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I've just watched it a few times, there's a lot of noise going on and a digger driving around, but not a lot dropping of the conveyor belts that are in the video. If there's another conveyor belt not in the video that's spitting out 3,000 tonnes a month they should go film that one, as the ones in the video don't look like they are going to spit out 3,000 tonnes a months at the rate seen.
Edenville have put a video up on their Twitter account of the coal mine / processing.
Did make me chuckle when you look at the amount of coal dropping off the end of the conveyor belt, particularly between 30-32 seconds in. Lol!!!
The usual 8-9am trade but this time three sells.
The last TR1 was spreadex I believe
SpreadEx?
I can't help thinking in the back of my mind about the handover.
It's well over a year delayed, and then the 3,000 tonnes a month before they start talking again about the handover.
I just hope with all the recent activity Edenville don't convince themselves that they have now become experts in operating a coal mine and selling coal. History has shown us they are not.
In the last RNS again ILTL were not mentioned nor any reference to handover. Edenville have a habit of signing up for things and then just never referring to them again in RNSs until investors naturally presume that person/ organisation has sailed off into the sunset.
Have ILTL sailed off into the sunset and left Edenville with attempting to run the mine?
We had our 10,000 buyer, now we dumps of 32,685, 17508 and 25,000.
Spreadex bought in when they did for a reason and will leave once they have fulfilled their objective(s).
We recently had a little spike in the price and now it's is dropping. I'm not sure why spreadex bought in, but I'm sure the price is doing exactly what they want it to do.
The cynic in me assumes it's the likes of SpreadEx ensuring the tables are always in their favour...
lol
Thank you
...small trade between 8-9am turns up again, either a buy or a sell its seems to turn up each day
Either way will do!!!
Glad to see the Aussies are not going to put the people to the sword they will supply as long as people request coal which gives people a chance to live and prepare for the next phase not just cut it off and let sink or swim take over China and the use more or less same thing and we in blitz will throw our own to the wolves for peanuts
I think I mentioned Edenville, not the world, but thanks for your concerns
So my old sausage you would throw away thousands of people livings for this climate change in the poor countries that is the biggest calamity we will put on the world citizens all on a whims that we can change the cycles that have been going on since the start of the universe to me it is all utter claptrap so Coal is very important to help the countries earn a living and make money to improve to a better life and way of living
https://www.bbc.co.uk/news/world-africa-59135169.amp
I'm sure pressure is growing on Edenville's BoDs to get out of coal soon
"produced 1,024 tonnes of washed coal through its wash plant, representing an increase of over 150% on the September 2021 figures. "
So I'm making a few assumptions.
1) if it was over 160% they would have said over 160%, so the increase is between 151 - 159%, so let's take it at 155%
If they produced 400 tonnes in the first half of September, a 100% increase would be 800 tonnes so 155% increase is 1020 tonnes. So as far I can see, based on the data, what they are telling us is they didn't produce anything in the second half of September!!! 400 tonnes produced in the first two weeks of September, 155% increase = 1020 tonnes, 1024 tonnes produced in October which is over 150% increase on September.
They didn't say it explicitly, but the data suggests nothing produced in the second half of September.
Nice of them to tell us without actually telling us!!
As I've said before, you have to read Edenville RNSs very carefully.
Brown - You say you've worked in Rukwa and the heavy rains start in March, yet the facts I see, several RNSs (and annual report) and the Tourist Board info shows we have one rainy season between November and April. I also recall floods in Sumbawanga at the end of 2020 / early 2021 due to heavy rains?
I'm genuinely interested in clearing up the apparent disparity.
Ett voila! Pictures from the progress...
https://twitter.com/EdenvilleEnergy/status/1456602135290863621?s=20
Off elsewhere so just a quickie, 3, 600 tonnes for November, that will take some doing, wash plant capacity, 12500 tonnes per month, something will have to change to cope with that????
There's a very interesting Directors Talk interview with Nick on 6 May 2021.
That's our future - we raised c£2.5m in May. I suspect with the Lind repayment and costs hitting our P&L of around £100k per month we've well over £1.5m left - I'd like an update on where we're going with that.
We've been playing with the mining for nigh on four years. I think it's time we did a Kibo and look to offload it and see where our new strategy is going to take us.
What would the output likely to be to recover my outlay. And lost time.
First purchase May 2017 3415000 shares held . Now 3415 of course.
Paid £18692 for them . Now worth £850
New invester 2017 . Greener than grass.
Same wait in Kod from 2017 .expecting better outcome ?
Replace the stars with director talk interview
https://www.***************************/edenville-energy-continues-to-ramp-up-production-and-sales/4121031591