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As previously covered, if it were not for this company's foresight Edenville might be calling themselves 'A multi-asset Tanzania focused energy and resource company" but unlike Kibo they decided to mine their coal, hence their belief that they will break even within Q2 2020.

I have to compare Edenville and Kibo as they are unique in this part of Tanzania and went through all the same processes and have similar amounts of coal. The difference is Kibo's Flagship MCPP is now at the bottom of their list and for a company that had a MCap of +£30m not so long ago, and were said to be light years in advance of Edenville look like making their first revenue out of a U.K. Investment.

Edenville already have a revenue stream, and if finance is forthcoming then hopefully they will continue to progress as a miner and eventually maybe a supplier to the EAPP and E&SAPG's.. If the Edenville SP rises above 0.196879 for me everything else is a bonus!! and I would add that I only need one of them (EDL/Kibo) to succeed, but both would be better.

*Kibo have four projects, three are in Africa and one is in the U.K. Kibo has some extremely large investors, and some of them use the Kibo bb. You won't hear or find much about sustainable energy on that board, but l would be interested to see someone try to start that debate over there !! ;))

All imo pdyor

Kibo have left their +120mt of coal in the ground, so 'their hardly going to leave it in the ground' clearly doesn't apply to everyone.

We really are being held !!

Half a step forward half a step back...

GreenWolf
We are discussing a small foreign coal miner who as we have been informed is currently mining coal for the manufacture of cement and steel thanks to the foresight of the previous bod.

There is no CPP possibly until the Interconnector gets closer or the Tanzanian Government changes its mind. This is Africa and Edenville Energy is unlikely imo to be greatly impacted (if at all) by renewables in the life of the mine. If we get invited like Kibo to add to the pool things will drastically change, if we don't we have a coal mine with 173 mt of coal and a continuing revenue stream. Clearly sustainable energy will take over the world, and is gathering pace and definitely for the better.

All imo pdyor

GreenWolf
I know you like to have little digs and pick holes, so I'm not going to dwell too long on the gapping holes in your knowledge...

To untwist the logic you have to understand that there is no CPP (RCPP). Everything has changed, and a Sumbawanga substation has been proposed within the Interconnector Project for sometime, years in fact.

There is a very substantial World Bank PDF with all the information including all of the proposed substations. Well worth a read as it will answer a lot of your questions. I have read the document several times and many of the accompanying reports hence the reason for many of my views. Much of the PDF content has been discussed on this board over the years, but to save you some reading Sumbawaga, the site of the Edenvill Coal Mine, is at the termination point of the Interconnector in all of it's forms, as is the proposed site for the Sumbawanga substation.

Regarding the Edenville CPP (RCPP) and the plans for the coal-fired power station (not the Sumbawanga substation) without getting over involved at 23:35) pretty much went out of the window with the nullification of the Tanzanian Tenders, but everything could change at the drop of a hat.

Many sources of power will obviously eventually contribute to the power pool and grids. With regard to the Steigler's Gorge Project, I personally wouldn't hold my breath as the project is predicted to bankrupt Tanzania, and if it doesn't it will never ever be finished anywhere close to on time or close to budget in my opinion.

I wouldn't want to tempt fate, but I think Edenville have a better chance of success than the Stiegler's Gorge Project!!

All imo pdyor

GreenWolf
With regard to the TAZA/AU Power Line both Edenville and Kibo profess to be strategically placed and both have made the point in RNS's. It is a fact that Edenville are the better placed of the two. If the Power Line comes and they want to add Power to the EAPP and E&SAPG's they will need to utilise both companies huge proven coal reserves. I understand (but could be wrong) based on Kibo's model that the coal required for a Coal Mouth Power Plant differs from the washed and graded coal that Edenville are currently producing for the manufacture of cement and steel, and is easier to mine. If the Power Line comes the money will no doubt follow for the Power Plant as will everything else,....or maybe someone else will build the Power Plant and use our Coal. At this moment in time it's all academic until we have news on financing. Too many scenarios, but imo as the Tanzanian Government come under pressure from the World Bank things will start to happen,.....that's assuming we don't go bust.

All imo pdyor

Agreed

Gwynwin
https://www.lonelyplanet.com/tanzania/dar-es-salaam

.....

+13.73% - Bid 1.35

X-Mode Acquires Location Data Assets From UK-Based Location Sciences
by Allison Schiff // Wednesday, January 15th, 2020 – 9:00 am

While certain companies, like LiveRamp, run away from location data – others are running to embrace it.
On Wednesday, location data company X-Mode acquired the publisher book of business and raw location data assets of Location Sciences, a UK-based third-party location data verification company that helps marketers detect location-related data quality issues in their campaigns. Although terms of the deal were not disclosed, the relationship will be structured as a rev share arrangement. As part of the transaction, X-Mode, which collects location data through an SDK and owns several utility apps, will take over Location Sciences’ SDK and all of the company’s location data-focused contracts. X-Mode’s apps include Drunk Mode, an app that lets users track their friends with GPS to make sure everyone makes it home safely after a night out (and stops people from drunk dialing each other), and a fitness app called Burn that tracks your activity, offers up fun facts … and insults you. In return, Location Sciences is entering into an exclusive partnership where X-Mode will sell the former’s insights product into APAC and the EU, both markets where X-Mode has a presence and Location Sciences is looking to grow.

Continued below:

Location Sciences, which trades publicly on the London Stock Exchange, will remain an independent company. X-Mode is getting deeper into location data, despite regulatory crackdowns on geolocation, because there’s still an appetite for responsibly sourced first-party location data, said Josh Anton, CEO and founder of X-Mode. “We’re investing further in this, because of our original thesis, which is that privacy and consent-based legislation will clean up the industry, and we want to ride that wave in a positive way,” he said. Still, location data, regardless of the source, is becoming synonymous with creepy, unauthorized tracking. On Tuesday, dating app Grindr was called out for sharing location data and other sensitive information with third parties, and that’s only the most recent unfortunate headline for the location data industry. X-Mode itself saw a roughly 20% dip in available location data after the most recent iOS 13 update, which alerts users every time an app uses their location in the background. “But we just moved forward,” Anton said. “And since we work with apps that have a real use case for location – transit apps and weather apps, no flashlight apps or games – people open them every day or at least two or three times a week, so foreground location is more than enough for us.” And business is picking up in Europe, where other location players rapidly exited stage left due to the General Data Protection Regulation in 2018, leaving a vacuum. X-Mode claims that with Location Sciences’ publisher relationships on board, it’s now one of the largest providers of location data in the United Kingdom.

“We’re seeing budgets grow again in the EU market,” Anton said. “The scale people are used to in the ad tech space isn’t going to exist in the same way anymore for location data, but there are budgets for quality data players.”

Following strong progress in Q4 2019, we are thrilled to announce a global data partnership with X-Mode, the foremost location data provider globally. This allows us to offer greater location insights to our US Verify customers.

Learn more: bit.ly/2FTI8lK #investorupdate

Just saying !!

Since 13th December the Bid has stayed around 1.25/1.30p with the exception of yesterday when we hit 1.45p and immediately retraced..

It seems last years push and anticipation had a far great effect on the SP than the knowledge that the company have greatly exceeded their expectations.

Not sure currently what will get us moving other than more news!?....

What Dave the West Ham supporter? lol

Great word!, but think it needs to be a different word, and from our leader :))

We need a constant news stream to climb, like our previous rise to 4p plus. No news and we'll languish and decline as we have in the months since July 2019. The bod need to keep up the pressure and keep the Market fully informed imo

If the company was taken-over lock stock and barrel by a major player it would be a Great coup. A tool for them alone, giving them a unique advantage over all other companies/competitors!?