you look at today average index price into dollars and understand the four type of coals that are used I've done the basic calculations.Turnover for this agreement is around $4 million dollars a year as to a small margin of error and price sold would work out at around $300-600 thousand gross profitIf you look at the higher end than the turnover could be seven million and gross profit margin around two and half million, One good reason here is, that east Africa as in general could buy EDL coal and in 24 months the numbers be very big for a company of this size. Break even should be the first task and I feel it be end 12 months, I'm expecting this as a 2p share price but short term will hit 0.5 if the company updates us regular or double.

[zxie] 26/8/2020 11:41

There are big buyers coming in. It's good.

[amrishbhim] 26/8/2020 11:32

There are several large buys coming in only issue we don't see them is because we need sells, there will be movement later as we have 25 million and 55 millions to add as well