Member Info for Sausageonstick

....from 5% to 4.5%, I wonder why?

Maybe Roland had a solid poo rather than a runny one.

And so the drip feed of sells continues and down we drop. Now what was my prediction?

With 8 billion shares in existence, surely the possibility of consolidation is looming somewhere on the horizon.?

I'm more than happy to be bullish ONCE Edenville diver positive progress. Like hitting an output target!!!!!

Hello Market Maker (waves). Please could you do something with the price next week, anything really, just make it more interesting for us bored investors in Edenville.

Then it's up to the Board to change that sentiment, regular news flow would help, regular positive news flow would definitely help.

We all know nothing on these bulletin boards in any way influence the MM in lifting or lowering the price

Respect or no respect, I'm not a deramper but a realist. I say it as I see it.

What has Alistair achieved? My personal opinion is not enough to keep him in the job. The coal is there in the ground near the surface. You dig it up, move it, wash crush it and sell it. I'm partly joking when I say I've seen Aussie Gold Hunters, where four guys dig up soil, move it, process it through a washer crusher dry blow machinery and get AUS$1m of gold out the other end. Now if it's that easy for Vernon Strange to get AUS$1m out the ground, why can't Alistair organise it?? If there's so much demand for Edenville coal, why is it Alistair can only sell 600 tonnes in 3 months?

The number of heavily suggested events that Edenville have made since January 2017 makes me giddy. I still believe one excuse will be that in order to get to the production levels suggested they will need another washer crusher and that will take the best part of a year to find, ship, install, fine tune.

Is Edenville now just a lifestyle company for the Board? Are they just milking this for all they can before they resign and let someone else come in promising the earth and delivering 600 tonnes in 3 months? Rufus tried it, Alistair has tried it, and here we sit.

MASSIVE alarm bells should be ringing when it's taken Edenville over a year to find an alternative investment opportunity with £1m sat in the bank. Why?

If Edenville start issuing RNSs that state they have done something positive to move the company forward, I'll be positive, but what I'm not going to do is get all positive about yet another jam tomorrow RNS.

ATB

"With the operational side of Rukwa in safe hands, the Company continues to review additional investment and operational opportunities, following its recapitalisation last year."

So safe hands they are now thinking of taking back the mine, I just can't trust what Alistair says any more. My opinion is he has to go.

..if anyone is still in contact with Quint, but that's got to hurt

https://twitter.com/money_caput/status/1526814898201804801

Paying a load of money then being found out.

...when in doubt, email Tim

Tim Metcalfe
tim.metcalfe@investor-focus.co.uk

Get Tim to ask Edenville the questions. Why do they think they can do it know and not before

Why does Edenville think it can run the mine and increase the coal output now, when it has failed continuously over the last year's?

Tony's been here a year, doesn't appear he's kicked anyone's backside into action

I'm preying for you Bull, I truly am. If you think this is going to bag in the next 2.5 months let's wee what happens by the end of July

......if no positive news delivered.

Opendo wasn't making a contribution now it most probably will bee to cough up money. By there own admission Edenville are not getting any money from coal at the moment, how is any of this a positive??

....going t i t s up?

My interest here is waning until they come up with some real progress, hence I missed yesterdays RNS. So let's take a look

"This has coincided with heightened interest from potential customers" There's been interest since Rufus issued an RNS in January 2017. Has it ever materialised? Has it ever been proved that interest has heightened? That's over 5 years of people being interested in our coal and here we sit "From 1 February 2022 to 30 April 2022, 610 tonnes of washed coal was sold and 453 tonnes of fines were sold" 5 years of interest and 610 tonnes sold in 3 months - laughable

3 February 2022 announced that from the 1 February 2022 Nextgen take over the mine. 18 May 2022 "Edenville has yet to enjoy any material benefit from the contract mining arrangement due to operational issues" For 3 months they've failed to get a dime to the bottom line!!! 4 May "The Company believes the operational issues impacting production are being addressed" so is it the case that for three months Edenville haven't known if the issues are being fixed? That's potentially a quarter of a year not knowing!!!!

"assessing the viability of bringing operations directly back under the Company's control." Edenville has single handedly failed to produce coal at anywhere near the output figures it has continually suggested. So why the heck does it think it can now produce thousands of tonnes of coal a month just because the price of coal has gone up? If I'm correct Nextgen are using Edenville kit and people, so again why does it think it can now produce more coal by owning its own kit/ people again just with a higher coal price.

"Any changes are likely to be accompanied by a reconfiguration of the Board" What have we achieved under Alistairs leadership? Handed mine over and now want it back? I called for his resignation and I do so again. Alistair, my view is that you should just accept that maybe you're not the right person to move this forward and leave.

"Edenville is assisting NextGen on the ground and providing limited funding" It's Edenville kit and workers!!!!! so does that mean Alistair is out there helping? or the new Co Sec? Tony's money?

"The Company believes this transaction may require Upendo Group Ltd to make contributions to operations going forward." So for me, that means it does and Edenville most likely get a bill.

"Given its current financial position Edenville now has capacity to expand operations organically " Is that Tony's million £ going down the river?

If the market understood what Edenville imply in their RNSs we'd be at 16p now. Edenville have to RNS achievements not the jam tomorrow stuff.

My own opinion, there's nothing positive in this RNS. Taking back a mine they couldn't operate to such a level to produce 3,000 tonnes a month is fundamentally flawed. I believe the kit is what Edenville were operating and the people are those that Edenville employed, so what has changed? Why do they think

There are two ways to get people to sell, one is to raise the price so they have confidence to say with a profit, the other is to drop the price (tree shake) to get those that are nervous / stop loss set to sell in the fear that it will go lower. Sometime you see the MM drop the price to fill an order, that is they shake the tree a little and use the shares that fall out to fill the order. May be they will shake the tree here in the coming days to see if anyone wants to hand over their shares on the cheap, I'm holding mine, but they might try to get some to sell at 0.19 then fill the order at 0.2p. Every one a winner. Those getting out will have money in their pocket as they wanted, the order is filled at 0.2 and MM have some profit.

Good luck all, but (if) the ii continues the price may go up or down to fill the order.

Not many invest £55k in a decimal penny share just on a whim.

Give it a week or so until we forget that someone bunged £55k in and the reason why they did so may be RNSed