Member Info for bcl42

with the lack of positive news that we drop firmly into the 1's tomorrow. No pessimism from me just reality as that is certainly the direction in which we are travelling, and quickly too. Yesterday I thought it would take all week to get below 2p but we managed it first thing today. I am sure LC is as unhappy as anyone else but it would be good to see him address shareholders even if it is just a rallying cry telling us that there is no need to panic and that things are slowly progressing even if we cant see it, which is way overdue but better late than never.

I am just really glad that Louis has such a great relationship with the GoT as without it the company would be just hanging around waiting for any snippet of information from them regarding their plans and the SP would be in serious trouble.

Excellent so I could now get 1.9p for the shares I have purchased at 5p. Not exactly a ‘whoppee’ moment.

Potter it is becoming virtually impossible to be positive about a share that has lost 70% of its value in recent weeks. I, like many, have been holding on waiting for something positive for a very long time and it just ain’t happening.

1.9p 11% down - full on disaster. Is the MCPP dead?

Only 5% down. Looks like we will see the 1’s sooner rather than later. Glad to see that Louis doesn’t think the SP crash is an issue and therefore not worth assessing shareholders personally. Apart from a pathetic lift pitch he has kept himself to himself for quite a while now.

1.95p by Friday then? Or will the GoT confirm we are the only really credible option for 2 x 300MW before then?

Good news is that any news that gets us back to 5p is likely to take us well beyond.

Miz - at present 5p would look like a big win.

Hurrah. Well done CF.

That’s the best part of the article. I can’t believe the AFDB are going to stump up anything for Steiglers Gorge.

52 week /4 year low. Absolutely no takers at current SP (including me).

I know you are only jesting drst but that is my no.1 concern by far and I guess everyone’s I.e. does the GoT have any real desire to see MCPP or, for that matter, any other projects actually happen. At present the market is betting ‘no’ big time with absolutely no takers at 2.2p. Deramp alert......I would not be surprised to see this in the 1’s if we don’t hear something very positive, very soon.

Deecay. Thanks for the link. We see so many such articles that it is starting to feel like a joke. Tanesco even included Steiglers dam in its response to being instructed to provide another 5000mw by 2020. That just confirms they don’t have a clue but they hold the key to whether MCPP gets off the ground or not. That’s the really worrying think about investing here. Not the viability of the project in Tanzania but whether there is anyone in the govt who is able to assist rather than just get in the way.

Hello Dave - I take your post in the positive spirit intended but would say there is nothing ‘cautious’ about my investment. It’s either reckless or inspirational ;>) I read all posts with a natural urge to only want to hear and believe positive comments. However, I try very hard to see if the negatives are genuine and that I should be concerned enough to sell. I continue to hold believing that the MCPP is a must for the GoT and that it therefore has to be a when and not if although when keeps moving further away. The key short term deliverables are now SEPCO buy in and confirmation of the tender and PPA process. The current SP is totally depressing and I fully understand frustration, whinging and moaning. I don’t understand non-holders posting or any of the personal or vicious stuff. As I hold I therefore believe we will have a pay day. How much I now no longer can even guess but hopefully it will be 3 or 4 bagger for me.

We had about 5 months in the 1's in the second half of 2014 before 7 bagging to about 9.75p. We could do with a similar outcome from the current low which we have not seen since then (maybe without the 5 month wait but I would take it if we ended up at 15p).

Aerial - considering the size of paper loss I am sitting on I think I am being surprisingly sanguine about it. You are right, the only actual fact at the moment is that we have bloody awful share price but with the possibility of turning it around.

At least we are breaking records on a daily basis as we hit new 52 weeks lows. It is what it is until we hear something positive on the original PPA process v Tender and/or the SEPCO buy-in. I am certainly not crystallising a 55% loss on my investment here. Come on GoT for goodness sake pull your finger out and let's gets some lights turned on.

I already know that I will regret not buying at 2.2p. Lack of further funds and already way too much skin in the game.

Aerial - oh for 4.25p eh?