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Fri, 15th Jan 2021 07:00
RNS Number : 7792L
Edenville Energy PLC
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014. Market soundings, as defined in MAR, were taken in respect of the Placing with the result that certain persons became aware of inside information, as permitted by MAR. That inside information is set out in this announcement and has been disclosed as soon as possible in accordance with paragraph 7 of article 17 of MAR. Therefore, those persons that received inside information in a market sounding are no longer in possession of inside information relating to the Company and its securities.
https://www.lse.co.uk/rns/EDL/agreement-with-lind-partners-and-163900000-placing-9wsge58pdr2s7l6.html
It was RNS’ed, but can’t find it at a glance. Within the last couple of years from memory.
When was that, Aerial?
Teaye72
I think after the last leak within the shared offices they will have a pretty tight lid on any goings on.
Sausage
My mind is not negative, the order is at a higher price.
was going to say... wonder whether we will see any after hours trades... ahead of the RNS tomorrow...
What price did you put the buy order in at?
Would be interesting to find out what price you think this will drop to.
I’ve just placed a buy order, but might change it to a live trade subject
to how things look tomorrow or even next week if it doesn’t get dealt. ...
I don’t think there is much gold in our Tanzanian coal (or we would know) although quite high concentrate are found in coal around the world, BUT we do know we are in/on or very close to huge underground reserve of 'life-saving' helium in Tanzania that are TWICE as big as initially predicted!
Researchers discovered the reserve in the Great Rift Valley in 2016. Initial estimates suggested the reserve contained 54 billion cubic feet of helium, but a new study has tested samples directly at the reserve. Findings suggest the reserve contains about 98.6 billion cubic feet of helium. The precious gas has a range of uses, including cooling satellites, and quickly filling vehicle air bags. …
:))
Err about 172, 999.000 lol
It's because of coal we have a past. My own personal view is it will play every little role in the future.
...sitting just above the Helium.
And Gold, of course!
Lots.
And lots.
So full circle then-----Aerial how many tonnes of coal?
It’s all about “COAL” :))
Clearly
But difficult for some!
It’s because of coal that we have a future, and I’d guess coal will be funding Edenville for quite sometime unless we are lucky enough to get bought out. If we get bought out it will because of coal, it’s not difficult to understand!. …
EDL's future may not be coal it may be diversification which may or may not include coal, acquisitions may come along with funding but income from those ventures are some way off. Currently our only source of income is coal and efforts to develop that income should continue. I imagine that the profit margins on coal are, at this moment in time, greatly improved.
I suspect (hope) that NvS is addressing his primary responsibility over on ARCM... :))) But once he's done there I'm sure he can help sort us out here. Perhaps we will be getting into Copper... LOL.
It's whether our BoDs feel that coal is part of Edenville's future, or if it something else, gold, helium, rare earth minerals?
We have a feeling for NvSs sentiment through the interview, Tony Buckingham is looking at other acquisition options. Talk is the mine is being handed over, albeit 11 months late, so the overall picture I'd the coal will at best be a £££ per sale with others doing the mining work.
If there's no RNS tomorrow before the AGM will there be people giving up on Edenville?