Member Info for john_z_doe

Would Kibo's rns mean the same for EDL????

The new machinery will have been installed and all the bugs should also have been ironed out, so now working.

As per previous RNS this should have improved coal processing and therefore also coal sales.

We have never been party to the terms of payment, which could be quarterly? Bot the new machinery means instant increase in coal production, so by January the payments will be rolling in. A nice thing to be looking forward to and should set the shares up once the RNS comes out.

I cannot believe the sell is someone who has been holding , but I can see it as an attempt to reduce the SP.

Saus, I just wanted to post this to see how it compares to the RNS I am expecting.

8th Jan 2018

In parallel, the Company is in detailed discussions on contractual terms with several of these groups and others on potential orders that total over 10,000 tonnes of coal per month. One group is requesting a regular order of 5,000 tonnes per month, whilst two others are requesting 3,000 tonnes each per month.

31st January 2018

Edenville's mining operations are proceeding as anticipated, with high quality near surface coal being extracted from the Mkomolo deposit. Mining operations have been able to keep pace with demand and plant capacity despite the seasonal heavy rains.

The Company's wash plant and associated equipment is currently running at a throughput of 30 to 40 tonnes per hour, operating six days a week for 8 to 10 hours a day. Edenville is therefore in a position to process 8,000 to 10,000 tonnes of mined material per month.

Subsequently the Company intends to install both a Lamella water treatment system and pre-screen technology to improve the overall efficiency of the plant. The Lamella water treatment system will remove mudstone and coal fines from the water, providing the plant with cleaner water and the pre-screen technology will pre-screen the mined material, removing coal fines before they reach the wash plant. Once implemented, hourly production rates should increase to 80 to 100 tonnes per hour, thereby bringing operational costs per tonne back in line with management expectations, in parallel with the plant reaching its full production capacity

Additionally, the Company has received further orders for trial material in the last fortnight. These requests include one for 4,000 tonnes of coal from an industrial customer. This customer has indicated that, if the product is demonstrated to be appropriate for their needs in trials, they would seek to increase their order.

In aggregate, trial and other orders for approximately 9,000 tonnes of coal have now been received and these have either been shipped or are in the process of being fulfilled. All have been, or are being, supplied on a commercial, paid for, basis.

LG - When was the last time you said/thought of 0.19 as 0 point 19(teen) rather than zero point one nine????

Could be good news for the likes of TANCOAL,. TANESCO ordered to generate 5000MW
https://t.co/g6v4K4I4f4

I am fine thank you.

So you are saying that a child is a teen when they reach 0.11 - 0.19 seconds/minutes/hours/days/weeks/months/years?
Personally I would say when they reach the 11th year to the 19th year, myself, but you go on.

I would say 0.11- 0.19 as zero-one-one to zero point one-nine???? NOT zero point eleven - to - zero point nineteen???

Then again as you always say you know everything and the rest of us know nothing????

Thank you but I think you have it the wrong way... You are the one who posted here of the SP being in the teens by Christmas.

Or is it a different course you require? To improve your writing skills and using the correct wording?

Bestist of luck in your near future...

The MM's playing games with the SP.

If you look around at other AIM shares you will find a small sell drops the SP a lot whereas a LARGE buy has little reverse effect.

My belief is that someone wants shares so trying to get SH's into selling. could be shorter's needing to close positions?

Or just MM's wanting to make money by having a large spread, although it has reduced from 18.18% to 13.5% recently.

So Norrab1 thinks this share will have 50 bagged by Christmas.

Certainly trying to ramp up the stock would you say? A RAMPER???????

Buyer ended up paying £59 more for the 2.35M shares?????

I thought you might have WHITE it again :¬)

Surely you know the difference between sentences and a list of points?

Mon, 24th Sep 2018 07:00

From 1 January 2018 to 30 June 2018 31,169 tonnes of Run of Mine ("ROM") coal processed, producing 8,808 tonnes of washed coal and 13,775 tonnes of fine coal. Of the 8,808 tonnes of washed coal, 4,221 tonnes were shipped

From 17 April 2018 to 30 June 2018 the mine produced 5,348 tonnes of washed coal and 7,004 tonnes of fine coal. Of the 5,348 tonnes of washed coal 2,314 tonnes were sold, resulting in recognised revenue of £59,310

Two year contract for coal supply of 4,000 tonnes per month secured

From 1 July 2018 to 17 September 20,945 tonnes of Run of Mine ("ROM") coal processed, producing 6,186 tonnes of washed coal and 9,523 tonnes of fine coal. Of the 6,186 tonnes of washed coal, 4,947 tonnes were shipped

Average daily shipments (calculated on a calendar day basis) of coal of 63 tonnes post H1 period, up from 51 tonnes in July 2018 and 23 tonnes for the first half

From the above we get:

17 April 2018 to 30 June 2,314T sold revenue of £59,310

SO...

1 July 2018 to 17 September 4,947T were shipped (SOLD) revenue of £126,796

If sold on same price as previous.

IF, and I say IF, the first revenue which works out at approx £25/T is
the same for the 2nd period.

It is all up to you Rufus.

DO YOUR THING..

Aerial - I am expecting an RNS containing info about the new equipment and also an update about the "current production"

See what the next 5 trading days brings for EDL...

GLA LTH.....