| Indian Company Backs Out |
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| Wednesday, 24 September 2008 | |
| An Indian company reneged on a financial deal worth $5m announced by Eden Energy last month. EDE suspended trading, and remains suspended at the time of writing. |
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Newsflash
| Eden Energy has released a quarterly report. In spite of EDE’s funding dramas, it still plans to demonstrate Inferred Geothermal Resources in up to five of its geothermal plays by the end of 2010. EDE also announced on the same day that the sale of ‘HyRadix’, ‘Eden Cryogenics’ and ‘CTS’ should be settled in early January. |
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