Member Info for comeonvog

bigboffer , i also sent an email requesting an EGM .

john_z_doe , no nothing . i will be following up with another email later today.

So with that logic we can expect a discounted placing every March/ April .

BilboMultiBaggin they have been in Tanzania 8 years. It rains heavy every year, it's an annual occurrence . To place at 0.35p is incompetent and a total disregard to share value.

Is price sensitive not also applied to why he needs these funds so quickly and at such a discount. We have no real information to make a judgement , what is going wrong at EDL. To me it stinks of incompetence and the only people to gain are the people who were privy to this placing. Rufus Short, Edenville's CEO commented:"The Placing will enable us to both expand our mining and processing operations, as we seek to maximise long-term shareholder value. " Well RS your long term holders haven't seen any profit yet , that's is a joke right.

J4yo - 4,100,000 markettimer - 6,100,000 seanyj1 - 3,000,000 COV- 809,496 . not a lot but still hacked off with this blatant disregard towards existing shareholders. 0.35p

RNS dated 4th Oct 2017 Rufus Short, Edenville CEO commented: "The net proceeds from this over subscribed placing are expected to take the Project to the point where it is cash flow positive, a fundamental advance for Edenville. We are in detailed negotiations with coal customers and believe we currently have sufficient interest to justify our plans. If things have changed he should be informing the market , 3.25 on a Friday after noon is disgrace.

There is no justification for this placing if you were to follow the supposedly progress of EDL over the last 12 months. If things have changed the market should/ must be informed. Rufus Short as CEO of EDL are you looking out for your shareholders interest , i think not with this placing.

Again this is the problem that the management need to inform the market of a situation that will financially affect the company. That is the whole point. An rns at 3.25 on a Friday afternoon of a placing at way below the average price through out the whole of the last 12 months is just damm right blatant disregard towards current share holders. It's really that simple.

Just sent another email to Jeff Malaihollo detailing how totally underhanded the way in which this placing has been conducted and utter contempt to existing shareholders and to do this on a Friday afternoon , disgraceful.

Gwynwin," So I think they maybe doing a great job under the circumstances ". What to issue shares at a huge discount to the last 12 months trading average. We don't have enough details to tell if they are doing much at all and if they were why issue shares at that price 0.35p , there are alternatives if the business is about to become profitable. This is the easiest way they have chosen and it's not acceptable IMHO

Plenty of paper pushing till the need to start spending big, that's why they are " cracking on " . The more work they do now results in a higher valuation. ;-) . this quote from a reliable source.

Rufus Short, Edenville CEO commented: "The net proceeds from this over subscribed placing are expected to take the Project to the point where it is cash flow positive, a fundamental advance for Edenville. We are in detailed negotiations with coal customers and believe we currently have sufficient interest to justify our plans. We look forward to Edenville becoming a significant coal producer in the East Africa region and I look forward to providing our shareholders with further updates in due course."

yorkibarkid , if EDL are encounter problems that affect there financial position we should be informed . If the BOD are not doing that what conclusion do we come to.

brightspark this is another problem with this RNS absolutely no information. Do they just expect us to take this laying down ,issue shares and all is forgoton. If they are having problems it needs to be RNSed , we need informing of changes that might affect the company financially.

jazbo , that is the crux of the problem they are not selling enough coal . As stated on this board many times they need to up there game and get a professional salesman on board and not just rely on the good faith of the market to hand out placing willy-nilly at ridiculously low prices. This stinks of a BOD who are not up to scratch , untrustworthy , incompetent , and most importantly have no interest in protecting shareholders i.e. PI's. Second email sent.

Chariot , Look at the last time Lo reduced 30th Aug 2017 when the SP had already fallen from 50p+ to around 32p to then recover to 40p+ . They like us are always adjusting there position and don't always get it right. Personally i wish they had sold a few more as i might have been able to pick up some more stock around the 30p mark, i fear with the limited free float that time has now gone. 40's next week .

How can he stay in management after this placing , as you say seanyj1 , all credibility is shot. I can not for the life of me understand a placing of 0.35p , if money is that tight they should take pay cuts as there is no share holder value at this price.

Please email Jeffrey Malaihollo jeff@ccgoldfields.com we as investors , although a say that glibly need to have our voices heard . this is a despicable placing at 0.35p when the SP through the last year has averaged around 0.65p.

I have just sent my first email to Jeff Malaihollo Sausageonstick., I also sent 2 emails yesterday through the company web sight contact page. I will be sending another tomorrow and Monday , they should not be allowed to place at this totally ridiculous discount and as for options , they deserve NONE .