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Government plans to import coal from the neighbouring Tanzania to support local production of iron and steel. The plan is contained in the National Resistance Movement (NRM) five-year re-election manifesto for 2021 – 2026 launched by President Yoweri Museveni on November 3, 2020.
In 2019 China exported coal worth approximately 933.8 million U.S. dollars
Big business coal !!
Tanzania has a high and mostly untapped potential for renewable energy sources. The only resource significantly in use is hydropower at a large scale. Additionally, small hydropower has good potential and is particularly feasible in rural areas. Biomass resources are mostly exploited in traditional, but unsustainable ways though there remains great potential due to large amounts of organic waste generated from the agricultural sector. Solar energy is abundant with initial efforts being undertaken to exploit this resource through both off-grid and grid-connected solutions. Wind resources have been assessed with results showing promise with plans for developments underway. The World Bank is mapping renewable energy resources within their ESMAP Programme.
And in return China exported.......
Let's see if we get the 7m buyer closer to bell again lol
Currently rolling on BBC News
Coal is deal lol
I voted against -
8 DISAPPLICATION OF PRE-EMPTION RIGHTS
9 DISAPPLICATION OF PRE-EMPTION RIGHTS (FUNDING AGREEMENT)
Ok
you have pony holding, thats a fact.
Go cry somewhere else you have no idea of my holding here. You bought in 2 weeks ago and all you have done is Ramp like an idiot and now you are just crying like an idiot
You know a share is in deep trouble when the number of squabbling ‘chats’ outstrips the number of trades!
PS apologies for exacerbating it!
JEZZAC i mean proper shareholders who participate in placings etc..not the ones who come here acting the big...
Nope not pssd at all, i dont sit n stare at the SP everyday or cry on BBs about not getting a RNS. You dont seem to know what you are doing and when you dont get a 10 bagger in a week you start to blame everyone but yourself.. You should change your nickname to SandalonaStick..
I'll rephrase it, no positive news means they stay quiet.
Thyey need have fuel on site to run consistently before any decent production happens.
bullsxit they got nothing to tell, large shareholders must be pssd
Been going on for years with this mob and the same old Happy Clappers keep falling for it.
Lemmings come to mind.
Or will they just keep rinsing down to say 4p over next five or ten years
The now total value of company is approx 2.4 mil divided by the new number approx makes it 26.5 p a share so they sell a few new ones to suffice the loan plus put some in the coffers what do you think the price will be 20p a share more or less then if they ever come out with good news orders up shipping 12 thousand tons a month approx price 30p approximately.
Coal demand
https://allafrica.com/stories/202012110464.html
I can’t see the 7m here? Had to look at the London Stock Exchange.
Clearly a buy at full ask thought !!
Hopefully somebody has email LSE about the data problem!?...
Thank me later ;-)
https://www.energymixreport.com/uganda-to-import-coal-gas-from-tanzania-for-steel-production/
More like flip flop
7m just popped up
Looks like someone is flapping already :-)