Register
Login:
Share:
Email Facebook Twitter

Please take part in our survey It takes 2 minutes and you could win an Apple iPad Air 2 (Terms and conditions apply). Dismiss Message
EDL Share Chat - RSS Feed

Edenville Share Chat (EDL)



Share Price: 0.06Bid: 0.05Ask: 0.07Change: 0.00 (0.00%)No Movement on Edenville
Spread: 0.02Spread as %: 40.00%Open: 0.06High: 0.06Low: 0.055Yesterday’s Close: 0.06


Share Discussion for Edenville (EDL)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


Premium Membership
chris-styles
Posts: 375
Off Topic
Opinion:Strong Buy
Price:0.07
Nice!
24 Nov '14
News flow from the bod finally, and yet another step in the right direction. GLA
 
fatherjockstrap
Posts: 3,737
Off Topic
Opinion:No Opinion
Price:0.05
View Thread (2)
RE: rns test
24 Nov '14
Edenville Energy is pleased to announce positive results from the first set of detailed coal sampling and test work at the Namwele deposit, part of the Rukwa Coal Project, near Sumbawanga in Western Tanzania.

During the past three months, test pits were dug to a depth of approximately 3 metres at the Namwele, Mkomolo and Muze deposits, collectively known as the Rukwa Coal Project, and the samples analysed for quality. The test results from Namwele are presented below, with further sampling analysis from Mkomolo and Muze expected to be announced by the end of 2014.

Four test pits were excavated at Namwele to expose the near surface coal seam, better defining the coal that could be extracted in the initial stage of mining operations. For near surface coal seams, test pitting is the most common, efficient and effective way of gathering data, not only quicker and less costly than a drill programme but also allowing a specific coal seam to be exposed, examined and sampled more thoroughly. The excavation and sampling work was carried out by Edenville personnel with full quality control processes and procedures in place.

This near-surface coal seam has an average thickness of 2.0m and was sampled to a maximum depth from surface of 4m, with an average depth from surface of 2.56m. The four test pits were distributed along a total strike length of approximately 870 metres through the Namwele deposit.

The samples from these four test pits at Namwele have been analysed at Alfred H Knight's laboratory in Scotland, UK. Alfred H Knight ("AHK") is a highly respected analytical laboratory group that specialises in metals and minerals testing, with particular expertise in coal. It is ISO 9001:2008 accredited and operates in 35 countries carrying out a wide range of test work on coal and other fuel sources.

The results shown in Table 1 below show the combined raw coal analysis and the washed results at a Relative Density ('RD') of 1.7 for the Namwele test pits.

Table 1 - Raw Coal Analysis (Air Dried Basis)

Sample
Inherent Moisture (%)
Ash
(%)
Volatile
Matter (%)
Sulphur
(%)
GCV (Mj/Kg)
5523
6.80
39.00
22.80
2.36
15.40
5522
5.80
50.50
20.00
7.05
11.95
5521
8.30
37.80
23.60
7.54
15.22
5520
7.70
39.60
22.80
6.84
15.00
Average
7.15
41.73
22.30
5.95
14.39
Table 2 - Floats Basis Float and Sink Coal Analysis (Air Dried)

Sample
Mass
Yield
R.D.
Inherent Moisture (%)
Ash
(%)
Volatile
Matter (%)
Sulphur
(%)
GCV (Mj/Kg)
5523
8027.4
54.78
F1.70
4.80
27.78
29.02
1.70
21.18
5522
5049.3
35.89
F1.70
4.09
24.17
29.93
3.07
22.68
5521
7826.9
58.37
F1.70
5.79
18.90
33.39
4.15
23.32
5520
7602.9
54.29
F1.70
7.31
18.65
31.95
3.79
23.43
Average
7126.625
50.83
F1.70
5.62
22.27
31.16
3.17
22.63

Of specific note is the yield of over 50% from the latest wash tests at a relative density of 1.7, which produced an average 22.6MJ/kg product. The origina
bcl42
Posts: 334
Off Topic
Opinion:No Opinion
Price:0.05
Nope
21 Nov '14
Expect no news and the chances are you won't be disappointed.
brightspark
Posts: 748
Off Topic
Opinion:No Opinion
Price:0.05
Fieldwork program
21 Nov '14
Commenced beginning of June , should we expect some feed back from this ?
aerial
Posts: 1,318
Premium Chat Member
Observation
Opinion:Strong Buy
Price:0.05
View Thread (2)
RE: It good to see
21 Nov '14
I was going to continue to say that watching this share as I do, that more days than not (over the last year) the Buys exceed the Sells.

The true spread in percentage currently is: 9.5984% and the VWAP is over 0.050
aerial
Posts: 1,318
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.05
View Thread (2)
It good to see
21 Nov '14
9,5984%
steakbake1
Posts: 211
Off Topic
Opinion:No Opinion
Price:0.05
Small trades
21 Nov '14
£8, £15 trades - is it worth it. Can never understand the logic there.
Sausageonstick
Posts: 1,274
Observation
Opinion:No Opinion
Price:0.05
Still no response from Mr Watt...
21 Nov '14
...re announcing whether the strategic review will take place or not. 8 trading to go, surely Edenville know and that is something material to announce Mr Watt!!!!





Sign up for Live Prices


Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.