RE: Excellent Podcast from Hanno5 Jul 2018 15:21
I also made a lot of money from VRS after taking the 17p placing. I also expect to make a lot of money here. More in fact. Also I now believe the VRS MCAP to be ludicrous but that's a different matter.
The facts are so clear here. Government, onside! They have their own milestones to reach in terms of connecting the country up to the grid and providing stable power. Additionally they are looking to make some serious revenue from tax and royalties. Finally the creation of jobs and infrastructure in the area.
SHL - as we heard from Hanno they have multiple options here which will provide uplift. I take from that they will look to convert to equity at a higher price. Will create a further solid foundation.
Tarrif - well for starters they have already had a tarrif agreed at a HIGHER price to what they can now offer. Additionally, it's EDM that authorise it and let's just say we have 'freinds there'
GE and CMEC - let's face it guys if they weren't interested they would have walked long long ago. Instead they expidited the site visits so they could do their DD quicker and get the EPC and O&M bids in on time. Further to this they also enable the moz government to provide all the pertinent licenses as they are mammoth companies with proven track record of delivering.
GE's main effort is not power projects and in particular Africa. Guess what we tick both those boxes. They are also incredibly influencing in Mozambique. CMEC (Chinese) are also obviously interested in Africa and dominating that region.
Coal - it's ours, we own it, we can use it, sell it etc. Its close by and yes there is a fu"*ck tonne of it.
Scalability. 300mw - 1800mw. Huge.
My fingers hurt but the list goes on and on. Huge month here for us and good luck holding on to your shares. Or perhaps more pertinently good luck buying any shares once this goes.
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