Alerts are on.
The blog has had an awful lot of emails re’ this company over the last 3 months or so and I have promised many via email that I will keep an eye out for any whisperings.
Apparently investors are awaiting an RNS. Re’ the Namwele and Mkomolo Deposits at the Rukwa Coalfields project in Southern Tanzania. Rumours of an RNS are gaining credence alerts have been set. Edenville have refused to be drawn on the issuance or imminence of the release
Whisper is that the drill has completed its objectives; activity at the field camp in Namwele suggests to sector watchers news may be imminent! Expected Good news is on the way.
The alerts are on here!
Good Luck
Dan
PS News is well overdue.
On the http://www.iii .co.uk Edenville board an investor gave a link to Obtala Minerals (I think that’s the right name) which has an empty page on its website named Edenville Energy.
The company was emailed by the same investor and was told that it was an error, but suspicions are that Edenville may be target for takeover.
Perhaps this will be in the RNS. Wow, if so!
Sold out yesterday, for once got timing right.
Its gone up over 100% in a very short time and with 3 billion shares in issue, news might be priced in.
Put it in BHR instead, but good luck to any investors.
Dan The main MAN,
Very good and intesting feedback. Seems it gonna start climbing soon.
Thanks again for posting wat you know.
Much appreciated here.
A friend of mine just came to me while i am reading your post and he said he is in Aurelian Oil & Gas PLC since the price was at 20p & 26p.
He recommanded me this share and he reckons it will make minimum a double of its current SP 68.5.
Kind Regards,
ABZ
Obtala Resources Limited
(“Obtala” or “the Company”) (AIM:OBT)
Projects Update, Tanzania
The Board of Obtala Resources Limited, the resources investment, development and production company, today announces that further to the press release dated 7th December 2010, the Company has not been able to reach a satisfactory conclusion in negotiations with Stamico relating to the Buckreef gold project. The Company believes it is in the best interest of its shareholders to focus on other opportunities that have recently presented themselves to Obtala. The Company is currently evaluating specific precious metals projects in Tanzania and will inform the market of any further developments.
Could this be our EDL . Having started the drill programe few days earlier.
Will be watchin for any post on III thanks
Happydayz1
Obtala Resources Limited
(“Obtala” or “the Company”) (AIM:OBT)
Projects Update, Tanzania
The Board of Obtala Resources Limited, the resources investment, development and production company, today announces that further to the press release dated 7th December 2010, the Company has not been able to reach a satisfactory conclusion in negotiations with Stamico relating to the Buckreef gold project. The Company believes it is in the best interest of its shareholders to focus on other opportunities that have recently presented themselves to Obtala. The Company is currently evaluating specific precious metals projects in Tanzania and will inform the market of any further developments = EDL
Hi Dan,
Happy New Year to you!
Many thanks for the update on EDL and yes indeed the news is reported to be good and some positive comments in the FT and one of the board sheets last week. One city trader has a target of 8 pence according to the Daily Mail and some talk of higher.
I have a fair few EDL shares and I look forward to the news. Did anyone notice how the Close Brothers recently increased thier investment in EDL.
Do you have any updates on BLVN? Some positive talk on an RNS soon.
Cheers
Aj
Thanks AJ for further update with a Target Price.
Dan, Any comment on this target price?
Ta,
ABZ
Dan. Edl very interesting.
A small favour! Are you able to find out anything about Verona Pharma
in the city only the RPL554 trials (Asthma) must be in the final stages!
If they get a deal on this it could be a global treatment for Asthma
patients .
Hi Dan,
Thanks again for your update regarding EDL its much appreciated.
Interestingly at close of trading today I noted 5 large delayed trades on EDL which all appear to be buys totalling over £600,000. There also appears to be a buyer/s purchasing blocks of 5 million shares with an average transaction value of £125,000 this has been happening fairly regularly over the last two weeks. It’s been my feeling that this stock is being moved by much larger buyers in the market.
The Daily Mail back in September quoted that a city trader said EDL could be worth 8 pence per share 100 tonnes of coal. Of course the figure could be much higher as this is almost untouched territory and coal prices are also expected to rise strongly this year.
I have great expectations from the next operational update RNS which is due anytime now.
Best wishes
Aj
P.S If you have time BLVN is due significant news anytime now have you heard any whispers in the city? also EMED Mining looks to breaking out on the back of potential and significant news this January regarding their world class copper mine in Rio Tinto, Spain.
I’m in.
I’m in too . In fact, I’m all over this like a dog on heat !