Member Info for Sausageonstick

Esquimo, you ask "If you can explain to me how EDL is going to increase shareholder value in the next 12 months by a means other than coal I am all ears."

As such as no one knows what the future holds this is my opinion on Edenville's future

They are going to need to get to 3000 t/m over more than 1 month, so my view is the handover isn't going to happen in August.

If they can get it to 3000 t/m there is going to be a choice. Hand over or sell up completely. At best coal will play a minimal part in Edenville's future. Maybe ££ per tonne sold at best. Edenville won't mine it.

They may sell up completely

The money raised will go into the acquisition of a company that already has an extraction licence for, say, rate earth minerals, helium, gold, copper.

I think Edenville will change its name

Edenville will issue a new investment strategy

At that point the sky's the limit on the share price

But most of all we just need news. If it's bad news we just need to flush it through the market. If it's an announcement of concrete facts that's good, we have to stop these jam tomorrow RNSs.

Just to confirm aerial, do you believe that covid was the only reason to suspend production and thus handover couldn't proceed? Or is covid ONE of the reasons why production was suspended and thus handover couldn't proceed?

Aerial, it's unlike you to give a selected response in order to support your arguement!

Aerial

"So which is it? Delay in handover due to Covid or delay until this magic 3000t is reached?Or perhaps delay due to elections and work permits?"

Is an 11 month delay part of the master plan??

As I've said, this I'm sure will come good, but for me we will be a very different looking company when it does, even potentially a name change.

Esquimo, you missed this bit....

"On the acquisition front we have recently spent time with our new strategic investor, Tony Buckingham, and we look forward to exploring opportunities with him and his team, alongside those provided by other parties."

Acquisition front.......
NvS also states for a variety of reason coal is not the future for Edenville.

I can only go by what is put in RNSs and then what is delivered against those statements in RNSs.

Yesterday we were 11 over due on the mine hand over, doesn't instill confidence.

Placings placings consolidation, jam tomorrow RNSs doesn't help

This will come good I'm sure, but not as a coal miner. The mine will go and Edenville will announce a new name and investment strategy. It will takes ££ per tonnes of coal but only because it owns the mining licences

Aerial, calm down

I'm still waiting for Edenville to build a cfps as you stated, or is that now changed to develop, I really don’t think you are in a position to play semantics lol.

The difference between you and me is, my next post won't be insulting. Keep it calm aerial, we haven't had an argument on here for all of a week.

Aerial,

I simply said there's a difference between taking seriously and being aware. No more no less, no need to twist my words. Just statements of facts.

I didn't say they had to take it seriously, I said they will know. There's a big difference aerial.

It might be up 23+% at the moment, but we need news to at least hold it there.

They stated at least two thing may happen in July, we need confirmation that those two things actually happened, a statement of fact not jam tomorrow suggestions.

If it's not confirmed tomorrow 2nd August, then it's another fail for me I'm afraid.

If Edenville BoD read this board, they will know my opinion tomorrow.

Aerial, I think the key is "In the event"

It's just jam tomorrow

Simple, cast iron news of contracts being signed, cast iron news of handover, cast iron news on the next adventure.

Not jam tomorrow RNSs

It being pay day today, they might be on the strong lager by now.

It has to be Monday, otherwise they will have failed.

......fail with their July objectives then I would expect to see a few head for the door next week

... I'll consider Edenville to have failed in their July objectives.

I like your style T72

3.25pm for the RNS, just a guess