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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): 4,245
Number of Share Chat Posts (last 30 days): 210

Last Posted: Today 11:46

Post Distribution over the last 30 days

Today 11:46

Not surprised at any of that, as Boffin points out there will be a major 'relief' coming such as interest only payments or extending the loan facility, with C1 cash costs at or near the price of Cu what option do Orion have? None as far as I see, they don't want any more percentage of an AIM Listed Producer I would imagine than the 25% or so they already own is quiet enough and their 2p per share investment is now some 70/80% down in the space of 6 months, they ain't bailing or calling any loans in that is for sure.

Painful stuff but there has to be a reckoning in the Cu Prices in the next 6-12 months as this can't continue, once US Interest Rates start to increase and Libor Fixed Loans like the ones we have start to go up there will be large scale production cut backs and or bankruptcies, Cu when adjusted for inflation is just about as cheap as it has been in history, a shocking state of affairs.

Tue 23:02

Agree, 600MW straight off the bat and some 'corporate' language to say it can be upped to 1200MW.

If he pulls that off ill happily wait a few extra months lol.

Interestingly it's now been 9 weeks since we where told of the money for 'geological services' and 6 weeks since we where told that the results for the resource restatement would take 8 weeks, this week or next week for that IMHO!

Tue 22:55

So basically have to go from 0MW to 2700MW of coal generation per year in the next 10 years?

Only big projects are going to pull that off realistically.

Tue 22:45

2700MW by coal in the next 10 years, realistically that has to come via companies already well advanced in planning a Power Plant as it takes some 5-10 years to plan and get a Coal Power Plant to fruition from start to finish, another sign possibly that the MCPP will e bigger that 300MW from the start?!?

Tue 22:16

Agree, magic happens when you least expect it. I expect an RNS before end of week too.

Tue 16:50

They would have taken this lower, much lower if those where all sells, sorry, but I agree with the below, I think these are all being slowly moved to their new, patient holders hands, i mean really, we know what is on the horizon here, why would you sell at this SP?

Tue 14:17

Wouldn't surprise me at all if an RNS comes out tomorrow, we've seen that drop it hard and then raise it fast somewhere before. Complete joke.

Tue 07:27

For what I read into this is this new law is trying to make sure companies are actually trying to progress their permits and not just sitting on them waiting for better times, not just Tanzania who have brought laws in like this.

I really wouldn't worry about a company who is trying to make a USD$80-900m capital investment into the country and help solve their energy crisis.

Mon 12:21

Who knows, pretty pointless, it ain't going to be suspended, simple as that.

Mon 11:50

Nice one, this week hopefully it's concluded then!


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