Edenville Energy Share Discussion Threads

[therealtonythetiger] 20/8/2020 09:15

Hows that 200% going ??

[zxie] 20/8/2020 09:11

I don't know why?red

[nasarsaddique] 20/8/2020 08:23

Two of the best bits from today's RNS, which I thought required pointing out...Finally, as previously announced, Edenville recently received pre-payment for coal from an existing customer. This order has been satisfied with Edenville meeting its obligations. The coal is ready for collection, pending the arrival of the client's trucks at site."Prior to this the Company expects to finalise and enter into the previously outlined Sales & Marketing Agreement, which will see ILTL take on an anchor tenancy of up to 5,000 tonnes per month of washed coal, whilst also using its logistics and distribution network to complement Edenville's existing efforts to expand its sales.

[zxie] 20/8/2020 08:19

More buy in

[bulletstar] 20/8/2020 08:04

Yea please

[zxie] 20/8/2020 07:49

200% today

[zxie] 20/8/2020 07:41

Looking forward

[therealtonythetiger] 20/8/2020 07:25

Thursday 20 August, 2020
Edenville Energy PLC
Rukwa Operations Update
RNS Number : 6370W
Edenville Energy PLC
20 August 2020

20 August 2020

EDENVILLE ENERGY PLC

("Edenville" or the "Company")

Rukwa Operations Update

Edenville Energy Plc (AIM: EDL), is pleased to provide a short update on operations at its Rukwa Coal Project in southwest Tanzania (the "Project" or "Rukwa").

The Company is pleased to advise the wash plant at Rukwa recommenced operations on 19 August 2020, following on from the recommencement of mining activities in the Northern Pit on 3 August 2020.

Edenville can also confirm that the required repairs and upgrades to both the main access road and also the road from the northern pit to the wash plant have now been completed following the damage caused by the unusually heavy rainy season earlier this year.

Finally, as previously announced, Edenville recently received pre-payment for coal from an existing customer. This order has been satisfied with Edenville meeting its obligations. The coal is ready for collection, pending the arrival of the client's trucks at site.

Commenting, CEO of Edenville Alistair Muir, said:

"With the wash plant being reactivated, the site is now operational for the ongoing mining and processing of Rukwa coal, ahead of the upcoming handover of operations to our strategic partner Infrastructure Logistics Tanzania Limited ("ILTL") on 1 September 2020.

"Prior to this the Company expects to finalise and enter into the previously outlined Sales & Marketing Agreement, which will see ILTL take on an anchor tenancy of up to 5,000 tonnes per month of washed coal, whilst also using its logistics and distribution network to complement Edenville's existing efforts to expand its sales.

"I look forward to providing shareholders with further updates in due course."

[therealtonythetiger] 17/8/2020 16:43

Hope so mate

[nasarsaddique] 17/8/2020 16:06

I would assume a mid-day holding RNS would mean they have finished selling for now

[therealtonythetiger] 17/8/2020 15:59

They still have a few shares left..

[nasarsaddique] 17/8/2020 15:31

Holdings RNS, looks like intertrader has finished selling, share price should rise now

[therealtonythetiger] 14/8/2020 22:20

Looks like an overspill from the ARC minerals private Twitter group turned up on LSE today :-)

[letmepass] 12/8/2020 13:50

Hiw much money can they bleed from this company

[cricket mad] 11/8/2020 11:47

For those wanting a detailed information on the wider African Energy position and strategy; and an indepth look at Tanzania Energy needs, then please take a walk through the attached link and you can also download the document. The Executive Summary finishes with the paragraph below and throughout the detail the importance of growing the electricity grid is so important. Coal usage and demand will remain and grow up to 2040 but other energy sources will feed into the growing demand. An interesting read.

Last paragraph: Africa’s energy future is not preordained: many pathways are possible, but effective policy choices can guide the continent to a more inclusive and sustainable energy future and accelerate its economic and industrial development. The choices that lead in this direction vary, reflecting the different resource endowments and starting points across a very diverse African energy landscape. Some have full access to modern energy services within their grasp, while others have much further to go, or are struggling with instability or a legacy of conflict. But there are reasons for optimism, both from the dynamism of Africa’s energy sector and from the technologies that offer a cost-effective way to meet rising demand in a sustainable way. Whether and how African countries take advantage of these opportunities will depend in large part on the way that energy policies evolve. With the right institutional and policy foundations, a well-functioning energy sector can be the cornerstone of economic development and make a huge difference in the lives of Africa’s people.
hxxps://www.iea.org/articles/tanzania-energy-outlook

[therealtonythetiger] 10/8/2020 16:43

Not a bad finish +16% but spread needs to close

[therealtonythetiger] 10/8/2020 12:37

And just like that back to zero...lolol

[therealtonythetiger] 10/8/2020 11:40

:-) ... 0.6 would be better tho..

[bulletstar] 10/8/2020 11:22

Sorry meant 0.06...my bad...lol

[therealtonythetiger] 10/8/2020 10:51

Need to get by 0.06 first

[bulletstar] 10/8/2020 10:32

This needs to pass 0.6..

[therealtonythetiger] 10/8/2020 10:22

Some nice buying going on just need the BOD to keep us updated throughout the month..