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Ha very droll Sausage!

Yup, and will more than likely be buying loads more before and after consolidation!

Down 2.70pct

Had to add a few more...

Bannor - I agree, but my point was (generally speaking) that you can't raise a loan unless you meet the lenders criteria. That criteria must have been met, and over and above that Lind must think it's a good deal, and as you say doubt they have given any thought to the shareholders,....why would they?...

But 0.17 to 0.20 in reality we are down..

JohnZ
I really really really doubt the bod could have raised the Lind Loan without having to prove some serious figures, that as yet we are not privy to.

Currently my hopes are on the Tender. Should that fail (bearing in mind where our 173mt of coal is in relation to the Mbeya – Sumbawanga Interconector) then the company (our coal) surely becomes a target for whoever does win it, BUT think we are in a very favourable position.

Common sense dictates you can't build a coal fired substation on the doorstep of our Project without a Great deal of coal. I also doubt that it's a coincidence that the proposed Mbeya – Sumbawanga Interconector passes by Edenvilles (173mt coal) RCPP and Kibo's (130mt coal) MCPP...

If Rufus pulls the Tender off, then he will deserve a pay rise! :))

No idea, I've never seen it before so don't know how it works.

JohnZ
Had to laugh, someone posted a link on the top 100 ramper on
LSE and our old friend Atomicrain was way up there ramping UKOG :)

Sorry johnZ I’m out and about

Our Tender only needs to be resubmitted if it was withdrawn for amendments
like Kibos, and there is currently no reason to believe that it was withdrawn.

There is minimal value short term in the coal mine. The value will
start if we win our Bid, if not the value then becomes the coal imho

Guess if we don't win our bid someone will want/need A LOT OF COAL in the Sumbawanga region to build their substation ready for the Transmission Interconnector. Doesn't really take much foresight imho..

Does beg the question why a miner supplying coal on contract to a company that needs coal would help them unless it was to train and educate them, hmmmmm ?

Potter
The Dangote conspiracy theory makes you wonder who we are actually helping re 8th Oct RNS?

"We are also examining ways Edenville can further assist this group in mining related tasks"

Kibo value their 133mt of coal, bearing in mind they are still a prospector. Why do they think it's worth $100m yet Edenville with a Full Mining Licence and a Producing Coal Mine with 173mt of coal be worth less? I would add that I don't agree with either valuation, but do consider the Edenville Assets to be very substantial! aimho

Sausage if you're that concerned why not phone the Finchley office +44 (0)20 7653 985
or message me and you I'll give you his number.

....

Oh dear LG you really have a problem! Perhaps you can tell me about it at the next AGM!

LG Interesting how easily things get distorted. Nowhere did I say I thought I was right. I said "it's absolute rubbish" which is my opinion from my experience, and not because a millionaire said so. Strangely (and not being of the pack mentality) I have a mind of my own.

If members are making what you consider to be snide remarks or are mocking you, then perhaps you should ask why that might be?...