EDE - Eden Innovations

[BIG BWACULL]

Re: EDE - Eden Energy

Here's the latest announcement, They will continue trading on monday and the have allocated 12.5 to 20millon dollars worth at 60c a share to institution and sophisticated investors (with shareholder approval of coarse)

The directors are pleased to advise that they have agreed to make placements to the value
of between $12.5 million and $20 million by the issuing of fully paid ordinary shares at an
issue price of $0.60 per share to various institutions and sophisticated investors in Australia
and United Kingdom in accordance with sections 708(1) and 708(8) of the Corporations
Act 2001 (“the Act”) and under the 15% placement rule of the Australian Securities
Exchange Listing Rules.
The precise number of shares to be issued (and the amount to be raised) will be announced
within the next 3 days.
These shares will be issued subject to the passing of the resolutions at the general meeting
of shareholders to be held on Wednesday 11 July 2007.
A commission of 5% of the value of the funds raised is payable to licenced stock brokers
in Australia and United Kingdom who are arranging the placements.
The funds raised will be used for the purposes to meet the Company’s ongoing working
capital requirements.

We got big bucks backing (fingers crossed)

 

[purple]

Re: EDE - Eden Energy

BB, what do you reckon for EDE?
I've not had the opportunity to buy in yet, my funds tied up in some other stocks.

big gap up on Mon?

 

[purple]

Re: EDE - Eden Energy

relatively reddish day for green energy stocks.. many of them cautious or slipped backwards..

my gut feeling is that this is a consolidation period before a strong move upwards...

BBW:AU (A$)
Babcock & Brown Wind Partners
1.905 -0.035

CFU:AU (A$)
Ceramic Fuel Cells Ltd
1.02 -0.05

CNM:AU (A$)
Carnegie Corp Ltd
0.20 -0.015

DYE:AU (A$)
Dyesol Ltd
1.335 -0.025

EDE:AU (A$)
Eden Energy Ltd
Status: Suspended 0.64 0.00

ENE:AU (A$)
Energy Developments Ltd
4.54 -0.05

EVM:AU (A$)
EnviroMission Ltd
0.15 0.00

GDY:AU (A$)
Geodynamics Ltd
1.72 +0.04

GHT:AU (A$)
Geothermal Resources Ltd
2.02 +0.28

GRK:AU (A$)
Green Rock Energy Ltd
0.165 -0.005

ORG:AU (A$)
Origin Energy Ltd
9.45 -0.25

PTR:AU (A$)
Petratherm Ltd
1.195 +0.02

QTM:AU (A$)
Quantum Energy Ltd
0.096 -0.003

TEY:AU (A$)
Torrens Energy Ltd
0.785 0.00

 

[BIG BWACULL]

Re: EDE - Eden Energy

BB, what do you reckon for EDE?
I've not had the opportunity to buy in yet, my funds tied up in some other stocks.

big gap up on Mon?

For me this is one of the first stocks i bought at 22c and more at 35c, as i was looking towards energy stocks with a green outlook and also companys that have a niche market, i see a lot of potential upside fundamentally, especially with their HYTHANE (Gas hydrogen blend) They have the idea pretty much sold in INDIA, Still awaiting that motor that was converted in the U.S and is enroute back to india for final testings, They also own Liquid nitrogen storage, Geothermal licences in AUS, coal bed methane in U.K, These guys have alot of stuff that could potentially make BIG $$, Therefore i feel that this Extra $$ coming in from BIG investors will definately prop them up for their future expansion on all of the buisness fronts, Hope the market favours this step, I will be hanging on and when more funds are available i will be topping up some more. In some instances i hope the price stays stagnant till i can raise more funds. See how monday goes ,
I INVEST, I DONT TRADE ie LONGTERM GROWER not SHORT TERM PROFITEER (You know each to their own)

 

[purple]

Re: EDE - Eden Energy

In some instances i hope the price stays stagnant till i can raise more funds.

Ah, Yes...this is the one, this is the million dollar hope that I have too.

the whole string of projects and patents that they have are all pretty much in the exploratory stage, which I wouldn't pin that much of my money on at this stage.

but the one that's advanced is the Hythane project, which is being marketed. this one I'm willing to put money on. sheesh. if only the rest of the world would stop while I can salvage money out of my other stocks which are not moving...

it's a bit hard to do relative comparisons because there are really few green energy stocks around, and they are in different types of energy generation.

nor can I use a DCF model on these...how do you estimate profit for selling something to the Indian masses?

can only go on the advanced stage of the Hythane at the moment.

actually, BB, you have a good suite of winning jokes, you're one of the top posters of the ASF joke thread, can you please fly over to ASF Mon morning and do some stand up comedy for the day while I work out my finances? that'll give me time to get into EDE while the market stalls.

 

[purple]

Re: EDE - Eden Energy

The recent share placement is beginning to be recorded into ASX.

Out of the 23 million shares issued last 2 weeks, Goldman Sachs took out 8.2 million shares which would be worth about $5million.

Good to see these institutions getting behind this stock.

i posted a short list of institutions and which stocks they favoured enough for a substantial holding, in the Global Warming thread
https://www.aussiestockforums.com/forums/showthread.php?p=183504&highlight=global+warming#post183504

. glad they like EDE!

 

[BIG BWACULL]

Re: EDE - Eden Energy

Looks like tasman resources have been topping up their noble energy with 474 602 thousand shares on market as per announcement ($232,000) I had a smalltop up last week at 48c as i could not resist ( so livin on bread and water with hops now ) CMON HYTHANE

 

[BIG BWACULL]

Re: EDE - Eden Energy

Announcement out about Hythane in India

Indian Hythane® and Hydrogen Projects Update

HIGHLIGHTS

• Indian Government announces a target of having all Natural Gas
powered vehicles, estimated at 1 million vehicles or 20% of the whole
Indian vehicle market, running on Hythane® by 2020.
• Highly encouraging progress on conversion of first Indian Natural Gas
Bus engine to Hythane® operation.
• Conversion of first Indian manufactured 500kva diesel generator to a
dual fuel operation (diesel and Hythane®) has commenced in Colorado.
• Costing and preparations for production in India of first HyRadix
hydrogen reformer nearing completion.
• Demonstration projects for both Hythane® fuelled buses and Hythane®
dual fuel generator planned for second quarter 2008, both of which are
planned to progress directly into commercial operations.
• Negotiations underway for conversion of a second Indian Natural Gas
bus engine and a mini-bus engine to Hythane® operation.
• Drafting of proposed Hythane® safety standards and regulations for
India nearing completion.
• Marketing in India of HyRadix hydrogen reformers for the industrial gas
market commences and negotiation for a strategic alliance underway.
• Indian subsidiary company established and first staff engaged to manage
Indian operations

It needed this update to bounce of 40c support. PHEW

 

[KIWIKARLOS]

Re: EDE - Eden Energy

mate these guys are going places, definitly a long term hold. but think about how big there market is going to be and its basically guarenteed. Al we need know is some funding arrangement s coming from the indian gov and we'll be flighing high.

 

[purple]

Re: EDE - Eden Energy

maybe Australia is not as exposed to the Indian economy as to the Chinese one. Over here in Australia we see goods 'made in China' left, right and centre. Everyday there's news of 'something China'.

I suppose when things start to emerge and sales revenue start to trickle in, then that's when the EDE share price will start moving.

Back in the Mid East when I was working there we were more exposed to things 'made in India'. I saw TATA buses, trucks, lorries etc. Indian metal, glass producers setting up shop there. Their economy is not as large as the Chinese but it is still immensely large.

Good for EDE which has an arm and leg in this economy waiting to take off. The number of projects they have just sitting on a mind boggling market share is exciting.

 

[KIWIKARLOS]

Re: EDE - Eden Energy

They have basically just got an agreement from India to use their patented tech for 20 % of all vehicles in the country! That is one Huuuuuuuge contract if an agreement is reached. Realistically to achieve that target India will have to help Eden develop the product.

 

[ta2693]

Re: EDE - Eden Energy

I seems EDE got a lot of the fancy ideas of solving energy problems. I have read the website,frankly speaking, I am not quite understand what they are doing. and not sure whether they can beat the oil and other fancy ideas in future.
But if one of its idea is proven to be standard alternative energy of oil, Its market cap is going be as large as Microsoft or Google. In addition,GS believe they have a chance and put 5m in it.

I put $1000 in it and give it a go. Let us see what is going to happen in 10 years.

 

[arminius]

Re: EDE - Eden Energy

what they are doing is simply mind-boggling.
the diff with oil technology, just quietly, is bugger all pollution incl smog.
have you seen the air in china, thick as. india will leap frog the world with regard to clean vehicles.
a million vehicles to be converted!!!!
im staying with em. 'here you are kids, have these shares, go buy a house or two'.

ede, dye, slx. changing the world for the better.

 

[julius]

Re: EDE - Eden Energy

I bought $10k at 40c last week - not that I have much of an understanding of the energy business, but the upside looks high and support from a number of the institutions (at much higher prices) IMO strengthens this outlook.

Hopefully the market will continue to rally into the last part of the year & more cash flow into the stock as the info spreads - otherwise perhaps a longer hold.

 

[powerkoala]

Re: EDE - Eden Energy

well, according to chart, resistance is at 64c that is the first rebound high after the market recover.
once this breaks, blue sky perhaps ?
good luck for all holders.

 

[powerkoala]

Re: EDE - Eden Energy

http://www.brr.com.au/event/ede/1997/33426/wmp/mqdqwph20

have a quick listening to the CEO interview.
quite nice projects and agreements they have in india.
sp also break the double top high at 55c now.
looking promising start from here.
cheers.

 

[moses]

Re: EDE - Eden Energy

I know its great to be wise after the event, but a look at the black and blue lines on this chart shows a sharp move in after-market buying pressure BEFORE the big jump in SP.

 

[arminius]

Re: EDE - Eden Energy

that looks to be a pretty good tool. let us know when the next one's coming eh. lol.

anyone know how their geothermal plays are progressing?

 

[BIG BWACULL]

Re: EDE - Eden Energy

that looks to be a pretty good tool. let us know when the next one's coming eh. lol.

anyone know how their geothermal plays are progressing?

No, But they had an announcement out today

South Wales (U.K.) Coal Bed Methane
Exploration Update

HIGHLIGHTS
• Second Coal Bed Methane well of South Wales (U.K.) farm-in project
drilling ahead at 200m.
• Drilling of first well completed at 429m.
• Encouraging preliminary gas content results (up to 9m3/t) with gas
content increasing with depth.
• Encouraging moderate to high permeability results (18mD and 44mD).
• Nett Coal intercepts of 15.8m in 12 seams, thickest seam 2.4m.
• Major potential customers and gas pipelines within licence area.
• High UK gas prices.

Fingers in all sorts of energy pies

 

[BIG BWACULL]

Re: EDE - Eden Energy

First HyRadix Hydrogen Reformer
to be installed in US Glass Industry
HyRadix to Install Aptus Hydrogen Generator in the Float Glass Industry

Des Plaines, IL, USA – HyRadix ® Inc., a leading provider of on-site hydrogen generation systems and
supply solutions announced today an agreement with Pilkington North America, part of the NSG Group of
Japan, to supply an Aptus ® hydrogen generation unit. The Aptus plant, producing 100 Nm3/h of high purity
hydrogen will be located at one of Pilkington’s U.S. sites
“We are pleased to have been selected by a leader in the float glass industry,” said David Cepla, President
of HyRadix. “The float glass industry has demanding product reliability requirements and this installation
says a lot about the maturity and reliability of the Aptus product. With the installation of the Aptus unit before
year-end we will have operating plants in each of our main targeted industries; float glass production, edible
oils hydrogenation, and metals annealing.”
“Our team sees an opportunity for an increasing role for on-site hydrogen generation not only in North
America, but also in float plants in other parts of the world, particularly sites in developing countries or
remote locations,” said David Robinson, manager of Pilkington North America’s, Laurinburg (NC) plant. “We
thoroughly reviewed the Aptus technology and feel it offers the performance we require. We’re anxious to
get it installed so we can begin to realize further process efficiencies.”
The HyRadix Aptus hydrogen generation system allows customers to have on-site control over their
hydrogen production with high reliability for uninterrupted manufacturing processes. The systems produce
high purity hydrogen between 50 Nm3/h (1850 scfh) and 100 Nm3/h (3900 scfh) from a feedstock of natural
gas or liquefied petroleum gas (LPG) and can be combined to generate up to 300 Nm3/h (11,700 scfh) very
economically compared to alternative means of delivered hydrogen.