is a new CEO, who will invest to be part of the EDL (not just a sucker pretending to do something) who will look for other sources of financing instead of devastating Placing at the lowest possible price, who will look for JV, as EDL on its own is not able to generate any quick progress... During Investor Evening Rufus did not mention about generating income from selling coal - Placings are much easier for this easy life personality.
Long ago I had in mind Bigboffer anf few others like Sausage ... There are quite a few people among our Small Investors wise enough to lead the EDL company; - just think over weekend who feels ready to recover our lost money (lost without any reason, without any external disasters).
We can meet sometime during next 2 weeks at Bangers, 2-12 Wilson St, London EC2M 2TE, where Investor Evening was held.
One thing i can say, if news good this going to rocket, will do 50-100% rise, dummy buys they got nothing if i want to buy 20k goes to unable to get quote, and got quote for 10k @ 0.63 then 5K @0.60 news please Rufus about time you rewarded us LTH.
will not differ much from those made during 2013-15, if slightly worse it can only affect the selling price of coal. However coal must be of good quality if it was projected to generate electricity for the country.
The problem is whether EDL is getting ready/has started the production. They have to assume, have faith, that the clients will come - but the coal must be waiting to be purchased.
By the time he negotiates a sale ,kibo will have conditional contracts with all our potential clients for coal deliveries subject to issue of licence !!! For gods sake put an enterprenerial brain in to bat ......oh he has got consultants who already had the carrot ,what novice prats have we backed???
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