Member Info for bcl42

I think they are generally disinterested in all 3 of the SML's as there has been plenty of time for them to receive cabinet approval. It does not appear to be on the GoT agenda or if so it is way down the list. With regard to the tender all we have had so far is a new date for issuing the tenders which has involved the GoT in no work. Let's see how quickly they can clarify the process and timeline. I am going to guess we hear silence until well into the new year. I hope I am wrong.

does anyone actually believe that the SEPCO buy-in is not dependent on at least the SML and some other indication from the GoT that they are serious about the MCPP? Currently the lack of SML shouts that the GoT have no interest whatsoever in the MCPP. This needs to change.

Am I right in thinking that we are now expected to be happy/grateful if LC can get a placing away at 2p. So another 50m shares to see us through another 6 -9 months? If that was it and we then got the SEPCO buy-in it would not be bad but we all know all of the timelines in the next twelve months will be missed by a country mile.

What is an ‘interested party’. I am an interested party but with no chance of buying 15-25% of the business (unless the SP continues on its current path for much longer.)

The difference is aggressive posts. There are people on this board who hold views without rubbishing others. Sleepydave and yes even Wimbo manage to post consistently without making it personal.

Changing ones mind is fine. Shooting people down who hold a different view is certainly not.

Is the SML? What is the timeframe on the tender process? Is Tanzania open for business? Words at forums and conferences are meaningless unless backed up by some action.

I am doing a CF and just wishing it better. It’s al great here. We have funding, the GoT do have a clue, LC is very much in charge. Ah that’s better, oh no SP is dropping again.

‘Bottom feeders’ and ‘shorters’ CF. You are way out of line. Not that it makes any difference but you are way out of line.

CF. So you have resorted to name calling and accusations now. Pathetic. I am no shorter. Long and never traded a share but brave enough to say it how it is. I suggest you open your eyes, take a proper look at where we are and grow up. Just because someone has a different view to you and calls out a ridiculous post of yours for what it was you have a go. This share doesn’t need shorters to kill the SP. LC and the GoT are managing it quite nicely all on their own.

Bewley - well done on the additional 250K. Its a shame that you don't think 2.24p is also a bargain. Presumably you think you can do better, i.e. the price will come back down again?

You are right Boff. 'Potentially' buying stuff is even easier. It's way past time for LC to actually deliver something for which investors have bought in here. We need an update on SEPCO although it seems reasonable to allow the board to go back to them with KIBO's position, presumably by the end of last week. It would be somewhat ridiculous if we then allow them a month to respond (i.e. effectively give them a new date to decide on buy-in) so I would hope for SEPCO's decision this week. If it goes into next year as was suggested earlier we will have de facto allowed a new buy-in deadline anyway.

Oh no it looks like I am wrong the market is loving it. Someone has just piled on with a £41.60 buy. Given where we are the news is a complete joke.

I have done 5 years of optimistic faith. It’s time for LC to actually deliver something of substance and that does not include 31MW of power in the UK. I thought we were an African Energy company. I also thought we were going to mine gold and Nickel to create 3 $750m businesses. Now I am supposed to get excited about MED. Is someone having a laugh?

No need to worry my pretty little head about SEPCO or the MCPP anymore or future funding at 1p a share. Happy days.

Whoopee we’ve paid to undertake due diligence and potentially to make a bid to buy 3 power sites. Amazing, wonderful, that’s brilliant.

JD - my guess is no news on any ML and SEPCO are given another extension with ‘last chance’ warning. It’s best to be realistic (which for KIBO = negative) and it helps to soften the inevitable disappointment. Plus the satellite misses you, phew.

The tenders were being opened today and had been resubmitted a while back??

It will embarrassing for LC if we just roll over but it is what I am expecting. Unless one of the other interest parties is going to imminently step in and take us to another tipping point.

SYM - I am way past taking anything said in a RNS at face value. Take s look back over the past12 months or longer . It’s astonishing. P.s. your caps lock appears to on.