Member Info for aerial

documents.worldbank.org/curated/en/371961523749452522/pdf/FINAL-RPF-REPORT-FOR-400kV-TL-FROM-MBEYA-TUNDUMA-SUMBAWANGA-AND-330kV-TL-FROM-TUNDUMA-SUBSTATION-TO-TANZAM-BOARDER-disclosed-4-14-2018.pdf

The below statement made today was also in the September 2018 RNS

"The financing agreement for credit is now in place and the procurement plan is continuing to progress"

GreenWolf
My 14:19 posted is copied & pasted, NOT my words

...

I would add that the document also states that diesel will no longer be used locally.

There is obviously no nuclear. There is no gas, no biomass, solar and geothermal are apparently insufficient, there is no hydro locally with the Songwe Hydroelectric Power Station 120 kilometres to the south which leaves coal...

GreenWolf - Coal Power Plant

From The World Bank Org Documents..

Africa - Tanzania-Zambia Transmission Interconnector Project : resettlement plan : Resettlement policy framework for Mbeya-Tunduma-Sumbawanga 400kV power TL and 4km of segment of 330kV TL from Tunduma Substation.
---------------------------------
Sumbawanga substation:
The proposed Sumbawanga Substation will be strategic as major transmission lines are expected to meet there. For example the proposed 120 – 240MW coal power plant with an associated 400kV transmission line is expected to be connected to the Sumbawanga substation as is the existing 66kV line from Zambia.

I've messaged Rufus Short asking him to clarify 'the financing
agreement for credit is now in place' statement as it is clearly
ambiguous.

Once the shares are added there will no doubt be a period of liquidity and then hopefully with continued news we can get the SP back where it belongs.

No one expected it to be a block buster, but it confirmed everything that we had previously been told and they are still on target to break even.

Most interesting is this which I have never heard before:

The AFR RI-3A Tanzania - Zambia Transmission Interconnector project, which is being part financed by the World Bank, is continuing to move forward which we believe will have positive implications for our proposed coal to power project. The financing agreement for credit is now in place and the procurement plan is continuing to progress. As previously stated the Company's long term plan is to provide electricity to this transmission grid once it is completed and we are continuing to work towards this goal. Currently completion is stated as being in 2024.

"We believe will have positive implications for our 'Proposed Coal to Power Project',. The financing agreement for credit is now in place and the procurement plan is continuing to progress"

Am I missing something or did we imagine that the RCPP (as we knew it) was dead because of the nullification of all the Tanzanian Tenders?

I have continued to post my beliefs about the Interconnector, but don't think it has ever been mentioned since the World Bank Spike RNS.

Very nice imo

seanyj1
"We all want the same thing" I suggest is not entirely the case ; ; )

That's right, but fortunately others tend to spot RNS's from other sources. Nevertheless it's really unprofessional as this problem continues and has never been address properly to my knowledge, and considering it relates to extremely large amounts of money it needs to be dealt with and rectified asap.

seanyj1
Yes an if, but not as big an if as might be thought hopefully.

Ops too late loggybog post removed...

What are the odds that larry tries to engage loggybog?..

bcl42
Enjoy!

Chin up bcl42 it's only money !!

Doubt he will have a word on behalf of Kibo as he's doing the climate change thing!!

milnromug
I would add that having primium membership had nothing to do with it as I didn't know there were RNS's until Backingmetal posted it having seen it on v markets. LSE have long had issues with their data supplier. These got added, but usually if missed they remain missing from the Live' RNS tab forever.

We all trust your judgement larry lol

Location Sciences forecasts increased sales as first-half revenues jump over 90%

A "further uplift" in sales from the group's existing customers is expected in the
fourth quarter as the Christmas season boosts demand from advertisers

As you say Massively Overdone imho