Member Info for Sausageonstick

So the silence and sells continue.

How long before we get an update or Alistair resigns?

....we are in for a good day.

July not that far away, I'm guessing people will be taking their positions in the intervening time including the £60k of buys this morning

If you are going to get people to part with £2.5m at no discount to the current price, and in fact the Bid price is less than 0.2p, you're gonna have to tell them something positive to make them put their hands in their pockets.

Just a guess, but our sophisticated investor are likely to know more then we do.

"The Company has arranged an equity capital raising, with existing sophisticated, institutional and other shareholders,"

I don't know who they are, but they sure are mighty sophisticated.

...if you are reading this, it's time to deliver or resign. Deliver or stop taking the money Edenville are paying to deliver. My opinion is that time and time again you heavily suggest jam tomorrow only for it not to be delivered because it's someone or something else fault.

My view on Rufus was similar, I called him out when it was time for him to resign. Eventually he resign.

Deliver or resign, the clock is ticking. If it means getting on a plane to Tanzania to metaphorically kick some backsides into action then do it. Get control of Edenville, you should not be in a situation where "The Company believes the operational issues impacting production are being addressed" You should know it!!!! Get a better grip of Edenville now.

Fri, 5th Nov 2021 07:00
"I believe the Company remains on track to meet its stated objective of selling at a rate of 3,000 tonnes per month of washed coal by the end of the year."

Wed, 4th May 2022 15:52
"From 1 February 2022 to 30 April 2022, 610 tonnes of washed coal was sold and 453 tonnes of fines were sold ex-stockpile"

I could go on and on and on

Wed, 1st Dec 2021 07:00
"As production becomes more stable we would expect to improve the recoveries from ROM to washed coal through the plant. Our sales book continues to improve and we are also now receiving unsolicited approaches from potential customers."

Wed, 4th May 2022 15:52
"From 1 February 2022 to 30 April 2022, 610 tonnes of washed coal was sold and 453 tonnes of fines were sold ex-stockpile. Little Run of Mine ("ROM") coal was mined"

...stop this

Thu, 3rd Feb 2022 13:20
"With the operational side of Rukwa in safe hands, the Company continues to review......"

Wed, 4th May 2022 15:52
"delays in the full operational handover to the new contract miner. The Company believes the operational issues impacting production are being addressed"

If these are safe hands, I hate to see the output figures if the mine was in unsafe hands??!?!!!

So let's look at the RNS

"From 1 February 2022 to 30 April 2022, 610 tonnes of washed coal was sold and 453 tonnes of fines were sold ex-stockpile." This is fact, but p1ss poor output for three months!!!

"Little Run of Mine ("ROM") coal was mined given the period covered the end of the rainy season and delays in the full operational handover to the new contract miner." Fact but again blaming the rain and the handover period.

"The Company believes the operational issues impacting production are being addressed, or will be so in the near term, enabling the Company to focus on achieving its targeted production rates. " Jam tomorrow. It 'believes', strewth!!! They either or they are not and this gives Edenville wiggle room as in my opinion they haven't started to address the problems yet because of the rainy season.

"The Company continues to see growing demand for its coal, at increasingly favourable prices, with a number of buyers keen to enter into offtake agreements upon confirmation of stable production and surety of supply from operations.' Jam tomorrow, so jam tomorrow!!!!

"The contract mining agreement announced on 3 February 2022 placed the production and operational costs on the contract" Fact but we knew that.

"Company has not to-date benefited from material revenue generation, its existing cash resources have largely been maintained." Not many believe the latter part unless they are selling enough to cover all the wages and other costs.

"continues to review additional investment and operational opportunities." Jam tomorrow, oh and happy birthday to Tony's money.

"At the same time, the Company is in discussions with its contract mining partner to ensure that the Company's operations at Rukwa are progressed on a timely basis." Jam tomorrow

"Alistair Muir, CEO of Edenville, commented: "Rukwa has the potential to produce significant free-cash to Edenville" Jam tomorrow

"As we move into a long dry season, we are focused on materially increasing production and believe we will be successful in delivering on this objective." Jam tomorrow.

Some negative facts, facts we knew and pot of jam tomorrow.

There could be a lot sold going into any rise for the next few months

We are going to have a lot of churn to get through!!!

Good post Jasper.

Clear, informative and well presented. I even recommended it

Forward selling

Posts disappear if someone is able to convince the administrators or the administrators themselves feel the post breaches the rules

You say

"Oh and the company have been given your email by LSE"

Then you tone it down and say

"I know Oilex are in touch with LSE"

Oilex can chat all they want with LSE, just as you and I can do. What LSE can't do is hand over anyone's personal identifiable information without permission.

So far I don't believe you chat to Roland , I don't believe you when you say "Oh and the company have been given your email by LSE" and I don't believe you when you say "I know Oilex are in touch with LSE".

I can't speak for others but in my own personal opinion your credibility is crumbling with each new post you make.

Probably time to give y' head a wobble. Don't be an idiot all your life, have a couple of days off, then back to it.

"Oh and the company have been given your email by LSE"

Unfortunately it would be illegal for LSE to disclose anyone's email address to another entity, without permission of course. I'm going to stick my neck out and say it unlikely that Mr I has given that permission, but I could be wrong.

Mr I did you give LSE permission to disclose your email address to Oilex? Lol

So when you say 'found out' that's you Jasper that's you

"work with a crew" so are you Jasper working independently of oilman and quint? When you are all in the Telegram group together? All retweeting each others tweets and are / were all on here until the masses called you out.

"You been found out, called out and have no credibility." Coming from someone that believes LSE can disclose email addresses at will to Oilex, that's a bit rich.

"Your rhetoric on this board is now embarrassing." Hmmmmm I think people will know what I could say here.

Like I say Jasper, post what you like but there are those amoung us that will critique what you post.

Ok Jasper, your credibility on the line then.

If Roland has told you all the news will come next week in one hit, let's see

Jasper,

Feel free to post what you want, but I and everyone else are free to comment on what you say. So if you want to continue with posting about your personal comms with Roland then expect to get a reaction from a number of people.

Jasper, you literally can't stop yourself. You state "News flow looking good for next week." Why? Because Roland told you? Just leave it alone.

Someone on here has certainly turn down the dial on the daily doing with reliable Roland.