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Share Name Share Symbol Market Type Share ISIN Share Description
Edenville LSE:EDL London Ordinary Share GB00BD0S4T13 ORD 0.02P
  Price Change % Change Share Price Shares Traded Last Trade
  +0.00p +0.00% 0.135p 100 05:00:01
Bid Price Offer Price High Price Low Price Open Price
0.12p 0.15p 0.135p 0.135p 0.135p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining -1.19 -0.11 2.1

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Date Time Title Posts
16/1/201911:50Edenville - 201011,084
14/6/201809:42Edenville Energy interview1
13/3/201814:53Edenville Energy, con or contentment? 131
07/5/201709:05Google Synohydro Gabon1

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Edenville Daily Update: Edenville is listed in the Mining sector of the London Stock Exchange with ticker EDL. The last closing price for Edenville was 0.14p.
Edenville has a 4 week average price of 0.12p and a 12 week average price of 0.12p.
The 1 year high share price is 0.64p while the 1 year low share price is currently 0.12p.
There are currently 1,547,746,370 shares in issue and the average daily traded volume is 4,885,680 shares. The market capitalisation of Edenville is £2,089,457.60.
novicetrade68: Hate to admit it, but I'm pretty sure Jackson-p has been correct all along, this company is a complete con, not even the pretense to act in the interest of shareholders. Every time new 'milestones are being achieved', and now there is a new loan shark too who will not hold more than 30% of the company at any given time, so a lot more CTRL-P{EDL-SHARE} The share price will probably still spike from time to time to draw in the unsuspecting who'll effectively cough up for the companies G&A. Like HER, EDL will probably end up with something like 10,900,000,000 shares in issue. And worst of all, I fear indeed the BoD really wouldn't lose a second of sleep when they issue 500,000,000 shares in one go at a price of say 0.07p (half todays) if it keeps them going for another 2-3 months.
whoppy: For a tiny Mcap they've got financing and a way to pay the loan back in cash, with a backstop being the issue of shares. The facility doesn't have to be used to the max, and with $750k being immediately available and production due to be ramped up, and now 24hr mining, then I am sure that the first part of the loan can be covered by revenue at $45k per month repayments, otherwise the loan would not have been forthcoming. I'm sure the option of issuing shares is there for Lind, who if they see that their loan can be paid may elect to take shares, instead of cash, and profit from any increase in the share price. There is a base of 0.29p of the issue price to Lind, so the share price should be north of that if it's attractive to take the shares. Increased production should see that possible. I would think there are some bigger coal contracts due to be signed.
wooster4: I find it strange how the share price did not react at all to the rns stating that we had submitted our proposal for tender, yet the price gets smashed when there is a delay.
glasswala: Having now been to my first EDL AGM and meeting Both Rufus Short & Jeffery Malaihollo I have changed my perception somewhat. They were genuinely frustrated with the current share price being so low considering that the most recent RNS was the most exciting and most transformative thing to have happened in Tanzania as this now gives the country funds to progress the energy shortage that it faced. Many questions were raised and to my frustration answered although not always to my liking. Such as share placing at such huge discounts so forth.... They were/ are still having issues with transporting coal at a reasonable price but this is an issue all miners are facing as we were told at the meeting. The aim is to ramp up production to 10K per month by year end - lets hope this time around rainy season does not affect their plans. Coal production be they "coal fines" or "various sized coal" is being sold at commercial rates but once again no indication of what they mean by Commercial Rates achieved per tonnes. So your guess is as good as mine!! Riftcot off take agreement is a dead ringer as nothing is happening there compared to what they envisaged for this contract. The Coal Project should be viewed as what it is a "long Term Project" as it is not going to happen overnight (it takes a minimum of 3-5 years).
glasswala: The PR for this company is abysmal. There is an absolute lack of communication with shareholders which is the real crux of the matter with this company. The timescales even factoring in that this is Africa timescales are pretty awful as well.. The YE report is still not forthcoming even though we are in June 2018 - This is one of the latest reporting date for the last 5 years - This is poor absolutely poor. The share price is going down everyday and instead of the usual mantra that Rufus keeps banging on about added shareholders value all I can see is that the BOD are decimating shareholders value. Come on EDL BOD get your house in order you damned Charlatans.
markettimer: Whoppy it is normal market reaction for the market price to fall near to or to the share placing price. Because the shares were not placed via Primarybid retail shareholders did not have the opportunity to take part in the placing. It is only now that the share price has fallen to 0.35p on the offer that we can now buy at the same price as the people who took part in the share placing. Shares in previous share placing were at 0.60p and the latest ones at 0.35p which is not doing us long term loyal shareholders any good at all. mt ---------------------------------------------------------------------------------- I can't believe these are at the placing price. Why would an investor put £750k in, if they didn't think EDL would get contracts signed. It's been a while since they said they were finalising contracts so would expect news any day. Probably before AGM. The coal is still there and the balance sheet strengthened. May have to buy some more at this crazy price.
jacksonpollack: Old news, but gives an insight into world coal sales and price. Just need a bod who know what they are doing and whoof, the share price would take off. Sadly Edl has clowns in charge. 2016 was an exceptional year for coal prices. The period of decline which began in 2011, was interrupted by the rapid growth. Coal prices grew by 7-10 percent in November continuing a 24-29 percent growth in October. Since January, when the price of coal reached a 10-year low, coal prices have rebounded by about 100 percent. This situation is attributable to several factors. First, it is the consequence of an implemented policy in China which aimed at reducing harmful emissions. China is the largest coal consumer and coal producer at the same time. The reduction in own-grown production led to the increase in coal imports. Second, not only China reduced its coal mining. Indian coal industry also had hard times. The strike of miners led to the crisis in the industry. The market was not ready for that and, as result, coal prices immediately began to soar. Leading international agencies made the following predictions of future coal price change: The World Bank in its July commodity forecast report estimated that the price for coal will rise in 2016 to $58/mt against $57.5/mt in 2015. After that, the price will fall in 2017 to $55/mt. And since 2018, it will grow slowly. The IMF's June report revealed a different forecast. The IMF’s experts predict a growth in 2017 to $83.7/mt and a slight drop in 2018 to $76.2/mt.
therealtonythetiger: ICYMI hxxps:// Edenville Energy (Ticker #EDL - Share Price 0.6p) is a listed AIM company, focused on the Rukwa Coal to Power Project in Tanzania. The company have signed an MOU with Sinohydro of China who will complete a BFS, whilst recently started coal production, which will allow them to grow the business organically, but prior to that they have raised £1.25m via a placing at 0.6p (with warrants attached at 0.8p), giving the company a total of 1,336,227,798 shares in issue and a market cap of just under £8m. Over the last few months, the company has purchased a Wash Plant, a crusher and appointed a wash plant engineer, the wash plant is now fully operational and the Company recently started treating coal through its wash plant and once up to full production, currently anticipated to be in January 2018, and utilising the current plant and equipment levels, the Company anticipates production volumes of at least 10,000 to 15,000 tonnes of coal per month on a single shift. these figures could increase up to 25,000 and 30,000 tonnes on a double shift. Edenville has entered into a Coal Offtake Agreement with Riftcot Limited, Riftcot is a leading supplier of coal to the East Africa market. the agreement is for Riftcot to purchase, at a recognised commercial market price (no less than 5% of market price), up to 75 per cent of the Company's Rukwa Coal Project's yearly production and will run for an initial term of five years commencing in October 2017. Projected Revenues expected from the sale of Coal are in the region of $400,000 to $500,000 a month, equivalent to $6,000,000 a year for a production figure of 10,000 tonnes of coal per month, with profit margins expected to be around $100,000 to $200,000 a month, that is $2,400,000 profit a year. These numbers could double and more if and when the company start working double shifts and increase production to up to 30,000 tonnes a month, yielding revenues of around $1,500,000 a month, that's around $18,000,000 revenue a year. Having said the above Edenville history is filled with disappointment, failures and pie in sky type RNSs, Tanzanian legislative changes, sentiment at its lowest, the share price on a downtrend and many long term shareholders are left frustrated and feeling negative about their investment and the company. However that is what makes Edenville appealing at these levels, a company on the verge of starting coal production, expecting revenues and cash flow from their Rukwa Coal project, and further development on the coal to power project. One can easily see why Edenville has all the ingredients of a recovery play; a company that has a market cap of £8m, sentiment at its lowest, share price just under the recent placing, you can see why Edenville is appealing to those risk adverse and savvy investors, with the company on the verge of turning the corner with coal production this month, fully funded for the current operations and revenues stream expected to reach $500,000 a month (£390,000 a month) it is certainly looking very appealing and has the potential to make the early birds a healthy return, as and when the production and revenue updates start flowing. The idea on AIM is to buy when the market isn't too bothered, sentiment at its lowest, and plenty of triggers and expected news flow that can and should lighten up the share price and spring it back to life, these triggers for EDL could be orders from Riftcot for coal delivery, new off take agreements, or even updates on the development of the BFS with Sinohydro. But as ever nothing is certain on AIM, I hold a position in this company, all of the above information is taken from either the RNSs or the recent Webinar (click here to see it) with the CEO Rufus Short. it is advisable to do your own Due Diligence and your own research before you invest any money. God bless you all Bel
timw3: ----------- EDL>> Impact of Sales revenue on the SP --------------------------------------------------------------------- Total Coal Reserves Tonnes >>> 173,000,000,000 Monthly Out put 5K -- 8K (RNS 6 March 2017) >>> 7000 Price of coal per Tonne >>> $77.00 Monthly income from coal sales >>> $539,000.00 Estimated Annualgross revenue >>> $6,468,000.00 Cost of production of coal >>> $15.00 Drilling = 2$/T, Blasting = 5$/T,Washing Cost = 1 $/T, Loading = 7 $ /T data from Teck Resources Limited, 2015 Annual Operating Profit / EBDIT >>> $3,948,000.00 EBDIT multiple for market cap >>> 25 Estimated market cap in US$ >>> $98,700,000 Exchange Rate Per US$ >>> £0.7666 hxxp:// Estimated market cap in GB£ >>> £75,663,420 Total Diluted equity(Shares in issue + Unexcercised warrants & Options) >>> 1,341,918,352 Effect of profits from sale of Coal on the Share Price of EDL shares in GB£ >>> £0.05638 Effect of profits from sale of Coal on the Share Price of EDL shares in GBX >>> 5.638
bibdaddy: Interesting post from Jogonson on III board with reference to the recent KIBO RNS.... posts some decent opinions and sense.... so can't take the credit but thought I would share, I hope he/ she doesn't mind. Kibo language around the licensing is very fluffy and as such I read the situation as follows:. 1. Edenville's mining licence (once granted) will be one of only 3 in Tanzania. For whatever reason, the Tanzanian authorities may not want to grant another one so similar to Kibo thereby doubling administrative work but more importantly creating a competitive environment between two companies that should be working together for the people of Tanzania. 3. So once EDL have the licence they are in the driving seat and Kibo may even be told to speak to EDL. SEPCO will start the JV discussions and EDL will hold the Ace card. 4. SEPCOii & SEPCOiii will turn out to be related and say to Kibo we need you to do a deal with EDL. 5. A JV will be announced between SEPCO, EDL and Kibo. 6. EDL share price will rerate as RCPP is their main activity whereas Kibo have already had their surge of interest and other projects also balance out their MCAP. 7. So the big money to be made is here whereas Kibo is probably safer. 8. Every day this moves on EDL becomes more and more attractive. 9. These talks are probably going on right now but as with all things in Africa, until it is done, there is nothing certain.
Edenville share price data is direct from the London Stock Exchange
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