EDE - Eden Innovations

[daaussie]

Eden energy seems exciting. I have seen other energy related stocks (green) rocket after listing well above the issue price.
One recent example is MBT ($1) it was $1.80 2 days after listing on the ASX.
Unfortunately I missed out on this one.
I have therefore made sure I don't miss out on the next one - EDE (Eden) and have some shares now

It will close about 26th May 2006 (unless all shares are bought before this date)

any thoughts out there on how this company will go??

 

[daaussie]

Re: Energy

Does anyone have an opinion on how Eden will go (EDE) when it lists on the stock exchange in week 1 or 2 of june? It seems to be have been quite popular and closed earlier due to over subscription and interests.

any opinions from the experts of when you should pull out??

www.edenenergy.com.au

 

[Smurf1976]

Re: Energy

The company seems to be involved in a lot of different activities judging by their web site. CSM, natual gas, various hydrogen technologies and so on. Perhaps even some conventional oil and gas production, geothermal energy and so on.

It's hard to judge the $ aspects without knowing more about where exactly they are at with these right now. A lot of nice ideas and potential but are they actually delivering?

Geothermal energy is only valuable if used to produce electricity. That means a LOT of $ to get a decent sized power station up and running though there is certainly a market for such projects in SA - existing transmission and the economics of existing power stations (SA power plants have, with two exceptions, relatively high marginal costs) to absorbe a reasonable size new source of baseload generation. But on a really big (1000 MW) scale transmission to export the power to Victoria (or NSW if a line were built) becomes an issue.

Hydrogen technology is ultimately worth $ only if applied successfully to some product that is then produced and sold or selling the technology itself. And there is a lot of serious competition in this area.

 

[daaussie]

Re: EDE - Eden Energy

Hi, thanks for your reply smurf. How about the others there in the stock market -

Before investing in EDEN (EDE) which incidently will list on 6th June, I went to the trouble of conducting research on them and have posted them below:

In my opinion they will be a hit....

We all know what is happening with the diminishing supplies of oil and ever-increasing costs of oil, so its companys like these that light up investors eyes... In particular it has licences to explore several key sites within South Australia that may result in geothermal energy production. In addition, they are exploring alternative energy hydrogen and have already been granted support money of $1 million from the Chinese government. They also have projects for coalbed methane and natural gas.
Unlike most listing companies, their commercialisation plpan will result in early incoming sales and revenue.

Some links discussing EDEN:
·http://www.energyreview.net/storyview.asp?storyid=56086&sectionsource=s74
·http://www.smh.com.au/news/Business...s/2005/04/01/1112302227021.html?oneclick=true
·http://www.pir.sa.gov.au/dhtml/ss/section.php?sectID=2411
·http://www.abc.net.au/news/newsitems/200605/s1629606.htm

The corporate strategy of Eden is to become a major global participant in the alternate energy market and for this purpose the Company proposes to raise sufficient capital to enable it to progress each of these investment areas (and any other emerging opportunities) for the next two years.
Eden Energy is an environmentally sustainable Australian based company whose objective is to develop a broad range of major alternative energy projects with significant national and international dimensions.
The company’s flagship project Brehon Energy PLC employs many of the world’s leading (ex NASA) experts in Hydrogen use, storage and safety. Balance of Company’s energy projects aim to produce natural gas or clean energy that could be converted to Hydrogen.

 

[daaussie]

Re: EDE - Eden Energy

Well Eden (edo) went down from its ipo issue price of 20 cents to 9 cents, which I am very surprised in given its huge potential.
but today they had a very positive US based announcement which sent it up from 9 to 12 cents.

An Australian company has won the backing of the giant United States Department of Energy(”DOE”) for a long-term test in that country of two hydrogen fuel types for automotive combustion engines.

• The US’s first long-term test of engines fuelled by hydrogen and a hydrogennatural gas mixture called Hythane ®, had been awarded to wholly owned Eden Energy subsidiary, Colorado-based Hythane Co, subject to the Company completing an audit and contract negotiations with DOE.
• The test program to deliver an ultra-clean hydrogen fuel would be supported
by a US Energy Department grant of US$2.1 million.

‘This is the first breakthrough into the massive American automotive market we have been working towards,” Eden Energy’s Executive Chairman, Mr Greg Solomon, said today.

YAHOO!
you heard it here from me, but i think 50cent stock in next 6 months.

 

[daaussie]

Re: EDE - Eden Energy

PS here is the rest of the first page of the released announcement:

“It is a two year project that for the first time, will establish a ‘no compromises’ comparison of Hythane ® and pure hydrogen based internal combustion engines for the automotive sector,” Mr Solomon said.
“With increasing acceptance that hydrogen will be the basis of automotive fuels future compared to other derivatives currently under study, the backing of the DOE catapults Eden and Hythane Co into a lead position in this emerging but potentially huge market opportunity.”
Eden Energy – which is 27% owned by Perth-based listed minerals explorer,
Resources NL - has fostered the development of Hythane ®, as the Company’s
extensive field tests to date has shown it

• Cuts engine emissions of NOx and CO by 50% compared with natural
• Has major carbon credit potential
• Is immediately available because of existing low cost natural gas infrastructure in the key markets of the US, China and India, and
• Can use in its mix, low purity hydrogen as well as CNG and LNG.

 

[daaussie]

Announcement: 26 Sep 2006 (brief)

AUSTRALIAN COMPANY IN U.S. ENERGY DEPARTMENT BREAKTHROUGH FOR HISTORIC HYDROGEN FUEL TEST An Australian company has won the backing of the giant United States Department of Energy(”DOE”) for a long-term test in that country of two hydrogen fuel types for automotive combustion engines. ASX-listed Eden Energy Limited (ASX code: “EDE”) announced today that: • The US’s first long-term test of engines fuelled by hydrogen and a hydrogennatural gas mixture called Hythane ®, had been awarded to wholly owned Eden Energy subsidiary, Colorado-based Hythane Co, subject to the Company completing an audit and contract negotiations with DOE. • The test program to deliver an ultra-clean hydrogen fuel would be supported by a US Energy Department grant of US$2.1 million. ‘This is the first breakthrough into the massive American automotive market we have been working towards,” Eden Energy’s Executive Chairman, Mr Greg Solomon, said today. “It is a two year project that for the first time, will establish a ‘no compromises’ comparison of Hythane ® and pure hydrogen based internal combustion engines (ICE) for the automotive sector,” Mr Solomon said. “With increasing acceptance that hydrogen will be the basis of automotive fuels of the future compared to other derivatives currently under study, the backing of the US DOE catapults Eden and Hythane Co into a lead position in this emerging but potentially huge market opportunity.” Eden Energy – which is 27% owned by Perth-based listed minerals explorer, Tasman Resources NL - has fostered the development of Hythane ®, as the Company’s extensive field tests to date has shown it • Cuts engine emissions of NOx and CO by 50% compared with natural gas • Has major carbon credit potential • Is immediately available because of existing low cost natural gas infrastructure in the key markets of the US, China and India, and • Can use in its mix, low purity hydrogen as well as CNG and LNG.

 

[daaussie]

Re: EDE - Eden Energy

well looks like (at least on this forum) I am the only one interested in the future of green energy which has the backing of the US and chinese governments.
True to my word, EDE has risen from 10 cents to 16 cents in just a few weeks. A company on 17Oct bought 17% of the EDE and also today I see it might reach 17cents.
For all of those who didnt taken my recommendation - told u so.

It's IPO was 20 cents, so the price is still at a premium to what a lot of IPO holders have it at.

 

[daaussie]

Re: EDE - Eden Energy

ok so its close to the end of the day, and my prediction of 17 cents was short, instead its 19 cents, with only 3 people wanting to sell 100,000 shares through to 21 cents!

what is going on here!
good for me!

 

[daaussie]

Re: EDE - Eden Energy

FYI: EDE hit 20 cents previously, and after a slight profit take which stabilized at 18 cents, it is now on the rise again and went to 19.5 cents yesterday.

 

[daaussie]

Re: EDE - Eden Energy

Great Announcement for EDE:

Hythane Voted “Most Promising” Clean Technology Start-up
Hythane Stands Out Among 75 Emerging Companies Recognized at
Prestigious Energy Venture Fair
DENVER – Thursday, November 23, 2006 – Hythane Company led the pack of
emerging energy start-up companies by claiming the coveted “Most Promising” award at the 7th Annual Energy Venture Fair on November 9, 2007 in Santa Clara, California.
The Energy Venture Fair selected the five most impressive companies for this award out of those participating in the event. Each year, the Fair targets environmental technology companies in North America and hand-picks 75 companies to present business plans and products to an audience of key potential investors. The Fair has a reputation of being the best event for investors wishing to find new companies with potential in this market sector.
All extremely innovative and resourceful, the five award winners amazed the audience with their presentations and technology displays. Hythane took the lead by explaining its “here and now” application of a unique blend of hydrogen and natural gas fuel which allows a range of vehicles to experience emission reductions. With the recent trend toward alternative fuels in the consumer and commercial marketplace, the Fair recognized the importance of the addition of Hythane as an alternative fuel option. Not
only does Hythane represent a step toward decreasing the demand for foreign fuel sources, but it reduces harmful emissions and helps protect air quality. Hythane Company caught the eye of many interested parties at the Fair as it promoted the hydrogen and natural gas blended fuel currently marketed to various transportation fleets across North America and select countries abroad. “There was an extraordinary show of interest in learning about the advantages of converting a diesel or natural gas vehicle to operate on Hythane,” commented Roger Marmaro, Hythane President. “Many
understand the need to move toward a hydrogen economy and see this as the first step.” Hythane’s fuel takes a significant step forward for alternative fuels by utilizing hydrogen to reduce dangerous nitrous oxide emissions by 50%. Many municipal fleets have already expressed interest in both building Hythane fueling stations and converting their existing fleets to run on Hythane fuel. Headquartered in Colorado, the Hythane Company, LLC, is working to bridge the gap between conventional fossil fuels and the clean future of a hydrogen economy. Vehicles that operate on Hythane ®, a blend of 20% hydrogen and 80% natural gas, produce significantly lower emissions than those operating on diesel or natural gas. The company intends to deploy the Hythane ® System, which completely integrates Hythane ® technology into existing natural gas fueling stations and vehicles, in cities
throughout the world. Hythane ® can be used in all forms of vehicles and is especially suited for commuter buses, school buses, refuse trucks, and delivery trucks. Hythane ® is a patented fuel and the trademark is the property of Brehon Energy plc. The Hythane Company, LLC is a wholly owned subsidiary of Ireland-based Brehon Energy, which itself is also a wholly owned subsidiary of Australian-based Eden Energy Ltd. Additional information about Hythane ® is available at www.hythane.com.

 

[daaussie]

Re: EDE - Eden Energy

HIGHLIGHTS:
• First Indian Engine despatched to US for Hythane ® conversion.
• Four major Hythane ® bus demonstration projects planned in India for the first half of 2007.
• Huge market potential anticipated for Hythane ® in the motor vehicle, locomotive and power generating sectors as the supply of Natural Gas is expanded to cover more than 50% of the Indian population over the next five years.
Eden Energy Ltd (“Eden”) is pleased to announce that the first Indian Natural Gas engine, which is to be converted for Hythane ® operation, has been despatched from India to the Hythane Company’s facility in Colorado. Hythane Company is a wholly owned subsidiary of Eden. Hythane ® is a patented blend of hydrogen and Natural Gas.
The engine, which is a leading Natural Gas bus engine, will be converted to Hythane ® operation during the next two to three months and then returned to India for use in demonstration projects. Eden is also negotiating a formal marketing agreement with the engine manufacturer in relation to these engines, and has ongoing discussions with various other parties in relation to other engine conversions, and for supplying Hythane ® technology to various sectors of the Indian vehicle and power generating markets.
Four major Hythane ® bus demonstration projects are planned in Delhi, Mumbai, Ahmedabad and Kanpur. Significant interest in participating in these demonstration projects has been expressed by many of the major players within the Indian market sector, including oil and gas companies, gas distribution outlets, transport authorities, testing and regulatory authorities and government agencies.
As a result of a Supreme Court ruling in 2001, the entire public transport fleet in Delhi operates on Natural Gas. This comprises approximately 15,000 buses, 40,000 taxis and 100,000 auto rickshaws. Similarly, in
Mumbai many of the 100,000 auto rickshaws are now operating on Natural Gas and it is planned to convert the very large bus and taxi fleets (estimated at approximately 20,000 buses and 60,000 taxis) to operate on Natural Gas. Similarly, in Gujarat and Kanpur, where Natural Gas is also currently available, significant numbers of Natural Gas buses also currently operate and expansion of these fleets is planned.
In all of these cities, photochemical smog is already a serious issue, and becoming worse as the number of motor vehicles rises. NOx is the major constituent of photochemical smog and more than 70% is estimated to come from motor vehicles. NOx is halved when Hythane ® is used in lieu of Natural Gas, and this provides a great opportunity for Eden to develop a very large market for its Hythane ® related technology in these cities.
At present, India has only a very limited Natural Gas distribution network. Over the next five years the Indian Government plans to extend the gas pipeline network to cover more than 50% of the population (of 1.1 billion people) and more than 60% of its entire vehicle market. The Indian Government also plans to expand the Natural Gas supply from approximately 5million tonnes per annum to 25million tonnes per annum over the same period.
This opens up a huge market for Natural Gas and Hythane ® as an ultra-low emission vehicle fuel for a potential market of more than 500,000 buses and many millions of trucks, minibuses, taxis, cars and auto rickshaws.
Additionally, many tens of thousands of large businesses and buildings in India have their own diesel powered generators, due to the unreliable electricity supply. As Natural Gas is less than 50% of the cost of diesel, it is anticipated that as Natural Gas becomes more widely available, many of these generators will be converted to operate on a dual fuel mixture of diesel and Natural Gas. By using Hythane ® in place of Natural Gas, the percentage of diesel in this dual fuel mix may be reduced to only 10-15% compared with approximately 40% if Natural Gas alone is used. This use of Hythane ® has similar potential in the large diesel electric locomotive market in India.
The dual fuel application will open up a very lucrative carbon credit potential pursuant to the Clean Development Mechanism (CDM) under the Kyoto protocol, which is available to India as a developing nation. Eden, through a proposed Indian joint venture, aims to supply Hythane ® engine conversions, and supply and service hydrogen production equipment, and Hythane ® blending equipment, for all these markets utilising its various patents and extensive know-how. The total potential market for Hythane ® in India is extremely large and Eden is well placed to capture a significant share of this exciting and potentially very rewarding market.

 

[LifeisShort]

Re: EDE - Eden Energy

You're not the only one interested in EDE. I have some options and have been on the register since day one. Its a very interesting company with a lot of things on its plate. It could be a goer in the next 12 months. Keep bringing those good news out....

 

[daaussie]

Re: EDE - Eden Energy

thanks for your post.
EDE hit 26 cents today. it looks good to go to 30-35 range in my opinion
i am holding it long term. should be worth a few dollars.
i hope a US small cap fund manager gets an interest in it.

 

[LifeisShort]

Re: EDE - Eden Energy

There is a bet going around that it will be $1 by this time next year from where I'm from. I hope the bet comes through.

 

[constable]

Re: EDE - Eden Energy

another strong opener!

 

[daaussie]

Re: EDE - Eden Energy

glad to hear there are more supporters - i hold long term, i recommended this stock on here to everyone when it was around 10-14 cents, now its double that - 100% on me!
but i hold it long term, in my humble opinion it will be $1 or $2 by mid next year!

 

[LifeisShort]

Re: EDE - Eden Energy

You're definitely not alone. THis stock has been completely overlooked because of lack of understanding. Its a long term thing and over the next year or two if they get some projects going then who knows where it might end up. It's a very interesting company to say the least.

 

[numbercruncher]

Re: EDE - Eden Energy

Hey Guys,

Been watching this thread for a while, infact my first post here at ASF, I too think this company has huge potential, i jumped on some options 2 weeks ago when they where 8.5c and todays close is 70pc up at 14.5.

Its tempting to grab more !


Anyhow keep the good news flowing

 

[daaussie]

Re: EDE - Eden Energy

hi, well today was another announcement regarding one of EDE's other projects. This one is my favourite - goethermal energy. basically the SA Government gave them a 100,000 grant to look further into their land holding for possible geothermal energy plant. This is close to renmark and hence unlike other geothermal positions, is close to a power grid.
Obviously if this one goes through to fruitition, we are looking at the same rise as most other good energy stocks. Let's say takeover offer potential if everything still keeps going well.
The price today heading sharply to 29 cents and finished at about 28 cents.
Bring on the good news!
i hold long term for this one.
great to hear there are more investors having their say.
i will post the announcement on here so all can read it easily. can also go to www.edenenergy.com.au or asx announcements.