Member Info for aerial

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On the Bid we currently are sitting around the 52 week high

on the bid

An entitlement of the invested “For”

https://www.energylivenews.com/2021/05/10/government-urged-to-update-2030-renewable-energy-targets/

Via MAST

https://www.energylivenews.com/2021/05/10/government-urged-to-update-2030-renewable-energy-targets/

Only 50 clicks to go :-|

Bid up a click. ...

In the unlikely event (hopefully I’m wrong) of news prior the General Meeting I would expect an update on the day or very shortly thereafter. I don’t think they would dare put out an update before the placing imo

“Proceeds from the Placing, coupled with the Company's existing cash resources, will be used to augment working capital and target additional asset acquisitions, leveraging the natural resources and capital markets expertise of its Board, and significant shareholders, which will be materially boosted by the involvement of Mr Buckingham who is set to become the Company's largest shareholder. The Company also intends to use the Placing proceeds to repay in cash the outstanding amount of US$421,313 owing to Lind Partners LLC under the Funding Agreement dated 6 November 2018”

Post of Circular

No debate, not not debate :)

makes me think that most regulars are of a similar opinion with regards to the recent announcements/investments etc, and that the future is looking extremely promising !!

aimhopdyor

pi
As our off-piste conversation (just for the record) that paragraph appears at a very quick glance to be referring to an inactive prospecting licence or licences that haven’t found ore. Irrespective of what it means our current full mining licence runs until 2026 and if renewed 2036, BUT personally I expect a great deal to happen in the interim prior to 2026.

aimhopdyor

pi
I had a quick look at Companies House, but can’t find the document?.

I don’t understand your point, or what companies house could possibly have to do with Tanzanian Mining Licences?.

With regards to Edenville’s current Full Licence (ML562/2016) that doesn’t expire until 2026 and can be renewed for a further ten years. So we should be pretty safe until 2036

This morning I was talking about the possibly of a new Helium Prospecting Licence within our already licensed area.
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“For a mining licence, the initial duration is 10 years and can be renewed on application to the Minister for a period requested for but not exceeding 10 years”

Sorry I should have said “What makes you think that”? Not, I’m not sure what you mean.

pi
I’m not sure what you mean, but currently only one license is up for renewal, all licences are renewable.

Edenville currently hold licences covering 71.26 square kilometres which is 27.5 square miles all within (to the best of my knowledge) the Rukwa Rift Valley where they estimate there is $3.5 billion worth of helium. This imho has to be a very serious consideration !!

If they apply for and get a Helium Prospecting Licence this would likely fly off the scale imho