Member Info for Sausageonstick

For sure, I understand that, but it's been three weeks since the placing RNS. Why wait until the day of the all time low, then sell a chunk. Is it pre-emptive?

.........and say that we could easily hit 0.2's next week?

Looks like one or more individuals got out this morning, why would anyone want to sell such a large volume at a historic low??

I would change the word 'Africa' in your sentence for another proper noun.

......I said this was going to hit 0.3p???!!!!! If the share price is an indication of the level of confidence in Edenville, it's employees and associated companies, then we are hitting an all time low in terms of confidence and share price. Jeff and Rufus could stem this negativity in an instant with a full update, with facts and figures rather than, if, but, maybe, but they have not yet to date provided an update. The question is becoming why won't they respond?

"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'.........................Subsequently the Company intends to install both a Lamella water treatment system and pre-screen technology to improve the overall efficiency of the plant. The Lamella water treatment system will remove mudstone and coal fines from the water, providing the plant with cleaner water and the pre-screen technology will pre-screen the mined material, removing coal fines before they reach the wash plant. Once implemented, hourly production rates should increase to 80 to 100 tonnes per hour, thereby bringing operational costs per tonne back in line with management expectations, in parallel with the plant reaching its full production capacity" So has the technology been installed and is working now? Has the production rates should increase to 80 to 100 tonnes per hour? As Edenville are only producing up to 4,000 tonnes a month.

Well it's 9 weeks until the end of the 18 months MoU with Sinohydro for the BFS, and what do we actually know about what has been achieved? Hmmmmmmm, that's right. The Edenville BoDs can see the effect that this silence is having on confidence / sp but still they remain silent. I just don't understand why they would ease shareholders concerns?

Going to see 0.3p this week folks unless Edenville issue something positive, certainly it feels like confidence is ebbing away further. �11k sell yesterday and a �49 buy today.

I can't see anything other than positive news will generate the volume we need, and Edenville don't seem to be in a rush to stop the sp falling further.

Aerial, You've hit the nail on the head "Why have the company virtually severed all lines of communication and sort to starve the market of accurate and honest information as to the companies current status" ?... ,

100% agree. End all the negativity at once by updating the market on all aspects. Shareholders await an official response rather than some emails from Jeff and Tim.

They could clarify/clear all of this in an instant, with a single RNS, but for some reason they won't. I'm a realist, when things are good I'm happy, when I feel like I'm not getting the whole truth, I start to ask questions. Then I'm told my questions can't be answered because of a bulletin board then I really get interested in finding out what is going on, cos it just doesn't add up anymore.

I'm becoming increasingly suspicious of the 'coal out for testing by potential clients'. Tanzania banned the import of coal a long time ago, if I could be bothered to look for the RNS it would probably be more than a year ago. Stock piles held by Tanzanian companies surely would have been used up. Hence they must be in dire need of coal, however only one company has signed up. What is preventing others from signing up???? Edenville have opened up 2 mines, but can only manage up to 4,000, so if Edenville know they can't satisfy orders totalling more than 4,000 tonnes a month why are they still sending out samples for people to burn. They said they were sending out samples at commercial rates a long time before the funding RNS said they could only produce 4,000 tonnes a month. Have they been sending out coal to be tested knowing that they couldn't satisfy orders that totalled over 4,000 tonnes a month??? I just don't get it. Any thoughts?

On what grounds do you base that?

"As we know Edenville have a problem with PR" Especially when they hide behind 'bulletin board' reasons for not replying to questions.

I'm a realist!!!! And the lack of news on contracts in a country that banned coal imports, along with the fact he's been saying 10,000 tonnes and now it's up to 4000 tonnes. There is very little confidence in Edenville and connected companies

...this time next week?

.

Almost 18 months the BFS had been going on, and what do we know about it????

I'm hoping they are putting all their writing efforts into the end of year report. This will show us how much Rufus is pulling out of the company, will be interesting to see if he's given himself a fat pay rise!!!!!