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Edenville Share Chat (EDL)



Share Price: 0.055Bid: 0.05Ask: 0.06Change: 0.00 (0.00%)No Movement on Edenville
Spread: 0.01Spread as %: 20.00%Open: 0.065High: 0.065Low: 0.055Yesterday’s Close: 0.055


Share Discussion for Edenville (EDL)


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Nottspie
Posts: 7,299
Off Topic
Opinion:No Opinion
Price:0.05
looks like
10 Jun '14
folk on here are only interested in posting the negative, big volume buys raining in, not a dicky bird.
 
Nottspie
Posts: 7,299
Off Topic
Opinion:No Opinion
Price:0.05
big volume to start the day.
10 Jun '14
.....
Tamon
Posts: 145
Observation
Opinion:Hold
Price:0.05
View Thread (3)
RE: Edl
9 Jun '14
The company is being run down and in to the ground deeper than the coal it has sitting there.
CONJECTURE

I think they know they will have to hand the licence back for rukwa as they have done nothing with it for years and years.
UTTER RUBBISH

Far from edl giving the Tanzanian government notice that it will review its strategy in 6 mths. I think the Tanzanian government have given edl 6 mths to get their fingers out of there arses to do something with the licence otherwise they'll have it back and give it to someone with more than one brain cell to reap the rewards.
MORE UTTER RUBBISH

Edl seem incapable of moving things along with a simple JV.
AS ABOVE

If you have investors ready and willing to sign up, which edl does, then you pick one and get the deal done, simple.
SIMPLE?.. YOU HAVE NO IDEA WHATSOEVER

You don't lose everything by twiddling your thumbs and stamping your feet because the deal isn't exactly what you want. Most, if not all business deal have some form of compromise on both sides. But edl don't seem to want to compromise on anything and would rather cost us all dearly, which show how incompetent and immature they are in the business world.
INCOMPETENT & IMMATURE ARE NO DOUBT WORDS YOU ARE VERY FAMILIAR WITH.
Jacksonpollack
Posts: 798
Off Topic
Opinion:No Opinion
Price:0.05
LeMans07
9 Jun '14
20th August 2010 EDL acquired the rukwa licence. So, close to 4 years ago. I would hardly call that digging the coal up the next day. JORC and scoping study should take no more than 3-4 months each to complete. Even allowing for bad weather both should be done in under a year. So there is no excuse that nearly 4 years on we are only at this stage.
LeMans07
Posts: 709
Off Topic
Opinion:No Opinion
Price:0.05
License activity
9 Jun '14
Whilst I accept and support accusations that the BOD are not doing the business for us at the moment, to say that nothing has been done with the licence is nonsense. We have gone from nothing to a fully JORC'd asset. There is a scoping study underway to determine the best approach for mining and discussions with partners for power generation using the resource.

You seem to think that a company obtains a license for an area and just starts digging it up the next day!
Jacksonpollack
Posts: 798
Answer
Opinion:No Opinion
Price:0.05
Tamon
9 Jun '14
Its a fact that EDL have only put out 3 RNS's in the last 8 months of any interest. Its a fact that EDL have not moved the rukwa licence on significantly since they got it 3 years ago. Its a fact that the tanzanian government have said they will take back licences if there isn't significant progression with them. Its a fact that EDL have said they will give it another 6 months with the rukwa project before reevaluating their business strategy. Its a fact they have investors signed up with confidentiality agreements but have got no further in 7 months since looking for JV partner. Its a fact they did a rushed placing they raised £1 million over 4 months ago. Its a fact they have the Darwin loan facility with millions sitting here that they could of used. Its a fact the board would have known the sp would nose dive given the placing price. The list goes on but I can't be bothered.
Tamon
Posts: 145
Observation
Opinion:Hold
Price:0.05
View Thread (3)
RE: Edl
9 Jun '14
Where do you get your info to support these assertions.
Accusations need to be substantiated with fact.
Non stop deramping is tiresome and unnecessary, although probably profitable.
Keep subjective opinions off the BB.
Each investor, professional or amateur, knows the risks associated with AIM shares.
Relax and be patient.
Jacksonpollack
Posts: 798
Observation
Opinion:No Opinion
Price:0.05
Edl
9 Jun '14
More good news for LGO. 8 RNS's in the month of May and already 6 RNS's in the month of June. Edl 3 of any interest in the past 8 months and even then they were less than good. You can't even call this a joke as a joke puts a smile on peoples faces. Edl only has the power to put a grimis on shareholders faces on a daily basis. Run by clowns in suits.
Jacksonpollack
Posts: 798
Observation
Opinion:No Opinion
Price:0.05
View Thread (3)
Edl
9 Jun '14
The company is being run down and in to the ground deeper than the coal it has sitting there. I think they know they will have to hand the licence back for rukwa as they have done nothing with it for years and years. Far from edl giving the Tanzanian government notice that it will review its strategy in 6 mths. I think the Tanzanian government have given edl 6 mths to get their fingers out of there arses to do something with the licence otherwise they'll have it back and give it to someone with more than one brain cell to reap the rewards. Edl seem incapable of moving things along with a simple JV. If you have investors ready and willing to sign up, which edl does, then you pick one and get the deal done, simple. You don't lose everything by twiddling your thumbs and stamping your feet because the deal isn't exactly what you want. Most, if not all business deal have some form of compromise on both sides. But edl don't seem to want to compromise on anything and would rather cost us all dearly, which show how incompetent and immature they are in the business world.
jhncan
Posts: 127
Off Topic
Opinion:No Opinion
Price:0.05
Wish I had confidence to buy more
9 Jun '14
Shares held 322898.770457 Average Price 0.3051 book cost £985.26 Valuation £161.45 -83.61% ( for some this is a small amount and I understand shares are a gamble but I must say I am either unlucky or lack sources to read between the bods and the actual goings on. I hope this comes good I will hold till the end anyway. good luck to all I would say new investors have a bigger chance of a reward here.



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