Edenville Energy Share Discussion Threads

[werty5] 05/5/2016 13:48

Don't disagree there JP only way i would even think about putting money here would be if funding got secured. It don't look like suitable financers are queing up to lend funds either.

[jacksonpollack] 05/5/2016 10:29

Werty5 same can be said about edl. Never known such a poor bod and that's saying something with aim.

[werty5] 05/5/2016 01:44

Not sure what looks so great at Kibo looks like a classic pump and dump to me sharp rises followed by pullbacks to lower than the previous low. Slow death mixed in with some idiot trading junkie highs best avoided imho.

[stevie050] 04/5/2016 09:43

Ony a few weeks to the next placing.

[bibdaddy] 04/5/2016 07:21

May be EDL BOD should take a look at KIBO...

[dickiebird2] 27/4/2016 21:03

Must be a party coming up !!

[jacksonpollack] 27/4/2016 16:56

dbno, lol, lol. You're at it again. Lol. This is a wages machine and the only way the so called bod and I use the term bod in its loosest fashion, is going to fund their lavish wages is through placings.

[dbno] 27/4/2016 15:44

No more placings.

[jacksonpollack] 27/4/2016 15:16

Now wait for the placing its how these Muppets opperate

[whoppy] 27/4/2016 08:25

Obligations became due and so they had to say whether they were going to hold onto the licences and invest further money or relinquish them. With Rukwa on development they don't need the other licences. Rukwa is more than enough to be a company maker.

[rich2006] 27/4/2016 08:23

These leases they have just relinquished, if they really were not very mineralised, then why did they not relinquish them with the others that were relinquished last year.
Muppets that should be replaced IMO.

[bibdaddy] 27/4/2016 08:02

Brilliant only 16% down on opening, that means I only hold about a £10k loss....I wonder if the idiots that screwed up this company worry at night!! No they will run this into the ground and then walk away to set up another f+++ up!

[bibdaddy] 27/4/2016 07:33

now down 33%

[bibdaddy] 27/4/2016 07:32

down 16% pre trading

[whoppy] 27/4/2016 07:19

Those licences were acquired by the issue of shares back in 2010 and not cash. If they're uneconomic, then it's not the companies fault. It would seem foolish to continue to incur expenses when there is no prospect of a resource. The in the ground exploration asset for Rukwa is valued at £8.23m. Obviously once it's mined that value goes up.

[royalgv] 27/4/2016 07:08

Amateurs. Watch this free fall into oblivion now.

[oakville] 27/4/2016 07:07

Relinquishment of these licenses will reduce the Company's work and licence fee commitments over the next 12 months by approximately US$250,000 and allow managerial, technical and financial resources to be focused on the development of the Rukwa Coal to Power Project. As a result of the decision to relinquish these licence interests, an impairment charge, in accordance with the Company's accounting policies and IFRS, is expected to be made to the statement of comprehensive income in the Company's financial statements for the year ending 31 December 2016 of approximately GBP3.6 million. The Company's last reported Net Book Value of its Exploration and Evaluation assets including goodwill was GBP8.23 million as at 30 June 2015.

[glasswala] 22/4/2016 16:19

is there forward selling happening in anticipation of next fund raise. lots of round amounts being sold into

[glasswala] 22/4/2016 15:41

We are the mug punters giving into this charade

[glasswala] 22/4/2016 15:41

JP- you crack me also - the directors are so poor they have resorted to begging professionally- Who said charity does not pay!!

[jacksonpollack] 22/4/2016 14:26

Lol, lol. Stop it dbno you're cracking me up. Admin costs, sorry, wages are going to be covered by the shareholders as they always have been over the past 5 years of this non profit making company.