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Edenville Energy

  • BY: Andrew Hore |
  • POSTED: 10/01/2018 |

Coal project developer Edenville Energy is on course to generate monthly revenues of $300,000 a month if it can secure the contracts.

Edenville is supplying coal to customers in east Africa and the amounts have risen to several thousand tonnes.

Contracts are being discussed with a customer that wants 5,000 tonnes of coal each month, with a further two wanting 3,000 tonnes each a month.

Two production shifts are being put in place and the coal produced has high calorific values.

The share price is at a near-12 month low of 0.49p. 

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