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#AST: Board changes and new strategy for Ascent as Hutchinson looks at new projects
EXCLUSIVE: Petro Matad announce fully funded 4 well Mongolia campaign


Member Info for Coldspy


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Member Since: Sat, 1st Dec 2018

Number of Share Chat Posts (all time): 874
Number of Share Chat Posts (last 30 days): 651

Last Posted: Today 13:14


Post Distribution over the last 30 days




Today 13:14

With proper info will be submitted tomorrow morning

As Bigbench said, what it means that:

Bonds A, which constitute 99.22% of the votes cast in the vote, voted in favor of the principles of the arrangement with the terms of the mission?

And also what plan B is, if plan A was isn't going ahead

Why it went up to $18m dollars from 10m.

Etc Etc
Today 12:54

Holding at 10% down over there so not the end of the world/

We do still hold 90% of TI. We just couldn't get the cash to buy remaining 10%.

Guess a 7am RNS will clear things up for us
Today 12:46

No principles were approved at the meeting it seems

So I guess Rainmaker now have the option to buy TI for 60% value off us?

Will certainly be an interesting few days
Today 12:19

opinions below.

However, I believe the deal with BH itself will really be the factor by which the market decides how to value MTMY in the coming week/s.

If they have to hold warrants/options for 3 years before sale for example would indicate a plan or after the sale of TI

If the funding is higher than the 10m dollars originally indicated , the SP would positively react to that too. Why put in more than MTMY asked for/needed for the purchase?

If it says options were oversubscribed

Or has certain other factors that would indicate strength in the propsition.

The deal for funding itself will be the crucial factor imo to tell us how valuable this all is.

DYOR

Have a good rest of the weekend all
Sat 22:05

Ye that's the key, I'm confident of the dealing being done, no doubt in my mind.

Just hope no more delays as I could do with some of the cash for other stocks I've identified and wish to build a stake in, earlier the better.

I will say that I'm lucky there was a delay as I had considered putting a chunk into Flybe from my profits here. So that was a good miss..

Sometime's delays aren't all bad after all
Sat 21:39

Think that refers to a voting paper on the principles of arrangement ..
Sat 14:47

What contract do you mean?
Sat 07:57

Pretty much ogm4.

Which is why BHs won't risk Rainmaker taking TI off them
Fri 19:51

I think everyone is slightly confused by that too.

PC being the clear superpower in this deal.

Tang pulled a blinder? Possibly.

We'll need the leverage (of retaining 80%) to arrange the subsequent funding. PC obviously benefit from the 3.5bn deal for the construction etc so they're happy anyway.

But with PC as partners, who have recently completed a similar deal, and with the same government in place (and same people in the same positions), approval should be a formality.

IMO take advantage of the static SP and wait for Nomad confirmation which will be in less than 2 weeks time.

This will absolutely fly once Nomad is confirmed. No serious fund/ii will have the approval to go ahead and plough 500,000 into here until that's confirmed as its such a short time scale before potential suspension (won't happen).

Good luck all. I topped up today and own more now than I did yesterday morning when news broke.
Fri 17:30

Recently, Powerchina signed a contract with Dhaka WASA to build the Dasherkandi Sewerage Treatment Plant.

"Once completed, it will be the largest sewage treatment plant in Bangladesh and the largest in South Asia in terms of single unit treatment capacity", Lixin, who was in the capital for the formal inauguration of the scheme, said.

"It is also the first sewage treatment plant financed by Chinese concessional loan and built by Chinese companies", he added.
Fri 17:19

Sorry, 17th April 2018 !
Fri 17:18

POWERCHINA and the Bangladesh Power Development Board signed an implementation agreement and a power purchase agreement for the Barishal 350 MW Coal Based Power Plant on April 12.

The documents were witnessed by Abul Kalam Azad, Chief Coordinator for Sustainable Development Goals (SDG) Affairs in the Prime Minister's Office, and Dr Ahmad Kaikaus, Bangladesh Power secretary.

Bangladesh is an important player involved in the Belt and Road Initiative and the China-Bangladesh-India-Burma economic corridor. With the leadership and overall planning of POWERCHINA, the project team quickly figured out the development potential of the project in the Bangladeshi market and continuously followed up and promoted the development of many power projects.

In face of various difficulties like fierce competition, complicated approval processes and a shortage of land resources, the project team made concerted efforts and gained the land development right necessary for the Barishal 350 MW Coal Based Power Plant in July 2017, an important step for the first power project of POWERCHINA in Bangladesh.

Soon afterwards, the project team went through formalities and gained the necessary paperwork for approval and began negotiations with relevant Bangladeshi authorities. Finally both parties came to an agreement.

The Barishal project will further deepen the long-standing friendship between China and Bangladesh and have a profound impact on relieving power shortages, optimizing investment environments, promoting infrastructure construction and improving people's livelihoods. In addition, it will lay the foundation for further development of POWERCHINA in Bangladesh and increase its influence in the country's power industry.
Fri 16:06

Can they sell at 40p. It's crazy

Handbrake will come off, be patient
Fri 14:39

Hope so. Market cap is a joke down here
Fri 14:00

The real in the know guys have had ages to buy

Early on there were so many 100k 50k 150k buys

If you take out Flightman and Wontogo's top ups there were at least..erm.. 3 other orders..
Fri 13:47

Lol

Someone believes and buying 50k + 50k :)
Fri 11:53

Close here today

Don't sell any, wait until Monday if you really need the money. You'll thank me
Fri 11:30

Wouldn't it be nice if they gave 2 days notice to let you get out lol

Hope it's a shorter who hasn't closed yet and about to get burnt next week
Fri 08:21

Morning Chartist, any predictions on sp movement today?


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