Member Info for Sausageonstick

All I'm saying is don't get carried away until they RNS that it has actually happened. All this jam tomorrow insinuation is just an extension of Rufus's time at the helm.

Insinuating, that's the whole jam tomorrow RNS thing. Rufus has insinuated a lot and delivered very little shareholder value. The price hit 0.02p under Rufus.

Alistair has been been literally left a crock of ****
by Rufus down to the last £90k.

The way I see it, Alistair may have spoken to two interested parties, talked figures, these parties may have contacted their finance people, or Alistair may have spoken to two drunk mates in the pub who said yeah we'll chuck in £100 . Both of which Edenville would report / insinuate they are talking to interested parties.

How serious are these interested parties? How far into negotiations are they? I've said it before, Alistair needs to get a grip of Edenville and it's finance. He cannot let Edenville spend 100s of thousands of ££s on admin.

"Following further consultation with Lind Partners LLC ("Lind") and the Company's larger shareholders, the Company can confirm that plans for a proposed share consolidation, as set out in the announcement of 29 April 2019, have now been deferred until 2020 at the earliest."

If they keep issuing confetti shares it will be another rinse and repeat consolidation in 2020

UP TO 4000,

so any figure between 0 and 4000 is still valid, so 800 is up to 4000

John D

But what was the price on the 6th September? If the price was 0.06p, then it's still a discount.

I say again, I have never seen an Edenville share issue at a premium.

Every share issue has been at a massive mates rates discount, I've never experienced a share issue at a premium.

I can only see the share issue being 0.03p or 0.02p

We have been told so much 'jam tomorrow' in RNSs that quite frankly talk of investors is yet more pish until it happens. There was talk of customers years ago, talk of 10,000 tonnes/month output and so much more hinted at but never quite promised nor delivered, that I now treat Edenville with the indignation that I'm afraid it, and only it, has created.

It again has failed to issue a RNS when it really should have done so. The Sinohydro contract has ended and yet again the management of Edenville Energy have let shareholders down in not issuing a RNS.

Alistair, you need to get a grip of this company, and fast before you fall into the same ways of working that Rufus did. His reputation, in my opinion, was shredded on this bulletin board.

Sinohydro contract ended yesterday, so we need to know what is going on. Alistair must know if they have renewed (again) or if they have walked away

I hope Tim has spent his Boxing Day spell checking the RNS!!!!!

And still we sit at 0.04p

We were down to the last £90k

We've signing two contracts we currently can't fulfill.

Merry Christmas

Just reading the "This is a route that is both shorter than conventional truck transport and is more cost-effective, using low cost barge transport."

Dies Edenville have to now go and buy a bunch of barges???? Or are we going to rent them too??

Probably spend it on a turkey, although I thought Rufus wasn't getting paid anymore?

.....the last £90k, and borrowed £100k.

With the current astronomical burn rate there can't be much left. I'm expecting the jumbo placement before Xmas, giving the market closure over Xmas for people to calm down and forget.

Other than a new washer crusher, what else do people think Alistair will spend our money on??

....was in July, if everything is all rosy would be good if Tim could post some Twitter pics over the coming days.

The burn rate is incredible so such a small company, admin costs are burning a hole in the accounts.

Alistair needs to get a grip of the finances, now!!!

Less than 2 weeks before Sinohydro deal ends?

Surely Alistair should know what is going on? Have they walked away? Or another agreement in place?

I have thought that many times. Sat about putting a few grand in to lower the ol' average.

I've never had faith in Rufus to spend anymore money on him. I like the style of RNSs from Alistair in that he names the contract companies.

I don't believe the placing will be at a premium, I think it will be around 0.02p at that point I'll look to invest further.

Now contracts in place, northern coal field open, new man in charge, just need to get next dilution out of the way.

...the price so the dilution that may happen next week. If Alistair can get a premium on the current price then this will fly, if it's a massive Rufus mates rates deal at 0.02p then the share price only going one way.

I said they would be heading to the door

Clearly signing two coal contracts which Edenville don't have the ability to fulfill without dilution is enough for some people

Still expect this to lower to 0.02p especially with dilution coming.

What price is the dilution going to take place at?

"Progression of these supply arrangements is, however, dependent on the Company securing sufficient operating capital to fund production, as detailed in the Company's announcement on 29 November 2019."

Still believe in order to achieve all these numbers they will need a second washer crusher.

Yours lucky that your holding is worth as much as £800 !!!!!

60%