Member Info for aerial

Kencarv
If there was a takeover attempt it would have been counterproductive to kept quite imho

Yes, sadly many shares seem to go down more that they go up !!

Clearly a lot of people are hurting here, but if you believe then this could be an opportunity!?..

Always bearing-in-mind Shares go UP and DOWN !!

Exactly

AND a surprising lack of trades this far...
Market wanting to know which way this is going today imo

something..

Edenville have a Fully Licensed Operational Revenue Producing Coal Mine with 173 Million Tonnes of Known PROVEN Coal in Tanzania.

According to the Tanzanian Mining Cadastre Edenville's Full Mining Licence covers an area of 9.88 sq. km.

Edenville also have three Active Prospecting Licences covering 61.47 sq. km. The total area of all Active Licences is 71.35 sq. km. (27.5 sq. ml.) so have the potential to find and mine up to six times the current known amount of coal.

The Company are hopeful (after the nullification of ALL Mining tenders by the TGov) that they will be invited by Tanesco (as have Kibo Energy) to continue with their CPP to enable them to add power to the Tanzanian Backbone Interconnector Project and Eastern Africa Power Pool.

Edenville are to the best of the company's understanding unique in this area, and have informed the market by RNS that they believe they are on track to become cashflow positive (now) WITHIN the next 9 month.

With the potential of IN EXCESS of ONE BILLION TONNES of Coal within Edenville's Licensed area the (totally overlooked) resource is truly phenomenal giving the company HUGE potential (and OTHER possibilities) should they get the request to proceed with the RCPP and add Power to the Pool.

All imo, pdyor

and irony !!

Madmanrob
Problem with research is you can't research the future,...so imo a general consensus of the invested is a good start !!

Madmanrob
That's what I was looking for !!

What it's not flat?...
You'll be telling us the Americans didn't land on the moon next !! ;))

Mike31
I'm not too interested in the past, but am interested in the bod and the expectations of those invested more than anything else currently. My level of risk on AIM !! ;)

JD
There has to be 'Something' otherwise the granting of the licences would be totally pointless. The problem as always is timelines/how eager they are, and I'm not sure if they do eager!?.. Lets hope the synergy is not communicated by tom tom...

You know my view on the Stiegler's Gorge project!, which I guess is not dissimilar to yours.

If the Institutions and big holders believe, then it's doubtful they would have been sitting on their hands. It is extremely difficult to lower an average from a high position with a relatively stable SP, but any trough is a good time to average down AND increase ones stake/position, Especially if you have a mind to make a bid.

I personally think there will be offers, and sooner than later, but not until the product is fully understood and considered proven.

At this level, surely it's not inconceivable for a really big player to buy the company for itself ?

All imo pdyor

Gary1960
I'm not one to hold back, so my real quandary is whether to invest with a reasonable stake (as an investor not a day trader) or not?.. Whatever the case I will be watching and listening for the foreseeable!

Boffer and I have been invested in the same share for many year. He didn't advise me, and doubt he even knows I bought in. It's just that I like to take heed of the views of people I know. I think most would agree that taking advice from anyone is a fools game.

Thanks for your and Mikes31's reply!!

Love a bit of irony :)

Nov 2018 2.55p 52 week low..
May 2019 17.50p 52 week high...
Since June 2019's 14p it's been almost continually down hill....

I bought in @ 10p as a punt on the views of my old friend BigBoffer, and out (which is not something I usually do) @ 12p with a small profit.

I am looking to try again with a longer view, and would be interested to know what the current expectations (in-short) are from those invested. I know it's a VERY leading question, but I've genuinely not been watching since mid June.

Q: What is the current expectation?, a levelling or a rise, or will it continue to drift before it turns??..

£50m is good for a start :)

I think there is clearly some movement within the MEM with the granting of the seven Mining Rights for the MCPP, and agree there is very little else (never forgetting Stiegler's Gorge), that will fulfill Tanzanian's 'Obligations' to the overall project.

If the TGov/MEM/Tanseco fail to meet their obligations they also lose the benefits to businesses and households along the high voltage transmission line, which starts in Iringa, goes through Mbeya and ends in Sumbawanga, with additional benefits of improved reliability of power supply to the Southern Agricultural Growth Corridor of Tanzania (SAGCOT), which is on the line route.

Part of the projects aim is to establish cross-border transmission capacity connecting Tanzania with the Southern African Power Pool (SAPP) and the Eastern Africa Power Pool (EAPP).

Imho (pdyor) time is running out !!

Stiegler's Gorge History in-short:
Alexander Telford conducted the first systematic development surveys of the Rufiji in 1928-1929, with engineer C. Gilman carrying out further studies in 1938-1940. These studies primarily envisioned irrigation infrastructure with a small dam at Stiegler's Gorge to reduce flooding and protect downstream irrigation infrastructure....

Planning for the Stiegler's Gorge project advanced with three donor organisations. The Japanese External Trade Organisation supported feasibility studies in the 1960s

A Tanzanian spokesman recently said:

"There have been minor delays since the inception of the Stiegler's Gorge Project, but we now expect it to be completed in 36 months".....

Every day is a day closer to next news !!