...anyone would be putting £5000 into Edenville today of all days. The RNS has given them another 5 months (until end of Q1 2015) to disappear into a hole and keep quiet. I'm invested here, and a believer, but I have to go on the precedent set over the time I've been in here, so when Rufus Short states ----------- The clarity and insight that this will give to all parties either involved, or wishing to be involved, in the project should allow the Company to navigate the route towards power purchase agreements, involvement of partners in the project and negotiations on funding. ---------------- So when he says 'parties....wishing to be involved' and 'involvement of partners in the project' I'm pretty sure he's telling us that there will be no JV agreement until the company that signed the EOI know the results of the Power Plant Feasibility Study by the end of March 2015. Gone has the deadline for the 6 month strategic review, and this new end of March 2015 is now the one investors should be looking at. As such there is plenty of time for Edenville to pull up the drawbridge and keep quiet, hiding under the 'something material to report' bilge they wheel out when pressure from investors mount. There's 5 months for more share dilution and for the share price to fall further to 0.04 or dare I say it even further. I'm sure it will recover, when finally a jv announcement is made as we are still sitting on 170mt of coal in a country that needs coal.I'm afraid, for me, the next 5 months has more downside than up now that a new deadline has been announced for the next step which involves parties and partners wishing to join in.
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