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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: 0.06Yesterday’s Close: 0.06


Share Discussion for Edenville (EDL)


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bcl42
Posts: 334
Off Topic
Opinion:No Opinion
Price:0.06
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We need
24 Nov '14
Information on partner/JV. The company promised a review after 6 months if no progress and I can't even get the PR lot to confirm this is still the case. If they backtrack on this it will give out a very poor message I.e. The BOD cannot be trusted.
 
slowbutsure
Posts: 22
Observation
Opinion:No Opinion
Price:0.07
View Thread (3)
RE: Don't think the
24 Nov '14
Kibo announced its equivalent test results years ago.
Laxeytrader
Posts: 651
Premium Chat Member
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Opinion:No Opinion
Price:0.07
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RE: Don't think the
24 Nov '14
Me too Aerial,we should be pleased when we can it's uplifting,GLA
aerial
Posts: 1,329
Premium Chat Member
Observation
Opinion:Strong Buy
Price:0.07
View Thread (3)
Don't think the
24 Nov '14
news has been fully absorbed yet, I for one was not expecting news this morning.

Anyway it's good positive news, very pleased!!
Laxeytrader
Posts: 651
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.07
The Glass
24 Nov '14
Is even fuller now, thank you BOD for the update,greatly appreciated,onward and upward GLA
totalbeginner
Posts: 258
Premium Chat Member
Observation
Opinion:No Opinion
Price:0.07
still only 4 trades!
24 Nov '14
8 minutes after opening..... disaster.....
totalbeginner
Posts: 258
Premium Chat Member
Observation
Opinion:No Opinion
Price:0.07
yeah up 40% my A...
24 Nov '14
Only by moving the sread. ^ minutes into trading and only 4 trades.... 3 sells at 6p and one by for £194.

Nobody wants these babies.....
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: 3,745
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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





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