EDE - Eden Innovations

[daaussie]

Re: EDE - Eden Energy

The announcement was a huge leap forward, just hungry profit takers. I saw this an opportunity to increase my holdings
I have no doubts eden will begin to rise again in the near future and they will be back on board.
Ede are also a very busy company with the coal and goethermal energy projects also underway.

 

[noobs]

Re: EDE - Eden Energy

Another good announcement out for this company! The potential for their Hythane stuff is enormous with in roads in India and USA already who will be next - Asia, Europe??

 

[wahoo]

Re: EDE - Eden Energy

Considering the pump and dump in Dec. Eden has sat at around 37c pretty firmly 4 the last month with no announcements - seems 2 be a lot of belief from investors in this stock

Quick background - listed 8 mths ago, cleangreen Co, US gov research $$, hydrogen crossover technology - accessable clean power source, bunch of IP's, coalseam gas - prospective, geothermal power - prospective

Hythane
We're talking 60million passengers per day on buses in India
Thats around 500 000 buses
smog filled cities that the government is taking huge steps to clean out
conveniently the fuel they are chosing to power their new thriving economy is LNG
Huge LNG rollout all over India
LNG is 40% cheaper than diesel
Court orders in Delhi forced entire public transport system in that city to use LNG cos theyre sick of the smog
LNG is clean but Eden's Hythane makes it 50% cleaner
The technology to run existing engines on LNG is the same used 4 hythane

They've got the product and importantly, from their latest announcement they know how to sell - its starting to be entwined in India's envisioned powersupply - even at governmental levels - this is looking pretty good - and this is just one country...China's sniffing around too

They should start drilling 4 methane in Wales in the next month - in coalfields where abandoned mines are flooded with methane

Spec yes - but seems like this has enough bases covered to steadily grow. US gov research $$ in the bank and income should be coming in from IP's by now or very soon

 

[bt777]

EDE - Hythane and Carbon credits

Eden Energey just put out an announcement yesterday concerning development of the Indian Hythane project - details below.

Briefly, India is a producer of Natural Gas. It produces just over 1 trillion cubic feet per year, all of which it consumes.
The cost to the consumer is about half the cost of diesel, and much much less than petrol.
Hythane reduces emissions of NOx (Nitrous oxides) by around 50% compared with standard Natural gas. It consists of a mixture of Natural gas and hydrogen(5 to 10%).
The hydrogen increases combustability and reduces emissions.
Also, by adding hydrogen to diesel, costs for businesses which use generators for electricity to alleviate the use of outside electricity which is unreliable, are reduced dramatically, as are the bad emissions.
The supreme court in India has mandated the use of Natural gas for transport in 22 capital cities, to reduce pollution.

Carbon credits for NOx reductions from CNG and diesel are substantial and are a key driver in the move to Hythane across India. It's all about money.
NOx has a GWP rating of around 300 compared to the Global Warming Potential of Carbon Dioxide as the base of 1.
India is now #10 producer of Natural gas in the world. Most of the gas comes from north west of Mumbai and from Gujarat state. It makes sense for them to expand it's use as cost and emissions are much lower than their counterparts.
Developing countries get paid by developed countries for reducing greenhouse gases, according to the Kyoto Protocol of 2005. They accrue carbon credits, and when the gases are as bad for the environment as NOx is, they receive amounts dependent on the GWP rating.

They are planning to put all the public buses on Hythane (worldwide patents owned by Hythane Company - 100% owned by Eden Energy - ASX - EDE), starting may 07, and expanding use of Hythane five fold from the current use of Natural gas over the next five years.

Overall fuel cost for CNG for transport on public buses in India currently for a year - multi Billions of dollars.
Ashok Leyland, who Eden has done a deal with (Dec 18 announcement) produces 80% of these buses. Even if Eden only get a low percent cut of less than half a percent of the fuel price, the amounts Eden are set to make are huge as recurring income.
Not to mention conversions of engines. The market is enormous.

And only 120 million shares.
Current Market Cap A$50M.


Jan22 announcement:

EDEN ENERGY LTD
ACN 109 200 900
Level 40, Exchange Plaza, 2 The Esplanade, Perth, Western Australia, 6000
Telephone: (08) 9282 5889 Facsimile: (08) 9282 5866
Website: www.edenenergy.com.au
AUSTRALIAN STOCK EXCHANGE ANNOUNCEMENT
22 JANUARY 2007
HYTHANE - INDIA
The Company is continuing to make good progress in its marketing of Hythane ® in India and is well
placed to be a major participant in what is seen as a huge and potentially rapid roll out of anticipated
Hythane ® in various sectors of the Indian market. During the past two weeks the following have
occurred:-
1. Negotiations with a major engineering group in India were significantly progressed with a view to
establishing a joint venture company in India for the marketing and roll out of Hythane ®. It is
hoped that these negotiations will be concluded during the next 4-6 weeks.
2. Further encouraging progress was made in the Company’s negotiations with another major Indian
bus manufacturer and with a major Indian generator manufacturer in relation to developing
Hythane ® gensets for the huge Indian generator market. It is hoped that both of these negotiations
will progress to agreements during the next 1-3 months.
3. The Gas Authority of India, a government body which owns and operates most of the gas pipelines
in India and is a major gas supplier in India, has offered to partner with Hythane Company (the
wholly owned subsidiary of Eden Energy) in the Indian Hythane ® bus demonstration projects for
the Ashok Leyland engine, planned for May / June 2007, following which they are ready to
commence an immediate roll out of Hythane ® in selected areas where both hydrogen and Natural
Gas are available.
4. Frank Lynch, the co-inventor of Hythane ®, and an exclusive consultant to the Hythane Company on
Hythane ®, delivered a key note address to the SIAT 2007 Conference in Pune on 19 January 2007,
which was attended by over 1,000 delegates. This conference was arranged and run by the
Automotive Research Association of India (“ARAI”) in association with SAE India and NATRIP.
The key note address focused on the benefits of Hythane ®, and its physical properties and
characteristics.
5. At the SIAT 2007 Conference, a leading consultant to the Indian government announced that it is
proposed to develop an urban rapid transit system in India using buses, to build dedicated bus lanes
in approximately 50 cities, and to power the buses with alternate fuels. Natural Gas and Hythane ®
are likely to be the major fuels used for these buses.
6. ARAI, which, along with the associated Indian government organisation NATRIP, have recently
received major Indian government funding to expand automotive research and development in India,
also gave a paper at the SIAT 2007 Conference on Hythane ® in India. The associate director of
ARAI, who delivered the paper, said that whilst India proposes to ultimately move to pure hydrogen
as a vehicle fuel, Hythane ® is the transitional fuel which will be used and developed in the
meantime. ARAI further indicated a desire to work with Hythane Company (Eden’s wholly owned
subsidiary) to develop and test Hythane ® engines for the Indian market where appropriate.
7. Indian Oil Corporation, which is also charged with responsibility for the development of Hythane ®
in India, has requested that Hythane Company conduct a workshop on Hythane ® in early March at
their research and development facility near Delhi, at which all relevant government and industry
parties will be invited. This workshop will focus on the standards, codes and regulations for
Hythane ® that should be applied for India.
The overall level of interest and activity in India is extremely encouraging and bodes very well for the
future of Hythane ® in the huge Indian market.
Gregory H. Solomon
Chairman
22 January 2007

 

[LifeisShort]

Re: EDE - Eden Energy

Good to see progress being made in India. Looking forward to seeing the drilling for coal seam soon. All in all I think Eden is a nice long term proposition stock

 

[moses]

Re: EDE - Eden Energy

Good to see progress being made in India. Looking forward to seeing the drilling for coal seam soon. All in all I think Eden is a nice long term proposition stock

I agree.

Thats why is it falling today (down 4.8%) of course.

 

[noobs]

Re: EDE - Eden Energy

I'm with you Life is Short this has massive potential and I have a large amount of my portfolio in this stock. Moses I'm not concerned about the days SP as Life is Short said long term - That doesn't mean one day!

 

[moses]

Re: EDE - Eden Energy

I'm with you Life is Short this has massive potential and I have a large amount of my portfolio in this stock. Moses I'm not concerned about the days SP as Life is Short said long term - That doesn't mean one day!

Its fine with me. I'd like it to come down further as its time I got back into this stock.

 

[noobs]

Re: EDE - Eden Energy

Agreed - Not with the downward price movement but!

 

[falconx]

Re: EDE - Eden Energy

Anyone heard any news today to justify the 11.46% rise? Didn't see anything on their website.

 

[noobs]

Re: EDE - Eden Energy

These guys don't need an announcement to go up as they are extremely thinly traded as people don't want to give up their shares. A quality company which will be multi bagging in a years time in my opinion. Hythane has some massive potential and they have their hands in many other areas as well including cyrogenics.

 

[LifeisShort]

Re: EDE - Eden Energy

Anyone heard any news today to justify the 11.46% rise? Didn't see anything on their website.

Its just a very promising stock with some interesting projects especially lower emissions hythane. There seems to be a sentiment leaning towards clean energy. This one is a keeper IMO. Any weakness is a buy opportunity for me

 

[arcla1]

Re: EDE - Eden Energy

Would you believe I bought this stock at 54c a few months ago! Within a few days it was down towards the 30c region. I didn't give up hope though. As has been said, it's a keeper. I should have topped up in the 30s.

 

[LifeisShort]

Re: EDE - Eden Energy

Would you believe I bought this stock at 54c a few months ago! Within a few days it was down towards the 30c region. I didn't give up hope though. As has been said, it's a keeper. I should have topped up in the 30s.

Bloody oath you should/ve. I've got some more oppies when they had that dip....I'll keep accumulating. Someone must have stumbled across this one as it jumped 20% today. Keep it coming baby. There will be I'm sure another retraction which will be another buying opportunity at some point. Its a fascinating stock with a few diversified projects that if any of them come through should be enormous for the company

 

[bt777]

Re: EDE - Eden Energy

This one is in the league of Paladin, Mincor, and those other many multi baggers, except this one will get there quicker.

 

[LifeisShort]

Re: EDE - Eden Energy

Just gets better and bigger......options at all time high 50c. Who would've thought that when one could've got them at 3.5c only about 6 months back......thats a 15 bagger.

 

[nioka]

Re: EDE - Eden Energy

The cheapest way into EDE is through TAS. Refer to the TAS announcements. TAS are a major shareholder in EDE.

 

[BIG BWACULL]

Re: EDE - Eden Energy

Down 10%
Whats goin on? why jump off a floating ship, theres sharks in the water DOH!!

 

[noobs]

Re: EDE - Eden Energy

Impatient profit takers selling due to no news for a little while - Has recovered somewhat since. Fundamentals remain intact for this company and those who are patient will be handsomly rewarded in my opinion.

 

[moses]

Re: EDE - Eden Energy

fwiw EDE is looking very negative on the Neilson SMA chart. If I was holding (which I'm not atm) I'd be selling quicksmart in anticipation of a dip. DYOR of course, as this stock otherwise seems to have a good future.