Member Info for Caterham7

Fill or Kill for big buys is working on HL

That's my 288k buy. Now have over a million in my ISA, so fingers crossed for RNS.

I was under impression that World Bank agreed to fund the interconnector, because GE's coal tech produces emissions that satisfy World Banks very stringent emissions threshold for project funding. Are there other providers out there with coal kit providing similar low emissions?

Maybe MMs are filling big buy order for Mr. Fletcher :)

My £10k buys didn't move the share price despite the very low volume :(

Too much momentum behind this to fail, so just took two £5k top ups. Cant see much downside from here.

Cant buy £10k on HL, so dropped it to £5k and still none available.

Chinese would also build it significantly cheaper than GE

Scott Fletcher will be on phone to GE CEO :)

I agree Badeli - there has been much press speculation for last two years regards GE exiting coal business, so yesterday’s article will be no big surprise to investors, Hanno or CMEC.
1. I suspect Hanno / CMEC was given a heads-up from GE many months ago, yet the Tete project process still rolls forward.
2. GE can’t afford to p*ss off Chinese government (they are potentially huge renewables customers).
3. Wouldn’t be surprised to learn that GE sells its coal engineering division (IP, patents, etc) to the Chinese.
I doubt Hanno was told of exact timing of yesterday’s press article, so may not get an RNS out at 7.00 this morning, in which case the SP will take a battering today.
I hold approx 0.5% of NCCL, but am not overly concerned by the GE news.

GGG - I was holding a smidge over 2% up till about a year ago. Lack of action, opportunity cost, sleepless nights, etc, made me reduce to current 0.5%. Now, I think NCCL is looking really good (I won’t say slam dunk because this is AIM!) - the news flow from many independent sources is aligning into a very compelling story. Hanno is on a roll - has just taken longer than expected. I plan to start hoovering shares again.

Applegarth - it was your exuberant optimism that tempted me into BOU. I have lost £12k in delisted BOU stock.

Interesting article on current state of gold ETF market, written by one of the more technically astute gold bulls. Talks mainly about GLD with clear read across to GDX (and GDXJ).

https://goldseek.com/article/big-gold-etf-buying-mia

If you don’t want to wade through the technical details (very interesting), then skip to his two final summary paragraphs.

Iampedusa - you are wrong. Under the terms of any global standard JOA, both parties will be protected from the other party deciding to renege on the deal. Bit like signing a marriage certificate - very expensive to break the deal,

Topped up £10k at 4.72p - unbelievable! Was expecting circa 6p with SHA TS.

Maybe yesterdays big delayed trades were in the know!

Very interesting article Extrader. As I said many months ago - no point PIs moaning about AT's lack of results, the Chinese will move this project forward at their own pace, which according to this article (and my own experience), is unregulated, largely uncoordinated, and all a bit finger-in-the-air experimental. I have little doubt this project will happen, and ZIOC investors will do extremely well, but bucket loads of patience needed and realisation that ZIOC are not in the driving seat.

I agree with TheHoopedBaron - Always did strike me as odd that Hanno appeared to make a rather random investment in his brothers solar company. Just perhaps, many many months ago, Hanno had a fact founded theory that CMEC had aspirations to get into energy storage. If that is the case, no better way to get into bed with CMEC than align your company strategies.

Certainly intriguing.

If the “whole business has gone sour” nomad would have forced an RNS, and as MM says, CB said complete opposite four weeks ago. The beauty of GLR is that project diversity offers a safety net. If Star Zinc has gone pear shaped, that’s a real shame, but current market cap doesn’t even reflect KCB potential, let alone the other projects.

If Colin can go from soil sampling to drilling, in an astonishing couple of couples, then me and my 7.5mln shares will be super delighted to be proven wrong! That really would be setting industry leading project pace. Colin - please can we have same pace at Star Zinc. Thanks in advance.