Edenville Energy Share Discussion Threads

[someuwin] 01/6/2023 10:17

Q Global Commodities Group taking 29%.

GMI taking 20%

JB becoming CEO

Billionaire entrepreneur Quinton van der Burgh becoming chairman

38.8m shares on admission so mkt cap at 8p only £3.1m

New Warrants exercisable at 25p.

Whatever their plans are, I'm getting onboard for the ride!

[whoppy] 01/6/2023 10:17

Look at the chart. EDL were 20-30p prior to running out of cash and problems. They now have new backers with deep pockets and Jason Brewer who's work ethic and mining experience and contacts will push EDL towards being a significant coal producer in Tanzania. He has stated MARU will be a £100m mcap miner. The guy knows how to do it. EDL can be a £100m mcap miner. Currently £2m mcap.

[gardenboy] 01/6/2023 09:52

Might see NeoEnergy Metals incorporated here too who knows ?

[whoppy] 01/6/2023 09:47

He won't want to be exec director of two AIM mining companies. Might aswell consolidate the G&A costs into one.

[gardenboy] 01/6/2023 09:44

Shuka Resources new name for EDL. MARU separate listing completely

[whoppy] 01/6/2023 09:42

MARU are looking to list on AIM. Jason Brewer is now exec director of EDL. Can quite easily RTO assets into EDL and call it Marula. 25p warrants exercisable until May 24... 25 PENCE! share price could be 50p by then.

[gardenboy] 01/6/2023 09:37

No MARU will remain completely separate focusing on battery metals

[whoppy] 01/6/2023 09:37

EDL mcap £2m
MARU £10m

[whoppy] 01/6/2023 09:28

I thought that. I reckon they will. EDL virtually a cash shell. EDL compliments MARU. MARU gone from 2p to 10p in 6 months. Rukwa on it's own is a huge coal asset. MARU has battery metal projects all over Africa and big backers that have just taken over EDL. Newsflow will be thick and fast.

[someuwin] 01/6/2023 09:26

This is now looking very interesting. Wonder if they'll abandon the planned Maru AIM listing and reverse the Maru assets into EDL?

[whoppy] 01/6/2023 09:24

25p warrants exercisable until 25th May 2024. Hmmm must think this will be 25p in less than 12 months.

[manual dexterity] 01/6/2023 09:14

The placing has been taken. It is not P.I so market is very positive in this. Some interesting developments.

[gardenboy] 01/6/2023 09:14

Company will be renamed as Shuka Resources

[johnjames876] 01/6/2023 09:02

5p placing

[manual dexterity] 01/6/2023 08:35

This mining entrepreneur has come on board.

[bad gateway] 01/6/2023 08:13

A development.
Sound like bigger players in the industry than present management.

[blue59] 18/5/2023 11:21

Could be MMs justifying their existence.

[jameshendrix2023] 18/5/2023 10:50

Ramdom shiity spike

[nasarsaddique] 18/5/2023 09:46

Has something leaked or is this just a random spike?

[scoots] 11/4/2023 09:05

Let's face it. They are never going to make serious money by pratting about with coal. Unless they accidentally find diamonds, silver, or gold we are all screwed.

[blue59] 04/4/2023 11:08

Indeed, so much so that someone has taken the window of opportunity and dumped their whole holding of 30 shares!

[scoots] 04/4/2023 09:24

Wow, we are flying today

[scoots] 31/3/2023 13:42

My local coal man does more business and he only works part time.