Edenville Energy Forum

INDEPENDENT RESOURCES Cantor Fitzgerald reiterated its “buy” rating on the stock after the Italian hydrocarbon ministry gave a The Thumbs Up for accepting the firm’s San Gervasio production concession application. The broker has a target price of 67p, well above the 5p range the stock currently trades on. IQE Espirito Santo has maintained its “buy” rating on the stock despite a rival launching a product in a market occupied by IQE. The broker’s note said: “We believe that Qualcomm’s move is unlikely to have a material impact on IQE”, despite a fall in the IQE share price after the announcement. The stock has a fair value buy price of 55p attached to it, a premium to the 28p range it currently trades around. PENDRAGON Broker Panmure Gordon has a “sell” recommendation on the stock but has raised its target price from 15p to 19p. It said this was to take into account the general sub-sector re-rating and higher forecast assumptions anticipated from improving trading patterns during the year ahead. However, its weaker balance sheet compared to its peers meant it remained a “sell”, the broker said.

Like a stone. Roll on April 5th - must be news b4 then i reckon

I had a dream that I went to the investor show and caused havoc for the useless tw**s who run this company and now I realise that it wasn't a dream but a prophecy its about time they suffered like we have

Henry - i think you WERE dreaming

I wish I had never invested in this pile of s*** EDL can thank their lucky stars that I am too busy to go to the investor show and cause them some uncomfortable PR.......actually on second thoughts maybe I can change my diary.....we will see

HOW DOES IT DROP 14% LIKE THAT????

Small top up from me as well

Thanks Marco - only wish i had that problem too

Advice needed - as I'm a new PI in shares - excuse my ignorance - i was told that if i don't make over £10K in 1 year i don't have to report to Inland revenue. But if this share triple in price and my current investment went over that - what would i need to do?

rns sorry