Member Info for Sausageonstick

I thought for a moment Rufus had made me a happy man!!!!

.

What are we expecting to read in the interims? Any thoughts? What would we like to read in the interims? They are likely to be different, IE what we get and what we want to get

When are interims due out?

I've never mentioned future placing. RNS today says placing has happened

Yes there was a placement. We paid cash, said future payments would be cash then a placement

So it's now 30th June 2020 before cash flow positive from operations.

Beggars belief

Paid in cash, then a placement. Beggars belief.

Does your calc include the payment to lint/Lund whatever they are called

Have you read the last 3 years of RNSs? And compared it to what Rufus had delivered? Then ask the same question.

That was from
Mon, 29th Apr 2019 07:00
RNS Number : 3643X
Edenville Energy PLC
29 April 2019

· convene a general meeting of the shareholders of the Company, prior to 30 September 2019, at which a resolution will be proposed to approve the consolidation of the Ordinary Shares on a 100:1 basis (that is, such that each 100 ordinary shares of £0.0002 are consolidated into one ordinary share of £0.02) ("Consolidation");

More jam tomorrow RNS, consolidation before September wasn't it?

.

They have millions of tonnes of coal, but only one washer crusher. You can only work this machine so hard. There is a maximum output that edenville are constrained by. I'm sure someone will quote what they feel is the maximum output one washer crusher can produce. This output then dictate the maximum that any contracts can be secured for. I.e. if we can only produce 10000 tons a month there's no point taking orders for 15,000 a month. At some point a second washer crusher will be needed in my opinion

Was Rome built in 10 years?? Cos it feels like I've been here a decade!!!

Unless they can process enough of it, it's worthless in the ground. I'm a realist.

Now's it's all passed, how long before they do their 100 to 1 in consolidation?

But clearly concerns still exist, funding for the next 9 months is key

Pushing out good news before AGM to keep people sweet. Let's not get distracted they still need to get to 6000 tonnes, and have given themselves 9 months to break even, where is the money coming from to keep us going for the next 9 months. There is a 100:1 consolidation taking place at some point