Member Info for Sausageonstick

With wet coal too wet to process and the Company only committing to supply 2,000 tonnes per month from June 2023, thus payment likely in July, you'd be a brave individual to buy right now.

There's a possibility Edenville won't even have a mining licence in July!!!!!!!!!!!!

Going to be in the 4.xp soon, with no positive news on the horizon.

We should be talking about 2,000, 3,000 or 4,000 tonnes a month, but we are now talking what Edenville have to do to hold on to their licence!!! It is truly awful. Under whose watch did this happen "historically failed to perform certain tasks required under its licence" Rufus? Alistair? Who was it that took the money and failed to perform the required tasks? Whoever it was are they now sat there reading the RNS laughing at the money they took and the failures they made?

They have prepared us for no progress on coal output by stating "which could be for several more months."

Back on the 6th December they stated about the placing

"In light of these developments the Company has undertaken a placing to raise gross proceeds of £400,000 to provide additional working capital, to settle outstanding creditors and provide sufficient funds to meet any unexpected adverse judgement as a result of the aforementioned legal claims. The Board believes this placing is sufficient to ensure the Company becomes cash flow positive from operations in the coming months, subject to being able to operate during rainy season. Details of the placing are outlined below."

"subject to being able to operate during rainy season." well they are not, so I doubt they are cash flow positive when they state "For the period from 1 January 2023 to 27 March 2023 the Company has sold 948 tonnes of washed coal generating revenue of approximately £34,500."

So when is the next placing to further dilute and at what price 3p?

Someone needs to get a grip of this company!!

https://dashboard.moyesco.com/
"Synergia - India
Synergia is offering an opportunity to participate in a farmout of no less than 50% of its interest in Cambay Field, State of Gujarat, onshore India. This is a significant and largely undeveloped tight gas resource play. Legacy facilities are already in-place and are sufficient to support incremental production from the proposed work program and future development activities. The proposed work program consists of drilling at least 10 new multifracture horizontal wells to increase production and exploit the 206 BCF of P50 reserves."

No less than 50%?

Said it before, say it again, I'm a realist. If it's good I'll sing from the rafters, if it's s h i t, and it is s h i t, I'll say it as so.

Edenville have pretty much been told to get their mining house in order or there's a chance the mining licence will be revoked. Not good.

Leave it a few weeks and it will be tuppence!!!

I'm not going to say I told you so, but................... (5.75p)

Exciting times for the patient ones.

JV chat been going on 6 months and due diligence taking place, every lining up nicely for the big RNS to drop at any time.

Might catch a few out when it finally arrives

6.375p

Que someone telling buys are showing as sells.

I've seen Aussie Gold Hunters where the soil they are putting in is too wet for the machinery before the soil gets to the washer part, so they have to stop, the the programme cuts to Marnie swinging her gold detector!!!!!!!!!

Who was it that asked why would I say 6p a share, and I replied that's what I believe will happen? Well we sit at 6.625p with no guarantee Edenville can continue to mine it it can't afford to fix 'stuff'

And how much is this going to cost Edenville to fix? The £400,000 isn't going to last much longer!!!

Can only see a placing in April

The only thing Edenville is useful for now is as a tax loss against which profits from elsewhere can be written off lowering your tax burden.

35,000 dumped and Edenville goes red and still no RNS. Is this just a lifestyle company now? So many people have tried to make this work but still we sit at 6.875p.

... is everyone that NSTA will announce the results of the CCS licence competition by the end of the week?

Really, Quint? For how long will they be permanently closed??????

"I will no longer post on this board or Twitter........My accounts will be permanently closed from tomorrow"

At least we know the answer to the 'insider information or a big fat lie' conundrum.

I love your honesty Eagle - lol

I said you could do some research, don't base your investment strategies on listening to other people on bulletin boards. Your comments (If you ever came out with some insight as to the investment merits or risks of Roq I would listen) probably says more about you than me. Good luck, tell me, did you get your investment advice re: ROQ from Twitter?

I'm sure they wont be interested as well, but I was just confused as to how we swerved from FCA to LSE

I said FCA, you said LSE. So I'm confused - what are you talking about?