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Maybe they stopped for a fruit and veg smoothie
Running on fossil fuel !
Behind a coal lorry?
maybe they are stuck in traffic... 4pm?....
..until a potential 3.30pm RNS.
. ...
Arc +14% currently. ...
Has she missed the car yet?. ... lol
That 10k was the reason it's NT on ii all day?? In any case, I gave up and threw it on something else.
Aerial - TR-1?! :))
Actually just topped up on the other of NvS' musings...
T
Hmm?. ...
Teaye72
Old Tw
Might add a couple of thousand shares as it’s Friday, and because I hate odd numbers!
pi
The RNS is new, and what has gone before is history.
They haven’t handed over the mine, and strangely haven’t elaborated it. Clearly a revised handover date has not been agreed, that doesn’t mean, and they don’t suggest that it won’t be agreed. You never know they might be negotiating a new better deal/takeover or something else. Why would the new contractor/partnership just want to work our mine????.....
Love a conspiracy!
Nothing not to like from my personal perspective other than the handover, which is keeping us down.
aimhopdyor
Aerial yes good news if new... but talk is cheap in Africa, if two parties cant hand over a mine after a 6 month time frame what chance have we of a Future Power Plant Development? nothing has been agreed not even a mou.
Look how the mou with sepco 2 went conveniently swept under the carpet and forgotten about.
All im bothered about is the mine being handed over at the moment everything else is pie in the sky, no pun intended.
pi
Correct me if I’m wrong, but the RNS says:
“In addition, the Company has received new East African enquiries regarding power generation capacity and is continuing discussions with the Tanzanian Government regarding a future power plant development at Rukwa”
“In Addition, NEW, East African, Power Generation Capacity, Future Power Plant Development at Rukwa”
I’m fairly sure Edenville have never ever had East African enquiries of this kind. “and are continuing discussions with the Tanzanian Government regarding a future power plant development at Rukwa”
Which would suggest they are currently, or have been in discussions with the Tanzanian Government with regard to the future Power Plant Development at Rukwa. ...
Imho not one piece of the above is related to what we have been told before, it’s ALL New!!
aimhopdyor
At least!
Aerial must be 6 months older than me :-)
pi
Had mine 5 weeks ago today :)
bE
Yes you couldn’t make it up lol
Oh God!
aerial - I've no doubt the handover is just a delay, but that delay is costing us £100k a month. That's coming straight out of our reserves from the Placing. The issue appears to be something more than just delays to permit processing - why haven't they told us clearly what the problem is?
That somewhat veiled approach doesn't promote confidence in us with the market - for balance we were at the equivalent of 50p in late August / early September (I think we peaked at 55p equivalent?) on anticipation of handover.
With regards to a CPP, it's easy to continue to have "discussions" - there is no current plan for a plant. We've been in discussions with the Government / Tanesco ever since we failed in our RFQ in February 2019.
We all agree on here about the criticality of the handover - they need to deliver it. It's already six months overdue.
pi
I see it as very positive news moving forward, sadly not yet the Handover.
When I invested here a decade ago I invested in the CPP, and it looks (as I have always believed) that it could well be back on the cards re the RNS and closing $455 Interconnector, Power Pool suggestions/East Africa Enquiries etc. Edenville don’t just make this stuff up, it’s in the RNS so even Sausage must believe it as he believes RNS’s! :)
The handover is hopefully just a delay and wouldn’t read anything other than that into it as we have been proved wrong on EVERY previous occasion to-date.
Imho there’s no point in making up bad news, as if it’s good as expected or bad we will know soon enough.
The perils of being invested in Africa!!
Had my Jab last night so thought i would take the day off just incase felt a bit rough....any excuse ...so you will have me moaning today.
Pi - I like your thinking... :))