Member Info for john_z_doe

Todays RNS says

"remain on track to become cashflow positive within the next 10 months, targeting an initial 6,000 tonnes per month of washed coal production, which we consider to be a break even level, increasing to 10,000+ tonnes per month thereafter."

Now is RS saying 10 months and 1 week or is he saying 9 months and 3 weeks?

Being pedantic, BUT are we going to get another RNS in a few weeks which says exactly the same?

I reckon are buys?????

???????

come on MM's reduce the spread??? HUH...

Aerial - I would like to hear they produced 1.2K tons of washed coal this month, so at least there is an increase from 1K tons.

Just to show production is increasing? If he wants 10K tons per month, in 10 months, they should be increasing production NOW.

Aerial - This is why I am waiting on the AGM RNS for current info about EDL.

after this we will have a waiting game on when the next RNS will come. as you are aware RS is not very good with releasing updates.

Aerial - Just to dampen spirits... :)

Still no news on AGM??? HUMMM

countingcards - I put forward this is being PUMPED/DUMPED on a daily basis, since the shares issues on the 17th May

Look at the share price graph....

Aerial - good luck and I take it you will be leaving this BB soon?

But coming back from time to time?

tends to happen with EDL after a RAMPED RNS.

DegsyAlmomd - More often than not clients DO NOT sign.

All you have to do is look at all the RNS's which say "with several potential new clients expressing a wish to purchase its washed coal"

Then look at how many have actually signed???? I would place it at 1 :10. On the optimistic side.

DegsyAlmomd - at your games again

RNS states - "with several potential new clients expressing a wish to purchase its washed coal. Although no assurances can be given that these expressions of interest will translate into formal contracts"

Still truth lacking?? HUH???

esquimo - The latest RNS DOES NOT "promises an increased production and sales"

in the first 2H 30M...

And down 12.90%

PI - Do we know if the US$45K repayments are included in the break even???

This is a large monthly amount????

Aerial - There you may be correct.

But I still say this RNS is no different to the others. :)

JMT

Aerial - be honest, this is a rewrite of all previous RNS's.

The shares go UP, the shares go DOWN....

A standard EDL RS RNS.

Aerial - do you not mean 84M Reversed????

Aerial - had all this before.

Only not had 6K month break even.BUT does this include the US$45K monthly payment?

Aerial - Already 1 week past last years AGM RNS date 5th for 28th.

Looks like it will be in July?

A general meeting required to be held by: A public company within six months beginning with the day following its accounting reference date

Accounting Reference Date is the date in each year to which a company's financial accounts are prepared. This date is usually the last month from your company's incorporation date. For example, a company incorporated on 12 May, the ARD will be 31 May the following year