Member Info for aerial

DG12
An extremely out of date document

Coal News

https://www.miningweekly.com/article/coal-price-expected-to-average-100t-as-china-turns-to-south-africa-for-coal-2021-01-15

Fossil fuels are set to remain the dominant source of electricity across Africa over the next decade, according to a new study.

https://www.bbc.co.uk/news/science-environment-55620848

You have to consider that for these large investors to add more of their money, they must have extremely detailed information as to (at least) the near future. Seemingly they were not deterred by Lind, the Handover, or the rains, and doubtful this was an easy sell for the bod. Personally I think the bod should be given considerable credit for pulling this off!

Greatly de-risked because of the belief/actions of a few large investors, I doubt they will be selling, or even considering selling until their gains are sizeable imvho.

aimhopdyor

Good on them!

Hopefully the ILTL contracting team are better than the local yokels. I think much of the difference will be that they want the coal, and the more they produce the more they will earn, contrary to the current excuse who were working for a wage. ...

Interesting times

Sometimes when things appear to be falling apart, they may actually be falling into place. ...

I doubt few would disagree that their communications have been abysmal since the destructive Placing. Why are they no longer interested in keeping the market completely up-to-date, perhaps like the bolstering RNS (letter to shareholders) when restrictions were announced right in the middle of getting their Placing away, AND especially at this present time with the Blis situation seemingly ongoing. ..

aimhopdyor

We all know who they are !!

Given our understanding of the current mining operation (which is extremely limited) logic would suggest increased production can only be achieved with increased efficiency and a shift system imo

My personal feeling at this moment in time, is that as the new contractor take the reins other possibilities for the company will materialise. I think we have learnt things rarely go the way you expect in Tanzania.

Sometimes when things appear to be falling apart, they may actually be falling into place. ..

Maybe or maybe not here, but a good week nevertheless !!

I still don’t understand the bods reluctance to update the
market, and in particular keep the invested in the loop?...

A question that I put to the bod at an AGM in around 2014, and they said they were open minded with regard to offers, but they’d had no offers.

Teaye72
LSE always blame their data supplier.
I can’t tell you how must data hasn’t arrived over the years.

JohnZ
A good point, but I doubt it’s anything to worry about. The RNS not showing was LSE, and they told me it would arrive later, but that never happens with missed RNS’s.

Anything’s possible, this is AiM :)

after the rise

After to rise at 11:27 it dropped from 32/35 to 30/35 and went flat line. ...

Interesting times !!

Bid +36.36% on the day. ...