focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
But Simpson also emphasises the ‘peoples port concept’, which is TNPA’s vision for improving the integration of South Africa’s ports with the surrounding communities and their economies, particularly in areas such as in Mossel Bay, Port Elizabeth, East London and even for the public area adjacent to the proposed DDOP.
The question still is: Will SNR be part of their future? TNPA offers glimpse into growth trajectory of SA’s coastal ports 8th May 2014 "At the Port of Richards Bay, in KwaZulu-Natal, and at the Ports of East London and Ngqura, in the Eastern Cape, specific efforts are being made to free up terminal capacity for junior miners planning to export coal, in the case of Richards Bay and East London, and manganese, in the case of Nqgura." "At the Port of Richards Bay, in KwaZulu-Natal, and at the Ports of East London and Ngqura, in the Eastern Cape, specific efforts are being made to free up terminal capacity for junior miners planning to export coal, in the case of Richards Bay and East London, and manganese, in the case of Nqgura." Http://www.miningweekly.com/article/tnpa-offers-glimpse-into-growth-trajectory-of-sas-coastal-ports-2014-05-08
NO
Are you by any chance part of the cooch group of investors????
Congratulations Gabe and Amal and all of the best in your future..... :-)
Possible strategic investor coming on board. discount placing coming..
growbag - 24 Apr 2014 - 16:42 - 5818 of 5823 - 0 The date of the initial arbitration hearing was changed to 28/04 to 01/05: But they may have settled in advance of Monday. "Elitheni received a winding up petition from a group of creditors 29(th) November, 2013 with the amounts disputed by the Company. Having contested the claims submitted, the Court petition was withdrawn with both parties agreeing to arbitration to be held on 28(th) April - 1(st) May 2014. Elitheni management remain confident that the arbitration ruling will be favourable notwithstanding the fact that funds are set aside with the Court in South Africa to cover the full amount under dispute." Another possibility is that an RNS will announce SNR's formal notice to contest the Thelo issue which was due tomorrow: "Elitheni is discussing this Court Order with its South African legal advisers and is in discussions with Thelo regarding the repayments of amounts due to them. Preliminary legal advice is that the Court Order may not be valid. Under the terms of the Court Order, SNR has 30 days, from 25(th) March, 2014, in which to enter a Notice of Intention to Oppose and SNR intends to serve such notice". Better still - a positive on both of those issues, and announcement of a strategic investment and extension to the LCL loan :-) IATG - Can you shed any light on this?
Looking very interesting!!!
Looks to be panning out Ok ! Andy Ruhan is obviously throwing some loose change in
47% up now.......
someone's taking a punt the funding is sorted......
How do you see this panning out now?
??? "2. Procurement of generation capacity through cogeneration and coal technologies In line with the Department of Energy’s programme, and as set out in section 34 of the Electricity Regulation Act, the Minister has determined that the economy requires additional generation capacity in the form of cogeneration and coal generation. In this regard, in April 2014, the Department of Energy intends to start a process to procure:  800 megawatts of cogeneration to be followed in May 2014 by a 2 500 megawatts of coal generation. This determination is made under the IPP programme and will complement the capacity that is generated by the IPPs licensed in Windows 1, 2, 3." Http://www.energy.gov.za/files/media/pr/2014/MediaStatement-Announcement-of-New-Energy-Infrastructure-Project-14April2014.pdf
Trivia...If this is still be a going concern, they will probably be glad to have this in the future...... President Zuma to launch R12 billion Water Project in Eastern Cape 10 Apr 2014 "Due to the significance of the project to the socio-economic development of the Eastern Cape, government has classified the Umzimvubu Water Project as a Strategic Integrated Project so that it can be allocated necessary resources and be implemented speedily. The project entails the construction of two multipurpose dams, Ntabelanga and Laleni Dams, on the Tsitsa River, which is a tributary of the Mzimvubu River, to supply irrigated agriculture, domestic and industrial water requirements, and hydropower generation. The project will supply clean water to communities around district municipalities of OR Tambo, Alfred Nzo and Joe Gqabi District and other parts of the province." Http://www.gov.za/speeches/view.php?sid=45023 Elitheni is in number 21..... Pink Http://en.wikipedia.org/wiki/List_of_municipalities_in_the_Eastern_Cape
Well is this finally what everyone has been waiting on for years? I have no idea what info will be released or if anyone will have to reapply. Maybe an area where the IPPs will be located? Won't be around much to chase first thing Mon. so "Happy Digging"! Http://www.polity.org.za/article/martins-set-to-make-ipp-procurement-announcements-on-monday-2014-04-11
Elitheni CEO David O’Reilly....... He's a MMS man....is he relation to the OReillys where Andy Brennan is a director? Http://www.wporeilly.ie/about/
Eastern Cape coal mine teeters on the brink by Charlotte Mathews, April 09 2014, 06:52 Http://www.bdlive.co.za/business/mining/2014/04/09/eastern-cape-coal-mine-teeters-on-the-brink
Do you think SNR will ever get out of this mess? Personally, I think it could be game over now for the company. What are your views?
http://www.fin24.com/Economy/Eskom-power-station-loses-unit-20140401
im surprised this did not fall harder today but I think there is plenty downside to come here, GL anyone playing this as I feel you will need it.
if I was in this right now I would be having sleepless nights thankfully I am not, that rns is not good reading plus you have a mess going on as well,you would have to be off your rocker IMO to invest here or should I say seriously gamble here.
ouch