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Edenville Share Chat (EDL)



Share Price: 0.715Bid: 0.70Ask: 0.73Change: 0.00 (0.00%)No Movement on Edenville
Spread: 0.03Spread as %: 4.29%Open: 0.715High: 0.715Low: 0.715Yesterday’s Close: 0.715


Share Discussion for Edenville


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bigboffer
Posts: 1,917
Off Topic
Opinion:No Opinion
Price:0.715
RE: Sumba
Today 10:58
Yes but it isn't a 5 year project, its a 10 year project as you would of known if you knew anything about EDL. So your response is irrelevant.
 
Jogonson
Posts: 656
Off Topic
Opinion:No Opinion
Price:0.715
RE: Sumba
Today 10:30
Omg Sumbawanga do you not bore yourself to sleep?
Sumbawanga
Posts: 407
Off Topic
Opinion:Hold
Price:0.715
RE: Sumba
Today 10:20
BigBoffer: " If you look at it as a 10 year project coming in around a year early"

If you look at it as a five year project then we are 4 years late. Or to put it another way - your point is irrelevant.

The reality of the project is that we are a little behind in terms of setting up the washer. What that means in reality is that we are still not capable of producing a sellable product. The RNS tell us that we are not too far away from that. However, the RNS also tells us that is that only gets us to the point of having a product to sell.

Being capable of producing a product, and even producing a product to be sold is very different from being commercially productive. That involves delivering product against orders. From the RNS we are still "weeks and months" away from that.

It has been widely accepted that the delivery of the washer and even the commissioning of the washer would not be the trigger for the significant increase in the SP. And yet here we are again with ridiculous hyping of innocuous RNS and every little movement in the SP.

Or to simplify the situation for you - This is certainly not IT!
Jogonson
Posts: 656
Off Topic
Opinion:No Opinion
Price:0.715
RE: Amongst the mist....
Today 09:33
Yes borrab? What's your point? The C Tax is 30%. The source of that Borrab? The investor meeting last year which of course you didn't attend because you're not a serious investor. And for the record, I never said EDL were paying 30% because they are not making anything yet.
bigboffer
Posts: 1,917
Off Topic
Opinion:No Opinion
Price:0.715
View Thread (2)
RE: Sumba
Today 09:25
Absolute rubbish. Look at it this way instead. The project was a 10 year project that we are about 9 years into. The plan was almost impossible but EDL have pulled it off and after finding coal, obtaining a licence, finding customers, building roads, buying washers and crushers, mining coal, dealing with the governments and discussing building a power plant, we are now ready to start washing the stockpiled coal and flogging it.
Therefore your statement that we are still a significant distance from being able to sell a finished product doesn't make sense. If you are looking at the project in days and weeks then it would be correct to say we are nowhere near selling a finished product. If you look at it as a 10 year project coming in around a year early, it starts to look different and counting days until we are up and running is irrelevant, We are at step 99 out of a 100 steps so you harping on about how you know everything about EDL just sounds silly as you clearly just like gobbing off about nothing.
Sumbawanga
Posts: 407
Off Topic
Opinion:Hold
Price:0.715
RE: Sumba
Today 09:12
Stuiegee: "It's not me making things up I'm using instances which 'Could' happen. Hyperbole. Not to be taken literally."

Hyperbole is by its very definition a form of lying. The Hyping of EDL is a complete own goal by those seeking to present themselves as experts. A quick read at the RNS demonstrates the level of deliberate misrepresentation of the information being supplied by EDL.

I'm not reporting anyone or flagging this behaviour to the FCA. I am just counteracting it by publishing real information from the RNS. You have to look at the perpetrators of the hyping for that sort of behaviour / intimidation.

The hyping is pretty much a waste of bandwidth. It might result in a minimal temporary spike even when backed by press coverage as we saw in late August. The SP fell quickly back to how the market sees EDL. The real change in the SP requires significant progress on the commercialisation of EDLs product. We still don't even have a finished product to sell as yet. When we do have that we should make money. We are still a significant distance from that. The real market will not act until that temporal risk is removed and we get clarity on the funding option to be used, and what if any the utilisation of the mining legislation by Tanzanian Govt might be.

That's not hyperbole. That is not lying or stretching the truth. That is based on the information supplied in RNSs by EDL. What is m,ore useful to potential investors - genuine information or comedy acts stretching the truth to potentially mislead honest investors looking to grow their money?
john_z_doe
Posts: 1,144
Off Topic
Opinion:No Opinion
Price:0.715
WOW - LSE have the
Today 08:30
BUYS/SELLS correct for once.. I wonder how long this will last? :¬)

I would be VERY SURPRISED if the final figures are correct...LOL...
dealer55
Posts: 1,661
Off Topic
Opinion:No Opinion
Price:0.715
RE: Edl
Today 08:19
Or after the 26th
Atomicrain
Posts: 6,035
Off Topic
Opinion:No Opinion
Price:0.715
RE: Edl
Today 08:18
Juicey RNS on 26th then....
dealer55
Posts: 1,661
Off Topic
Opinion:No Opinion
Price:0.715
RE: Edl
Today 08:09
Shares submitted 26/9 so nothing doing before that I'd guess.




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