Member Info for Sausageonstick

Nice trades, with the last at full ask. As someone said, steady rise from here.

I also agree that people are buying chunks whilst the price remains (held) low. Once everyone who has expressed an interest to mm at this price point is in, we will begin the rise.

Patience now while the mm fill orders / close shorts.

The market only opened 9 minutes ago!!!

Dangote
2nd washer crusher

I've no idea who it was, but my opinion for what it's worth is that the price has been held where it has, up 11% then back flat after 2 great RNSs, in order to fill a big order or two. Once everyone that had expressed a desired to mm to get in at these prices has filled their orders then I think we will see the price head north.

8,000 tonnes a month provides sufficient revenue to keep things going easily until the coal fired power station is announced, so no fear of dilution.

It really is a case of once some individuals are fully loaded then the starting pistol will fire in my honest opinion.

Two RNSs in two days announcing coal supply deals
Share price remains very close to historic low.
£38,000 buy turns up 2 minutes after close.

I've got a fairly strong hunch what will happen tomorrow now that the individual has got a chunk of the action while the mm kept the price low ish.

Has a great deal of confidence

'informed', I don't know anyone that puts £38,000 into decimal penny share solely on a whim and a prayer. I think the individual had a great deal of confidence in what will happen next.

I'm hopeful of chunky buys Wednesday, need fresh money in here for the long haul, not a quick 10% then out

If I could get a rebate I would!!!!!!

I've always said Dangote needs lots of good quality coal and Edenville have lots of good quality coal.

It's just a matter of time imho before they both workout the mutual benefit from a JV.

It's about confidence now, we need Rufus to confirm output is ACTUALLY at the required levels to fulfill orders not that they hope the improvement will get Edenville their, they need to confirm output IS at least 8000 tonnes a month.

Once they do that and with the orders in place

With everything pretty much in place, and coal orders signed that could provided £2m a year clear profit, before output is increased/ second washer crusher bought online. A take over at current price which seems to remain low whatever is announced is primed for take over in my opinion.

It would be amazing if Rufus made it 3 RNSs in 3 days, with the 3rd RNS being a take over announcement.

Mr Dangote complained of the price/quality of the coal he could get, and in the end if I remember rightly he shut down production of cement for a while.

I response he was given an area of land that his company could mine. When yesterday's RNS stated "The Customer is part of a global group supplying products to various industries worldwide. We will continue to work with the Customer to ensure their needs are met and that the Company can look forward to supplying the Customer coal for at least the next two years. We are also examining ways Edenville can further assist this group in mining related tasks."

The company that came to the front of my mind was Dangote. They need coal, good quality coal and they also want to mine their land.

If it's announced Edenville are supplying coal to and helping billionaire Mr Dangote then I'd like to see the share price response.

....happy with 10% to exit, next wave of buys will arrive soon in my opinion

I'm still going to stick my neck out and say Edenville will need/want a second washer crusher in the months ahead as the orders come in. Once they start selling coal in big quantities and word get around in a nation that has banned the import of coal, then sticking a second washer crusher on a second coal field is a no brainer, especially with the income now being generated.

Need your updates on price today please.

8000 tonnes a month is massive news, output increasing there's hopefully room for two or three more contracts to be announced.

8000 tonnes, £20 profit a tonne = £160,000 a month

Or just under £2,000,000 a year

If this doesn't hit 0.5p I'll be amazed.

Did you speak to Tim? Rufus? Or Jeff?

.....the Edenville share structure webpage please.

Warrants gone, no dilution, no money.

...expire today, no dilution or warrant money. Hopefully not getting the warrant money will focus Rufus's mind to get on and get the contracts signed and delivered.

Still need a RNS to update us on where the promised technology is regarding improving output.

Once technology installed can there be anymore reasons why production can't hit 10,000 tonnes a month?