Member Info for esquimo

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.

Once Noel Lyons finished with his broom and shovel, things looked a lot brighter. the new additions, financing with a definite direction puts EDL/Shuka as you say on the strong buy list .

SOS you never know we might just get a chunk of our hard earned back sooner rather than later, it has been a long haul !

450k looks like a Spreadex trade, we shall know in a couple of days no doubt.

Rules/Rukwa predictive text

I think JB made two things clear, Rules is a valuable asset producing coal, the value of which has yet to be determined, as a producing asset or as an asset to be sold.

But the main drive will be away from coal as financing is more readily available. The income from diversification is sometime in the future leaving coal as our only source of income, whatever that may be. Until the markets are updated we have no idea what that income is or will be.

Whatever's going on people are buying into it, hence the rise in the SP.

I see the tick ups continue. Perhaps we will get that update on Rukwa and a clearer view of what a modest production is, bearing in mind they intend to exploit a new coal seam.

No mention of current or new contracts or the ability to fulfill them.

A producing mine indeed ????????

There's a few in the same boat, some have been in longer.

Magafuli has a lot to answer for!

Now it would seem we just might be on a turning tide.

To provide an update.

Silence since April.

No production details, ??? contracts, all points to the same big fat, (now geriatric ) rat scurrying in the woodpile!