Member Info for drax

not a pretty sight

Not just the big mouth big man...... the entire government could power several wind farms and still have reserves to blow up balloons to celebrate their new found wealth.

In the absence of any information from the company and the long delay since it was expected it is reasonable to assume that the parties involved in negotiation with Kibo cannot agree a tariff that makes the project viable. Therefore, this is maybe dead in the water. Who knows?

In the absence of any information from the company and the long delay since it was expected it is reasonable to assume that the parties involved in negotiation with Kibo cannot agree a tariff that makes the project viable. Therefore this is maybe dead in the water. Who knows?

Completely agree

Only a Business with The Mad Hatter as CEO would start investing large sums of money in a project when only a temporary licence has been granted.

I think you are counting your chickens before the eggs are even laid.

I think that is very disrespectful. The citizens of these countries are mislead by an elite band of politicians who promise much and deliver very little. Citizens are not generally very sophisticated and are easily mislead. Trump has never said anything worth repeating.

When visiting these countries the is a tangible difference in the social and economic climate. Botswana is first world when compared to Tanzania

Words. Simply more words. If GDP had anything to do with the quantity of bull-dust words Tanzania would be one of the richest nations on earth.

Correct. What really matters is that the company continually puts out timelines that clearly cannot be met. It is very concerning that they seem to possess so little foresight. In most areas of business constant failure is met with the boot.

I did not include you in the "us* The post very clearly refers to "the realist on this board."

My point is that LC should have taken account of all the negative scenarios before rushing out a positive and in accurate RNS. I guess he knew this is Africa!!

Read the post "The time has certainly arrived for us to EXPECT an explanatory statement from the company." The company only rarely replies to e-mails. It should not be necessary for investors, owners of the company, to ask for information about promises that do not materialise.

All the ramping in the world will not convince the objective investor. The real situation is simple, we were promised the PPA at end of quarter one. We were then informed that a further meeting was required to conclude the details. The PPA deadline passed without so much as a courteous comment from the company and there was no feed back from the subsequent meeting. Of course these are complex negotiations and take time. Savvy investors will know that and accept the complexity. However, LC also knows the hurdles that need to be crossed. Despite all of the above LC seemed to have little doubt that the quarter one deadline would be met. I, and other realist on this board, did not believe it would. Investors are left wondering if a man who so readily puts out timelines that other less informed parties doubt, is actually fit for purpose. The time has certainly arrived for us to expect an explanatory statement from the company.

Fear is setting in and a mass dumping of shares in this stagnant situation will soon start happening. As for the gov't, they are a complete waste of space.

If human wind could generate electricity this government would solve the supply shortage. Electric trains, industrialisation etc.etc. It is just talk to please the electorate, not intentions.

Turn the lights out as you leave. On second thoughts, the lights are not on..... because there is no electricity. Worry not, it is the governments number one priority to increase the supply of electricity. Thank god it is not the number two priority!!

You would do well to go get a life and worry not about me but........... your investment here.

Have a great weekend and do not allow redundant "Happy Clappers" to wind you up. Look forward to your reinvestment next week when the ask will drop to your target price unless news is forthcoming.