Member Info for Teaye72

I think I was clear enough in my mail, and I trust that IFC will action accordingly, especially supported by the recent chat in this BB.
Let's wait and see...

"Thank you for your email. I can assure you that the Edenville management are doing everything they can to conserve cash, with the support of their advisers and various service providers.
I am in regular dialogue with management and will try an ensure this is made clearer to the market."
GLA.

Thanks SoaS. Done.

Not sure that post lives up to your screen name, Reasonable.
They are all just opinions (as was yours), but at least they are raising valid points and concerns.
Let's play nicely people. Another RNS will be with us soon, I am sure.

Just sent them an email asking for an update. Their website contact page didn't work, which was a good start. Hopefully someone's watching their inbox even if the lights are out :)

The demand for power doesn’t automatically disappear just because there’s a lockdown... depends whether the country can/will organise itself and prioritise key industries. But no, I’m not expecting a blue hump day. Sitting and holding. And watching everyone’s pontification...
GLA.

Perhaps we could enlist The Donald to rally them all back to work...
Edenville could be the greatest, best, most productive mine in Eden, or the modern world, or thereabouts, right now, even if some people don’t believe it - like Fox N*ews - Unlike all those mines in Minnesota, Michigan and Virginia etc....
Time to go to bed. Tomorrow is... hump day. And we deserve a blue hump day for once.

Noticed one comment in someone’s LinkedIn page...
“ I notice that...you may have a few new faces on board soon !! :-$”

Informed?
Or just being optimistic?!...

Appreciate the detailed response, GW.
My position isn’t large (few GBPk) but this is the second time around for me (sold out and am back) and there’s something about the fact that the coal is actually there which keeps me in.
Totally agree on the fact that we’ve not been given proper reporting on what’s happening. RNSs are weak and untrustworthy.
But the gambler in me probably can’t cash in quite yet.
GLA. T

I agree.
I think LR has a plan and he is executing on it. And he is holding a good hand.
That may be the red wine talking, but quite frankly until proven otherwise I’m staying positive and standing by the fact that LR has delivered recently and no one can deny that the company has a serious asset.
Had enough what-if-ing.
Am staying positive.
Don’t shoot the opinion down. Just enjoy the optimism.
At least until tomorrow!
T

Trying to find some positives here.... just to bring us all back from the edge, and as it's such a nice sunny day:

Strategic Partner: "Edenville’s Directors remain optimistic that a deal can be concluded in Q2 2020"

This comes after reporting that the weather was disrupting operations, the employees had been furloughed and the company's cash position wasn't overly healthy.

So do they have a card in their back pocket?

Could be someone lowering an average (guilty of that myself almost every investment!!) or investing a bonus (that time of the year). Investing in small increments in half these AIM stocks isn’t worth the trading cost half the time (although guilty again!!) whereas more sizeable “bets” actually takes a stake...
If someone really knew something I would think we’d have seen proper movement...
All IMHO too of course!

Have to agree with Sausage, here... could just be someone taking a punt on an ISA... :))
We need an RNS to say they are producing something... anything... They were meant to be breaking even by late April... then we were told that they'd spent a ton fixing machinery which was meant to be generating the coal to break even... and then we had the lockdown.
We need a solid RNS and the BoD need to be a little more transparent about what is going on over there... AIMHO.

Just listened to it too and agree LR sounded confident and also had a strong answer regarding forthcoming release on cost savings and salaries.
Hadn't heard the Vox summary wrap-up style before... almost sounded like some industrial equivalent of Blind Date... (where's Our Graham to help those buyers make up their minds...).
It's been a long day. Definitely beer o'clock. May even to celebrate.... ;)
GLA.
T

Sad but quite possibly true

Would an updated release and valuation by Turner Pope be too much to ask for....???
Probably.... !

Ok, understood. Have to admit I’ve started to ignore the HL valuations as they can’t accommodate more than 2 decimals!
Thanks. T

Reply from LR today in response to my enquiry about the next RNS:

“It will be soon”

Let’s hope we hold the same temporal definitions.

GLA. T

Ouch. That close looks a little redder than I was hoping at 7.59 this morning...

Let's hope LR is reading this BB and clarifies for one and all... :)