Jogonson
16 Nov 2017
All sorts Of trading been going on in the background with some huge single trades mostly reported after hours. Certainly seem to have found the bottom and it appears shorters are gently closing out their positions with the help of the market makers of course. Expecting a correction upwards at some point very soon - hard to tell when but very good time to buy at or around placing price...The value proposition here is huge.
sansione
14 Nov 2017
Re: tweet - courtesy abdon71 on lse Probably trying to protect potential investors from the folly of buying shares in a tiny company that nobody in the world is remotely interested in. And I say that as a long term holder who would love the share price to rise.
NEWKIDONBLOCK
13 Nov 2017
Re: tweet - courtesy abdon71 on lse piece of carp iii - wont allow strong buy indicator...
NEWKIDONBLOCK
13 Nov 2017
Re: tweet - courtesy abdon71 on lse nm
NEWKIDONBLOCK
13 Nov 2017
Re: tweet - courtesy abdon71 on lse not a sell - pigging keyboard...
NEWKIDONBLOCK
13 Nov 2017
tweet - courtesy abdon71 on lse Video [link]
Jogonson
10 Nov 2017
Re: Time for Rufus to make some deals or LEA... I think it’s a bit more complex than that. We’ve got a marketing company and a deal with Rifcot. Rufus refuses to be proactive which is annoying but perhaps there are reasons for that. There’s stuff going on that we are not party to I’m sure. But yes if nothing has changed by the next AGM something will need to be done. I think the company will be in a very different position by then however.
one4all
09 Nov 2017
Time for Rufus to make some deals or LEAVE been too long now. he really isnt a sales person and should be shipped out now. by the end of this month if no deals announced we should get are act together for nex AGM and fire him. we need someone with a sales background to run our company. mining geo's are two a penny but should not be running commercial organisations EVER
one4all
08 Nov 2017
once the chinese make their mind up then edl will be taken out just to secure the resource at a cheap price. but in meantime they need to get some orders on the board and sell a tiny amount of this tonnage
Jogonson
08 Nov 2017
Re: once the chinese make their mind up Yep - obviously sales/income the big uncertainty at the moment and playing into shorter's hands however one small whiff of any sales figures/contracts or any other news for that matter will take this back to some more healthy levels.One interesting thing to note is that the company has uploaded a new presentation onto the website - last time that happened, a fairly big announcement followed it quite soon.
one4all
08 Nov 2017
once the chinese make their mind up then edl will be taken out just to secure the resource at a cheap price. but in meantime they need to get some orders on the board and sell a tiny amount of this tonnage
Jogonson
08 Nov 2017
A few facts Our resource of 176m tonnes is currently valued by the market (MCAP) at approximately 0.06 dollars per tonne in the ground - that is 6 cents!! It is undoubtably a huge resource.Going rates for coal are anything between $40-90 per tonne. For our washed product, somewhere between those figures is expected with estimated profit $10-20 per tonne.The current uncertainty is not supply it is demand. Once demand is ascertained, we come back to how much we can supply. Estimated max supply with double shift at the mine is about 30000 tonnes per month.That is 360 000 tonnes per annum. Or $3.6m - $7.2m profit.Get another washer and we double that..That is a very good base for a cash positive company to go forward into negotiations with partners about the coal to power project.My own belief is, and has been for years, that we are party to long game of chess with a potential buyer for the whole bonanza.Of course there are risks and uncertainties but with those figures this surely is a very very investment.
Jogonson
08 Nov 2017
Always said this was a superior board. Feeling a bit mugged off about getting pulled into the clickbait games being played on lse. Only got myself to blame.Let sanity commence.
Jogonson
08 Nov 2017
Re: that sumbawanka is a total jerk on lse Yep. Don’t think the deramp crew over there have got much currency left. Pretty much everyone has seen first hand what they’re about. It’s pretty obvious. The good thing is that to have such an orchestrated attack on a share like that must mean that there’s significant upside to be had. I’m kind of fascinated by who is behind it all and what their dark world is all about. Got several theories.. They do need to be careful....
one4all
07 Nov 2017
that sumbawanka is a total jerk on lse self righteous and talks rubbish, to say that a ceiling will be on the share price BECAUSE of the warrants at .8 is as wrong a statement as can be made
