Member Info for CF73

Good post beengenius, my view roo.

beengenius, yeah, GR said it would be sorted by Friday, at the latest.

IPO can take place fairly quickly after announcement. GR not being able to comment much suggests that he's been told be them not to say anything and so must be close to movement on this. Tough day.

...RHA ownership conclusion by end of next week should lead to key progress, especially on JV's...

...however, was hoping to hear something on Circum, disappointed there. GR said that there was a press release due soon. Possibly a formal news released by Circum? Can only assume therefore there is progress and things are moving.

chippy, come on now. That happened because some fecker on the inside leaked that a placing was taking place, in turn tanking the SP. And as you will already know, placings are calculated according to the prevailing SP and so the whole deal was put in jeopardy.

Scott Fletcher has gone from 3.05% to 4.07%

1% of the shares in issue is about 2.8million shares. So that effectively ties up another 2.8million shares.

Free float getting smaller all the time.

Thanks Scott! :-)

An excellent vote of confidence by Scott Fletcher! You can bet if someone's got 3% and then goes to 4%, at this stage, they're very confident and that they have good reason to be. Good luck all! :-)

I'm encouraged by today's news. But is important to get more detail from Webinar this afternoon. Good luck all!

Today's news was very good. We've been working very and have made significant progress. Also looking forward to news around Circum at the Webinar. I hear we'll hear something.

Filter this Donald Tramp shiite

The worry for many folk was around whether RHA could be profitable. Especially shut down and its putting into care and maintain. And especially since we put so much into it an it being a key piece of our portfolio Now we know It will be profitable. Fairly easily. And with much more to come.

These results are great, showing the way to profitable mining/production at RHA. A lot of works gone into this. We can be confident that we have valuable and economic resource at RHA. This was critical to establish. JV partners will help fund further development Happy and looking forward. Good luck all!

Don't know the sector inside out, indeed, far from it. But have done a lot of research on GE over the past year (was trying to get a sense of how serous they were).

Power Division is struggling and are therefore wanting to turn it around. Purchase of Alstom at near $13billion in total forces them to work on this turnaround. Coal is a necessary evil in the developing world. Large scale industrialization can't occur without. Many of those developing world countries have yet to properly utilise their coal deposits - and seems clear they want to. Its cheap and untapped. GE super-critical tech in turn limiting environmental issues.

In the case of Ncondezi, it's an integrated project that will bring them an initial market for their tech, equipment and infrastructure, and expertise; and then bring them year-on-year revenues. Then add the potential to scale up, from the current proposed 300MW to possibly 1800MW, with coal available to them at what it costs for them to extract.

The NPV on this project must be staggering (all the way from 300MW to 1800MW).

As far as I can tell, GE badly need this. And clearly, by what we hear about the overall JDA process, they remain involved with a view to making it a reality. Nothing I've heard, including the good research that others have done, suggests otherwise.

Pyro, thanks for that helpful post.

I wonder if there are ways in which ZM can formally steady the ship a bit without necessarily compromising whatever plan he has in place??

Flow rates?

Or that likely subject to NDA?

Then perhaps confirmation that they are paying YA?

Something else?

From the LSE interview that ZM did (can find it on Youtube), he said that the well testing was generating enough revenue to cover operational costs and to pay back the monthly $265, 000.

If this remains correct, then we shouldn't be needing a fundraising, especially as we have commitments by external parties to fund wells.

Since then, of course, we've had the debacle around payments to YA.

So, I guess it's important to find out whether or not the above is the case. Are we generating sufficient revenue to cover costs and to pay YA. As far as I know, there is no reason they should not clarify.

We have been in ongoing discussions with parties that have the experience, those resources and the networks (including to the market), talking about offtake to JVs.

Given the news blackout, at such a crucial moment, this upcoming meeting is now extremely timely. Don't think it's necessary for me to ask as it's quite obvious, but would be great if at the meeting FRR/ZM could be pressed on why there is so little detail in the public domain and when we might eventually here (naturally, conveying that the sooner the better). Of course, we may well hear before then - as there's still time - but looks unlikely.

Perhaps cheeky of me to put that out there, as I won't be there, but believe me, it would be appreciated by so many. Immense thanks in advance!

To the state the quite obvious, the remaining two months of the year are pivotal. Yeah, I know....we been saying that for quite some time. However, throughout this time, things have continued to evolve. As a result, we are moving towards a new one of the key fronts, if not more.

I am with Microtan on this The next two months are what I am looking at, to help me ascertain progress from here. If it hasn't worked out, I will re-evaluate. Until, I'm also looking ahead...

Good luck all!

It's fairly simple, using more than one ID to post on here, whether to ramp or deramp, let alone to impersonate someone, is bang out of order. This is not to say anyone definitely has but to make a more general point. Sorry to interject.

We're due an.important update on CIRCUM tomorrow. We know that GR had met with a senior member of the BoD of CIRCUM last week. Been a long time since we got heads up on what's been going on. 'Word on the streets' has been of significant progress, but need to hear from GR in a more official capacity.