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Gwynwin
Bitter answers to your positive post? What are you suggesting?? lol
Ah two diggers one clearing one on the coal let the 6 months prove or dis prove my calls yes made a mistake on week to monthly so it will be 1 million a year profit next year will tell
What you cannot afford to invest here so upsetting
Sorry got excited and fingers just tappin away no control at my age
Bigeye - I'm not here for five minutes either and looking at your post history have probably been here longer than you. I have a not insignificant holding in Edl and I post how I feel about an investment that on paper needs to make one heck of a return. My views on an open public forum won't make one iota of difference to how the market or investors react. They'll do so on company fundamentals. if you think it does make a difference then perhaps you need to reflect on calling me stupid. The fact is you and aerial are "mates" and for some reason any adverse posts on here are quickly covered over with new posts and the person involved vindicated. That makes me wonder what " you lot are". If the BoD released more positive facts, which you've even accepted they haven't recently, you might find that I stop moaning. I'm entitled to my opinion based upon the current facts we have from the BoD. Shouting me down with the jam tomorrow view isn't making me look stupid. Perhaps you could provide some objective comments on the article I've referred to today or is that just someone else moaning for moaning sake. Perhaps let's leave it there, as you clearly have no factual (not subjective) content to post on how wonderful everything is here for us. GW
RNS'd 6th September just 12 days ago.
Paraphrased:
"As announced on 21 August 2019, the Company has now purchased and taken delivery of two new 30-tonne trucks to ensure that there are no further production bottlenecks as a result of contract miners. Edenville has already witnessed an increase in productivity since this recent change in the business. Accordingly, with this modest working capital raise, the Directors believe the Company remains on track to become cash flow positive from operations during H1 2020.
Cautiously optimistic imho
No, but I am here for the long run and not 5 minutes.
As for calling you lot out for what you are----- does'nt need explaining unless you are stupid.
If you are invested, why post negative views on a company that is trying to make you money? They might not be doing it now, but................
bigeye - Can you post any current positive facts that our BoD has provided? Perhaps pull your head out of the sky for one minute and read the Simply Wall street article that quite succinctly summarises how both the market and hacked off PIs like me feel and why. I assume you're happy being, I suspect, 90% down on paper? And can you clearly explain what you mean by "calling you out for what you are" exactly?
The only thing missing from the calculation is stripping ratio. It is usual in a mine to move 4 to 5 time more waste than product. In this case your profit would be around 20% of your calculation. This also assumes a perfect world without delays,
I recognise clear facts!
You and others only post negative historic facts!
Most real investors post positive facts and try to raise awareness of EDL's potential !
Your posts are no different to nobi, sumba/big larry etc, so I'll keep on calling you lot out for what you are.
Bigeye - you can all the positive or negative sentiments in the world, but there are a few on here that keep talking about dealing in clear facts. That's all we need from the BoD really. GLA
Maybe it was the positive sentiment that was recommended by the so called non- mathematician, which is pretty scarce around here!
Gwynwin - its £100k per month profit by your calcs, which would do me fine and put us on a decent operational grounding. I think a non-mathematician recommended your post!! GLA
that is good two trucks at a load per hour for ten hours = to 360 tons per day 30 days a month so just over the 10 000 tons per month on a two shift bases per day even with a 30 per cent loss
still well over the 10 000 tons per day at 10 pounds a ton profit = 100 000 pounds profit a day
not bad for a two bit company I can see all the bitter answer being sent after this read ha ha.
Oh plus the fired station ASAP.
bE
I've messaged you
:)
R----active !
BigEye
You've lost me
Glorious 12th !
Gwynwin,
30t gross gives a 18 - 20t payload.
BigEye R?....
sorry chaps should have looked up the RNS 30 tonne it is.
announced on 21 August 2019, the Company has now purchased and taken delivery of two new 30-tonne trucks to ensure that there are no further production bottlenecks as a result of contract miners. Edenville has already witnessed an increase in productivity since this recent change in the business. Accordingly, with this modest working capital raise, the Directors believe the Company remains on track to become cash flow positive from operations during H1 2020.
Hey R its the new sumba !!!!!
aerial - as you say it's pure speculation without any facts from the BoD....oh, hang on? It's why news flow is so important for us and the market. Interims cant come soon enough - they dont have to wait 3 months to publish them. GLA
Norrab1 even a humble salesperson like your goodself should understand that if you don't know the facts then you are guessing! Sadly I'd expect nothing less from you with your childish name calling mentality, and you that got upset questioning why people (not me) on this board called you nobrot !?.