Member Info for Sausageonstick

...again today, but also one 6m dump. Ouch.

I'm not sure it's doomed just yes but there are a lot of things that could go out in a RNS.

Farmout discussions - update.
A month ago we were told the parts needed to pump out the condensate were being sourced, we need an update.
Timescales for condensate removal.
Cash levels would be good to know.

All these things we could be told today, but Roland remains silent.

If he stays silent this, in my opinion, will hit 0.05p

Shares come to the market tomorrow, let's see what happens, down again I see today

Time will tell.

...yesterday we don't see people buying in. Makes me feel that those sitting on the sidelines are waiting for a new low to arrive.

Indeed we could be back to placement price by Monday.

Really is time to deliver as my opinion is, with only £400k raised investors that have backed Edenville are running out of patience or money or both!!!!!!!!

Looks like Spreadex has reduced their holding, not sure if that is a good or bad thing

So essentially (and this is just my take on it) they produced an amount in October of oil/condensate which went into storage. They sold some of it, but not all of it, in October, that's the figure they gave us, the amount sold not the amount produced. Then in November they sold oil/condensate that they produced in November and some from storage to make the 3,000 figure for the two months.

Gordon - lol - I bet you were sweating it a bit there before Roland replied.

Gordon,

lol you feeling brave today? Emailing Roland and asking if you can post it on a bulletin board!! I'd love to know his response.

I thought Novum would be back telling how he predicted this drop today 4 years ago and that he has now bought back in even cheaper than when he bought back in last week

Great news 9 years ago when the video was posted. Don't waste your time with the link folk.

"subject to being able to operate during rainy season"

They are already blaming the weather, and what if they can't produce in the wet season then £400,000 is going to be burned through very quickly. They have told us they are sorting their s h i t out, the next 3 or 4 months is crucial, in my opinion, to Edenville surviving. There can be no more excuses, although I feel there will be including the weather

...for how long have I been saying Edenville needed a second washer crusher? This could have been purchased with Tony's £1m which now seems to have evaporated leaving us heading towards 7p and the need to further dilute.

Words are great and today's RNS is full to the brim with jam tomorrow.

If you were a brave individual when it hits the placing price, IN MY OPINION, that would be the time to top up or buy in and hold your nerve for the next year of so. There's a lot of IF's in the RNS but at some point the BoD have to deliver and turn the market sentiment around or it's game over.

I was surprised at how little they raised, they are either confident that the money is coming in or their trusted investors are now only prepared to pump much less than they previously were.

For me, all things are pointing to rapidly either reaching success or the end game of throwing it all in for Edenville and closing the company down. If the money runs out, I wonder how much people will be willing to invest next time they get the begging bowl out.

Lol, I guess time will tell but with no substantial news due this side of New Year when > 1bn shares arrive, 0.05p is more likely that 0.1150 in my opinion of course. Let's see what the next few weeks bring.

I'll average down when it hits 0.05p

Unfortunately I think there will be opportunity to average down at a lower price, before the rise starts.

Just feel like SYN need to use this slow period to promote the company via their (social) media channels or set up interviews for Roland.

Gordon,
I know the feeling, realism is always mistaken for something else, pumping or dumping whichever way it is going.

Substantive news is going to be pretty lean, in my opinion, over the coming 6 weeks or so. By substantive I mean announcement that the condensate is finally all clear and also the farm out has been signed.

Anticipated, gives Roland wriggle room. "Would" doesn't.

Lol, you mention water under the bridge and then go on the describe something I still don't recall and you can only give sketchy details which somehow implicate me.

Don't mistake pessimism for realism. We know farm out discussions will go on into q1. We know they still don't know timescales for condensate removal. We now that over 1bn shares are being transferred to Aim at the end of the year.

I can't see where the positive is coming from at the moment. That's just realism.

I didn't post on the 8th September, that I can see.

Gordon, unfortunately they didn't say it WOULD fall in current budget. They said "It is ANTICIPATED that the cost will fall within the existing budget." Anticipated is not the same as it will.

Remind me, when was I pretty shocked, I'm very much a fire and forget type of bulletin board poster. If it's on my mind I'll post something but I never memorise what I post, some on here seems to have photographic memories lol.