Member Info for Aeasty

There are some that see this dragging on longer and there are some that don't. I personally don't, but I guess that's what makes a market. Been almost a year since NBO was signed and loads has been happening behind the scenes and lots of progress made between all parties. Think bottom is in and been tested twice. Also been a lot of large trades going to sticky holders (this I know). Fully expecting it to kick off very shortly and we will be going to the races as Hanno stated. Personally my first target is over 20p.

Lots of big buys - by big investors. That's not PI 'punt money' that's 'im wealthy for a reason, and I know what I'm doing money' #followthemoney. Seriously cheap right now.

Looking good, great RNS.

Added. Seriously can't actually explain why the price is here. Markets are FUBAR currently. But can't look a gift horse in the mouth so added. Shouldn't be long before we see a SIGNIFICANT rerate.

By Ncondezi today on Twitter where they retweeted a news article referencing MOUs being signed in China between the two governments. Given Ncondezi's conservative approach to tweeting, this to me, seems very bullish and a good indicator. GL all

I know, but there is a lot behind this tiny rise. To be honest it beggars belief we are even down here.

Something behind the rise? Are you serious haha, good joke. How about the fact: There is a line drawn in the sand at 10p in which insiders were happy to convert their loan to..50% premium to here. The fact China are investing so much in moz and we have CMEC a state company involved. Also point to note is that CMEC are conducting other projects in Tete region so double hatting. Fact GE are revolutionising their power division and looking for long term revenue generating projects. Would have walked a long time ago. As Hanno says soon we will be 'off to the races'

The 250ks are buys. The buyer is Disrob (twitter handle) who is an ex head of a broker's desk.

Another 250k shares bought on the bell. That's 750k buys to same person over the last 2 trading days. #FollowTheMoney

Really it should set the base level we trade at. Therefore everything under is a bargain

Yes indeed very much so. It's odd that the loan conversation to equity at a 50% premium is not currently being values in. Also given the recent news flow reference the sheer amount of Chinese investment into Mozambique and the vast number of projects it is fair to assume that the already burdened power production will be stretched even further. Hence the very real need for this project to get up and running asap. Won't be long now I shouldn't think.

Took some today on this news. Looks like may be the catalyst for JV. GL and hope I'm correct!

Nice price TTP. Jealous I don't have more to top up, but heh I already have enough :)

Like others have already alluded to, majority if not all of the necessary JDA paperwork will have already been completed and DD done. They have had longer than expected already. Waiting for whatever the final straw is, whether it be a MOU, LOC or more likely the correct amount put in a brown envelope. ....? It's happening though that's for sure. GE doing multiple projects in region and have big influence and ground presence in Mozambique. CMEC also doing multiple infrastructure projects in the same region and China VERY much involved in Mozambique. Oh no doubt in my mind it's happening, and likely sooner rather than later. Only Q left for me is exactly how many bags we are going to make! Because one thing I know is that it's multiple, and I sure as hell wouldn't want to be out of this one.

Make that two £16k buys. Even more lucrative for the savvy buyer

Yes nice £16k buy. Going to be very profitable indeed for that person.

Whatever the timeline it's fair to say the project is happening so if you have any form of patience then this is a screaming buy down here.

I'd love to hear your reasonings behind that timeline. I'd have said September due to the podcast.

Sounded to me like the deal is very very much nailed on. Just a few unexpected hurdles to overcome with will be done in a week or so with new CEO at EDM. I feel very relaxed and comfortable about the deal now though. Defo a JDA incoming and defo a good few months ahead of us.

Yes great and reassuring update. Absolute bargain down here. I'm very very very content to buy and hold this stock. Going to be an EXCEPTIONAL run up to Xmas