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Just to note Edenville sits at 22p as predicted.
The RNS of hand over didn't do a lot for the share price, goes to show how much confidence the market has in Edenville.
In my opinion it needs a new strategy, business model and BoD to get this going. A clean break from the past.
I've decided to look for profit elsewhere, then once I've made the shortfall up I'll be selling out of Edenville.
Currently in OEX, waiting for then green light RNS to turn the gas taps back on.
This has to be one of the worst shares, I have ever been involved in and again just hoping for something positive, considering what we have but it`s so poorly managed that I think it won`t be long before I sell up and take a fairly big hit. GLA
Back to sleep then until they work their s h i t out on what to buy.
Shall I help, just a hint, anything about EV batteries??
Complete and utter FU when you consider the coal price and demand.Its like missing an open goal over and over again!
And be still unable to produce more than a few hundred tonnes, abysmal performance!
All eyes will be firmly fixed on Nextgens performance.
End of month production figures plus further contracts and the ability to fill them it's any ones guess where this SP will go.
Interesting the lack of of info on the CPP talks.
Isn't it illegal to hold onto price sensitive information?
Just to point out
"The Agreement is for an initial period of one year from 1 February 2022,"
So it came into effect two days ago!!! So they must have signed it before that, but yet failed to notify the market. Even on the 1st February Edenville had handed over the mine but failed to inform the market.
How not to build trust with your shareholders, sit on information for days if not weeks!!!
Not exactly large selling going on just a few stale bulls.
Still wouldn't take a lot for this to move as the large holders clearly won't be selling .
Looking forward to the seeing what happens next
If traders did pile into this thinking it was about to take off, it could easily just be them cutting losses and running.
Although Dec figures were laughable, it was good news. Someone else is going to process and sell the asset. Finally.
We can now go and spent Tony B's cash on something else...
.....doesn't bode well
Over the last 9 months I hope they have located a new acquisition asset!!!
Sausage - the old 1 trade.......!
Still not sure a placing is immediately on the cards but for all our sakes I'm hoping this is the start of a good news run. That would be a change. GLA
I think we had a lot of speculative buys earlier thinking this was going 20-30% up on this news. All those new traders are selling at a loss because they got it wrong. That probably explains the drop back.
Edl need to find a good asset first before any placing is considered.
Something is pulling us back, placing?
Back where we started...
Do we know whether Tony B's cash is still in the bank?
sausage with how this news is going it just might get them fish and chips all round for Friday
Hopefully they bring the necessary equipment to make this work. There is a market for industrial coal
Nice we have some blue for a change, but considering what we have and what they have managed to process, it is still a joke. Did they wash it by hand?
I'm gonna put it out there, but if I'm right about cash in bank I can see this being the news under which they get another placing away. Sorry folks, but I'm a realist and my spider senses are tingling here right now
172mt JORC !!!!!!!!!!!!!!!!!!!!!!
Oh we have always had plenty, just an inability to dig it up, wash it and sell it.
Big how,
I've posted my initial reaction, will contemplate and pull apart later