Member Info for john_z_doe

Reversal of Sell - 05-Dec-19 12:29:13 0.405 -1,500,000 Sell* 0.45 0.50 -6,075

BUT I CANNOT SEE THE ORIGINAL SELL on 05-Dec-19???

I still say wait until the New Year as I believe we will all get a late Christmas present.

Obviously you do not eat the correct food???? Ha Ha Ha...

GW - A couple of years ago I did say I was hesitant about RS being CEO as he is a miner and NOT a director .
BUT...
I also said to give AM time to get to grips with EDL and it looks like this is what he has been doing and I think after a 4 week look around he has come back to us and been honest. NOW we need him to give his views on the best way forward so that the PI's can benefit along with everyone else and not just RS' MATES.

As I said earlier -

"The company is also predicting a “further uplift” in sales from existing customers in the fourth quarter as the busy Christmas season boosts demand from advertisers."

I expect very good news in early January, after the Christmas period and January sales...

Aerial - as I said give him time, and although it is a VERY VERY BAD read, I believe he is being honest with SH's

Saus - do not forget the US$750K was it at the end of last year???
I would like to know where all the money has gone and for what. 820 tonnes over 9 weeks?
This gives us a grand total of approx 4520 tonnes a year.
Is there still a double shift? I would find it a complete farce if there is.

So the Q1, for cash flow positive, is out the window and Alistair , is saying :-

"our aim still remains to become cash flow positive from operations during 2020."

Well we know who has been selling shares - InterTrader Limited 53.5M

AND I bet this is one of the companies who will be involved in any share issue in the future. OR NOT if one of RS' mates...

Nothing seems to have changed... It looks like the BOD will be grabbing shares up for nothing to line their own pockets, in lieu of monies not taken.
I expects a bad RNS but nothing like this.

WHAT does he mean by :-

"Following conversations with its broker and major shareholders, who recently participated in the September 2019 equity issue at 0.05p per share, the Directors believe sourcing this capital would be achievable."

Someone trying to play a game here, BUT L O S T...

Aerial - Just had a thought... It wouldn't be you doing the selling :) :) :) :)

At least 100% profit being made, IF and I say "IF" being sold by someone who bought at 0.02p OR less...

Pi - I would not be surprised if it happened..... someone seems to be doing this a lot... last was 10M sell then reverse then another 10m sell., minutes later.

Almost 10:1 for BUYS and no movement whatsoever....

Well - InterTrader Limited has sold about another 25M shares

Lets see what news comes out at the end of December????? If any. I would like to know how many firm contracts EDL has at the moment, and for what tonnage????

Gwynwin - only 29M the other 25M were cancelling a previous trade.

On coal power. (BBC web site) https://www.bbc.co.uk/news/science-environment-50520962

Meanwhile, the US has seen the largest reductions in coal-fired power generation.
This comes despite US President Donald Trump's vigorous efforts to revive the US coal industry.
Eight US coal companies have filed for bankruptcy this year, including Murray Energy, the largest privately held coal company in the country.

A N D not a move on the SP???? With O V E R 29M bought

Pi - look at the time of the post and what it says????