RE: The SP has been pretty solid for sometime21 Jul 2021 19:00
They just can't, for whatever reason, get to grips with getting it out of the ground, processing and selling coal. Hence the desire to hand it over and take a slice of sales.
Coal is not Edenville's future for whatever reason, so I can't see them putting money into the mine.
More likely they will hand over mine, announce new investment strategy and keep as much of the £2m to buy a rare earth minerals company that already possess the mining licence. Can't see it playing out any other way.
We had the first red trade under 30p today, so will be interesting what the mm will open up at.