We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Aerial, I feel your pain, beggars belief that Spreadex are increasing.
beggars belief pmsl
Aren't Spreadex seen as an organisation that shorts a company?
Do people feel Spreadex bought in here for the price to go up or down, they are here to make money however they achieve it!!!
Spreader have sold in AST and bought here, maybe all is not lost
It took a month to complete, so a protected trade
Sorry for being thick but If previous position was 8.08 % why are they telling us again same amount?
Spreadex TR1
BE54
I'm in complete agreement. I feel Edenville's RNSs in relation to what is happening in country are politically stymied for the foreseeable future.
Its been a good discussion on the board for the last few days, long may it continue. I do feel though that Edenville have an obligation to at least tell us the timescales of the handover, acknowledging that they may not be able to say why. If it is going to be another 8 weeks then tell us.
Saus watch out for a saus growing out of your napper!
You and the clown are just discussing what I said on Wednesday!!!
If that is the case then EDL's voice ie RNS is going to be politically shut for fear of upsetting the apple cart
GW
Absolutely agree. If it is covid related then the Tanzanian government won't want that out in public I'm sure, and Edenville won't want to upset the apple cart by telling the world Tanzania can't function due to Covid.
The longer the silence from both the Tanzanian government and Edenville, the more I'm convinced covid is preventing the handover
Handover could now be months away, but on a positive note, I get my covid jab tomorrow.
Sausage - silence is never golden in shares and if there is one thing our BoD struggles to learn is about the need for timely news flow. They've always been a bit...slow.
There is clearly a problem. I do understand that if it is Covid related they may well be coming under significant pressure from the Tanzanian government around not using that in any formal news. You cannot underestimate the political power in countries like Tanzania.
But I agree that the Covid angle could potentially be having a bigger impact on us than is being clearly communicated to investors. We could do with someone with their ear to the ground in Tanzania posting....
As I mentioned before if there is an information vacuum coming from Edenville investors will fill in the blanks with their own opinions.
So my opinion is that, after reading multiple media sources, it would seem that the president is now out of the country either in Kenya or India. I can't imagine that he's the only person within the Tanzanian government to have fallen ill with covid, many in the government will have died or remain ill with covid. my opinion is that the Tanzanian government is in some form of paralysis at the moment, particularly without a leader. My opinion is also that those from Dubai do not wish to travel to a country which treats covid with herbal remedies as well as fruit smoothies, and has only recently accepted that masks should be worn.
For me, the reason why there was no date on the last Tanzanian update regarding mine hand over is that Edenville simply do not know when this will take place because of what is going on in country.
But of course if I'm wrong Edenville could always publish a RNS to give us the reasons, my opinion is that if they remain silent I'm pretty close to the truth.
The ignorance in Tanzania concerning covid-19 is truly astounding. Perhaps what is happening to Magufuli (if true) will make them realise that he and his health minister (and possibly many others) are complete and utter cranks! imho
Let's hope Edenville have Vice President Samia Suluhu Hassan phone number, they may well need it in the coming days if the media is to be believed.
Unch.
Norrab, remember it's coal we're invested in. And as it's still in the ground it's not causing anyone any harm.... yet :)
What is the renewable energy potential in Tanzania?
Tanzania has high resources for each of wind, solar, hydropower, biomass and geothermal:
Geothermal: as a result of the East African Rift System, Tanzania has a potential of 650MW of geothermal and around 50 potential sites have been identified as suitable for development. The GoT established the Tanzania Geothermal Development Company Limited as a dedicated public entity to oversee geothermal development in the country and is assisted in this by the African Development Bank (in its capacity as implementation agency under the World Bank’s Climate Investment Fund Scaling Up Renewable Energy in Low-Income Countries Program). On-going exploration work is being carried out by Geothermal Power Limited, a joint venture between German, Australian and Singaporean partners.
Wind: there are a cluster of wind project sites around Singida (as a result of average wind speeds of eight metres per second) and elsewhere in the country. One of these sites is being developed by East Africa Wind Energy (which is backed by Aldwych International, the IFC, Singida Municipality and the National Development Corporation). It is expected to start operating by the end of 2017 with a capacity of 100MW.
Hydropower: Tanzania has a potential hydropower capacity of 4700MW, only 561MW of which has been developed so far, so there is much room for further development. There are several major hydropower projects in the pipeline in Tanzania, such as the 358MW Ruhudji hydropower project which has been under development for some time, involving a consortium of investors led by Aldwych International. However, changing weather patterns and their impact on the existing hydropower plants (which saw generation drop to as low as 110MW in late 2015) has given fresh impetus to broadening the power mix away from what is viewed as the country’s traditional over-reliance on large-scale hydropower.
Biomass: various small scale biomass projects are being developed, particularly as part of agro-energy projects, and we see biomass as having significant potential in Tanzania.
Solar: the mean solar energy density in Tanzania is about 4.5kW per square metre per day, which indicates its potential use as an energy source. Various solar developers are setting up small solar photovoltaic (PV) projects (with the largest being a 60MW project in Shinyanga for which feasibilty studies are being carried out), but none as yet are operational.
What is the renewable energy potential in Tanzania?
Tanzania has high resources for each of wind, solar, hydropower, biomass and geothermal:
Geothermal: as a result of the East African Rift System, Tanzania has a potential of 650MW of geothermal and around 50 potential sites have been identified as suitable for development. The GoT established the Tanzania Geothermal Development Company Limited as a dedicated public entity to oversee geothermal development in the country and is assisted in this by the African Development Bank (in its capacity as implementation agency under the World Bank’s Climate Investment Fund Scaling Up Renewable Energy in Low-Income Countries Program). On-going exploration work is being carried out by Geothermal Power Limited, a joint venture between German, Australian and Singaporean partners.
Wind: there are a cluster of wind project sites around Singida (as a result of average wind speeds of eight metres per second) and elsewhere in the country. One of these sites is being developed by East Africa Wind Energy (which is backed by Aldwych International, the IFC, Singida Municipality and the National Development Corporation). It is expected to start operating by the end of 2017 with a capacity of 100MW.
Hydropower: Tanzania has a potential hydropower capacity of 4700MW, only 561MW of which has been developed so far, so there is much room for further development. There are several major hydropower projects in the pipeline in Tanzania, such as the 358MW Ruhudji hydropower project which has been under development for some time, involving a consortium of investors led by Aldwych International. However, changing weather patterns and their impact on the existing hydropower plants (which saw generation drop to as low as 110MW in late 2015) has given fresh impetus to broadening the power mix away from what is viewed as the country’s traditional over-reliance on large-scale hydropower.
Biomass: various small scale biomass projects are being developed, particularly as part of agro-energy projects, and we see biomass as having significant potential in Tanzania.
Solar: the mean solar energy density in Tanzania is about 4.5kW per square metre per day, which indicates its potential use as an energy source. Various solar developers are setting up small solar photovoltaic (PV) projects (with the largest being a 60MW project in Shinyanga for which feasibilty studies are being carried out), but none as yet are operational.
Which February?? There have been do many.
We didn't take him on a tour of our site in February, did we?
Looks like the pressure is growing on both the Tanzanian authorities and Edenville to tell us the finer details of what is going on?
pi
As far as we are aware ILTL are bringing in foreign nationals, so probably vastly different for the indigenous workforce!?. ...
esquimo its not stopped he1 up the road from progressing with the helium exploration/drilling nor many other companys from doing things.