Member Info for aerial

The first substantial piece of the jigsaw over the line will be followed closely by many other pieces imho

Transport and Logistics
The mine is located in a strong position in western Tanzania for transportation and logistics.

ROAD
Excellent road network north and south of the project. Multiple road access to Zambia going south.

WATER
Lake Tanganyika provides barging options to take coal north to NW Tanzania, Burundi, Rwanda and the DRC.

RAIL
Access to the rail network via Mpanda. Rail network of Tanzania undergoing major upgrade for both freight and passenger services.

https://edenville-energy.com/operations/

"What, I'm a lumberjack"? lol

eriesy62
You would think that in 20019 accurate honest figures would be a prerequisite. Sadly this market couldn't function with honesty!!

Most invested do not frequent this board, and it has become clear that a few of the ones that do have no interest other than to disrupt by discord. I understand all the criticism, and agree with a lot of it, but don't understand the mentality of posters that want the company to fail?.

I have been investing since circa 1980 and have had one substantial £39,000 loss. The share (OXB) crashed and bounced,....my error was setting a Stop. My point is that I don't go back to that board whining about the company and trying to tear it apart.

I spent many years communicating with Edenville, checking the Tanzanian Cadastre, sending e-mails to the TGov/MEM and speaking to Ministers, and posting that information. That information has now ceased because of where we currently are. There is nothing that the Tanzanian Government can tell us as the Company is a Producing Coal Miner (soon to be International Exporter). We know as much as is available currently from the recent RNS, and no amount of dissection will change that.

Never forgetting the Tanzania-Zambia Transmission Interconnector Project/EAPP which Edenville and Kibo (Kibo as late as two days ago) are still hopeful of being party to.

The Tanzanian Government moved the goalposts, and the CPP that I invested in changed. Sadly you can't research the future. It is only because of the bods foresight that we have a revenue stream at all.

Imho news of the TZTIP/EAPP in relation to Edenville and/or Kibo will send their respective SP through the roof.

I live in hope!

Pdyor

SheerClass
Something of the likes that I have never seen caused it? I can only say that I am extremely disappointed, as this was looking to be a pretty rapid success. Hopefully it still will be, but the bods silence has tarnished sentiment imo This can turn around in no time at all with the right news, but it needs to be something special.

I wonder their reaction to this situation? and why do companies watch their value plummet and fail to address it? Very disrespectful to the people the kept them afloat, as a releasing a steadying RNS would have been the correct thing to do.

All imo

GreenWolf - With the greatest respect, you worry too much!

You will sell out, but if we suddenly arrive at my average I will almost definitely place a Stop and sit on it. Offer me my average today and I'll take it. I'm really not interested in the risk or I wouldn't be here. I have added and put aside another 10m for the grandkids in the last weeks, so that can sit there for years if necessary. I am an optimist if you hadn't noticed, and I genuinely believe that 'what will be will be', and there is absolutely no point in digging holes and worrying about it. If it goes tits up I've lost my money. (I won't be pleased).

My younger sister died in April this year, diagnosed and dead in 4 weeks (no response necessary).

Look around, it really is ONLY money !!

JohnZ
I can see the same as you?..

I added a cheap 25k just before close.

I have never seen anything as strange as today in all my years of investing ????

Whippetout
That we are very close to 1p

Something went wrong!

You can't have £60k buys and £3k Sells and be down 23.44% ????

Buys 20/1

That cannot happen??

Down 21% (thus far) today alone?...

New All Time Low

MCap £5m

Still NO Response?

GreenWolf
I’m surprised you are still invested here if that is your view

and in that regard absolutely nothing has changed.

The bod and their partners have a very great deal of share, and I have no doubt that every single one of those people have considered what their total holding will be worth if the SP reaches x amount. Consequently I think it's reasonable to assume that they want the company to succeed as much as the invested, and in most cases they have very much more to lose if they fail.

The new CEO will have a fresh prospective, as I doubt he had even heard of the company for most of the years that we have been invested and gritting out teeth.

My feeling is it's also reasonable to assume that he (Alistair) has been brought in to finally kick this company into touch!

Finance news will move this again, one way or the other.

All imo pdyor

L2 says one more sell and we will have a Bid of 1.4p

Only some sustained buys will change that imho

shandypants2
I don't disagree with much of what you say, and you could well be right. The company appears to have done the figures, and consequently stated that a placing will probably happen mid 2020 (from memory). I believe they believe that was the case when they said it, and things can change, and even sometimes for the better!

I think MS wants to succeed, and expects to reach 12p,.......I hope he does !!

Sausage
I would like nothing more than to see everyone make some money here, especially the long suffering like you that I think have been here longer than me. If your original holding and average is unchanged, do you not think (under the current circumstances) that it's worth looking at slashing that average for peanuts compared to your original investment? Not advice, just a thought!

All imo pdyor

thus far this week !!

New all time low...