Jim Dangote themselves in December said the first cement would hit the market the first week in January that's not VOG making it up, it was the head man in Douala plant that was saying this. A slight delay maybe i keep checking their website nut nothing as yet.
Space I will try and find the link tonight , I thought I posted the link a month ago , some links I dont keep and that might be one of then , but i remember along the lines was that they were going to use the grid very short term even before the jetty they intend to build , I also read that General Electrics got the contract to supply all Dangote factories in Africa if they need a genset. so let me check it out later , but only under a week ago I post a link that Dangote had tested their plant and production start this week
Mr Jim, I am all for being positive about Dangote using gas generators but I have seen nothing anywhere that says they 100% have gensets in Cameroon, or that they will be using them this year. Please provide the source of your statement that says they will be.
The market has barely been open for an hour and you have already posted 7 times today about a company that you do not hold shares in, all negative as per usual. Why do you care what happens here you no longer have anything at stake! The latest 'conspiracy theory' is cash burn. Do you think that Grimm after having a full audit of the VOG operation etc. would be happy paying money into a company that (in your opinion) is burning cash so negligently? He is a shrewd operator and would have plenty to say if cash was being blatantly wasted and then he was being asked to pay 40%. You should seriously consider taking up a hobby as you obviously have too much time on your hands. Go find a nice 10000 piece jigsaw and leave the investing to people who understand risk and reward and are willing to gamble their money based on their own balanced judgements.
what about the cash burn. have i made that up as well. with grimms money yesterday and after paying for river crossing and the work that has been ongoing since oct i would say there is around $7-8mill left. anyone with there take on whats left in the bank. not buzz thanks, i would like a realistic idea.
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