Edenville Energy Share Discussion Threads

[woolybadger62] 27/6/2019 08:42

All going to end in tears as it has done in the past

[woolybadger62] 27/6/2019 08:42

Donkey da tit

[datait] 27/6/2019 08:30

Can sell no problem mm's want stock, not easy to buy watch this shoot upwards soon folks.

[datait] 27/6/2019 08:28

Fill your boots and big knickers if you know whats good for you.

[nasarsaddique] 27/6/2019 08:10

I'm holding 27.5 million shares, you can have some of them but at minimum 0.5p but I'd prefer 1.0p :D

[whoppy] 27/6/2019 08:10

Better quality coal 40m thick and only 2m from the surface. Looks like they will be doing 6k tonnes a month in no time with less washing and less fine coal. A nice kicker is that the plant can deal with all types of origin coal and is able to process the fines which means less coal going to stockpile and more for production and sales. Even the fine coal is yielding decent coal with another 10k tonnes abled to be processed with the new plant. Then we have new contracts for washed coal and fine coal available, which sounds like there will be more orders.

[therealtonythetiger] 27/6/2019 08:09

Nice RNS progress being made here at long last.
We do need some more news on "potential customers" to keep the momentum going tho.

[datait] 27/6/2019 08:03

not easy to buy ffs

[telbap] 27/6/2019 07:55

Next pump up by the dufus.......amazing he is still getting away with it.....The next mega raise will be here soon, they will need more diggers and more bonus money.Possible short term rise but be warned they will rinse you again.

[cahus] 27/6/2019 07:38

Nasar we are a producing coal miner with revenue already yet surprisingly low valuation.... won't be long now to be multiple of what current mcap is... imho

[nasarsaddique] 27/6/2019 07:32

RNS Number : 5618DEdenville Energy PLC27 June 2019 27 June 2019Edenville Energy PLC("Edenville" or the "Company) Commencement of Mining at the Northern Area Edenville Energy Plc (AIM: EDL), the AIM quoted company developing a coal project in southwest Tanzania, is pleased to announce the commencement of mining at the new northern mining area (the "Northern Area") of its flagship Rukwa Coal Project (the "Project") together with other recent Project developments. Highlights · Access and haul road to the Northern Area (2km north of current pit) completed ahead of schedule;· Overburden stripping and exposing of coal has now commenced in the Northern Area;· Northern Area has thicker seams (in areas up to 40m thick starting about 2 meters from surface) than those previously mined;· The wash plant has started batch processing of fine coal stockpiles through the pre-screen, enabling approximately 40% of the fine coal stockpiles to be reclassified as sized coal product, available for washing or direct sale; and· Analysis of this screened, but unwashed coal, is returning values of approximately 5,000 kcal/kg. Following the completion of the work carried out on the haul road which runs from the plant to the Northern Area, mining has commenced in the Northern Area. Overburden has been removed to allow access to the coal seam and the coal is being progressively exposed for excavation and transport to the wash plant. The Directors believe the coal from the Northern Area has the potential to provide greater yields and better qualities than areas mined previously. Batch processing of fine coal from the stockpiles through the pre-screen has produced encouraging results which show approximately 40% of the stockpiled fine coal can be reclassified as sized coal product, which will be available for washing or direct sale. Whilst recoveries can be variable due to the origin of the fine coal, the Company believes that use of the pre-screen can reclaim a significant amount of saleable material from the existing fine coal stockpiles, possibly up to 10,000 tonnes of saleable coal. This coal has been analysed with results of 5,000kcal/kg being achieved. This is close to the calorific value of some of the Company's washed coal enabling this recovered coal to either be fed through the wash plant to further upgrade the product or, if the quality is appropriate, to be sold directly without washing. It should be noted that calorific values will vary depending on the origin of the coal being processed, but the Company is encouraged by these initial results. Going forward, these results indicate the pre-screening process should be able to increase the coal available to be washed by an amount comparable to the results achieved from the initial processing, again depending on the nature of the coal being processed. Correspondingly, the amount of fine coal sent to stockpiles should reduce. The Company remains in discussions with potential buyers of fine coal. Other opportunities available to the Company with regards to sales of fine coal are also still being assessed. Rufus Short, Chief Executive Officer of Edenville, commented: "We are delighted to have commenced mining at the Northern Area following the receipt of proceeds from the recent placing. "We will continue to push forward with the Northern Area which, coupled with the recent plant improvements we have made, should enable us to increase production. We believe Edenville is on track to become cashflow positive within the next 10 months, targeting an initial washed coal production of 6,000 tonnes per month, which we consider to be a breakeven level, increasing to 10,000+ tonnes per month thereafter. I look forward to providing further updates regarding progress at the Project." This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

[nasarsaddique] 26/6/2019 12:55

Looks like we have a consistent seller who is hell bent on keeping the share price down, every time it looks as if we are heading back up, they come in and sell a tiny number of shares.

[letmepass] 25/6/2019 11:56

Haha LMFAO.. This is a cash cow.. Dead in the water

[datait] 22/6/2019 14:57

Lol buy oil will shoot up soon enough

[datait] 22/6/2019 06:40

Sounds like your the one losing and taking it bad lol

[coldspring] 21/6/2019 11:55

Hi Tony, all going well here I see. Liberal use of the C word is a clear indicator of that. I warned on this last week and you called me a troll. This company is toast, get out of it while you can. When is the next fundraise scheduled for?

[telbap] 21/6/2019 11:28

That end of year report is comedy gold. Look back over the lasts 2 years reports. They are rinsing our the share holders here , all you have to dink's look back over previous RNS and eoy reports.

[datait] 21/6/2019 10:05

Think about it folks 10 months and in profit thats good news so you will do very well to fill up now and wait for the rewards as many have no patience. Buy cheap as you wont get many chances like this again.

[datait] 21/6/2019 09:59

fill your boots and big knickers if you know whats good for you.

[datait] 21/6/2019 09:43

Had to buy would have been rude not too hehehehehe