Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
There has been talk of upgrades to the northern alliance,SW NHS trust, even upgrades in the USA, India and the vets but nothing material as yet, in fact total silence.
It's odd that selling is a problem?
The current pre-consolidation SP of .36p would make this cheap!
As yet no hint of contracts anywhere!
A little over a week for the QVH tender to close, let's see what happens then.
The problem with politicians they do not take notice of what the experts with experience say because they always know better. The COVID hearing is a good example of that and that is why the economy and the health service is in the state it is.
Elartu's post 9/11 21hrs is worth reading .
The mention of pounds not penny shares by our new chair. appears to have had some effect.
As far as I'm aware any change in assets and strategy would be classed as price sensitive and should not be released via the local pub or gossip box, it should be treat as such and released via RNS.
Better / belter.
Of course there's an RNS coming there always is eventually.
If there was anything substantially solid in the casual gossip there would be the traditional reaction from the market. At this moment in time the only reaction is normal for EDL/SKA, and that is the steady decline in the SP.
The next RNS needs to be a better!
GW, sadly that is the current state of this company. Not even a hint of where we are going!
Until our new board update the market we shall remain so.
This must be at its lowest pre-consolidation level now, it begs the Q why sell with the AGM this week and possible news before then, the successful application of BLEEPA in two authorities, makes this an opportunity for new comers
also to average down for holders.
Are they actually mining coal or are they just trying to clear the stock pile? I don't get the impression that they are trying to sell coal if they are not fulfilling the small orders that they seemingly had in March.
The update apart from the usual poor financial side had very little info in it, the Q I have is what are they not telling us?
Like you GW, I sold my recent low price buys into the rise, not a bad return,but still a long way down overall.
BB, agreed, I sold part of my holding on the last rise, still holding a few.
There will be more updates in due course,we shall see what effect they have on the SP.
On this BB says it all!
Not a decent days production since March, only the odd bucket going out of the gate and another wet season looming. Contracts zero, situation normal?
HP69, thanks for that.
Little point in a Q&A but no answers.
Now .36p pre consolidation.
BB, agreed and I thought it was new information but it's the same wording used in a much earlier EDL RNS.
I did think it was strange that there was not an RNS, as it would be price sensitive news.
If production had improved from March I feel sure that it would have been posted but instead we have had silence since April when they said that the latest production figures in that little sprint in March would be up to the 2k tonnes target.
Just another misleading message for newbies , no RNS no information that can be relief on.
All paths are strewn with stones.
To some they are stumbling blocks, to others stepping stones.
EDL, has spent it's lifetime on the first option, will they now
be taking the option No2.
We still don't have a name change or the proceeds of the share issue in the bank, why is the Q.
It looks like his 16p prediction is about to come true!
This is the most positive action I've seen on this share, with updates and proceeds from the new share issue still to land in the bank. Żak Mir's 90p prediction last year would be nice to see or anything In that direction.GLA.