View Full Version : Eden Energy - Alternative Energy play
Eden Energy has excellent prospects and has a variety of interests in alternative fuels based on hydrogen technologies, geothermal, natural gas and also products and processes associated with storage and conversions.
The major component im interested in is the hydrogen products and in particular Hythane which is being rolled out in India where the Indian govt is promoting cleaner energy sources. The blending of natural gas and hydrogen produces cost savings as well as lower emissions. This combination of cost savings and lower emissions were a particularly important result which secured the tender to supply within India.
116m ords
36m options Sept 2009 ex @ 20c
current makt cap around $A49m excl. opts
Cashflow burn rate is relatively high so additional shares may need to be issued before options and income increases to cover out-goings
The company also intends to divest its geothermal assets into a new company Terratherma and complete an IPO. It also intends to divest its UK and SA gas interests into a new AIM listed vehicle. Eden will retain significant holdings in both new vehicles but will focus its resources on the hydrogen component.
There seems to be a PR issue with management but have not seen anything to understand why this might be the case
Eden Energy has the following interests
Hydrogen technologies
Hydrogen technology & patents for the use and storage of hydrogen both as a liquid and a gas
HythaneŽ - transitional technology for converting gas engines to run on hydrogen; major pollution reducing benefits
Cryogenic storage systems
Fuel Tanks, Fuel Systems, pumps, conversion kits
SMESS - Superconducting Magnetic Electrical Storage System
Hydrogen production - on-site hydrogen generation systems and supply solutions for industrial and consumer manufacturing processes and for transportation refueling applications
South Wales Projects
Coal Bed Methane
Abandoned Mine Methane
Conventional petroleum
Natural Gas
Arthur Hill Anticline - Mulgaria Sub-basin; Adelaide Geosyncline, South Australia
Geothermal Energy - deep heat mining for clean continuous power
Witchelina Project, located between Leigh Creek and Roxby Downs, South Australia
Renmark Project, South Australia
Moomba North Project, South Australia
Bollards Lagoon Project, South Australia
Mungeranie Project, South Australia
Hydrogen from Natural Gas Pyrolysis
Development of a cost-effective, low-temperature, CO2-free hydrogen production system
Promotional video on you tube
http://www.youtube.com/watch?v=9yqEHTiYxJo
latest board room radio on Hythane roll out in India
http://www.brr.com.au/event/46377
Broker coverage - london broker
http://www.edenenergy.com.au/pdfs/Eden%20Energy%20%20LBC%20Report%2020080220.pdf
lastest quarterly report including update
http://www.edenenergy.com.au/pdfs/ASX_EDE_qtly_activity_and%20_cashflow_report%20200 803.pdf
Looking to add to position
bear
shasta
31-05-2008, 11:07 PM
Eden Energy has excellent prospects and has a variety of interests in alternative fuels based on hydrogen technologies, geothermal, natural gas and also products and processes associated with storage and conversions.
The major component im interested in is the hydrogen products and in particular Hythane which is being rolled out in India where the Indian govt is promoting cleaner energy sources. The blending of natural gas and hydrogen produces cost savings as well as lower emissions. This combination of cost savings and lower emissions were a particularly important result which secured the tender to supply within India.
116m ords
36m options Sept 2009 ex @ 20c
current makt cap around $A49m excl. opts
Cashflow burn rate is relatively high so additional shares may need to be issued before options and income increases to cover out-goings
The company also intends to divest its geothermal assets into a new company Terratherma and complete an IPO. It also intends to divest its UK and SA gas interests into a new AIM listed vehicle. Eden will retain significant holdings in both new vehicles but will focus its resources on the hydrogen component.
There seems to be a PR issue with management but have not seen anything to understand why this might be the case
Eden Energy has the following interests
Hydrogen technologies
Hydrogen technology & patents for the use and storage of hydrogen both as a liquid and a gas
Hythane® - transitional technology for converting gas engines to run on hydrogen; major pollution reducing benefits
Cryogenic storage systems
Fuel Tanks, Fuel Systems, pumps, conversion kits
SMESS - Superconducting Magnetic Electrical Storage System
Hydrogen production - on-site hydrogen generation systems and supply solutions for industrial and consumer manufacturing processes and for transportation refueling applications
South Wales Projects
Coal Bed Methane
Abandoned Mine Methane
Conventional petroleum
Natural Gas
Arthur Hill Anticline - Mulgaria Sub-basin; Adelaide Geosyncline, South Australia
Geothermal Energy - deep heat mining for clean continuous power
Witchelina Project, located between Leigh Creek and Roxby Downs, South Australia
Renmark Project, South Australia
Moomba North Project, South Australia
Bollards Lagoon Project, South Australia
Mungeranie Project, South Australia
Hydrogen from Natural Gas Pyrolysis
Development of a cost-effective, low-temperature, CO2-free hydrogen production system
Promotional video on you tube
http://www.youtube.com/watch?v=9yqEHTiYxJo
latest board room radio on Hythane roll out in India
http://www.brr.com.au/event/46377
Broker coverage - london broker
http://www.edenenergy.com.au/pdfs/Eden%20Energy%20%20LBC%20Report%2020080220.pdf (http://www.edenenergy.com.au/pdfs/Eden%20Energy%20%20LBC%20Report%2020080220.pdf)
lastest quarterly report including update
http://www.edenenergy.com.au/pdfs/ASX_EDE_qtly_activity_and%20_cashflow_report%20200 803.pdf
Looking to add to position
bear
Bear
It's almost scary, the way we seem to be looking at the same companies!
I've held off posting on EDE as i havent bought in yet...
I do like it's potential, but Management are selfish & greedy & seem to be in it for themselves.
There Hythane project in India seems to be the jewel in the crown.
What else are you currently holding by the way?
Oh, & for those wanting a cheap entry into EDE, check out TAS...
Will start a thread on TAS soon ;)
Whilst the Alternative Energy cat is out of the bag, have a look at CNM...
(I'll start a thread for this soon too)
Dr_Who
01-06-2008, 09:01 AM
Just be very careful about hydrogen tech in general. I have not done any work into this company so I cant comment in detail.
Hydrogen is still not a viable alternative energy source. It is still about 50 years away before it can be economical to use. Hydrogen research burns throu capital like fire. It cost more to develop the gas into hydrogen than to use the gas itself.
I have friends who do research in this field.
The Big Ease
01-06-2008, 09:42 AM
nice one again bear.
theyve got a good story to tell, especially the hydrogen businesses (hythane generators look a beauty and the hydrogen station construction could turn out to be a nice earner).
they do seem to have fingers in many pies, which adds significant risk IMO.
especially in light of the high cash burn rates, with enough to cover the next quarter.
im curious as to how you spend ~11million on administration in 9 months! thats 110 people earning more than 100K!
id want to see them closer to generating revenue. at the moment, it seems as though they are forming lots of relationships and demonstrating tech to potential customers to get traction in the market; so possibly 12 months away from getting money in the door.
will be watching this one closely to see how well they go about their housekeeping and spin-offs. too early for mine.
Financially dependant
01-06-2008, 10:30 AM
Just be very careful about hydrogen tech in general. I have not done any work into this company so I cant comment in detail.
Hydrogen is still not a viable alternative energy source. It is still about 50 years away before it can be economical to use. Hydrogen research burns throu capital like fire. It cost more to develop the gas into hydrogen than to use the gas itself.
I have friends who do research in this field.
I totally agree, this company relies on cheap natural gas as a feed stock. Peak gas will follow peak oil!
A hydrogen economy will not take off because it conflicts with the laws of physics.
shasta
21-07-2008, 06:12 PM
I totally agree, this company relies on cheap natural gas as a feed stock. Peak gas will follow peak oil!
A hydrogen economy will not take off because it conflicts with the laws of physics.
This ann should attract more attention for EDE :confused:
The Indian Hythane project looks even more promising now...
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=414379
shasta
28-08-2008, 06:17 PM
This ann should attract more attention for EDE :confused:
The Indian Hythane project looks even more promising now...
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=414379
EDE - Hydrogen Road Tour
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=418948
For those Alternative Energy fans, EDE has a diverse range of projects, including:
- Hydrogen/Hythane
- Geothermal
- CSG
- Natural Gas
A company well worth keeping an eye on ;)
shasta
22-09-2008, 05:44 PM
EDE - Hydrogen Road Tour
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=418948
For those Alternative Energy fans, EDE has a diverse range of projects, including:
- Hydrogen/Hythane
- Geothermal
- CSG
- Natural Gas
A company well worth keeping an eye on ;)
EDE ann - EDE receives funding towards Hydrogen/Hythane project...
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=421672
This could be huge if it takes off in India (could China be next?)
shasta
23-09-2008, 12:09 PM
EDE ann - EDE receives funding towards Hydrogen/Hythane project...
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=421672
This could be huge if it takes off in India (could China be next?)
EDE - Trading Halt, pending issue of convertible notes...
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=421753
If EDE raise funds to fast track the Hythane project, this is big!
EDE - Trading Halt, pending issue of convertible notes...
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=421753
If EDE raise funds to fast track the Hythane project, this is big!
Not good result :(...will be tough in this environment to raise the $5m apart from Zoom not providing the funding io wonder what persuaded them to do it ... what are the other options that zoom refer to .....:eek:
Don't currently hold ... sold a while back but wouldn't touch again until funding secure and more runs on the board ..... could remain suspended for a while.
Bear
shasta
24-09-2008, 05:03 PM
Not good result :(...will be tough in this environment to raise the $5m apart from Zoom not providing the funding io wonder what persuaded them to do it ... what are the other options that zoom refer to .....:eek:
Don't currently hold ... sold a while back but wouldn't touch again until funding secure and more runs on the board ..... could remain suspended for a while.
Bear
Bad news alright, i havent bought in yet, as i feel its a bit early to get in on the hydrogen/hythane projects, will keep an eye on...
Here's the full ann...
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=421927
shasta
14-11-2008, 08:42 PM
Bad news alright, i havent bought in yet, as i feel its a bit early to get in on the hydrogen/hythane projects, will keep an eye on...
Here's the full ann...
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=421927
EDE - Ann re convertible notes to FIS
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=429536
This is a bit incestuous, as TAS own a big chunk of both EDE & FIS
Why would FIS, a Uranium explorer want to provide funds to EDE?
It seems the TAS managment have the snouts in both troughs...
It's the very thing that has put me off buying into TAS :rolleyes:
shasta
07-01-2009, 06:15 PM
EDE - Cash boost, from partial asset sales
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=434530
An alternative energy company worth keeping tabs on...
shasta
30-01-2009, 06:16 PM
EDE - Quarterly Report (Interesting Alternative Energy Company)
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=436388
Shrewd Crude
30-03-2009, 11:43 PM
well shasta,
EDE is back From the brink oF destruction...
up 100% in two days...
last traded at 7.7c... down From 20c in August...
its a good thing you were only keeping an eye on it...
:cool:
.^sc
shasta
21-05-2009, 08:34 PM
well shasta,
EDE is back From the brink oF destruction...
up 100% in two days...
last traded at 7.7c... down From 20c in August...
its a good thing you were only keeping an eye on it...
:cool:
.^sc
EDE - March Quarterly
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=444013
Just keeping an eye on the watchlist & enough activity due this quarter to regain my interest...
EDE sold off some non core projects to raise funds :rolleyes:
Is the chart about to turn? (current SP 6.9c)
http://hfgapps.hubb.com/asxtools/imageChart.axd?s=EDE&pi=Stock&ct=3&tf=D6&ovs=XJO&si=Index&tima1=20&tima2=20&bi=9&bima=0&comt=index&ds=EDE&dovs=XJO&val=1&stmp=20090521193144791
A brief glance at the chart you posted suggests it has already turned!
Lego_Man
22-05-2009, 10:10 AM
Interesting company. I've got a small punt on them in place @6.6c.
shasta
22-05-2009, 11:23 PM
Interesting company. I've got a small punt on them in place @6.6c.
Got a few today, but may take a day or two to get the order filled :rolleyes:
shasta
01-06-2009, 03:02 PM
Got a few today, but may take a day or two to get the order filled :rolleyes:
Well im not fighting the chart & got tipped out today...:(
Will keep an eye on EDE for the turnaround.
shasta
28-07-2009, 12:03 PM
Well im not fighting the chart & got tipped out today...:(
Will keep an eye on EDE for the turnaround.
EDE - More good news on the US Hythane project
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=454225
Currently up 0.2c to 5.6c
absolut-advance
28-07-2009, 12:11 PM
EDE - More good news on the US Hythane project
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=454225
Currently up 0.2c to 5.6c
Well I got in today Shasta.
AA
shasta
28-07-2009, 12:16 PM
Well I got in today Shasta.
AA
When i sold out (at a loss), this was one of the anns i was expecting...
It's the Indian Hythane ann that would set this puppy on fire :D
Haven't got any spare funds to trade with at present :(
Lego_Man
28-07-2009, 12:56 PM
I've got a miniscule -"stick in the drawer and hope it becomes a 10-bagger" holding. Might look to accumulate more if these good signs keep coming.
shasta
28-07-2009, 01:28 PM
I've got a miniscule -"stick in the drawer and hope it becomes a 10-bagger" holding. Might look to accumulate more if these good signs keep coming.
Interesting that EDE's biggest shareholder TAS, hasn't moved at all :confused:
A cheap entry into both EDE & FIS (U308 explorer)
absolut-advance
28-07-2009, 04:03 PM
Well I got in today Shasta.
AA
...and sold for a 33% profit, not bad for less than a days work.
Gotta love a quicky now and again.
Hope it keeps on running for those holding
AA
soulman
30-07-2009, 01:03 PM
Nice quickie AA. On to the next one for you.
I didn't have any time for the market yesterday and set the sell price a bit too high (near the 10 cents mark. I thought it might do the Mar 31st action again but if I looked at the volume yesterday, I would have exited.
I bought for a punt and got lucky. Small punt.
shasta
15-09-2009, 02:23 PM
Nice quickie AA. On to the next one for you.
I didn't have any time for the market yesterday and set the sell price a bit too high (near the 10 cents mark. I thought it might do the Mar 31st action again but if I looked at the volume yesterday, I would have exited.
I bought for a punt and got lucky. Small punt.
EDE - Eden Secures Maiden Indian Sales of Optiblend System
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=460156
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=460157
For those wondering why i selected EDE in Shrewd's comp, this is the ann i was expecting this month ;)
Shrewd Crude
15-09-2009, 02:44 PM
Shasta,
great tip for the monthly competition...
:cool:
.^sc
shasta
15-09-2009, 02:46 PM
Shasta,
great tip for the monthly competition...
:cool:
.^sc
Unless something is in a very sharp uptrend, in a monthly comp you need an important ann/drilling result to win ;)
The options EDEO are up 200% on very small volume
...and no i haven't bought any!
shasta
15-09-2009, 05:20 PM
Unless something is in a very sharp uptrend, in a monthly comp you need an important ann/drilling result to win ;)
The options EDEO are up 200% on very small volume
...and no i haven't bought any!
Traders were all over this today, started at 6c hit 9.2c during the day & ended 7.1c :rolleyes:
VWAP ended up a healthy 7.94c on over 6m turnover
shasta
28-09-2009, 01:01 PM
Traders were all over this today, started at 6c hit 9.2c during the day & ended 7.1c :rolleyes:
VWAP ended up a healthy 7.94c on over 6m turnover
EDE - Origin to Farm in to Eden's Cooper Basin Geothermal Licence
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=461541
Great deal for EDE, & it seems the big boys are getting interested in Geothermal energy.
This really is a non core asset, so i see EDE's management have unlocked some value in this transaction.
shasta
15-01-2010, 02:52 PM
EDE - Origin to Farm in to Eden's Cooper Basin Geothermal Licence
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=461541
Great deal for EDE, & it seems the big boys are getting interested in Geothermal energy.
This really is a non core asset, so i see EDE's management have unlocked some value in this transaction.
EDE - 2nd Quarter Activities Report
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=476829
Still quietly ticking away on there multiple projects ;)
This hythane technology could be huge if it ever gains traction in India
shasta
05-02-2010, 10:56 AM
EDE - 2nd Quarter Activities Report
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=476829
Still quietly ticking away on there multiple projects ;)
This hythane technology could be huge if it ever gains traction in India
Great news for Eden!
This puppy should fly today ;)
EDE - Progress in India
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=479570
Press Release
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=479571
drillfix
05-02-2010, 11:20 AM
Great news for Eden!
This puppy should fly today ;)
EDE - Progress in India
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=479570
Press Release
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=479571
Yes Shasta, good news and what a spike.
I think that person who bought at 20c maybe got too excited and forgot what type of day we are dealing with there though :rolleyes: :eek:
Lego_Man
05-02-2010, 12:13 PM
Thanks EDE for saving my portfolio today.
I returned the favour by selling you.
Cash is king right now, how much lower are we going?
COLJAY
05-02-2010, 04:22 PM
This could turn out to be VERY bighttp://www.theaustralian.com.au/business/opinion/eden-energy-soars-on-deal-with-indian-oil/story-fn4xq4cj-1225827056149
drillfix
05-02-2010, 04:36 PM
Thanks EDE for saving my portfolio today.
I returned the favour by selling you.
Cash is king right now, how much lower are we going?
LOL legoman, cant help but to laugh at the commentary.
shasta
24-02-2010, 03:35 PM
LOL legoman, cant help but to laugh at the commentary.
EDE - Agreement signed for Demonstration Project in India
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=481498
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=481500
Eden's trial Hythane project seem to be getting more interest by large Indian companies.
This could be huge for Eden Energy if it ever gets to commercial scale
shasta
23-03-2010, 03:05 PM
EDE - Agreement signed for Demonstration Project in India
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=481498
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=481500
Eden's trial Hythane project seem to be getting more interest by large Indian companies.
This could be huge for Eden Energy if it ever gets to commercial scale
EDE - Presentation from the Cleantech Forum (Melbourne)
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=484956
Page 2 shows all the different projects they are involved with:
Includes: CSG, Shale Gas, Pyrolysis & Gas to Liquids, Natural Gas & Geothermal + there very promising Hythane projects in the US & India.
shasta
28-04-2010, 07:20 PM
EDE - Presentation from the Cleantech Forum (Melbourne)
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=484956
Page 2 shows all the different projects they are involved with:
Includes: CSG, Shale Gas, Pyrolysis & Gas to Liquids, Natural Gas & Geothermal + there very promising Hythane projects in the US & India.
EDE - Quarterly Activity Report
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=488806
A good read on the progress of there Hythane energy projects in India & the USA.
They also have all the "trendy" gas options, CSG, Shale Gas, Gas to Liquids etc & may well spin these assets off down the track.
Disc: Nil Held
shasta
28-05-2010, 01:20 PM
EDE - Quarterly Activity Report
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=488806
A good read on the progress of there Hythane energy projects in India & the USA.
They also have all the "trendy" gas options, CSG, Shale Gas, Gas to Liquids etc & may well spin these assets off down the track.
Disc: Nil Held
EDE - Update
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=492656
More positive news on the Hythane front!
shasta
10-06-2010, 10:27 PM
EDE - Update
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=492656
More positive news on the Hythane front!
Now we know why the share price weakness the last few days
EDE - Delay in proposed JV with Indian Oil company
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=493966
Well not a total disappointment, but another quarter delay
shasta
14-07-2010, 08:30 PM
Now we know why the share price weakness the last few days
EDE - Delay in proposed JV with Indian Oil company
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=493966
Well not a total disappointment, but another quarter delay
EDE up 1.5c to 7.3c (+25.86%) on 730k volume , ok not huge but above normal
Something in the wind tomorrow?
shasta
31-07-2010, 08:42 PM
EDE up 1.5c to 7.3c (+25.86%) on 730k volume , ok not huge but above normal
Something in the wind tomorrow?
EDE - June Quarterly Activities & Cashflow Report
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=499690
Another great sunday read, with there Hythane technology being trialled in India & the US, plus they have other energy assets
Could be a chance to pick up some cheap shares soon especially with a long term view, as they will need a cash raising this quarter
Cash on hand @ 30/6/10 = $1.04m
shasta
26-08-2010, 02:20 PM
EDE - June Quarterly Activities & Cashflow Report
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=499690
Another great sunday read, with there Hythane technology being trialled in India & the US, plus they have other energy assets
Could be a chance to pick up some cheap shares soon especially with a long term view, as they will need a cash raising this quarter
Cash on hand @ 30/6/10 = $1.04m
EDE - Pyrolysis/Gas to Liquids Project Acquistion
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=502814
Seems a good deal to me, EDE taking over the 50% joint venture partner "University of Queensland" interest, for just 3.75m EDE shares escrowed for 24 months. Especially as the EDE share price has been weak of late
EDE can now develope this further & perhaps bring in a partner that wants to commercialise the concept.
shasta
15-09-2010, 12:29 PM
EDE - Pyrolysis/Gas to Liquids Project Acquistion
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=502814
Seems a good deal to me, EDE taking over the 50% joint venture partner "University of Queensland" interest, for just 3.75m EDE shares escrowed for 24 months. Especially as the EDE share price has been weak of late
EDE can now develope this further & perhaps bring in a partner that wants to commercialise the concept.
EDE - Eden appointed by Woodward as a RER in India
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=505361
With India being such a large untapped market, EDE has the first mover advantage & if it's Hythane projects ever gain India wide scale (& they are in the US as well) EDE could well be a mega multi-bagger from these levels.
If economic conditions improve they may well spin out there geothermal, natural gas & CSG projects (in Australia & the UK) to unlock some value.
EDE could then retain a small stake up to 20% or take up a royalty agreement
shasta
17-09-2010, 10:19 PM
EDE - Eden appointed by Woodward as a RER in India
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=505361
With India being such a large untapped market, EDE has the first mover advantage & if it's Hythane projects ever gain India wide scale (& they are in the US as well) EDE could well be a mega multi-bagger from these levels.
If economic conditions improve they may well spin out there geothermal, natural gas & CSG projects (in Australia & the UK) to unlock some value.
EDE could then retain a small stake up to 20% or take up a royalty agreement
EDE - Eden signs collaboration agreement with ARAI
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=505706
Further progress on EDE's Hythane technology in India
EDE finished up 0.8c to 5.9c
shasta
27-01-2011, 09:42 PM
EDE - Eden signs collaboration agreement with ARAI
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=505706
Further progress on EDE's Hythane technology in India
EDE finished up 0.8c to 5.9c
Been a while since any posts on EDE
SP now 11c, Market Cap @ 11c = $23.5m
New presentation, giving a good run down of there projects
http://stocknessmonster.com/news-item?S=EDE&E=ASX&N=525945
NB, from there energy projects a 50% owned CBM/CSG/Shale Gas project in Wales is to be IPO'd
EDE is still all about the Hythane, carbon & Hydrogen products, especially the trials in India
Disc: l held
Hey Shasta, you are no longer talking to yourself :-) This company looks promising with sales now occurring. 2011 should be a good year for EDE - what with the price of oil going up :-) I'm impressed that they say they have a 12 month payback on capital and installation costs of the kit - which should help sales in the short term, and give some (upwards) price discretion in the future once sales momentum is underway.
YES! < does little jig around room >
drillfix
09-03-2011, 01:28 PM
Nice
I guess the news you have been waiting for KW.
Well done.
Don't really know too much about its nanotube technology, so wasnt expecting anything exciting today. I just like the alternative energy play, with real products, with a real payback, a pipeline of customers, and good macroeconomic reasons to purchase said products. This is just a really big bonus :-)
After having sold out earlier, I'm back in today. With sales of their nano tubes beginning, they now have a second revenue stream. Still very excited about this company's long term growth potential.
Vtrader
11-04-2011, 06:51 PM
After having sold out earlier, I'm back in today. With sales of their nano tubes beginning, they now have a second revenue stream. Still very excited about this company's long term growth potential.
I guess you got in before lunch...
I fell in on Friday, and was prepared to languish a while.
Trading Halt, anyone aware of the pending news? I assume it is good news on its way to the market...
V.
I noticed the volume increase so thought it a good time to get back in before the share price took off again. Hopefully good news - perhaps announcement of the UK JV partner and plans for spin out of gas assets?
Movement on the UK gas front today, and a nice pick up in price. I took up my rights issue and free options, but it was quite undersubscribed. I guess those that didnt take it up will be kicking themselves. There are now options on this share as well (EDEO) with an exercise price of 20c.
shasta
12-09-2011, 07:17 PM
EDE - Eden appointed by Woodward as a RER in India
http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=505361
With India being such a large untapped market, EDE has the first mover advantage & if it's Hythane projects ever gain India wide scale (& they are in the US as well) EDE could well be a mega multi-bagger from these levels.
If economic conditions improve they may well spin out there geothermal, natural gas & CSG projects (in Australia & the UK) to unlock some value.
EDE could then retain a small stake up to 20% or take up a royalty agreement
EDE - Eden Energy to Spinout New ASX Listing for UK Gas Project
http://stocknessmonster.com/news-item?S=EDE&E=ASX&N=556734
HIGHLIGHTS
• Eden Energy Ltd (“Eden”) plans to spinout its’ wholly owned UK coal seam methane/shale
gas subsidiary, Eden Energy (UK) Ltd into a new proposed ASX listing to be called Adamo
Energy Ltd (Adamo).
• Independently reported Shale Gas Unrisked Prospective Mean Resources GIIP for part of
the licence area, of which Eden holds 50%, stand at 49.8 TCF.
• This spinout will be undertaken as soon as it is deemed that the market conditions are
suitable.
Took a while to happen but was always going to, any unconventional gas fans of UK permits?
The only problem as I see it is that the UK could ban coal seam gas mining - France already has. It is very controversial due to water table damage, so I'm not holding my breath as to the value of this.
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