Edenville Energy Share Discussion Threads

[whoppy] 16/6/2023 11:00

25p warrants exercisable within 12 months. They at least know where this will be. Probably 50p.

[gardenboy] 16/6/2023 11:00

It's always possible there could be a very large cash injection here if QGC take the coal assets private

[bargainbuyer] 16/6/2023 10:51

I just think the market cap is laughable considering £1.5 mill raised and the corporate developments we have seen and will contiue to see.
Could very well multi this one.

[tomboyb] 16/6/2023 10:51

50k max at 9.45p -

[someuwin] 16/6/2023 10:46

Been adding here.

[tomboyb] 16/6/2023 10:39

200k here -

Lets see what where it goes -

[tomboyb] 16/6/2023 10:36

here we go -

[tomboyb] 16/6/2023 10:32

50k taken at 8.96p -

Double figures today -

[yaki] 16/6/2023 08:44

blue59

good point but technicalities of any RTO into EDL are not trivial, as far as I know.

Having said that, there are many cheaper shells too, why EDL? SA coal magnate link makes sense but as I said there are many projects in TZ and area such as Moz, Bots that can be had way cheaper.

Eg Tancoal was only sodl very recently for very little, and is not that far from Mtwara!

Oh well, we will see

blue59 16 Jun '23 - 08:07 - 13600 of 13602

yaki - What does EDL have that Marula wants? An AIM listing (and some coal as a bonus)!!

[gardenboy] 16/6/2023 08:09

You may have this wrong. QGC get an AIM listing

[whoppy] 16/6/2023 08:08

143M tonnes of coal has something to do with it. At $50 a tonne net profit.

[blue59] 16/6/2023 08:07

yaki - What does EDL have that Marula wants? An AIM listing (and some coal as a bonus)!!

[yaki] 16/6/2023 07:41

BB

Thanks, was trying to understand, as JB himself mentioned 15x in his Indaba talk!

I have a small stake here and wondering whether to add, or exit!

Will research a bit more but choice of EDL for the SA coal magnate is strange. Rukwa is in the middle of nowhere and sure there were way better coal projects, closer to transport links and key customers, both in TZ and in the region!


BargainBuyer 15 Jun '23 - 17:50 - 13596 of 13598

You could be right Yaki, I seem to have been wrong footed by their 52wk low on the ADVFN site.
But hey, I’m still impressed by Brewer and co and happy to have followed them in here.

[scoots] 15/6/2023 18:47

Lots of buys showing as sells.

[whoppy] 15/6/2023 18:32

Seem to be calling it Shuka Minerals now.

[bargainbuyer] 15/6/2023 17:50

You could be right Yaki, I seem to have been wrong footed by their 52wk low on the ADVFN site.
But hey, I’m still impressed by Brewer and co and happy to have followed them in here.

[yaki] 15/6/2023 16:47

BB
Is it 1000%? As I see straight after consol, was 2.5p - up to 12.5 - more like 400%

Also JB mentioned 15 x at his Indaba presentation. Was the price lower than 2p post consol? Am I missing smth?


BargainBuyer 15 Jun '23 - 13:26 - 13593 of 13594

Brewer says he is going to turn EDL into ‘something special.’
Billionaire investor onboard with 25p warrants.
I’m not going to bet against the new team here and so i suspect 150% rise is fairly conservative.
Look what the same team have done at MARU. Over 1,000% so far in short order.

[gardenboy] 15/6/2023 13:35

Yes circular to be released soon before the GM

[bargainbuyer] 15/6/2023 13:26

Brewer says he is going to turn EDL into ‘something special.’
Billionaire investor onboard with 25p warrants.
I’m not going to bet against the new team here and so i suspect 150% rise is fairly conservative.
Look what the same team have done at MARU. Over 1,000% so far in short order.

[whoppy] 15/6/2023 11:58

May get further news of plans before the GM to ensure shareholder backing.

[blue59] 15/6/2023 11:56

I'm expecting a 150% rise from here within a month (but I'm also used to being disappointed)..