Member Info for Sausageonstick

Which bit Of what I said are you referring to, the coal goes straight in and burns, or the fact they need to run their own tests on the coal?

Do people think that when the trial coal gets delivered it is the next shovel full of coal to be used? Or do you think it gets dumped in a pile and then when the current pile is used the trial coal is used? I'm presuming the receiving company have to run calorific tests on it, rather than just bung it in a pot and set fire to it. It may happen by the end of July but don't hold your breath.

You sound surprised to come to that conclusion.

Just as an interest, do you actually have to prove you own Edenville shares to attend? Aerial do you take a share certificate or letter of representation with you?

I take it aerial you'll be there representing us all?

Whether the deals are done or not, end of July Edenville need to provide an update at the very least.

Update on deals
Update on handover
Update on Tony Buckingham's asset adventures
Output figures, have we made it to 3,000 tonnes a month?

If no update I'll take it that it was all pie in the sky.

...we hold this price for much longer with no news and Red trades since 7th July (note I did not say sells but red trades)

Indeed GW, Edenville are at the stage where they continue to suggest positive things but the belief in those suggestions has literally vapourised. They talk of July but who here believes it will be July? Not me, if it is I will be surprised rather than its what I expected.
The fact they haven't started to explore acquisition options is also a concern, if all they have done is talk that is disappointing. It will be months before anything is announced, will they announce before due diligence or once done. I'm not expecting anything on the acquisition side of things until 2022. What with covid and the time it takes to undergo the whole purchasing process. Is the purchase of a company reliant upon Edenville offloading the coal mine either partially or fully?

You can buy at 31.74p currently.

Anymore selling and we are going to drop again.

Sub-30p anyone?

170+ Mt of JORC reported coal in the ground.

The mine has been functioning on and off for a number of years but hasn't been able to reach the output suggested.

Edenville want to hand the mine over, but approaching an 11 month delay.

", and we look forward to exploring opportunities with him and his team," we know Edenville haven't, or at least at the time of the RNS hadn't even started to look for new opportunities.

Salaries are getting paid on a monthly basis.

In part to pay to BoD salaries

Usual suspects going?

...but let's see where we are re:contracts at the end of July.

..... tomorrow then, either the results or telling us the results are delayed.

Hadn't noticed but zero trades today, only two more 7am's in June

Whether coal has a future somewhere in the world isn't the key for me, it's whether its all, some and nothing in Edenville's portfolio?

Look at the number of African countries on the UK red list, not sure how anyone is going to go see opportunities in Africa currently. They can talk about them, have a Teams meeting but would you hand over money simply based on a video call?

Still feel Edenville will need to prove 3000 tonnes a month over a stated period of time, say three months rather than just a one off 3000 tonnes a month. I think that will come out over the next few months,I don't think we know the full story, there's a few more twists in my opinion.

Will we get the results on a Friday?

Essentially combine NvS interview with today's RNS and you have it!!!!