We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Aerial Cheers
Higher lows on the day and did not hit historic low
Pmsl now TRP making out he knows TA oh dear.. :-) The other day he was calling higher lows when the price was re-testing historical lows.. What next ICHIMOKU lolol
lol
Funny I remember you saying that on 2000
Cheers Aerial ...smile
pi
Happy 3,000th post ;))
TRP-BPC
I have no idea at all, and it’s not something I even think about. It’s absolutely impossible to predict anything with any certainty on AIM. The only thing I would say, is that if the two issues (Lind/Handover) are resolved the story changes.
aimhopdyor
Nothing to do with lines on a graph it's all about selling coal nothing else.
For the last couple of years share price is trading in the range of 0.0250 and 0.0620 , basically now should go up to 0.06 Before any explosion in the share price is going to happen also Bollinger bands are so tighten ready to go . Look at the monthly candles bigger picture And a target could be 0.40 , Just like you say we live in hope ......
Eventually the target of increasing capacity in the near term to 12 500 t a month it will happen .
Aerial I’ve got a question for you, you have been here for awhile ,What would make the share price go to 0.39 ? ??? What change needs to be done, what do you reckon the share price would be if we can produce 12,000 ton a month ???
They have done so many placings to their friends aka "existing shareholders" that consolidation is a foregone conclusion
ANYONE - Any advice on how to vote at the A G M on 5th January 2021
Granma Kelladee
I haven’t spoken to the management, but also believe they will successfully turn this around! That doesn’t mean they will, but I live in hope !
With the two paramount issues (Lind/Handover) resolved I would expect massive change moving forward !!
aimhopdyor
Edenville’s energy subsidiary Edenville International, based in Tanzania, in August entered into a sales and marketing agreement with Dubai-based MarTek Global.
MarTek is a sister company to ILTL.
The sales and marketing agreement follows a coal mining agreement that Edenville signed with ILTL, which provides for a fixed rate mining and processing contract at the Rukwa coal project, in Tanzania.
The contract mining will be carried out for four years once the agreement becomes effective, with an automatic renewal unless terminated by either party.
MarTek will provide an anchor tenancy at Rukwa, of 3 000 t a month of washed coal and increasing to 5 000 t of coal a month over the first 12 months of the contract term.
MarTek’s purchase price for Rukwa coal is the highest that Edenville has achieved to date and should provide the company with a healthy margin on tonnes sold.
Edenville International and MarTek will share marketing and sales responsibilities in Tanzania for any sales above the anchor tenancy.
MarTek will have exclusive rights to market Rukwa coal internationally at a pre-agreed sales price, with any transport costs to be added to the sales price.
MarTek will leverage its logistics capabilities to supply these new markets.
Edenville International, MarTek and ILTL have agreed to focus on maximising production from the Rukwa project, with a target of increasing capacity in the near term to around 12 500 t a month.
The company advised on November 27 that it was continuing to fulfil its pre-purchase orders for coal.
"because I've spoken to the management and believe they will successfully turn this around"
Rukwa Coal Project in southwest Tanzania announces that its Annual General Meeting (“AGM”) will be held 10.00 a.m. on 5 January 2021.
Could we get some good news before Christmas ?
as I’ve been waiting to see the market reaction (inaction thus far) over the last few days before Christmas. Might even hang on until the new year, doubt I’ll know until it happens!.
Market Closes at 12:30pm on Christmas Eve, Thursday December 24th 2020
https://oilprice.com/Latest-Energy-News/World-News/Coal-Consumption-Set-to-Jump-In-2021.html
Coal consumption is set for a rebound of 2.6 percent next year as the world’s heavy industry emerges from the pandemic crisis, the International Energy Agency said in its latest report on the fossil fuel.
The forecast is, of course, based on the assumption that the global economy will begin to recover next year, which is far from certain. China’s and India’s recovery, however, has a higher degree of certainty—both countries are already on the mend.
Nothing changed i believe in purely on basis of the 173mt known reserve but the bod need to put something on the table or they will be just like the previous and you know what they were...let's hope this time its for real gla.
Pi - bot gone rogue? :))
Sandal you have been here 3 weeks now started of saying how great this share is and it's going to fly what has changed in the blink of an eye for you?
Or any time up until 4.30pm on the 5th Jan... :))