Member Info for garykc

With the total lack of any news, there is nothing stopping this sliding into the 1p’s

Another day of doldrums coming up.

Another RNS out. Termination of EBT's to conserve funds. Is this worrying anyone?.

But why now? What is the motive behind it?
Fully understand where the company is at present.
Where are we going?
EDM have already given the power transmission line to and Indian company what is to stop them using CMEC and NCCL now?

RNS out this morning. Don't get too excited, corporate presentation for fund raising I would assume

Groan. Another day, another dollar loss!!!! No RNS. Keep trawling EDM and CMEC websites in the hope of gleaning any information.

Spot on G_G_G. Funding fears can be allayed by buying the warrants up now to show commitment etc. If they don't, what does that show the market??

Another day with no RNS. Folks over on ADVFN are getting very twitchy now

Surely will be able to raise funds by exercising warrants?
Would be good if other Directors in the business put there hand in their pockets too. Two of them have no vested interest in shares at all!!!!

RNS out. Do i really want to open it??

Hopefully those two 1.1m are buys reported late!!!!

Surely though a 15m holding and selling must warrant a TR1 holding notification?

I added a modest 202k this afternoon too. Every little helps................

Mon, 06/07/2021 - 20:30 to Wed, 06/30/2021 - 18:15
The Chairman of the Board of Directors, Eng. Marcelino Gildo Alberto, recently climbed the province of Tete, in central pa í s, in order to assess the degree of realization of ongoing projects, listen major customer concerns and have a closer interaction with the Company's employees.

During the visit, it was found that the ASC of Tete has the highest rate of electricity losses, at 37%, when the Company 's annual target is 30%. For this purpose, the EDM PCA recommended the reinforcement of “intensification of inspections, exchange of meters integrated by split meter and monitoring of overloaded PT customers. Still, there are improvements because at is the last year the losses were 41%, so we are doing well, but it takes more effort. "

Despite this challenge, ASC in Tete is making progress with regard to new connections, and it is expected that the expansion of electricity supply will benefit around 24 thousand new customers this year. It is also known that, within the scope of the Energy for All Programme, EDM, in Tete, will this year electrify four administrative posts, namely, Mucumbura, Zobu é , Chiputo and Charre. Tete, included audiences with the Governor and Secretary of State of Tete Province, visits to major customers, namely Mozambique Leaf Tobacco, Fábrica de Explosivos, Mineradora Jindal and the Mobile substation of Tete, as well as the substations of Moatize and Manje .

There is a lot to go through and to be honest, I really don't understand it all so hopefully someone can give a quick overview once digested.

RNS out. Not what i was expecting. More Solar stuff.

Come on MM's, a couple of small sells should warrant at least a 10% drop surely!!!!!

I thought that last Friday!!!!

Nor I...................

RNS out. Signing of Solar agreement moving forward. Thoughts on the open??