Member Info for Sausageonstick

You can hand over as much as you like, but it's the finance being sorted which means we won't go bust that will shift this, along with output figures.

We've seen what happens the last time Edenville sorted finance, a 400% rise on the day!!!

...either can't see or don't want to see the pain Edenville are going to have to go through to get the basics in place.

IF hand over takes places the rains will be arriving soon, if they can dig, they can't process, they can't sell and they won't get revenue. Who pays then, we do with more dilution!!!!

Alistair should issue an RNS immediately to tell us what is going on. The continued silence can only mean one thing

If we are forced to undertake a placement, just think how many shares need to be issued to raise £580,000???? If that's the case I can only see consolidation following pretty quickly

Not for me, 0.35p and above are buys, anything less are sells

33% spread, I don't care how the mm do it, up or down, but close the spread and make a market!!!

....posts in early before LSE chat functionality disappears for the rest of the day, like yesterday!!!!

Still no RNS
Still no visas
Still no mine handover
Still no output figures
Still no AGM
Still no solution to the financial viability concerns after the 30th November
Still no update on looking into opportunities of smaller power plants to supply local areas.
Still no update on exploring a number of avenues to monetise the fine coal.

Still Alistair remains silent when what the market needs, we need, is a RNS of facts not jam tomorrow.

I'm pretty convinced now that miraculously the hand over will happen just as the rainy season arrives, and that the rainy season will then be blamed for not increasing output.

At the moment I fear another massive dilution to pay Lind followed by consolidation.

My own opinion, but Alistair's tenure started well, but he's disappointing me on a daily basis at the moment with his silence.

Let's see what happens when the markets open this morning.

Still no timescales from Mr N re: turn around then?

Seems like more reversals but then sold again

The 3,100,000 12:44:59 was reversed @0.03499 then sold again at 0.349, same with the 12:53:27 trade. Reversed at 0.03499 then sold at 0.349p

So while I was blowing bubbles in the bath I added it up, 11,260,022 sold and 4,001,098 bought. Downward pressure again today, Alistair needs to talk to us.

Mr N, yes if you could check your crystal ball and then come back with some actual time scales to all these things you say will happen that would be great.at the moment all we hear is you saying that one day this is going to turn around one day this is going to get better. If you keep saying it one day it will happen and I know you will probably claim it that you said it would happen. But a broken clock is right twice a day. You need to start putting some timescales on these claims rather than just some endless hoping

We could well become the cheapest share on AIM we may already be there!!!!

Let's see what happens today but if we see more red trades I'm afraid this will drift. Need news now.

So instead of saying it's going to happen over and over again, tell us when it's going to happen.

...a RNS before end of November. The sells have started, low value, but selling momentum is increasing unless we get that RNS can't see us holding this price for much longer

We could be told so much, yet Alistair continues to hold known information such as output figures. I'm sure if they good he would be telling everyone, I can only presume that Edenville haven't been able to increase production with 50% less staff on site.

How much does Alistair take out if this company on a monthly basis ????

T72

That the $64,000,000 question!!!

1) AGM
2) Visas being issued when they are issued
3) Mine hand over
4) Progress on sorting out finances, as in 22 days time Lind want £580,000 back.
5) Output figures, it's been months since Edenville have published any output figures.
6) "In the longer term, given the significant size of the Rukwa deposit, we are still pursuing the coal to power project and have looked into opportunities of smaller power plants to supply local areas." So, what's happening Alistair??? Looking at opportunities but no update.
7) "As a by-product a significant amount of fine coal product is also produced. Whilst this has a lower heating value than the Company's principal product (and is therefore better suited to on or near site utilisation) the Company continues to explore a number of avenues to monetise this. " So what happened Alistair? What did those avenues come to?

So much to update it's investors, but all we get is silence and jam tomorrow

"The Company will shortly announce details of its AGM, which will be structured in accordance with the UK Covid-19 guidelines."

Over a month later, still no word on the AGM. Why are Edenville so bad at delivering what they keep telling us they want to deliver?

...amount of reversals

Never seen a £1.60 trade reversed?!!!?