Member Info for bcl42

What contracts?

I have said it as I see it from the day I invested until now I.e. keen and optimistic at the beginning (obviously or why invest?) and massively disappointed by LC et al for a considerable period of time. You on the other hand have ramped and deramped according to your agenda at the time. Your attempted clever comments are anything but that.

Potter I added this week. Never sold a share (unfortunately). Not bitter just very realistic and I say it as I see it based on experience whether others like it or not. We have had news due on many more fronts on many many occasions over the years and so far it has never materialised. I live in hope.

There is every chance that we are still waiting for the Moz PPAs this time next year. They were 'well advanced' in January 2019.

If there one thing I know about LC is that timelines are completely meaningless. Any new holder needs to be aware that LC has missed more dates than I have had hot dinners, some of those dates by years.

The rampers need to try harder. We are at 0.2p!!!

As soon as this reaches the heady heights of a whole 0.6p we will be looking at total shares of 3.44 billion. Its a joke. and that's before 3rd party equity participation on any of the C2P projects. The 5 billion authorised shares will never be enough.

Its a LC plus chums gravy train. Nothing else. More promises. The first PPA is due by end of this month or has that now changed to end of the year for both?

Not a huge number but our share of KAT is already destined to drop by another 1% when the remaining loan (a mere
£70k) from yesterday is converted at 1.4p for another 5.5 million shares. Just saying, it’s drip drip drip.

I am hoping that every new investor makes an absolute killing.

We need some genuine company changing news such as PPAs and long term financing.

I will take half of the EUA 40x rise. 5p would be a major result here.

Progressing

Honest answer - Who knows?

The very best of luck to you Aerial.

Thanks Potter. I really don't think I am bitter. Investing here is 100% my decision BUT I do expect a certain level of ability and integrity from LC and the BOD and that is the main thing by far which winds me up. We can't force any 3rd party to sign a PPA or SEPCO to buy-in or the Tanzanian govt to get their act together but the BOD can at least treat PIs with respect and go out of their way to show that they are not feathering their own nests at every opportunity.

That will only happen if LC delivers something of substance

I have averaged all the way down up to and including a million (1025k) yesterday in order to give me a chance at either reducing my losses or (dream scenario) breaking even with an average now of 2.6p. I have a lot of skin in the game.

Aerial - ‘ I have an early equivalent 1m that cost £17k’ - I am surprised you don’t have a higher cost for your first million. I purchased my first million for about £45k.

You are correct Aerial - One way or another we should be getting on with the MCPP but we have silence (AKA 'making progress')