Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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A lot of T's to be crossed and I's to be dotted until then it is all bubbling along maybe not as some would like it.
However I believe the company is trying it's best Good job I did not jump when consolidation was called I nearly did bail out.
My Friday prediction 60p may have to wait a little longer haha.
So crossed fingers and Just maybe we will see the Light at the end of tunnel.
Still NT on ii for a buy.
Market oblivious seemingly...
BigEye
Doubt Sausage will need an uplift today, as he will draw negatives out of this for months, in fact probably forever lol
Mention the silence yesterday but I don't see anybody fighting to get out of the door. The power generation has been mentioned in the past and I believe the reason for the in interest on the last placement, there's more to this RNS than has been written.
Market reaction today will be interesting.
08:20 and just two trades and we have been blue since open?...
Not Company Update or Letter to Shareholders, Not Mining or Progress Update, but Tanzania Update.
Edenville are a Foreign Miner working in Tanzania. This RNS imo was about the Country and not the Company. ...
Even so as Teaye72 said very bland!
Where's the leader today? Pmsl
Maybe the throw-away comment on power generation is the nugget in the RNS. Maybe... :))
Certainly don't see a mass exodus. On the contrary, can't seem to buy anything so far this morning and still trying.
I agree with Markettimer
NT on ii trying to top up...
Lets put this into perspective
They have NOT said that the handover is not going to happen which in my mind is good its just a timing issue ,
and the fact they are in dialog with the government about power could be fantastic news or am I missing something?
Saus you're having a field day, even actionmanwithaplan has come back to cheer you on lol!
Cant wait to read the villagers narrative?
Still say the Fat Lady.
No explanation, no revised date, feels like a rushed RNS just to get something out to quieten investors. How misguided can you be?
getting a bit fed up with this. yes they do need to tell us so people understand it is the same issues and explain it in greater detail.
Agree markettimer
15% increase in SP today due to the final sentence in the RNS. Great News.
Its only 30 words, I don't think it's that massive as sentences go. ;)
In all seriousness, be interesting to see which bit of the RNS the market latches on to in just under half an hour.
Admin delay for over 6 months, come on, pull the other one!!!
As much as I don’t want to, it will probably be an ideal time to take advantage of the dip. 30mins of agony to decide...
EDL have told us time and time again the delay is due to admin issues with work permits. They dont need to keep repeating that in an RNS.
Browns99 No it's not , this sentence is very worrying "regarding the proposed handover of operations at Rukwa"
In addition, the Company has received new East African enquiries regarding power generation capacity and is continuing discussions with the Tanzanian Government regarding a future power plant development at Rukwa.
Will be interesting to see how the market takes this news at 8am
Interesting that they refer to the “proposed” handover. I would have thought that after another additional 6 months of preparation and working closely on handover logistics it is more than “proposed”.
The BOD need to clarify wtf is actually going on.
Sandal
This handover was due in September, October November December January February, now it's still ongoing with no month provided in update. How can this still be on track?