Member Info for cunningfox

FFS, just listen to yourself, " sitting on the sidelines to pick up the pieces" what of totally Fu*ked up, bankrupt company, diluted to oblivion and run by a serial liar. and you're still prepared to invest in it.
Some people on here are so full of Sh*t.

Jax just popped back for his gym kit, have a good day at Kindergarten

good point Mike

You can't keep everyone happy all the time, nowt daft as folk

Really? he spent a long time listening to you if i recall

Why would that be ? please explain. It was stated quite clearly back in February that the funds for the ML had been ring fenced . I had no reason to doubt this whatsoever at the time, and clearly that was correct. For the doubters of LC , I suggest you perhaps engage with him and in person when the opportunity arises, rather than making ill informed comments with no substance.

Bulls**t eh? Glob, WTF do you know? numpty

Well LC did state that the monies required for the mining licence we set aside, thought they might have spent it on other things, clearly not. Hopefully should see some positive movement here too in the not to distant future. Perhaps the stars are aligning, seems that way .upwards and onwards

ah , a quick post from jax before school, well done sonny. Don't forget to pack your crayons and gym kit.

No mention of renewables in the first phase, pure coal, now that is surprising and encouraging, coal is clearly not dead in Africa.

looks like a fairly significant and positive step in the right direction in Moz.

Global, I personally take great offence at your insinuation that genuine investors will slowly or quickly for that matter act like it's loose change they've invested. This is not a game and it certainly isn't funny.
Your presence on here and your repeated childish and ignorant jibes are a clear reflection of your despicable character and lack of moral integrity .

mmm, why would he say that? no reason to

POWERCHINA International Group Limited (hereinafter referred to as POWERCHINA International) is the
world’s largest hydropower, electricity and infrastructure construction group with the strongest
comprehensive strength and strongest brand impression among the industry—It is the overseas business
headquarter of the Power Construction Corporation of China (POWERCHINA) and core enterprise.
With the development of its electric power business taking priority, Powerchina International employs a
twofold strategy for project contracting and investment & development, and gives priority to the
development of four business segments: hydropower and water affairs, thermal power and power grid,
traffic engineering, and new energy. At of the end of 2017, PowerChina International has set up 322 overseas
offices in 109 countries. The total contract value of projects under construction exceeds $100 billion.
Wison
Wison Group is a diversified group focusing on energy chemical services with three core businesses consisting
of Engineering Services, Offshore & Marine Engineering and New Chemical Material. The Group has
established presence in Southeast Asia, South Asia, the Middle East, Africa, North America, South America,
Europe and other regions. Its remit of business covers the storage and utilization of primary energy including
coal, oil and natural gas, onshore energy engineering services, marine engineering equipment fabrication and
downstream new chemical materials development.
As China's leading technical solution provider in energy sector, it is specialized in technologies and
engineering construction services including petrochemical, refinery, C1 chemical, central processing facility
and LNG & power generation. With multiple commercialized proprietary intellectual property rights, the
company can provide solutions to its customers covering the entire project life cycle.
Shumba
Shumba is a coal mining and energy development company based in Botswana and listed on the Botswana
Stock Exchange. Shumba has over the last couple years progressed from an exploration company to an
energy development company and sits on over 4.5 billion tonnes of thermal coal. As a major industry player,
Shumba’s mission is to satisfy the growing energy demand in the SADC region as a result of chronic power
shortages. For Shumba “Powering the Future” means addressing chronic power shortages head-on and
supplying energy to affected southern African countries in a sustainable and cost-effective manner.
Established in 2011, Shumba now owns a significant portion of advanced energy projects in Botswana and is
uniquely positioned with its strategy to develop energy projects that are unaffected by the volatility of global
commodity prices.
By order of the Board
20th August 2019

The Board of Shumba Energy Ltd (“Shumba”) is pleased to notify its shareholders and the public that Shumba has
concluded a joint venture partnership which has led to it holding 80% of the equity in Coal Petroleum Ltd
(“CoPet”).
CoPet is a private Botswana company that has been focused on the development of a commercial scale liquid
fuels production facility, called ‘Project Tsosoloso’ (“The Project”) and providing Botswana first and then
Africa with energy fuels and specialty chemicals for value added product production. CoPet has partnered
with Powerchina International Group Limited (“PowerChina International”) and Wison Group (“Wison”), both
leading Chinese EPC companies with a proven track record and recent experience in the coal-based power &
CTL technologies for the execution of the Bankable Feasibility Study (“BFS”). They are in the process of
completing the technical aspects of the BFS to a detailed and accurate capital and operating cost estimation
required to secure the project execution funding. Shumba is continuing to engage with its partners
Powerchina International and Wison on technical and project development issues, also on funding matters,
including potential equity and project financing options. Backgrounds to both Powerchina International and
Wison can be found further in the announcement.
Further Shumba has entered into a binding Coal Supply Agreement with CoPet to guarantee supply of all the
feedstock that would be required for the life of the Project from the Mabesekwa coal resource and project
situated approximately 60km south-west of Francistown. CoPet is working with Shumba’s specialists for the
integration of the Mabesekwa site geotechnical, regulatory permitting and environmental impact assessment
activities. CoPet now plans to build the proposed CTL facility at the Mabesekwa site and CoPet will now
become a managed subsidiary of Shumba.
Project Status
The baseline technical and economic assessment of the envisaged commercial scale coal to liquids (“CTL”)
plant facility and the technical direction and development of the Project within CoPet has been completed by
Holland and Hausberger (“HH”), a 10% shareholder in CoPet. HH are a highly qualified and experienced
project development and consulting engineering company in the petrochemical and natural resources
conversion process space and have been involved with the project since conceptualization and also
completed the pre-feasibility study (“PFS”) issued in 2014. Through Powerchina International and Wison the
BFS is underway following which the Project will initiate the Front-End Engineering Design (“FEED”) and then
it is envisaged will execute the balance of the project under a Lump Sum Turnkey project basis to commercial
production.
Shumba Energy Ltd
4
th Floor, Ebene Skies
Rue de L’Institut
Ebene 80817
Republic of Mauritius
Powerchina International
POWERCHINA International Group Limited (hereinafter referred to as POWERCHINA Intern

Is it this from Mmegi Online from yesterday
Minergy, Morupule, and Shumba Energy are at advanced stages of opening new mines at Medie, Palapye, and Mabesekwa respectively, all of them mainly targeting the export market.

Minergy and Morupule are scheduled to open their mines next year and 2020 respectively while Shumba Energy’ Mabesekwa Mine is at an advanced stage and due to be commissioned by 2021.

I sold my shares 2 days after the record date, that date being the date that the offer become wholly unconditional, i've challenged it, only to be told that it's not yet wholly unconditional. fecking crooked barstewards. mind you serves me right for trying to be clever, and it's gone up 30p, double whammy Doh

we have the same posters on here day after day saying the same old ****, lcout, the company is a mess, diluted to hell, no way back, etc.etc. And in the next sentence they say the share price is approaching their re entry target. Seriously, what a bunch of buffoons you are.

tweedle dum and tweedle dee, same old monotonous rhetoric
the bid is unchanged since yesterday, so actually nothing has changed.

it's weird, up and down more than a hoors drawers