Member Info for GreenWolf

Bigeye - look up AIM rule 18 to see what is included in Interims. The BoD don't just pull those figures together every six months, they'll be doing it regularly and consolidating and reviewing them each month. They'll also look at costs and revenue versus outputs (tonnage). Like I said, look at our share price - the market never lies - it's not my opinion it's there in front of us. The BoD can help that with updates to build that confidence back. GW

Bigeye - but you've hit the nail on the head about performance. The market needs confidence in us, which actually leads to investor patience. You cannot build that with woolly RNSs, particularly when we had such a bad year last year. It has to be figures. It's clearly not good enough and our share price reflects that - its the market speaking, not me. The BoD must have those figures. Why aren't they releasing them to build that confidence back? I am actually truly hopeful for all of us that the Interims are good. GLA

Bigeye - it's fairly simple stuff for the BoD - tonnage informs both costs of sales and revenues and the balance sheet. I'd be very surprised if they aren't consolidating these on a more frequent basis than even once a month given how critical it is at the moment. Let's try and stop disagreeing on some very fundamental problems we have and the market can see - our share price is on its backside yet our 170m plus tonnes of coal hasn't gone anywhere. So it is still an asset. How tangible it is as an asset (can we actually make profit from it) is the one question that the BoD isn't giving enough information about. They have to know as it's part of basic accounting principles which is part of the interims. I'd like them to give us at least an idea of how we're doing regularly, perhaps quarterly might be a decent start, because they should already know. GLA

Bigeye - you won't let it go will you. If the right information to please me (and given our share price the market too) isn't available then there will be no Interims by 30th September. Hopefully you understand how a company's P&L works. I've explained at least twice why I am patient in my other shares or cant you comprehend the basics there either? Is it going to be yet another day of a Bigeye tirade against someone because you simply can't stand a disgruntled investor telling you why? It is now 18months since we should have been at 10000t - why is it so difficult to even give us a quarterly update on operational figures? GW

Gwynwin - don't disagree, although I suspect most of the "big boys" made a killing when the share price dropped to 0.02 and then went up 500%. No rhyme or reason for that price swing IMHO, which certainly makes you wonder. Best of luck over the next ten days. It will tell us a lot. GW

Solley - agree wholeheartedly. Personally I take little notice of brokers notes and recommendations as there's normally some agenda off the back of it. That aside I get the feeling there's some good news on the horizon. GLA

Bigeye - I may be too stupid to understand if you're playing a clever game, but your continued posting of the below is doing nothing but make you look like an idiot. If you read and DIGEST (apologies in advance for the caps) my last post you'll see clear reasons why I have no desire to moan about those other three shares. Why has the number of operational updates got an iota to do with what I am on about? Rufus could issue an RNS every week but if it doesnt include the numbers, facts etc ad infinitum that I constantly have to talk about ( things that underpin company fundamentals and give investors PATIENCE) why bother? I'm not moaning about lack of numbers of operational updates for Pete's sake - I'm moaning because we dont get the right information that supports our operational future. It's worth reading the November 2017 RNS if we're talking patience and facts - third paragraph. I think I need a beer. GW

aerial (and Bigeye) - the issue around facts is exactly where I am coming from. There is great "potential" here, we all know that and it's undoubtedly in some of my posts, but the last P&L figures for our first full year of mining after starting in October 2017 were dire. End of - that's fact. Rufus keeps harping on about efficiencies coming in production, further contracts, sales etc etc but it's hard facts (numbers) that investors want. The market doesn't react anymore on AIM to pure speculation. Bigeye keeps going on about my other investments - two of them are main market shares with tangible assets well in excess of any debt levels, paying a dividend and making annual profits. What do I really need to worry about? They've both been shorted over the past two years but the fundamentals are solid. The other is a share that has gone up nearly 150% since I bought in and keeps the market updated far regularly than Edl. There is no comparison to here. That aside, the market doesn't lie. What is said on here has absolutely no bearing on the price of our shares - anyone believing the contrary is a fool. The price relies upon fundamentals (it's that word again) - our last accounts are al we currently really have to go on. That's the primary problem which is why our Interims are absolutely crucial. You made a point about trucks in the August RNS - RNS's like that will have little or no impact on the share price, although I accept it may cause some short term volatility, purely because it tells investors nothing. Facts in private businesses whether listed or not is all about one thing - profit - and if we can't get to break even quick enough or at least demonstrate with hard factual figures that its coming (and we may need to get there sooner that next years expected point) we're stuffed. That's not moaning that is basic P&L fundamentals of every single private sector company. The reason we don't have civilised debates on here anymore is the first time anyone dares to talk ill of a company where most of us are 80/90% down they get shouted at, derided, called names, accused of deramping etc etc and at times almost ganged up on. No wonder people don't bother. Now can you pop your head round the door and ask your mate to be a bit more civilised please. GW

Perhaps explain your "point" in more detail, so it can be crystal clear?

Bigeye - and your point? Why dont you stop the continual castigation of other people, accusations and at times defamatory comments. You quite clearly dont like people moaning about the fact they're hugely down on their Edenville investment and the current facts we have (numbers, not subjective words) point to a struggle for us to demonstrate economies of scale and reducing cost of sales. You're almost on the verge of bullying people on here at times. What shares I own and what boards I post on have nothing to do with you or anyone else. And the one share in my portfolio showing the biggest paper loss is the one I'm moaning about. Please grow up. GW

Taking a bit of action on the childish name calling. GLA

Bigeye - I'm not here for five minutes either and looking at your post history have probably been here longer than you. I have a not insignificant holding in Edl and I post how I feel about an investment that on paper needs to make one heck of a return. My views on an open public forum won't make one iota of difference to how the market or investors react. They'll do so on company fundamentals. if you think it does make a difference then perhaps you need to reflect on calling me stupid. The fact is you and aerial are "mates" and for some reason any adverse posts on here are quickly covered over with new posts and the person involved vindicated. That makes me wonder what " you lot are". If the BoD released more positive facts, which you've even accepted they haven't recently, you might find that I stop moaning. I'm entitled to my opinion based upon the current facts we have from the BoD. Shouting me down with the jam tomorrow view isn't making me look stupid. Perhaps you could provide some objective comments on the article I've referred to today or is that just someone else moaning for moaning sake. Perhaps let's leave it there, as you clearly have no factual (not subjective) content to post on how wonderful everything is here for us. GW

bigeye - Can you post any current positive facts that our BoD has provided? Perhaps pull your head out of the sky for one minute and read the Simply Wall street article that quite succinctly summarises how both the market and hacked off PIs like me feel and why. I assume you're happy being, I suspect, 90% down on paper? And can you clearly explain what you mean by "calling you out for what you are" exactly?

Bigeye - you can all the positive or negative sentiments in the world, but there are a few on here that keep talking about dealing in clear facts. That's all we need from the BoD really. GLA

Gwynwin - its £100k per month profit by your calcs, which would do me fine and put us on a decent operational grounding. I think a non-mathematician recommended your post!! GLA

JZ - no we need 3 things - we also need information on margin, which in essence is our revenue vs cost of sales. It's really important for us and the market to understand if we are starting to move towards break even through economies of scale from increased production. We can be mining 50,000t of coal and selling the lot, but if our margin is next to nothing, that would be a real issue. GLA

...Simply Wall Street yesterday. Gives some high level facts on the P&L and the challenges our BoD face on investor confidence. Come on Rufus - let's have some good Interims please. GLA

aerial - as you say it's pure speculation without any facts from the BoD....oh, hang on? It's why news flow is so important for us and the market. Interims cant come soon enough - they dont have to wait 3 months to publish them. GLA

Says - And reducing cost of sales per tonne to demonstrate we're starting to get economies of scale

bright - it was 24th September last year so expecting them anytime soon. GLA