Member Info for Sausageonstick

.....early on, these small trades at the start of the day continue, as does the silence from Rufus.

Good post Larry

I'm afraid now there are huge questions hanging over this, which I can't figure out. Why is Rufus not providing saleable output figures from the end of 2018? Why is he not announcing the General Meeting, which we all know has to happen before the 16th February. I've made my mind up which way I'm voting based on, in my opinion, Rufus's refusal to communicate.
Right now my biggest dear us that the merger of Nomads won't happen by the 1st Feb, then Rufus will say it was out of his control and Edenville will be suspended. Rufus has used the outside their control before.

....beaten yesterdays traded figure by 87p!!!
Things are looking up!!!!!

25% spread!!!!

Even if the share price went up 10 gold, the 100 trade wouldn't make enough for a meal deal!!! Very strange trade.

15 pence worth traded all day, say it all really!!!!!

I wonder if that was Rufus buying some shares???

....10 trading days left of this NOMAD.
Still nothing about General Meeting.
Still nothing about 2018 saleable output figures.
Last RNS failed to give any details on quantities processed.
10 trading days until preprocessing unit should be adding to saleable output.

Going to be a big two weeks for RNSs, if Rufus has any concerns about shareholder value.

Still waiting for responses to numerous questions from Tim, if you're reading this Tim?????

Oh well, another week over. Let's see what next week brings

.....3.25pm RNS anyone?

Completely agree aerial. Figures paramount, but silent from Rufus, either....

He doesn't understand that when he sets a target output for end of 2017, moves it by a year to end of 2018, that people want to know.
Edenville have failed to hit the 10,000 t/m and Rufus is too scared to release figures because he knows what missing a two year old target would do to the share price.
Rufus just doesn't care about share holder value.

I find it incomprehensible that 16 days after the end of 2018, investors still don't know if Edenville can produce enough saleable coal to fulfill its contractual obligations.

His failure to publish year end saleable coal output means I just have no faith in Rufus's ability to do the job.

With no output figures, no idea if Edenville can fullfil contractual orders, no idea how Edenville will pay back to loan installment re: dilution or cash, there's no surprise it's close to historic low.

Output figures (and thus knock on consequences of at least 8,000 t/m) and/or tender approval, and the later one is out of Rufus's control, will move this forward

....before the end of January is pretty guaranteed as on the 1st Feb Edenville need to have a new NOMAD, which is a requirement of maintaining AIM listing. There is also the General Meeting notification which needs to give a minimum notice period, and the GM had to be on or before 16th Feb.

So I'm expecting 1 if not 2 RNSs in the next two weeks.

Now, we should of guessed, stripping away the jam, in the previous RNS he stated "Assembly is taking place on the feed hopper and conveyor and it is expected to be completed within the next 21 days." Can you see what he did? He said assembly, not fully working. Yesterday he told us there was just one more thing to do, remember me saying there always seems to be one more thing to do, well yesterday he stated testing and tweaking were needed "It is expected that the pre-screen plant will be fully integrated into the Company's washed coal production process by the end of January 2019."

If Rufus wants to add share holder value, if Rufus has a shred of decency in terms of respecting shareholders, he will RNS when the pre-processor, pre-screening that it now seems to be called, is fully functional and adding to saleable output.

Again, if he wishes to add share holder value Rufus will RNS when the excavator and trucks start digging in the newly opened northern coal field.

So, putting it in a list so that it can be spell checked and used by Tim in the next RNS, investors MUST be informed about the following in the NEXT 2 WEEKS.

Notice of General Meeting
Appointment of new NOMAD
When the pre-screening comes on line
When digging up of coal starts in the northern coal field
It would also be good to know that Edenville have secured the spares package it needs

Once this new coal field gets going and opened up, I still can see how one washer crusher can process enough for all these amazing orders and customers Rufus keeps suggesting. I still think a second washer crusher will be needed. My fear is that it will take 2 months to kick the tyres and find one, 3 months to ship it, delays in customs, transport it to site, 2 months to build it, then the decide they need a lamella water clarifier and a pre-screening bit which takes another 3 months. Essentially, my worry is that it takes the best part of a year to get a second washer crusher up and productive if they decide they need one. There are several lessons they should have learned with regards setting up a washer crusher, but have they.

Anyway, more importantly are the RNSs that should come in the next 2 weeks

...who u calling a hunk???

....us output figures? They must know them, surely. Project update RNS with no updated output figures, just can't understand why?

We all hope it leads to increased output, but as it stands today, jam stripped away, it simply increases capacity.

Setanta it states, "The mobile in-pit lighting to allow 24 hour per day operation in the existing pit has been installed, further increasing the Company's mining capacity"

It increases mining capacity, not output

Exactly!!!!

....back at 0.13p before end of week.

Output figures and tender results are the only things to move share price now.
There is very little confidence in any other RNS Edenville puts out, especially where they say shortly and believe

As I've said previously, if Rufus stick his arm out the car window pointing to the right, it means his window is open and nothing else can be inferred. So let's work through the RNS, look at the facts and strip away the jam.

First of all, wholly unacceptable to get an RNS through the nomad process reviewed by Rufus / Jeff and the PR people to have the 'washed can' comment still in it. I ask the question, what is Edenville paying the PR company for, if it releases a RNS containing such a blatent error. There appears to be no correction RNS coming.

So the second digger has been bought, they said they would buy it and they have done. Good. They continue and state 'These vehicles are currently all being employed to increase the amount of material being mined from the existing pit' The point mined from the pit, these vehicles are only increasing the mined material, Rufus does not state they are adding to the ROM processed, it is increasing the mined quantity. My view is therefore that the through put hasn't increased and thus output hadn't increased, this is supported by the lack of output figures in today's RNS. If output had increased anywhere near the 8,000t/m Edenville contractually need, they would be shouting it from the rooftops. So is the extra digger simply digging up coal, and the trucks dumping it ready to be processed?

"second excavator and associated haul trucks will shortly move" Shortly move, well he's gone back to nondescript timeframes again. He stated 21 days for the preprocessor and he was badgered about the expectations set, so to remove anything he can be held to timewise, he's gone back to saying shortly,

"The mobile in-pit lighting to allow 24 hour per day operation in the existing pit has been installed, further increasing the Company's mining capacity." It has increased capacity, that's the ability to process coal, it is not stated that 24 hour pit lighting has led to increased output.

"The Company anticipates that mining of the new northern area will commence shortly" There you go, shortly, no stated timescales. Rufus stated 21 days for the preprocessor, but doesn't want to be tied to any clear defined timescales.

"and in the return ponds, leading to increased coal processing plant productivity." So this activity has increased coal processing, which is why the activities above that do not state they increased coal processing, should not be presumed to of increase output.

"s now complete and the plant is now undergoing testing" was testing mentioned in last RNS? You see, always just one more thing to do with Rufus!!!

'Management believe" soon the management may be they only ones to believe.

No saleable coal output figures makes it obvious they failed to get the 10,000t/m by end of 2018

Share price down