Edenville Energy Share Discussion Threads

[jacksonpollack] 26/9/2015 20:51

Give it up sausage. Remember, end of September for the licence you said, lol. Now that's not happening what is the next date you want to pluck from the sky. Lol.

[sausageonastick] 25/9/2015 14:46

On the move in the last hour or so.

[sausageonastick] 25/9/2015 11:52

Jacksonpollack

Listen to the audio of the interview between Rufus and DirectorsTalk. Rufus stated end of September. Edenville have provided a timely update stating

"It is expected that all further requested information will be provided by the end of September 2015.......Subsequent to the final review of the additional information, there will be an administrative process completed by the MEM."

So paperwork in, review it, rubber stamp it and then announce it. The only question is will this be before or after the elections on the 25th October.

RNS also stated "During September, several meetings have taken place with potential EPC partners, including, amongst others, very positive further meetings with Shandong Electric Power Construction No.2 Company (SEPCO2) and other potential partners in China."

No one is ramping, just reiterating what Edenville state.

[garfield8] 25/9/2015 08:05

Strong buy risk / reward very good here. Mining news in a month or so, Chinese partner also you've got to love this price.

[12bn12bn] 25/9/2015 07:52

I don't think two short planks even describes the level of stupidity displayed!

[jacksonpollack] 25/9/2015 07:06

See all the rampers have gone quiet now. So much for licence by end of September. The ramper worms have once more gone back under ground lol.

[12bn12bn] 24/9/2015 13:55

You obviously did not read the RNS so end of September discussion is now pointless apart from you banging on about it.

[sausageonastick] 23/9/2015 12:16

"subsequent to the final review of the additional information, there will be an administrative process completed by the MEM. The Company continues to work with Tansheq and the MEM to progress the application to its completion"


No problems foreseen with the licence.

[jotoha2] 23/9/2015 10:38

Doc , if you want to see what world class assets and prospects can do for your health , take a look at CDC one of the biggest scams on AIM from a multiple crook working in the city , they will take your Balls of if you are a little simple in this game.

[whoppy] 23/9/2015 10:35

Edenville Energy positive on its test programme

By BFN News | 07:54 AM | Wednesday 23 September, 2015

Factsheet Edenville Energy PLC Ord 0.02P (EDL)


Edenville Energy (AIM:EDL), the company developing a coal to power project in south western Tanzania, has announced a loss for the six months ended 30 June 2015 of £421,819 (2014 H1: £533,265). It said there had been positive results from the surface test-pit programme in January demonstrating a significant quantity of high quality near surface coal. Sally Schofield, non-executive chairman, commented: "We are pleased with the level of progress that the company has made over the last six months, continuing along our path of developing the Rukwa Coal to Power Project. "The major milestone of commencing the formal review of the Rukwa Power Plant Feasiblity Study by the MEM and Tanesco and the submission of our mining licence application moves us ever closer to the development stage of the project. "We look forward to making further progress during the rest of the year, in particular with regard to the selection of EPC and financial partners."

[jotoha2] 23/9/2015 10:34

Block all you like Doc , suggest you block your bank account , money down the drain here old boy, like little piggies to the market , ouch!

[sausageonastick] 23/9/2015 10:01

Great RNS today. All info in by next Wed, MEM check it off and then an admin process before sign off. Licence before election?

[drmaccers] 23/9/2015 08:55

Jotoha another liar to be blocked it seems

[royalgv] 23/9/2015 08:52

Well the market is very unimpressed it seems.

[jotoha2] 23/9/2015 08:44

This company is not worth what you guys are hoping for , they have no cash , and coal in the ground will never be used , the boys from the east will not proceed , so any license will not shift the share price above maybe a few percentage points ,and this purely to allow mm to dump some stock on you.

[12bn12bn] 23/9/2015 07:52

just so no arguments start about what was said!

Interim Results for the Six Months Ended 30 June 2015

Edenville Energy plc (AIM:EDL), the company developing a coal to power project in south western Tanzania, is pleased to announce its unaudited Interim Results for the six months ended 30 June 2015.

Financial Highlights
· £7,966,776 net assets (2014 H1: £8,801,728)
· £421,819 loss (2014 H1: £533,265)
· £337,032 cash reserves (2014 H1:£995,483)
· Continued focus on cost management with the relinquishment of four non-core prospecting licenses in March 2015, producing estimated savings of approximately US$1 million over the next 12 months, as provided for and disclosed in the December 2014 annual accounts
· Placing completed in April 2015 of 625,000,000 new ordinary shares at a price of 0.04 pence per share raising £250,000, together with the issue of 625,000,000 warrants exercisable at 0.054 pence per warrant.

Operational Highlights
· Positive results from surface test-pit programme in January demonstrating a significant quantity of high quality near surface coal
· Publication of positive Power Plant Feasibility Study confirming the commercial viability of a coal-fired power station located at the Rukwa Coal Project
· Board reorganisation in June 2015 to reflect the needs of the business going forward: Mark Pryor was appointed Chief Operating Officer whilst Sally Schofield became Non-Executive Chairman; former Finance Director Rakesh Patel stepped down from the Board
· Submission of the Mining Licence application to the Tanzanian Ministry of Mining, Energy and Minerals

Post period Highlights
· Exercise of 158,750,000 warrants in aggregate, at 0.054p per warrant providing proceeds of £85,725
· Placing completed of 500,000,000 new ordinary shares at a price of 0.05 pence per share raising £250,000 in July 2015, together with the issue of 500,000,000 warrants exerciseable at 0.0675p per warrant.
· Commenced review process of Rukwa Power Plant Feasibility Study with Tanzania's Ministry Energy & Minerals and Tanesco
· Commenced a water survey and sampling programme to provide data for the Power Plant EIA
· Ongoing exploration programme producing results
· Significant progress being made with potential EPC (Engineering, Procurement and Construction) and financial partners

At 30 June 2015, the Company had cash reserves of £337,032. In July 2015, the Company raised £250,000 from a placing of 500,000,000 shares. Post period end, the Company saw the exercise of 158,750,000 warrants at 0.054p per warrant raising a further £85,725.

[drmaccers] 23/9/2015 07:21

So mining licence on track. Tick box final process about to be undertaken. Happy days!!You can be they have an off take lined up after the mining licence granted

[tees maar khan] 23/9/2015 07:17

There we have it pollack communication from Rufus Short.TMK

[12bn12bn] 22/9/2015 22:41

Twtter and bisted as share price is 1/5 of what it was 2 years ago.
Typical PI out for a quick profit and then blames the BoD.
See it all the time.
Sympathy can be found between sh1t and Syphilis in the dictionary.

[drmaccers] 22/9/2015 22:33

Fishy boy has been filtered. He is vileHe lost his money and he wants everyone else to lose so he feels it wasn't his fault. Wahwah Back to EDL then..Yes the CEO had stated the mining licence usually takes about 3 months he was advised so the would be end of sept. Clearly not everyone is the day so a bit of leeway into oct but any longer and I'd like to see him explain the delay

[tees maar khan] 22/9/2015 22:32

Jacksonpollack - either you have some underlying issues or perhaps you just get a kick out of posting utter nonsense.

Positive news flow that everyone is waiting for will boost the EDL share price.

TMK

[garfield8] 22/9/2015 22:29

Two ways to look at this, you have lost alot of money or are trying to de ramp to get in even lower lol.