Eden Energy - Alternative Energy play

[bear]

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
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]

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]

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]

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]

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]

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]

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]

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]

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!

[bear]

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]

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]

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]

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]

EDE - Quarterly Report (Interesting Alternative Energy Company)

http://www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=436388

[Crypto Crude]

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]

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

[AMR]

A brief glance at the chart you posted suggests it has already turned!

[Lego_Man]

Interesting company. I've got a small punt on them in place @6.6c.

[shasta]

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]

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]

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

[shasta]

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]

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]

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)

[soulman]

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]

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 ;)

[Crypto Crude]

Shasta,
great tip for the monthly competition...
:cool:
.^sc

[shasta]

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]

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]

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]

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]

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]

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]

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]

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]

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]

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]

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]

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]

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]

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]

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]

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]

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]

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]

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]

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

[drillfix]

Nice

I guess the news you have been waiting for KW.

Well done.

[Vtrader]

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.

[shasta]

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?

[Joshuatree]

Their concrete strengthening , carbon nano tubes etc is looking extremely int with positive trial on a U S freeway. A hell of a lot of bridges, roads , concrete structures due for renewal. Have taken a seed holding DYOR
2015 AGM Chairman's address to shareholders (http://hotcopper.com.au/threads/2635527/)

EdenCrete Project - US Update (http://hotcopper.com.au/threads/2644736/)

AGM Presentation (http://hotcopper.com.au/threads/2647204/)

OptiBlend Dual Fuel System Sales Update (http://hotcopper.com.au/threads/2635527/)

[Joshuatree]

Great article for the more tech minded.

https://www.iieng.org/siteadmin/upload/2493E0514556. (https://www.iieng.org/siteadmin/upload/2493E0514556.pdf)

Perth-based Eden Energy Limited (ASX: EDE) has passed a critical step in its bid to break into lucrative US infrastructure markets with its carbon-strengthened concrete additive, EdenCrete.

And Also this from The Australian WELL WORTH a Read

Following a favourable vote from the Georgia Department of Transportion [GDOT], EdenCrete will initially be “Allowed for Use” in GDOT’s ‘Class 24-Hour accelerated concrete mix’ by concrete suppliers to GDOT for road repairs, following further impressive results from field trials. Additionally approval was also given for a second field trial of EdenCrete in the Class A concrete mix used by GDOT in its road construction, and which is used for most of GDOT’s other concrete requirements.

“We have crossed a major hurdle in getting into the US infrastructure market,” Eden Energy,” Eden Energy Executive Chairman, Greg Solomon told The Australian Investor.

“First of all, we had to convince them to conduct a field trial and then we got results that exceeded their expectations. That has resulted in our product now being available for use in GDOT’s highway repair jobs, which accounts for something like 20% of the GDOT concrete usage, and for testing in relation to possible use in the balance of their concrete.

“GDOT engineers will now have to develop specifications for its use in the GDOT concrete specifications, a process that may take 3 months or more, after which GDOT engineers and designers would be able to include it in the concrete specifications for future repair projects.

“A recent Federal DOT Fact Sheet in July 2015 highlighted the grim state of US roads and bridges. As an example, 146,000, or 24%, of the 605,000 bridges in the US were identified as being either structurally deficient or functionally obsolete.

“The US Geological Survey identified the 48,000,000 tons of cement that was used on the US interstate highways in 2005 represented almost 40 per cent of all cement used in the USfor all purposes in 2005. By area, Georgia is the eleventh largest state in the US, and the largest state east of the Mississsippi. It is a really serious step forward to gain entry to this market,” he said.

Of further significance is the fact that on 20 November 2015 the US Surface Transportation Act became law with the support of both part political parties, securing funding of over US$360 billion for the Federal Department of Transportation for the next 6 years. Over the last 6 years over 30 separate Acts were required for this purpose

[Joshuatree]

Download Document (http://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTUMM4w u9pmWCpZlJ2%2Fk%3D) Formal approval for use of Edencrete in Georgia US of A.

Should find away of changing the thread title as most think this is a risky spekky junior energy stock still. Still can't be given out on a plate; all the fun is in sleuthing little Gems (hopefully) like this one. Proof will be in some decent orders coming in though; so too early to assume; costs and benefits have to stack up in the commercial world.

[Joshuatree]

Love that last paragrah

Eden intends to assist GDOT engineers and designers wherever possible to draft precise specifications to cover the use by GDOT of EdenCreteTM in in its Class 24-Hour accelerated concrete mix applications and also its Class B concrete application. The timing of this process is not certain but the department’s estimate is up to three to six months.
Georgia Infrastructure Market
In addition to thousands of miles of concrete roads and highways, Georgia has in excess of 15,000 concrete bridges (ranging from small to large), a recent audit of which indicated that over 4,000 were not suitable for repair and need to be replaced over the next 20 years, at an estimated annual cost in excess of $300 million per year.

If this process in Georgia results in a full approval by GDOT of the use of EdenCreteTM in concrete for all its infrastructure being obtained and specifications for its use being developed, it is considered likely to accelerate the process of obtaining similar approvals by the Departments of Transport in other US States, with Eden’s longer term objective being the opening up of the national US infrastructure market.

[Joshuatree]

Cap Raise coming and i will be all in.

[Joshuatree]

One for 10 cap raise @ 5.5c with a 1 option for every 2 shares thrown in the pot.raising up to $5,458,627.

[Joshuatree]

S/P jump today up 32% to 7c .Recco by Port phillip publishing( can this $50 mill small cap capture a $US 40 billion mkt?) and impending World Of Concrete Convention in Vegas. Synchronicity with the cap raise @ 5.5 c :)

[Joshuatree]

Participated in the cap raise. S/P bloody strong @ 7.1c ,after the raise in a barrel bomb mkt.
LONDON, Feb.8, 2016 /PRNewswire/ -- World demand to reach $24 billion in 2019

Global demand for cement and concrete additives is forecast to grow at a healthy pace, reaching $24.0 billionin 2019. These increases reflect continuing growth in construction activity across the globe that will, in turn, drive global usage of cement. Increasing additive usage rates in developing countries, as well as a broader shift to higher performing specialty additives, will further support advances in additive demand. The types of additives being utilized will be impacted by environmental concerns, with the choice between blended and portland cements influencing additive demand on a national and regional basis.

China to remain largest, fast growing market

Despite a more challenging economic environment, China will remain the largest and one of the fastest growing markets for cement and concrete additives. This growth will be driven by rising urbanization and the resulting investment in public infrastructure projects such as highways and bridges, as well as by rising additive treatment rates. However, China's role as the dominant driver of global cement and concrete additive demand will diminish, as the importance of markets in developing countries such as India and Turkeycontinues to grow. By 2024, India is forecast to be the fourth largest market for cement and concrete additives, behind Japan. Growth in demand in the other countries in the Asia/ Pacific region and the Africa/Mideast region will also benefit from increasing urban populations. Construction activity is expected to remain strong or accelerate in developed regions, such as North America and Western Europe, driving demand for additives for concrete in buildings.

Environmental concerns to favor mineral additives

The product mix of cement used within a country, which is increasingly being dictated by environmental concerns, especially in developed countries, can also strongly influence additive demand. High or increasing use of blended cements is a particularly important factor. The use of blended cements favors the use of chemical and fiber additives that increase blended cements' competitiveness with portland cement in the high performance applications where portland cement remains the product of choice. To remain competitive with blended cements, portland cement producers are replacing progressively larger portions of clinker with supplementary cementitous materials, which results in a "greener" and lower cost product. In countries where portland cement usage is high or increasing, this trend will support growth in mineral additive demand.

Chemicals to remain largest additive segment

Chemicals will continue to be the largest cement and concrete additive segment by value, with gains driven by increasing demand for high strength concrete in industrialized nations, and continued penetration of advanced chemical additives into the construction industries in developing countries. Growth in demand for fiber additives will outpace the other major additive types, as governments invest in large infrastructure projects such as roads and bridges that utilize fibers. Mineral additive demand will also post gains, driven by increasing utilization of supplementary cementitious materials as replacement for portland cement clinker

[Joshuatree]

New high 9.8c (high as 10 .5c) .Took their cap raise dilution @5.5c in its stride:t_up:EdenCrete - US Update (http://hotcopper.com.au/threads/2713033/)

[Joshuatree]

PDF (http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01727498) Important commercial order for a heavy wear and tear application replacing the upper 70% of the original cracked slab saving re 40 -45% cost being 50% thinner and NO steel mesh or rebar. BLOODY BRILLIANT:t_up:.

[Joshuatree]

Up re 18% today to 13c. 50 and 20 mill shares thru last two days big vol spike.

Heres some history courtesy of flamingdudeofdoom. Like it that Hythane is still a part of EDE.

People new to this stock seem to be unaware of the true vision of EDE, Eden energy was incorporated in 2004 by Tasman Resources after Greg Solomon attended a seminar in which Hythane (HCNG) was being discussed. Greg liked the idea so much TAS purchased it and branched EDE off, the developers of Hythane (Frank Lynch and Roger Marmaro) then moved to Eden running Hythane in Colorado.
HCNG (Hythane) a mixture of Methane and a small amount of Hydrogen is aimed primarily at large bus and truck fleets dramatically reducing CO2 and NOX emissions which is ideal in countries like India where although converting their millions of public buses to CNG in 1991 had the undesired effect of increasing NOX emissions (oxides of Nitrogen or photochemical smog) which claim 500,000 lives a year due to respiratory issues.
To produce the Hydrogen for the HCNG, EDE used to own Hyradix reformers which used high temperature steam to separate the H2 from Methane gas (CH4). This then caused the carbon to join with the O2 forming CO and CO2, both undesirable in the production of a low emission fuel, also the H2 was still also costly to make, making the HCNG a costly "premium" fuel. So although there are improvements in performance and reductions in overall emissions without issues like Hydrogen embrittlement, the cost and the emissions in the production was a stumbling block.
Eden began working with the University of Queensland to try and convert the Carbon into a "solid state" so it could be easier disposed of. BAM, hey presto their byproduct accidently formed into Carbon nanotubes (CNT) then only a short time later there was the realisation that CNT are worth coin and the H2 then became the byproduct. All good cause theoretically CNT have 1000,000 and 1 uses, however there were none around to sell tons of CNT to off set H2 production and make HCNG cheaper. Now comes the story of Edencrete500, Eden had to develop their own product that they could use tons of CNT, they tried rubber (replacing carbonblack with CNT), they are STILL working on plastics and the beloved cement. The Van Walls effect (clumping due to the CNT carrying a charge) always came back to bite, that then overcome by using a surfactant (the two methods that can be used a surfactants or sonic dispersal), the shelf life then took 12months to fix. Trial and error, GFC's and cr's now here we are.
Note at the end of this there is no mention of Hythane being gone, it is and always has been the main game, yes Edencrete500 is a game changer but it also serves to make HCNG affordable. There are plenty of companies working on making cars greener but few working on making dirty trucks and buses green and we're talking Euro IV standards as well as being CARB ( California air resources board) accredited, even OptiBlend are tuned to run HCNG and will then displace upto 80% of the diesel.

[Joshuatree]

Finished @17c its high for the day re 1.7 mill shares through. Sell off monday?Still holding all my shares at this point but will prob start the free carrying process if it keeps up like this..

[Joshuatree]

One for 10 cap raise @ 5.5c with a 1 option for every 2 shares thrown in the pot.raising up to $5,458,627.

My free options are worth 14c !

[Joshuatree]

Trading halt pending the release of an announcement regarding developments concerning Eden's Edencrete project to be lodged prior to trading thursday

[BWH]

Still no announcement. Thought they might have come out with it by now.

[penn]

Still no announcement. Thought they might have come out with it by now.

There it is:-




Eden Secures US$24.76m Incentives Package for Georgia Plant

[Joshuatree]

PDF (http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01731108) Yes what a great endorsement by Georgia .:t_up:. We've got the real deal here folks not just a Mr fixit additive.

[Joshuatree]

The FIRST phase has planned annual production capacity of 50 million gallons with room to build a further 9 phases.
Thats prob a billion $ turnover for the first phase!!

[thedrunkfish]

What a run, this stock is certainly in favour at the moment. Will add to holding if the opportunity presents itself but it's been fun watching it skyrocket so far.

[BWH]

Seems to have fallen out of favour this week.

[Joshuatree]

Mkt cap re $276 million run too far too fast? .One of the most discussed stocks; traders get on ; all sorts of games are played; folks take profits; free carry etc, instos manipulate. AJX a similar story but with some orders, mkt cap now back to re $182 mill s/p high as $1.13 currently 61.5c. EMC with just two contracts atp mkt cap re $98 mill s/p peaking @ 53c currently 48c.A similar basket of stocks. Good to have a strategy with these. Some sell the lot and wait for a base, i like to free carry if i believe in the company and management; selling a third or half another good strat.

[Joshuatree]

PDF (http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01735008) Investor presentation.

[Joshuatree]

Was thinking its not uncommon for cap raises following presentations. Have just read on another thread that EDE have until tomorrow to place the shortfall of 10.7 mill shares plus attaching options. If so its good to be doing it with the s/p that much higher.

[Joshuatree]

Yep T/H for cap raise today. I would of thought they would wait for "positive" 180 day compression and freeze/thaw results due soon.Will await the announcement.

[Joshuatree]

PDF (http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01742788) Successful A$10.35 mill cap raise. S/p heading down to the 23c cap raise price. The options have a low threshold ,31c with the expiry 19th May 2019 which is disappointing to this holder. A placement fee of 6% to maxim and options. To two Us Investment funds. Heres hoping a dump doesn't happen. seems a pretty low priced deal.Jeez

[DarkHorse]

Been toying with a small investment for a while - perhaps with some the 200% lift in EMC (thanks JT!). How do you rate the management?

[Joshuatree]

They sure know how to promote ,DH. Re 133 announcements 2015-16!! . Im usually suss about this sort frequency ramping; my bull dust sniffer goes on full alert.3 cap raises. Been on life support since 2012 until this year; haven't researched far back but know some longterm suffering holders have been on a ride to nowhere until this year.Pyrolysis ;producing Carbon nanotubes and hydrogen, Hythane and Optiblend were going to be the next big thing and are still in the mix.Dont know re management changes over this time.
Reminds me a little of AJX ,100's of announcements built up frenzy on the H/C threads followed by the inevitable fallback to more realistic levels with good orders now coming in so wouldn't surprise me if there is fallback at some stage(mkt cap re $300 million !!) but so far the enthusiasm is intact. awaiting the 180 day test results next. How they handle the USA mkt and Instos will be a reveal if the Additive keeps ticking boxes. A little surprised at the terms of placement.If its so good you'd think they would have had plenty of better offers without the 6% fees and free low threshold
hurdle oppies.But hey I'm pretty ignorant on such things.Quite a few other additive mixtures out there; but Edens seems to combine them all in to a best of brew.Question over who actually owns the licence/patents.

[DarkHorse]

Appreciate your thoughts thanks! If all goes to plan as per their presentations just for Georgia, in a few years NPAT will be several times current mcap - but who knows how realistic that is. Nice to see Governor of Georgia publicly backing them and providing free land and incentives.
Interesting to see Solomon's holding company Tasman, with 44% of EDE, has mcap only 64m - EDE 289m!

[Joshuatree]

Yes have been considering TAS.How they can pay out shareholders in a tax efficient way was one poss reason given for the pricing difference.

[Joshuatree]

Good to see a pullback/breather from 32.5c to 26c
180 day test results re 6th june.

[Joshuatree]

Well 180 day results all good but that didn't help the S/P which is still easing back to 22c today. Profit taking after a stellar run with the announcement being the"take profits channel marker signal" for multi baggers I'm guessing.

EdenCrete US Update - ASTM C494 S 180 Day Test Data-EDE.AX (http://hotcopper.com.au/threads/2784072/)

Successful A$10.35 Million Capital Raising-EDE.AX (http://hotcopper.com.au/threads/2776024/) To expand to 2-2.4 million gallons of admixture with an eventual goal of re 12 .5 million gallons. Selling @ $US25 gallon currently. Holding atp.

[heisenberg]

Yep, let the sellers sell while we patiently wait for the boom in sp... I bought in at 18c so would rather see where EDE can take me over the medium-long term.

They have a great product, now just need to market it well and increase their production capabilities.

[cammo]

Heisenberg, I'm interested to know how you apply your principle in the sharemarket. ;)

[Hectorplains]

So much crazy over this: http://hotcopper.com.au/threads/fundamentals.2786316/#post-17977690

It has a frenzy that is more associated with religious zealots than shareholders. Don't drink the Kool-aid...

[heisenberg]

Heisenberg, I'm interested to know how you apply your principle in the sharemarket. ;)

I wish I did too: sometimes I feel like every trade I make in the sharemarket is filled with uncertainty!

[Joshuatree]

Yes its a punishing game at times esp if that lil devil doubt appears on ones shoulders. Research and lots of reading; chart gazing for beginners(in my case) and most importantly a few great mentors to corroborate that the jamboree is just around the next corner:).

[Hectorplains]

I'm still not sure that recent news is AS overwhelmingly positive as some would demand that it is? It seems more like confirmation of current levels than a catalyst for the sp to kick on. It remains highly speculative...

I've been in, taken a good score and now out and watching...

[heisenberg]

I'm still not sure that recent news is AS overwhelmingly positive as some would demand that it is? It seems more like confirmation of current levels than a catalyst for the sp to kick on. It remains highly speculative...

I've been in, taken a good score and now out and watching...

I do find that some of the hotcopper folk view any and every upcoming announcement as though it's going to result in an instant 10x bagger... Whereas us kiwis seem to be a bit a more rational!

Don't get me wrong this company remains in the speculative part of my portfolio, but of the ones in there it appears to have the most promise

[Joshuatree]

TAS: GDOT Specifications Completed Enabling Use of EdenCrete (https://hotcopper.com.au/threads/3187259/)
Second Quarter Activities Report (https://hotcopper.com.au/threads/3190460/)
US$100,000 Order for EdenCrete for First GDOT Project (https://hotcopper.com.au/threads/3215291/)

Some good things happening since june; last three announcements above. I bought back in a starter parcel @ 29.5c.
But mkt cap is re $395 mill so not expecting anything stellar for awhile until contracts roll consistently in. A $100,000 order whilst a start is hardly going to pump the price up imo.

[cammo]

One state signs it off for use in Replacement of all it's old concrete infrastructure. We know the testing shows it can be used to replace reinforcing steel , in Plastics etc.

One state makes its first major purchase. Big thumbs up. The testing shows that it should roughly double the life of concrete laid.

This is on a fast bomb but to what market cap value ? If Georgia dot accepts it for use....It's only a waiting game before other states queue up.

It's really a disruptive tech in the building sector. Wait till engineers start finding uses for it in buildings, cellphones and boat hulls/aerospace.

Definitely going up. But to where ? Get on the bus

Disc. Hold.

[Joshuatree]

Im just not comfortable at promoting it at current mkt cap of re $400 million. Too much expectation built in in my current conservative mind think.

[cammo]

Yes given they need to make considerable sales to justify. It might retrace a little now

[cammo]

Looks like they are already ahead of us in their approvals applications. If there are some other states making good orders we may see a bit of a leap

[Joshuatree]

Lots happening at EDE. Each state has to review and do tests and give GDOT; its happening and mkt cap and s/p much more reasonable now @ 22.5c , $284 mill mkt cap DYOR

US$100,000 Order for EdenCrete for First GDOT Project (https://hotcopper.com.au/threads/3215291/)

EdenCrete - Final GDOT I-20 Field Trial Update (https://hotcopper.com.au/threads/3409635/)
First Order for Edencrete for Texas Bridge Beams (https://hotcopper.com.au/threads/3356181/)
EdenCrete - Final GDOT I-20 Field Trial Update (https://hotcopper.com.au/threads/3409635/)

Eden Applies for US Patent for EdenCrete (https://hotcopper.com.au/threads/3439374/)

EdenCrete - Approval by Mississippi DOT (https://hotcopper.com.au/threads/3444243/)
TAS: EdenCrete - Approval by Mississippi DOT (https://hotcopper.com.au/threads/3444288/)

[Joshuatree]

Up 25/6% today on this great news;:t_up: its official folks Georgia is using 2 gallons per cubic metre for road repairs. This is the first state ; how many others are there 51?.Whatever; confirmation that we have the real deal here. Risk nearly right off.Was wondering if one more cap raise needed though before sales really start flowing in.

EdenCrete in Concrete Road Repair Projects in Georgia (https://hotcopper.com.au/threads/3517407/)

[Joshuatree]

7 to 10% of global co2 comes from concrete according to this vid..EDE concrete lasts twice as long. I wasn't aware of this green aspect.
Meanwhile I'm deep red on this atp. Takeup is slow but each state (Georgia has for one)has to test and ratify EDE's product.
Nano Engineered Concrete Series - Carbon Nanotubes & Concrete (https://www.youtube.com/watch?v=0L9AH_FfK1E)

[cammo]

me too. keen to buy low but empty pockets at mo

[Elles]

Anybody still in? I'm looking at Tasman Resources (TAS) as they hold EDE but are somehow cheaper than the equivalent in EDE shares. Any thoughts?