Less than you think. It's already with potential clients.
https://www.spglobal.com/marketintelligence/en/news-insights/trending/5wdjqmicom7oqeb3vt8mgq2 …
Pan-African multilateral development finance institution Africa Finance Corp. is set to invest about US$205 million in high-grade bauxite reserves owned by the Guinea-focused Alufer Mining Ltd., the investment firm said Feb. 2.
The company currently holds a ratified mining convention for the Bel Air mine in Guinea, as well as licenses linked to the Labe project in central Guinea.
The projects host a combined JORC-compliant mineral resource of over 3 billion tonnes, and the company expects to produce 5.5 tonnes per annum of bauxite from Bel Air within 18 months to 24 months.
According to the statement, the US$205 million deal will be one of the largest foreign investments in the country since the 2014 Ebola crisis.
That was two years ago. AAM assets are 1.4bn bauxite so should sell for $100m?
Maybe lot more. $200m JV in 2016 https://www.google.co.uk/amp/s/www.irishtimes.com/business/energy-and-resources/tipperary-based-anglo-african-minerals-in-200m-joint-venture-1.2813863%3fmode=amp
More than a tad BC. The Chairman of CPEC has laid it out. Rise here this week could put NCYT in the shade.
Naheed Memon just retweeted it - https://twitter.com/AsimSBajwa/status/1231884329980170240
Buys
This week. Big NEPRA Energy Conference in Pakistan. Chinese ambo and other officials there.
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Quick question if I may. I saw here - http://cpec.gov.pk/energy - that the only Energy Priority Project yet to be signed off is the 1320MW Thar coal based Power Project, Thar Block VI, Sind & wondered if the NPT/LOI sign-off had happened.
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Asim Saleem Bajwa
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@AsimSBajwa
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Replying to @Mausaeus
Block-1 & 6 in focus now and we are making progress. You will know it in coming days
10:11 am - 24 Feb 2020
He's the chairman of CPEC
https://www.dawn.com/news/1519047
Can't believe he replied!
https://twitter.com/AsimSBajwa/status/1231884329980170240
NEPRA to organize Energy Week on Monday
PAKISTAN
By TppNewsOfficial On Feb 23, 2020
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ISLAMABAD, (UrduPoint / Pakistan Point News – 23rd Feb, 2020 ) :National Electric Power Regulatory Authority (NEPRA) is organizing Energy Week aimed at brainstorming the challenges and way forward for the power sector of the Pakistan here from Monday (February 24-28).
Sessions regarding China Pak Economic Corridor (CPEC), Generation, Transmission Distribution and Innovation will be held during the Energy Week.
These sessions will be attended by Ambassadors, Federal Ministers, Federal and Provincial Secretaries as well as national and international experts on energy.
The inaugural and CPEC session will be on Monday to be addressed by Chairman NEPRA Tauseef H. Farooqi, Ambassador of China Mr. Yao Jing, Chairman CPEC Authority Lt. General (Rtd) Asim Saleem Bajwa, Chairman WAPDA Lt. General (Rtd) Muzammil Hussain , Senator Mushahid Hussian Syed, and Federal Minister for Energy Omar Ayub Khan.
CPEC is playing a vital role in reshaping the power sector of Pakistan. Considerable number of hydro, coal and renewable energy projects are being executed under this program.
Generation of Power in Pakistan is dependent on fossil fuels (local & imported), hydel and renewables. The power is transmitted through vast network of transmission lines and grid stations.
The electricity is provided to end-consumers through the distribution network. The national and international energy experts in the above sessions of energy week will deliberate upon the issues and challenges in the generation, transmission and distribution sectors; and will make suggestions for making these fields efficient, economical, affordable and reliable.
The NEPRA Energy Week will provide an interface for utilities, energy providers, technology companies, national and international energy experts and key professionals of public and private sector organizations of Pakistan for the innovative solutions through knowledge sharing.
The Energy Week will conclude on Friday (February 28).
Snippet buried on @sindhcmhouse on Facebook here - https://www.facebook.com/SindhCMHouse/videos/127139525350635/ …
"Decision made to meet all the requirements of Block 6 and Block 1 in the next 2 months"
Well I'm still here for one. Do think it's a good option for a gold play in anyone's pf. Maximum outlay is £6m to get to full production. That's an insanely small anount given the upside here. But hey, this is AIM etc.
Remind me when the last placing was. On wait, it was 2016. Cornerstone investors finance this company. But you knew that or maybe you didn’t before you opened your short and now you’re sh*tting it.
Which it will.
And executed this week Apps.
What I mean is I've spent the last week emailing and phoning about 50 people in Ghana and it's been issued.
It has. They just haven't announced it yet.