Edenville Energy Share Discussion Threads

[scoots] 04/2/2022 10:15

Looks to me like we are all suddenly working for Nextgen.

[blue59] 04/2/2022 08:49

And another!

Iceagefarmer - Just out of interest what did you read into that deal that you thought made it ‘good’? I have read it as being the equivalent of me giving all my possessions to someone to sell on eBay on condition they give me back 10% of whatever they claim they sell it for.
Maybe I’m wrong?!

[blue59] 03/2/2022 15:29

Is that a new all time share price low?

[iceagefarmer] 03/2/2022 13:47

looks very good deal...added

[roks] 03/2/2022 13:46

all quiet here

[nasarsaddique] 12/1/2022 07:39

RNS Number : 1297YEdenville Energy PLC12 January 2022 12 January 2022Edenville Energy Plc("Edenville" or the "Company")Appointment of BrokerEdenville Energy Plc (AIM: EDL) is pleased to announce the appointment of Tavira Securities Limited ("Tavira") as broker to the Company. Tavira has recruited senior personnel that managed the Edenville relationship for the Company's former broker, Brandon Hill Capital Limited ("Brandon Hill"), including Oliver Stansfield who is an approximate 5.2% shareholder in the Company. Brandon Hill has confirmed in writing its ongoing support to the Company in its capacity as an approximate 5.9% shareholder.Strand Hanson Limited who, as announced on 4 January 2022, had been acting as interim broker have relinquished that role and remain the Company's nominated and financial adviser.

[scoots] 24/12/2021 10:23

Merry Christmas everyone

[iceagefarmer] 06/12/2021 22:20

masonfreeparty
4 minutes ago (edited)
japan is stockpiling coal for hydrogen manufacturing allegedly...but really its to heat their homes when the grand solar minimum intensifies..i can see a stockmarket collapse in the hi tech renewables when folk realise they are pretty much useless during a cold sun winter...oil,gas and coal will be king again..oh and dont forget cornish tin and copper ! strategic minerals isa good bet,vast resources,block energy and victoria oil for gas and edenville for coal

[scoots] 01/12/2021 09:21

"unsolicited approaches from potential customers"Nice

[nasarsaddique] 05/11/2021 15:46

Update on Rukwa operations for October released today - https://t.co/1skVDJC8Tk - plenty of ongoing activity at the Project site https://t.co/M3MXRHzY5qhttps://twitter.com/EdenvilleEnergy/status/1456602135290863621?t=9VohplZcIfvnwevESW98hw&s=19

[nasarsaddique] 05/11/2021 15:46

The Rukwa plant in operation (sorry for the video quality!) https://t.co/n3Xi1pgVsAhttps://twitter.com/EdenvilleEnergy/status/1456602957932339206?t=rAGvjRf-kdfNVJD438ybrQ&s=19

[nasarsaddique] 05/11/2021 07:31

RNS Number : 4280REdenville Energy PLC05 November 2021 5 November 2021 Edenville Energy Plc("Edenville" or the "Company") Rukwa Update Edenville Energy Plc (AIM: EDL) is pleased to provide an update regarding the Company's Rukwa Coal Project ("Rukwa" or the "Project") in southwest Tanzania for the month of October 2021, as it continues to ramp up production and sales to a targeted output of 3,000 tonnes per month of washed coal later this year. In October 2021, the Company mined 2,240 tonnes of Run of Mine (ROM) coal and produced 1,024 tonnes of washed coal through its wash plant, representing an increase of over 150% on the September 2021 figures. A further 7,680 tonnes of waste was also moved, thereby opening up greater access to the coal deposit. 1,069 tonnes of washed coal was sold domestically in October 2021, which included all of the month's production and part of the existing stockpile. The Company has received orders from its existing customers for 3,600 tonnes of washed coal for November 2021 and is pleased to report it has now expanded operations to a 12-hour per day shift to meet this increasing demand. The team on site are looking to reach and then maintain a daily production rate of 160 tonnes of washed coal, with production on 3 November 2021 being 140 tonnes and continuing to increase day by day. Discussions remain ongoing with additional customers and updates will be provided as appropriate. Edenville's CEO, Alistair Muir, visited the Project in Tanzania in October 2021 to inspect the site and plan with the Tanzanian staff the continuing expansion of production into 2022, as the Company continues to see a healthy interest in supply from the Tanzanian domestic market. Alistair Muir, CEO of Edenville, commented: "I am pleased to report further progress last month, with a significant increase in production, processing and sales following upgrades to the site in Q3 2021. I believe the Company remains on track to meet its stated objective of selling at a rate of 3,000 tonnes per month of washed coal by the end of the year."

[nasarsaddique] 03/11/2021 16:39

Coal miners profit from energy market turmoilhttps://www.ft.com/content/30415edc-1643-4334-a381-96ede6d88e2c

[nasarsaddique] 01/11/2021 12:02

US coal miners are 'sold out' for 2022 - where will they look to fulfill demand?https://www.mining.com/web/us-coal-miners-are-sold-out-for-2022/#:~:text=Almost%20every%20lump%20of%20coal,of%20the%20dirtiest%20fossil%20fuel.

[scoots] 01/11/2021 08:48

Wake up guys and gals, we're on a roll (chuckle, chuckle).

[nasarsaddique] 06/10/2021 07:30

RNS Number : 1261OEdenville Energy PLC06 October 2021 6 October 2021 Edenville Energy Plc("Edenville" or the "Company") Rukwa Update Edenville Energy Plc (AIM: EDL) is pleased to provide an update regarding the Company's Rukwa Coal Project ("Rukwa" or the "Project") in southwest Tanzania. Highlights - Mining and processing ramping up at Rukwa following site preparation- Over 400 tonnes of coal processed in last two weeks of September 2021- Targeting processing 3,000 tonnes a month of washed coal in the current quarter- Significant global coal price increase has further boosted interest and economics Following the closing of the Company's £2.475 million capital raise at the end of May 2021, Edenville has been focused on preparing the site to meet the expected demand for Rukwa coal. This work focused primarily on overburden pre-strip, with a total of 13,000 tonnes of material being removed in September 2021. This has also enabled a further 4,000 tonnes of Run of Mine ("ROM") coal to be delivered to the existing wash plant stockpile. More importantly, it has now provided access on an ongoing basis to coal from the Northern Zone of the Rukwa deposit. Following the overburden removal and the delivery of the remaining equipment and personnel necessary to recommence operations, during the second half of September 2021 the Company was able to run over 400 tonnes of coal through the wash plant. Mining and processing operations remain ongoing. The production achieved during the second half of September 2021 is already similar to the whole of H1 2021, as detailed in the Company's recently released interim results to 30 June 2021. As previously announced, during Q3 2021, Edenville received an order for up to 3,500 tonnes per month of washed coal, which the Company believes will result in an average monthly delivery of at least 2,000 tonnes per month. The Company's focus is to bring operations to an initial rate of processing 3,000 tonnes of washed coal per month in the current quarter. This will enable the Company to also satisfy an order of 600 tonnes per month of washed coal from one of its long-standing customers, who has advised Edenville it would like to recommence deliveries from November 2021 following a COVID-related forced closure during 2021. In addition, following recent positive trial shipments, the Company is in the process of providing further sample sizes to a potential customer in East Africa who has indicated a demand for 3,000 tonnes per month of washed coal upon confirmation of suitability. The existing processing facilities have a capacity of 12,500 tonnes per month and accordingly the Company is confident it will be able to satisfy any additional demand beyond the aforementioned orders. Further discussions have also been held with senior advisors to the Tanzanian Government during September 2021, with follow up meetings scheduled for October 2021. The Company has long held the belief that Rukwa has the potential to help address the power supply deficit within Tanzania and looks forward to continuing the discussions later this month. In addition, as previously announced, the Company continues to review additional investment and operational opportunities, following its recapitalisation earlier this year. Further announcements will be made as appropriate. Alistair Muir, CEO of Edenville, commented: "I am pleased to report operations are being ramped-up at Rukwa and I appreciate for many investors the delay has been frustrating. However, the Company elected to take a prudent approach, firstly recapitalising the Company and then ensuring operations and customers were in place before committing its resources to production. Those familiar with the Company will note that the production achieved during the second half of September 2021 is already similar to the whole of H1 2021, as outlined in the Company's recently released interim results to 30 June 2021. "We believe the Company is now well positioned to meet its internal production targets for the year end. Moreover, as additional customers are identified, Rukwa has the potential to expand operations further to meet this increased demand. Given the significant uplift in global coal prices, which have more than doubled during the last 12 months, we believe the economics and outlook for Rukwa have never been better."