Member Info for CF73

Indeed, been noticing that too. Quite a number of sells, and all of them soaked up... Something's got to be happening....

Appreciate the good words guys but there have been some folks here, holding the fort, for a long while. Appreciate everyone else's insights and enthusiasm for NCCL. ...250, 000 buy just gone through :-)

Nelly, will be hidden on NEX. Whole load of buys just went through bang on the mid price, too. Look good at the moment.

...earlier buys were being reported as sells as they were coming in under the mid-price. Now the buys coming in over the mid. ...think we're ready to move... ...good luck folks!!

https://getyarn.io/yarn-clip/26e33146-0dfb-4436-82e5-4f9faaccbbd1

Worthwhile reposting this as it is hugely relevant for thinking about KIBO and GE and the possible ways this could happen. KIBO need GE, but lets understand that, for their turnaround, GE need projects like this, like Lamu and the many others ----------------------- https://www.businessdailyafrica.com/corporate/companies/GE-buys-Sh40bn-stake-in-Lamu-coal-plant/4003102-4566090-11crxxm/index.html American energy firm GE Power has bought a Sh40 billion stake in the Centum-fronted 1,050MW Lamu coal-fired electricity generation plant. GE Power's Chief Commercial Manager Michael Keroulle yesterday said the deal will see the American conglomerate allocated 20 per cent shares of Amu Power. The fresh capital injection will be used for acquisition of plant machinery, a boiler and steam turbine generator built using GEs latest clean coal technology as well as air quality control systems. 'The technology greatly reduces emission of Sulphur Oxides, Nitrogen Oxides and particulates (dusts) to levels comparable to gas fired power plants', he said. Mr Keroulles spoke after he represented GE in signing a deal with the project's developer Gulf Energy. The coal plant is to be set up in the next 42 months. It is expected to create 2,000 direct jobs and employ another 14,000 indirectly within Lamu. Amu Power Chief Executive Francis Njogu said GE's entry through allocation of new shares will enable Amu Power to retain its mix of shareholders notably Centum Investment Company, Gulf Energy, China Huadian, Sichuan Number 3 Power Construction Company and Sichuan Electric Power Design and Consulting Company. The firm has a contract with the Kenyan government project where it expects to deliver its power to the national grid at US Cents 7.81/kWh for the next 20 years. "GE is at the heart of Amu Power and its latest technology will address concerns raised by locals on pollution while enabling us to efficiently produce power with the least downtimes. "They (GE) will not only supply and install the plant but will offer aftersales services during the tenure of the project,' said Mr Njogu. The project has faced criticism and severe opposition where locals backed by environmentalists have contested its implementation, especially after Amu Power obtained National Environmental Management Authority (Nema) approvals. But its implementation suffered a setback after the project's opponents filed an appeal at the Nema Tribunal in March 2016. The Amu Power boss expressed optimism that the pending appeal before the Nema Tribunal will be concluded soon to enable them embark on the project. "We have wasted 4 years but GE's revolutionary technology has been worth the long wait. The technology is far much better than what GE has installed in other coal-fired plants across the world" he said.

This article is great for thinking about how GE have helped with the Tariff with their optimisations. Thinking about the recent tweaks and optimisations at NCCL that have contributed to a Financial Model (FM) and the competitive tariff that's emerged out of that. Can only believe that the FM is nailed on and so is the Tariff. ----------------------------------------- https://www.cnbcafrica.com/apo/2018/05/16/kenyas-amu-power-signs-clean-coal-technology-agreement-with-ge/ "The Lamu Coal Fired Power Plant project is part of the GOK's vital and crucial initiative in the energy sector to address present electricity affordability and reliability challenges. At a tariff of US Cents 7.81/kWh, the Lamu Coal Fired Power Plant will provide base-load capacity at the lowest non-subsidized tariff in the country. Additionally, it will have the flexibility to profile the generation according to the daily demand pattern, compared to other power production technologies that are inflexible; reducing generation costs by 12% to 36%."

Wimbo, I know you're one of the particularly knowledgeable ones here and have been holding the fort for a while. Regarding GE, there'll have been a lot of contact between KIBO and GE, but LC not in a position to say. As mentioned earlier, they will try to get away with saying a little as possible until the time is right. GE aren't messing about at the moment. Folk should background reading. Gives a sense of how motivated they are in the context of some tough years. I held here way back and have been waiting to time my reentry. Want to build a holding before it pops but don't think I'll be able to. Good luck to all!

Just want to wake up one morning and see that RNS followed by 300% climb from 25p :-) I would just love it!

Another link: http://www.scmp.com/business/companies/article/2095009/ge-sees-new-silk-road-stroke-luck-its-business [...] "With the state-owned Power Construction Corporation of China, GE is looking at building power plants and grids in African nations such as Nigeria and Kenya." [...]

Continued: With the win-win cooperation at its core, the BRI is open to and also welcomes the participation of all companies that are keen to be involved in the international business arena, including both Chinese companies and those companies from other countries (not only those countries along the belt/road). The involvement of non-Chinese companies will not only bring great value to the success of the BRI, but will also generate many business opportunities for these companies, especially considering that most of the countries along the belt/road are still less developed and have great potential. For U.S.-based multinational companies, their advanced experience in international investments and projects will be of tremendous value to the BRI and enable them to be a key partner with Chinese companies and companies of other countries along the belt/road in a variety of sectors such as banking, financial support, consulting, construction, logistics, infrastructure engineering and manufacturing. In fact, there are already some successful examples of cooperation between Chinese companies and U.S. companies in the BRI-related projects, including: On Nov.9, 2017, General Electric (GE) and the Silk Road Fund (founded in December 2014 and jointly backed by China�s foreign exchange reserves, China Investment Corporation, the Export-Import Bank of China and China Development Bank) announced a joint energy infrastructure investment platform to invest in infrastructure projects in the fields of power grid, renewable energy, and oil and gas, in countries and regions along the belt/road. Since 2015, GE has been working closely with China National Machinery Industry Corporation (also known as Sinomach) on the �Power Africa� project. In 2015 and 2016, GE and China Machinery Engineering Corporation (CMEC), one of the member enterprises of Sinomach, both teamed up with Kipeto Energy Limited to develop plans to build a 100-megawatt (MW) wind park in Kenya's Kajiado County. Under this project, GE acts as the sole equipment supplier for the project and has sealed a $155 million deal to supply 60 of its 1.7-103 wind turbines. The contract also calls for GE to service the plant over a 15-year period. Along with the business involvement and progress, it is foreseeable that the local presence of U.S. companies in countries along the belt/road may become inevitable. This will not only create jobs for people in these countries, but may also create jobs for people in the U.S. due to the need to send U.S. talent to the newly established local offices. The BRI is also a rare opportunity for Chinese companies to go abroad and participate in this global phenomenon, and the U.S. is undoubtedly one of the most important and attractive destinations. Chinese and U.S. companies can share complementary advantages to make full use of their own capacities and build a more complete industry chain. [...]

https://www.lexology.com/library/detail.aspx?g=959e171b-44b4-4e2f-9a89-7cef99f82de6 China January 9 2018 Bo Zhou, Caitlin Lane and Antonia Grant The Belt and Road Initiative (BRI), formally announced by Chinese President Xi Jinping in 2013, is China�s proposal to build a Silk Road economic belt and a 21st century maritime Silk Road in cooperation with related countries. This article discusses the need for localised legal services with international expertise stemming from the cross-border opportunities created by the BRI. The following article was first published on Law360.com on 3 January 2018. The Belt and Road Initiative (BRI), which was formally announced by Chinese President Xi Jinping during his visits to Central and Southeast Asia in September and October 2013, is China�s proposal to build a Silk Road economic belt and a 21st century maritime Silk Road in cooperation with related countries. The belt refers to the land route starting in western China that crosses through Central Asia to the Middle East, while the road refers to the maritime route around Southeast Asia, the Persian Gulf and the Horn of Africa. The BRI is an immensely ambitious campaign, which aims to unlock massive trade potential and bolster economic development across Asia and beyond, especially China�s neighboring countries. At its initial stage, the BRI�s focus is on the infrastructure, such as the construction of railways and ports, which has already created new markets for Chinese companies. In its long term, the BRI aims to boost not only trade and investment, but also transnational interactions in terms of culture, education, science and technology, tourism, and other �soft� areas. In October 2017, the Communist Party of China (CPC) adopted a resolution during its national congress to incorporate pushing for the BRI development into its constitution. This further demonstrates that the BRI is one of the most important matters on the agenda of China�s leading party.

This is some of the research we have been doing - apologies if you have all seen this before but it has been good for building up the picture of what GE and others have been doing. https://www.caixinglobal.com/2017-11-29/joining-hands-for-a-brighter-future-ge-and-chinese-partners-along-the-belt-and-road-101177779.html

Andrew, not sure there can be a huge amount inferred out of this '�innovative� award from GE' -- other than it being a very useful thing to have confirmation that you have been noticed by GE, who happen to be a partner and who are mobilising their tech, infrastructure, networks and relationships, and financing, across Africa, Asia and elsewhere. The award is a helpful pointer but it's up to folk to decide for themselves as to what it really tells us about what might be going on behind the scenes. Be ready to accept that GE and KIBO will tell you as little as they can until the times right (that is, if it ever happens). This is sensitive stuff. At NCCL, there's been nothing other than the NCCL RNSs, and podcasts telling us that GE are involved and that things are moving well. The company is closing out the deal over a time line of very near term milestones. I mention NCCL because they are Coal2Power play like KIBO, involving GE in a big way. And that there may be clues there as to how things may pan out over here. As always DYOR. These are just my own views, based my own and other trusted contributors' research and analysis. Good luck all!

Lol Laguna, nothing as serious as that :-) CF are my initials and 73 gives away my age.

GE are focusing massively on revving up their previously struggling power business. They're working to turn things around after a difficult few years - including where they have made 'bad' acquisitions (though Alstom will come good) - and have hit upon the formula. GE have, for example, worked CMEC and other Chinese partners realising projects in Africa. The emerging markets - third and developing world - has phenomenal growth upside. GE is positioning itself big time. The Lamu deal is an insight into what's coming and what it might look like. Interesting too that that GE senior executive/manager from the Lamu deal was also seem recently with LC. Interesting times ahead.

Actually, I explained that wrong. If NCCL were say sold for $571million (being the speculated like for like translated across from Lamu), that'd equate to £1.52 per share. I'll still take 75p pee share. Anything else a bonus ;-)

steven, that $571million translated to NCCL like for like comes to £1.52 per share. Head spinning stuff! Going to stick with me 75p for now :-))

Mozambique open gur business, can't see em turning us down, no sirreee. This article published just today, 7hrs ago. http://www.kbc.co.ke/mozambique-uk-firm-sign-power-generation-pact/ Mozambique, UK firm sign power generation pact The Government of Mozambique has signed a Memorandum of Understanding (MoU) with Great Lakes Africa Energy (GLAE) to generate electric power using natural gas for domestic use at an estimated value of US $400 million. The agreement signed last Friday in Maputo, Mozambique with GLAE, a United Kingdom registered Pan African energy solutions provider, will involve the construction of a 250 megawatt gas fired electricity generating power plant. As part of the agreement, GLAE will develop, finance, build, own and operate the power plant to be fed with natural gas supplies from Mozambique’s Rovuma Basin. [...]

*monster, clearly ;-)