EDL

[FUBAR@Birth]

Gotta be a matter of time Tony surely now for EDL

All,licences in Place

Coal washer and labs in place and commissioned

Road built

Pre orders in for sample from big companies
New website and U.K. based deal negotiators for contracts
Funded for now
Restriction in place by Tanzania that companies in their country must by coal from there and edl is only company with washed coal available.

Guess we just need to see some RnS’s with confirmation of contracts for supplies signed and ready

Fubs

[TONY THE TIGER]

Fubs..fwiw just topped up another £5k at 0.69 today.. I believe we are still waiting for the coal washer to be commissioned but rest all going along nicely.. Should be an interesting few weeks..Id be very F****** surprised if this doesnt break 1p in next few weeks..

[FUBAR@Birth]

Agree Tony but I haven’t increased my holding, I’ve stuck with what I have

Probably regret it knowing me !

[TONY THE TIGER]

Looks like i timed that one wrong.. I was expecting a raise but with positive news..
He cant drag this out for too long without sales...
Still this IS AIM

[FUBAR@Birth]

WEll it kind of hints of good news to come soon and plenty of it

I suppose he was taking chance to secure bit of cash for operating next few months before rise status

At least it seems to be bouncing back quickly from morning dipped

[TONY THE TIGER]

Fubs.. A good RNS today but we do need some meat on the bone ie buyers of the coal..
The shop is open for business..

[FUBAR@Birth]

Absolutely Tony

Great news that edl are now officially Tanzania’s only washed coal producer. Bit disappointing it never resulted in even a small rise but I guess the money is in the contracts yet to come.

A couple of big juicy ones would do by end of October or into November to get this sp on the move.

3p would be nice but that’s maybe asking a lot

[TONY THE TIGER]

Interesting..
Edenville Energy plc (AIM:EDL), the company developing a coal project in southwest Tanzania, is pleased to announce that it has entered into a Coal Offtake Agreement (the "Agreement") with Riftcot Limited ("Riftcot").

https://www.investegate.co.uk/edenville ... 00031285T/

http://www.riftcot.com/

[FUBAR@Birth]

Certainly is Tony

Nice little deal if they do take the full 75% and get good market rate for it. Rifcot have close links to the cement industry as well so that could also be interesting in coming weeks.

I’m wondering why they have also got into this deal with the U.K. based dealer though if they have already hived off 75% to rifcot. I suppose it could be to trade the remaining 25%

Either way it’s a solid rns and gives a steadying hand to the company and its bank balance. With no current debt,I’m hoping that once this batch of shares from the placing is churned throughth that we start to see a steadying climb up to a more decent level, but wondering if we might have to wait till 3 months and the next quarterlies come out with some tangible figures of how much they are making. Hope not though.

[TONY THE TIGER]

If this doesnt hit 1p in the coming weeks im going to eat my pants..

[FUBAR@Birth]

I do think this Is should getting played with Tony and when the tossers want to they will let it go.

Get impression there are one or two RNS’s coming ........... ;)

[FUBAR@Birth]

21m shares traded today Tony. Slight rise and pull back before close.

Maybe an rns coming

[TONY THE TIGER]

Bit of an update to the latest preso..
http://edenville-energy.com/pdf_news/ED ... 202017.pdf

[TONY THE TIGER]

bout F****** time..
https://www.investegate.co.uk/edenville ... 36049102F/

https://www.investegate.co.uk/edenville ... 51220631G/

Nice update with more to come..

[FUBAR@Birth]

My thoughts exactly

Hoping it’s a start of steady rises

If savvy he will continue to trickle out rns re new contracts over coming weeks to keep pressure on sp.

Over 280m traded today !

[FUBAR@Birth]

WTF!

Is this CEO taking the piss !! Getting slightly nervous about this share now, thought we would be a good bit higher than this by now given we are already producing tonnes of coal, not going backwards

[TONY THE TIGER]

Yep disappointing.. They need to get more orders done asap..

[FUBAR@Birth]

I really hope that right after this placing they back it up,with announcement of new significant contracts. Otherwise Rufus is on a shoogly peg