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Member Info for JDwag


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Member Since: Mon, 16th Jan 2012

Number of Share Chat Posts (all time): 5,479
Number of Share Chat Posts (last 30 days): 168

Last Posted: Today 17:52


Post Distribution over the last 30 days




Today 17:52

I won't bore you on how I got there, but if you leap to conclusions on a 25% Equity IRR on the approximate cost of this plant on yields / returns expected for this kind of project in this part of the world (lots of conclusions and guesswork at present) I would be very surprised if the MCPP (just the plant, not the mine) isn't generating at least USD$50M+ per annum for the standalone SPV. At 10 times earnings (that's nothing for an energy company) that is a USD$500m company (Plant Only). Take your pick on how much kibo are left of the Equity, but even say 30%, that Plant side alone could be worth USD$150m alone to Kibo, before a ball is kicked on the mine value.

Add in the expansion of the resource (haven't mapped even 20% of the 60km strike length of coal, 5 prospecting licences to be mapped our fully and a Plant going to 1,000MW+ in a country / region growing 10-15% slap bang in the middle of tge SAPP Power Exporting Grid and the stakes here are beyond most PIs to grasp what they are dealing with, the resale value (take out value paid at a premium) for all of this is hundreds of millions of dollars IMHO.

Me and others have said this for 3 odds years now on this BB and we are only a few shorts months from being proved right and having cast iron government support put in place that will set the SP on fire.

DYOR of course.

JD

JD
Today 17:00

Traded on here and ISDX, much more like it.

JD
Today 15:40

Doubt they will progress Morogoro or Pinewood much (if any), they got what the came for off of Kibo which was a free ride. If anyone wants any doubt as to how much Kibo should avoid Paul Johnson / MTR just look at how he treated his former 'colleagues' and 'friends' at ECR, one of the biggest muggings I've seen on AIM, sadly people like him do very well in life!!!!

The projects however are a side show of all side shows, no value attributed to them and they are way down our list and barely on the radar.

JD
Today 12:38

They've played this well again, good volume and pushed it up 5%, I'll settle for that every day :-)

Spread is interesting, almost as if the MM's are expecting something :-)
Today 09:21

At Pebble Beach, CA :-)

JD
Today 08:40

Will be interesting what it says (putting it midly).

While they won't give anything any in terms of critical commercial issues (so not to effect up coming commercial discussions around Tarriffs, etc) it will have inevitably give somethings away as to how good it is / will be!

Tomorrow or Thursday I'll say.

JD
Today 08:13

Getting steamed in here. And why wouldn't they!

JD
Mon 22:45

RWE would be exciting. Doing some very cutting edge research with CO2 scrubbing and converting the CO2 into a fuel source (as always Germans and technology).

'Future proof the technology' their website says.

JD
Mon 22:36

For a full contingent to be going? Has to be big!

EPC Contractor maybe asked them to come there or perhaps an investment fund did?

JD
Mon 22:08

Who knows what the days ahead will bring, however, I think we all know what the weeks and months ahead will bring :-)

MCAP £18m or so, bet it's not that come June / July.

JD


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