EDE - Eden Innovations

[jbocker]

Re: EDE - Eden Energy

Edencrete has been proving some very good results from tests and according to their initial 'World of Concrete 2016' in Las Vegas there has been some very encouraging interest from broader USA markets plus from 10 other countries.

I hold.

 

[nioka]

Re: EDE - Eden Energy

Anyone considering EDE or TAS because of the potential with Edencrete should check out the options as the leverage available could add a bonus. The options run until 2018 and if the product performs as indicated options will give much larger gains. Of course it the product isn't accepted then the options could end up worthless. I'm confident enough to be trading the shares for options. They also add two more options in trading between EDE and TAS as the relative price and value shifts.

 

[basilio]

Re: EDE - Eden Energy

Another release on the Edencrete project in US. Certainly going well .

For the first time (as far as I can see) we have some financials on the project. They will be pricing the additive at $25 a gallon. The current plant is producing 190,000 gallons a year but can be ramped up to 2.4 Million gallons per year by end 2016/start 2017. On those figures the project should be grossing $50-60m (US) within 12 months.

Development plans for the new production site are proceeding satisfactorily.
________________________________________________________________

If the pilot plant can return $50 m a year then a full scale plant should show a many fold increase. I can see a $1 a share in medium term. (Assuming it all goes according to Hoyle...)

http://www.asx.com.au/asxpdf/20160229/pdf/435fp8qm752m0q.pdf

 

[jbocker]

Re: EDE - Eden Energy

Adding to Basilo's comment, and what excites me, is the news that a number of large US companies with diverse concrete applications had requested and have been sent samples of the Edencrete product.
I assume this is for their own testing and to see how they meet their particular applications, maybe they might uncover further applications for Edencrete.

Looks exciting.

 

[bassmanpete]

Re: EDE - Eden Energy

Have held this stock since 2008. First bought in because of their UK coal seam gas assets (before I became aware of the negative side of csg). Stuck with them, and gradually increased my holding, because of Hythane and the carbon nanotubes. Now have a decent number of shares and things are suddenly starting to look bright. Just hoping there's no Rolls Royce/carbon fibres disaster up ahead!

 

[basilio]

Re: EDE - Eden Energy

It's an intriguing exercise. I have been a long term holder in fact since the first news of the cheap carbon nano tube process. The shares shot up to 20c plus - and kept falling ever since.

I think it's 5 years now and a share registry that is about 5 times what it was then. The main players have always made sure they were well paid and will continue to do so.

There was a comment from another forum that Eden will be taken over relatively quickly. Getting widespread market acceptance, building a big plant and making initial sales should be enough to get a very big pay packet for the Solomon brothers.

 

[nioka]

Re: EDE - Eden Energy

EDE has been rewarding those holding this week. Shares bought at less than 3c not long ago now show a 300% gain. EDEO showing better gains. TAS has a large shareholding in EDE also showing the same sort of gains.

 

[jbocker]

Re: EDE - Eden Energy

...
There was a comment from another forum that Eden will be taken over relatively quickly. Getting widespread market acceptance, building a big plant and making initial sales should be enough to get a very big pay packet for the Solomon brothers.

With a number of US companies receiving samples and probably doing there own tests I would suspect someone might eventually run the ruler over them and consider taking over the technology. I read in their EDE release where they are quoting a source, US$20+ Billion global demand for cement/concrete additives (including 9.3% annual increase to 2017)
http://www.asx.com.au/asxpdf/20160229/pdf/435fp8qm752m0q.pdf

Lets hope their share price continues to rise a lot, before they may become targeted.

 

[jbocker]

Re: EDE - Eden Energy

Very encouraging announcement today. Commercial Order received for heavy wear and high abrasive site. Project savings of 40 - 45% and using a slab 50% thinner than a new ultra high strength slab design.
Nice comparison photos of field trial.
more...
https://content.markitcdn.com/resea...USlM1UTkiLCJmaWQiOm51bGwsImR0IjpudWxsfQ==.pdf

 

[basilio]

Re: EDE - Eden Energy

BIG week for EDE since the report last Friday making clear just how valuable Edencrete will be in reducing road building costs (and other concrete uses) and providing a far high quality product.

A game changer in one of the biggest, most fundamental industries around the world.

SP almost doubled from .089c to .17c. It has also been a relatively steady progress rather than an intra day spike.

It will be interesting to see what sort of financial analysis is made of EDE by the various brokers. It will also be interesting to see how quickly they can ramp production and sales from the current pilot plant and progress to a "proper" sized industrial plant.

Thoughts ?

 

[jbocker]

Re: EDE - Eden Energy

BIG week for EDE since the report last Friday making clear just how valuable Edencrete will be in reducing road building costs (and other concrete uses) and providing a far high quality product.

A game changer in one of the biggest, most fundamental industries around the world.

SP almost doubled from .089c to .17c. It has also been a relatively steady progress rather than an intra day spike.

It will be interesting to see what sort of financial analysis is made of EDE by the various brokers. It will also be interesting to see how quickly they can ramp production and sales from the current pilot plant and progress to a "proper" sized industrial plant.

Thoughts ?

A great week indeed. Edencrete could revolutionise the concrete industry, but that is way too early to call. I wonder what will happen to the by-product, Hydrogen, which if memory serves me right was the initial desired product from the pyrolysis process which was to develop cheap hydrogen with no CO2 produced. Don't quote me but I thought they discovered the 'waste' carbon in solid form produced carbon fibre and carbon nanotubes, which is now becoming the 'desired product' now that they have discovered an application for it... Edencrete.

There seems to be a lot of upside in having two very desirable products, little or no waste from a cheaper process than traditional ways to generate both hydrogen or carbon nanofibres and carbon nanotubes.

 

[pixel]

Re: EDE - Eden Energy

BIG week for EDE since the report last Friday making clear just how valuable Edencrete will be in reducing road building costs (and other concrete uses) and providing a far high quality product.

A game changer in one of the biggest, most fundamental industries around the world.

SP almost doubled from .089c to .17c. It has also been a relatively steady progress rather than an intra day spike.

It will be interesting to see what sort of financial analysis is made of EDE by the various brokers. It will also be interesting to see how quickly they can ramp production and sales from the current pilot plant and progress to a "proper" sized industrial plant.

Thoughts ?

I sense another capital raising coming on. The $4.9M raised in February won't go far to build a "proper" plant.

Maybe it's those concerns that weigh on TAS's share price relative to EDE's?

Back-of-postage stamp calculation for TAS:
In round numbers, 100M each, TAS has 400M shares on issue and holds 500M EDE.
Ignoring options, TAS then "ought to" trade 25% above EDE. Instead, it's trading about 30% below.

That said, I still entered into a couple of small TAS and TASO positions, hoping the Market wakes up to the discrepancy - and ignore TAS's obvious difficulties to maintain their 40%+ level of holdings, should a substantial cash injection be asked for.

 

[pixel]

Re: EDE - Eden Energy



As both charts hit obvious resistance, even closing Monday's gap-up, I took all my TAS and TASO off the table for a quick, tidy profit. Last sale this morning at 13.5c. Didn't buy back either - and now they've both called a trading halt. Does anybody wish to bet AGAINST a Capital Raising?

 

[Knobby22]

Re: EDE - Eden Energy

lol

 

[basilio]

Re: EDE - Eden Energy

I don't think there will be a capital raising in this announcement. I reckon there has been some quite major advances in market acceptance or sales that has been driving the price up in the past week. Would be interesting to see who has been buying in advance....

I can see the possibility of a capital raising at some stage but I think there should be quite large surpluses available from production out of the pilot plant. Also the announcement talked about developments with Edencrete not capital raising.

We'll see.

 

[Mad Mel]

Re: EDE - Eden Energy

When the announcement comes, I suspect it will resemble this: http://m.ajc.com/news/business/concrete-company-to-create-250-jobs-in-georgia/nq4wt/

Perhaps not an explicit capital raising, but an implicit one.

Still holding EDE.

 

[basilio]

Re: EDE - Eden Energy

When the announcement comes, I suspect it will resemble this: http://m.ajc.com/news/business/concrete-company-to-create-250-jobs-in-georgia/nq4wt/

Perhaps not an explicit capital raising, but an implicit one.

Still holding EDE.

Good find. That is certainly the news. Big story. As you say it will be interesting to see if a capital raising is also attached.

Be even better if they can release some current production figures and early sales !!

 

[pixel]

Re: EDE - Eden Energy

When the announcement comes, I suspect it will resemble this: http://m.ajc.com/news/business/concrete-company-to-create-250-jobs-in-georgia/nq4wt/

Perhaps not an explicit capital raising, but an implicit one.

Still holding EDE.

Good guess, Mel

http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01731108
They may have secured lots of land and government grants, but at an initial estimate of $67M, even the first building phase will require Millions of $$$ that will have to come from somewhere.
Capital raising, debt finance, or take-over are the only three options that come to mind.

 

[jbocker]

Re: EDE - Eden Energy

...
Back-of-postage stamp calculation for TAS:
In round numbers, 100M each, TAS has 400M shares on issue and holds 500M EDE.
Ignoring options, TAS then "ought to" trade 25% above EDE. Instead, it's trading about 30% below.

....

You are right Pixel. TAS actually spells this out on 1st March announcement, where the closing price of EDE was 10cents then the holding market share by TAS equates to 15cents.

http://www.asx.com.au/asxpdf/20160301/pdf/435hwm8zzyjjtg.pdf

So that is if EDE is 10c, TAS 'should' be 15c, (1.5x EDE)
Just looking today as I type EDE is 23.5 cents and TAS by that reckoning (1.5xEDE) should be 35c. TAS is currently15.5 cents!!

So I am now holding both.

 

[pixel]

Re: EDE - Eden Energy

You are right Pixel. TAS actually spells this out on 1st March announcement, where the closing price of EDE was 10cents then the holding market share by TAS equates to 15cents.

http://www.asx.com.au/asxpdf/20160301/pdf/435hwm8zzyjjtg.pdf

So that is if EDE is 10c, TAS 'should' be 15c, (1.5x EDE)
Just looking today as I type EDE is 23.5 cents and TAS by that reckoning (1.5xEDE) should be 35c. TAS is currently15.5 cents!!

So I am now holding both.

Maybe I'm overly cautious, but I have now started to look at it the other way around:
If TAS "should be" 25% above EDE, that means EDE "Should be" 20% below TAS.
What if TAS knew a little more than you, I, and all the mums and dads? Given that TAS can't easily turn their EDE holding into cash, they would have to value it at a long-term average.
Assuming then the current 15cps TAS is "about right", EDE's target price would come down to about 12c.

As a consequence, I'm treating both as highly speculative and only trade short-term swings.