Member Info for Sausageonstick

The questions I have

Can they turn 400 tonnes in two weeks into 3000 tonnes a month?
When they hit 3000 tonnes a month, are ITIL still interested in running the mine. Reference to them seems to have stopped?
If no ITIL don't want the mine will Edenville do what kibo have started and that's to sell the mine off?
What is taking so long on the acquisition front?

Right now my opinion is that Tony's money is just going into the bank accounts of employees as monthly salaries. If it is simply frittered away month after month there will be none left.

How long does it take to find an acquisition target?

I was wondering about aerial today? Wondering if on the road to recovery.

The only way out I can see now for Edenville is get the output up and sell the mine as a going concern to ITIL or indeed anyone.

Start again as a cash shell and go into lithium, helium or rare earth minerals.

Not a huge sell but if they had sold out a few months ago they would have got significantly more ££

I wonder what has changed with them to take such a loss?

Let's see what tomorrow brings

A little bit if a flurry?

Sell below the Bid, chipping away at the price as mentioned. We need an update on what is going on.

Completely agree GW. We can't at the moment get anywhere near the output needed to regularly supply a CFPP. Even if we could today the CFPP won't open for years and thus we wouldn't get paid for years.

Our mining model doesn't work, having announced in 2017 they had potential customers to 400 in half a month over 4 years later. The model doesn't work

I don't know why they talk to Tz government, who is going fund a CFPP? My view is that at some point Edenville will stop mentioning Tz CFPP talks in RNSs. Like they did Sinohydro, marketing company and others.

The market will chip away at the price over the rest of 2021, I'm still convinced we will see 18p

I want the next RNS by the end of next week telling us which member of the Board is going to Tanzania to sort the mine out!!

Get it working efficiently, 400 tonnes in 2 weeks will never get 3,000 tonnes a month unless someone gets out there and shows some Edenville Energy on site balls!!!

Why can't they turn a profit?

Look at the amount they are processing!!!

...a lot more facts and less jam, it's back to being quiet on this board and with the number of trades

Good luck all.

I wonder how many have a 20p stop loss in place?

The first sell at the Bid price being the 5,000.
Another 10 or so sizeable sells at 22p and we will fade again

I'm a realist as I've said many times. When things are going s h I t I say it, when things are going good I'll be positive. I'm sure I'll get stick when that happens. But right now, when you say "things are progressing" it's the things and the speed of progress I'm concerned about. I refer you to the Jan 2017 RNS, have things progressed a great deal from have interested parties in 2017?

I still thing they need to another investor relations presentation.

The technicals are still saying 18p next support level, in my opinion this will now begin to fade further, if the last RNS was the best they could give us there was nothing in it to make investors come running to Edenville. I'll keep an eye on the price that sells go through at, but once they hit the bid price it won't be long until the price drops towards 18p

Rufus's 19th January 2017 RNS and I imagine haunts them to this very day

"Over the past several months Edenville has received significant formal interest from several companies for long-term coal supply.........Our goal is to move our asset into generating positive cash flow in the near-term and to become a key supplier of coal in the East Africa region"

If near term means over 4 years, I'd hate to know their definition of medium and long term is.

Come out and speak to us Jeff or Alistair, it's time to explain what is going on. If everything is ok, then it's ok to chat, but the longer you don't offer investors chance to ask questions the more we will think things are not going to plan even in the delayed timetable you've admitted to.

"not run through your money with no demand and return to the raising again on the share front.'

The other view is that you ramp up production to prove you can actually produce the goods and have a stockpile of goods ready to be sold. If I wanted 3,000 tonnes a month would I be convinced Edenville can produce that when they can only produce 400 tonnes a fortnight?

If they were producing 10,000 tonnes a month, my view they would be having people knocking down their door

...and say to yourself which have happened (facts) and which bits are future looking jam tomorrow hope for the best statements.

Jeff needs to speak to investors, either via phone/dial in or some form of presentation.

It is even acknowledged that it's been delayed, is it another false dawn? " I appreciate for many investors the delay has been frustrating. "

This BoDs has had ample opportunity to do better, they need to explain to us what exactly is going on

I didn't miss the jam tomorrow statement

" This will enable the Company to also satisfy an order of 600 tonnes per month of washed coal from one of its long-standing customers, who has advised Edenville it would like to recommence deliveries from November 2021 "

It's future looking so jam tomorrow. Tell me they have started delivery and payment has been made, then that is fact!!!

You can see what is unfolding, they have simply pushed the mud off the coal, dug the coal and dumped it in a pile. Will the rainy season will impact the actual processing of it?

"The production achieved during the second half of September 2021 is already similar to the whole of H1 2021" On the basis that H1 was impacted by covid, now they are using it as a reference point!!!! to say how well they have done, unbelievable!!!

"during the second half of September 2021 the Company was able to run over 400 tonnes of coal through the wash plant." So that makes it around 800 tonnes a month, and they want 3,000, 4,000 or at one point they wanted 12,000 tonnes a month?

They have to just accept they are not coal producers, sell it all and buy something they have a chance at doing, but coal it is not. History as shown us time and time again Edenville just can't get it right in connection to coal production/ selling coal

...one of the board needs to front up and do an investor relations session.