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esquimo
What prediction was that?
@Esquimo that is the problem we have always had interest from customers well in excess of 10k tonnes per month but they have never materialised or been named.
It seem you have more chance of Spurs winning a trophy than EDL hitting 10k per month.
2017/18 not 28, fat fingers!
JEZZAC, cast your mind back to 2017/28, we had interest from customers well in excess of 10k tonnes per month for washed coal, double shifts, night lighting unfortunately mudstone had zero value, hence the cash flow problems.
We are now in a position to fill what orders that we get with actual coal. I think this week could be decisive in EDL's fortunes. 5 days to go. 3.5 if Aerial's prediction is correct.
1 year 2 years, its called kicking the can down the road.
They need a roadmap not a can kicking strategy.
Lets see how this week plays out but if they release another load of waffle i can see a lot of investors calling it a day. imho
esquimo
I’m hopeful that at some stage the bod and the larger investors will want to benefit from a higher SP, why wouldn’t they. Hopefully sooner than later!
Still might add a few next week as rightly or wrongly I personally think we are now better placed to rerate than ever before.
Another few years is less of a problem if in, or close to profit
aimhopdyor
A cynical but most likely a correct view of EDL.
I'm expecting a substantial update before the AGM.
They have the weather, cash, labour force and prospective orders in their favour. With the current investors on board and the talk of acquisitions, they must have a good level of confidence in the necessary income, so looking forward to what transpires in the next 5 days and beyond.
One thing for sure the trades this week will be an indication of how the market views EDL's future.
Aerial, I imagine a few long term holders will be keeping an eye on their averages, it's been a longer haul than expected, what's another year or two?
GL to all that have endured.
There will a RNS after lunch on the 29th July 2021
Ham or jam!!!
So if we don't get an RNS by and including Monday 2nd August, then we can say ham tomorrow to the following
- The Company expects to re-commence shipping washed coal in July to one of its anchor tenants with a supply arrangement of 750 tonnes per month having been agreed.
- A trial shipment of 180 tonnes of washed coal has been dispatched to a local cement producer and subject to satisfactory performance of this coal an order of 3,000 tonnes per month is anticipated to follow in July.
Let's see if we add it to the list of jam tomorrow