So when do we.......23 May 2018 08:09
....expect answers to our questions? It's been approx. 4 weeks now since placing RNS, no sign on the financials results, AGM or answers.
Confidence shot to pieces in Edenville by virtue of the historic low share price, and still Edenville remain in hunker down mode not communicating with shareholders. I'm expecting more red than blue today as people leave for other shares that are adding shareholder value.
I still can't c]get my head around the months of being told 10,000 tonnes was the aim, and that on the 31st January Edenville actually stated
The Company's wash plant and associated equipment is currently running at a throughput of 30 to 40 tonnes per hour, operating six days a week for 8 to 10 hours a day. Edenville is therefore in a position to process 8,000 to 10,000 tonnes of mined material per month.
Then 27th April
Placing to raise �740,000
The Company will apply the net proceeds of the Placing to advance its current mining operations. The majority of the funds raised will be deployed on expenditure, primarily capital expenditure, in connection with the expansion and enhancement of Edenville's current mining activities. The Company is currently operating at up to 4,000 tonnes of coal per month and will used these funds to increase production rates in order to fulfil current and potential orders. The balance of the net Placing proceeds will be used for general working capital purposes.
It just beggars belief as to why they won't communicate now?
So when do people expect a reply to the questions??