Eden Energy Ltd. (EDEYF)

[vmp1]

Company Update dated 7 October provides very significant information and based on these I totally agree with you Greenhorizon.
http://www.edenenergy.com.au/pdfs/5ffc81ceb24bdb798d1c802d44d5689b.pdf

Very encouraging highlights include the following:
"6 full time, highly experienced EdenCreteTM concrete admixture sales staff already appointed together with a highly experienced senior vice president responsible for national and international product development.
• US commercial trials have commenced: Up to 10 trials scheduled in California, Colorado, New York, Georgia and Maryland before December 2016.
The expansion of Eden’s Colorado based production capability of EdenCreteTM to a targeted maximum of 2 million -2.4 million gallons per year remains on schedule to be operational by early in 2017."

Whereas successful trials were done only in Colorado and Georgia previously, other states are lining up, and with the hiring of additional sales resources, the list are expected only to increase.
It is also noteworthy that the the Colorado plant is on schedule to finish early 2017. By that time, a good number of sales pipelines would be progressing well based on efforts from the sales team between now and 1st Qtr 2017.

Regards
V