Share Name Share Symbol Market Type Share ISIN Share Description
Edenville LSE:EDL London Ordinary Share GB00BD0S4T13 ORD 0.02P
  Price Change % Change Share Price Shares Traded Last Trade
  +0.00p +0.00% 0.05p 1,230 08:00:00
Bid Price Offer Price High Price Low Price Open Price
0.04p 0.06p 0.05p 0.05p 0.05p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining -1.19 -0.11 0.8

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Date Time Title Posts
21/3/201909:53Edenville - 201011,198
14/6/201809:42Edenville Energy interview1
13/3/201814:53Edenville Energy, con or contentment? 131
07/5/201709:05Google Synohydro Gabon1

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Edenville Daily Update: Edenville is listed in the Mining sector of the London Stock Exchange with ticker EDL. The last closing price for Edenville was 0.05p.
Edenville has a 4 week average price of 0.04p and a 12 week average price of 0.04p.
The 1 year high share price is 0.57p while the 1 year low share price is currently 0.04p.
There are currently 1,648,261,562 shares in issue and the average daily traded volume is 1,332,612 shares. The market capitalisation of Edenville is £824,130.78.
tomboyb: Admittedly the share price looks horrendous - So some news desperately required here -
tomboyb: Well they have been given a loan that is convertible at 0.29p 5x current share price to the tune of $900k -
tomboyb: EDL have that loan at 0.29p 4x current share price - Was missed by market so lets see where it does go from here - It does provide EDL with funds to the tune of $900k -
tomboyb: Rns out - Lind also providing a loan that can be converted at 0.29! 0.077p to buy!
scoots: Snippet from above...... I and my fellow directors believe the current share price and market capitalisation of the company does not reflect this. So why, oh why are they not buying fistfulls of shares at this lowly level?
novicetrade68: 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.
whoppy: For a tiny Mcap they've got financing and a way to pay the loan back in cash, with a backstop being the issue of shares. The facility doesn't have to be used to the max, and with $750k being immediately available and production due to be ramped up, and now 24hr mining, then I am sure that the first part of the loan can be covered by revenue at $45k per month repayments, otherwise the loan would not have been forthcoming. I'm sure the option of issuing shares is there for Lind, who if they see that their loan can be paid may elect to take shares, instead of cash, and profit from any increase in the share price. There is a base of 0.29p of the issue price to Lind, so the share price should be north of that if it's attractive to take the shares. Increased production should see that possible. I would think there are some bigger coal contracts due to be signed.
markettimer: Whoppy it is normal market reaction for the market price to fall near to or to the share placing price. Because the shares were not placed via Primarybid retail shareholders did not have the opportunity to take part in the placing. It is only now that the share price has fallen to 0.35p on the offer that we can now buy at the same price as the people who took part in the share placing. Shares in previous share placing were at 0.60p and the latest ones at 0.35p which is not doing us long term loyal shareholders any good at all. mt ---------------------------------------------------------------------------------- I can't believe these are at the placing price. Why would an investor put £750k in, if they didn't think EDL would get contracts signed. It's been a while since they said they were finalising contracts so would expect news any day. Probably before AGM. The coal is still there and the balance sheet strengthened. May have to buy some more at this crazy price.
therealtonythetiger: ICYMI hxxps:// 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
bibdaddy: Interesting post from Jogonson on III board with reference to the recent KIBO RNS.... posts some decent opinions and sense.... so can't take the credit but thought I would share, I hope he/ she doesn't mind. Kibo language around the licensing is very fluffy and as such I read the situation as follows:. 1. Edenville's mining licence (once granted) will be one of only 3 in Tanzania. For whatever reason, the Tanzanian authorities may not want to grant another one so similar to Kibo thereby doubling administrative work but more importantly creating a competitive environment between two companies that should be working together for the people of Tanzania. 3. So once EDL have the licence they are in the driving seat and Kibo may even be told to speak to EDL. SEPCO will start the JV discussions and EDL will hold the Ace card. 4. SEPCOii & SEPCOiii will turn out to be related and say to Kibo we need you to do a deal with EDL. 5. A JV will be announced between SEPCO, EDL and Kibo. 6. EDL share price will rerate as RCPP is their main activity whereas Kibo have already had their surge of interest and other projects also balance out their MCAP. 7. So the big money to be made is here whereas Kibo is probably safer. 8. Every day this moves on EDL becomes more and more attractive. 9. These talks are probably going on right now but as with all things in Africa, until it is done, there is nothing certain.
Edenville share price data is direct from the London Stock Exchange
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