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Just write 100 bagger (2400-3600p a share) lol.

“In April PM will visit China, where new agreement will be signed for more power generation. Power generation will be more satisfactory if the bank interest rate is reduced, this will involve more private organizations. Power and energy ministry secretary Ahmed Kaykous presented the welcome speech. He said the present government is always keen to produce more electricity. In last 10 years there was a revolution in power generation. In last 10 years, 100 more power stations were built, each month 3 lakh new subscribers are getting new connection. Some 87 percent people expressed their satisfaction over availability of electricity. Under Public Private Partnership, the private sector is generating more electricity than the government. To produce more power and electricity, coal based 22 projects and LNG based 9 projects are under development.”

OMG searcher she’s going to give us the GL!! Deal done in China!!

“Several Chinese companies and various sectors, including mining and transportation, are poised to benefit from that development, the report said.”

“China will likely "escalate the loan and shorten the project approval" process to quicken the pace of infrastructure building "so as to diversify trade and economic activities there away from the U.S.," Citi analysts said in the report.”

https://www.google.co.uk/amp/s/www.cnbc.com/amp/2018/12/12/china-likely-to-speed-up-belt-and-road-projects-amid-trade-war-citi.html China will likely speed up its Belt and Road projects amid US tensions: Citi Kelly Olsen Published 2:27 AM ET Wed, 12 Dec 2018 CNBC.com China will likely speed up infrastructure projects in its ambitious Belt and Road Initiative amid trade tensions with the United States, Citi said in a report Tuesday. Chinese construction, transportation, mining and finance companies are poised to benefit, it said. Citi suggested that China may be forced to modify the project into a "kinder, gentler" version that would sit better with its critics. Railway workers inspect a Kenya Railways Corp. freight train before departure from the port station in Mombasa, Kenya, on Saturday, Sept. 1, 2018. Bloomberg | Bloomberg | Getty Images Railway workers inspect a Kenya Railways Corp. freight train before departure from the port station in Mombasa, Kenya, on Saturday, Sept. 1, 2018. China will likely speed up infrastructure projects in its ambitious Belt and Road Initiative amid trade tensions with the United States, Citi said in a report Tuesday. Several Chinese companies and various sectors, including mining and transportation, are poised to benefit from that development, the report said. The Asian giant announced the BRI in 2013, aimed at recreating and modernizing ancient Silk Road trade routes. It has become the signature foreign policy program of Chinese President Xi Jinping's government. The program is an ambitious infrastructure project aimed at connecting more than 60 countries in Asia, Europe, Africa and the Middle East through overland and maritime routes. But it has been widely criticized, amid concerns that the high debt incurred for projects might become unsustainable for countries such as Sri Lanka, and others could face risks due to political changes, including those in Malaysia. China has elevated the program to a top national strategy, Citi said, adding that tensions with the U.S. mean Beijing is prepared to take a different approach in the construction projects in order to expand its influence in countries that are part of the initiative. China will likely "escalate the loan and shorten the project approval" process to quicken the pace of infrastructure building "so as to diversify trade and economic activities there away from the U.S.," Citi analysts said in the report. "We believe the BRI will primarily benefit the railway sector, given China's distinct advantages globally in terms of technology and cost in railway infrastructure," they said, noting that building of power plants, telecommunications facilities and ports should also increase. 'Kinder, gentler' Some Chinese firms stand to benefit from this, the report said, stating the examples of China Railway Group and China Railway Construction. Others include Chinese train manufacturer CRRC — which

Posted that earlier ss.

Correct Redeyemines, they have faffed a lot in the past kicking the mining down the road every time. Will they want to upset the Chinese and they’re inward investment. Imo the approval will be granted even if they try to dither through political leverage against other development projects.

“Around half the future power plants are supposed to run on coal under the existing PSMP. Electricity generation costs at different power plants also vary significantly.” Well we know our leccy will be low cost from The Phulbari Mine and Energy Project.

....... the projected 24!!! https://thefinancialexpress.com.bd/trade/reliance-on-coal-may-ease-in-revised-power-master-plan-1549184461 Looks like they are focussing in on coL plants they can actually supply coal to!! Local coal, and the coastal ones being built and critical other coastal plants.

Yes pappiklon, I remember that detailed article on the AEC binding Sovereign contract with GoB. It’s good that you posted it for everyone to gain more confidence with. I posted last night a snippet about GoB finally ending the stalemate Local coal and in that it said that the GoB would mine their own coal. I noted the other day your response from GCM regarding their interpretation of the article that the GoB were meaning all mines except for Phulbari as you have clearly shown there is a strong contract in place with GCM. With the POWERCHINA and China Ghazouba deals solidly in place (Shujja the article you posted shows the strength of / intent a contract with a Chinese company has in our case), this now MUST mean the GL is guaranteed to have been given in closed circles. The Chinese would not have entered into the JVA’s without that assurance, not based on Shujja’s article on “good faith”. Redeyemines, let’s have a discount sp to the 100 bagger in ground valuation in T/O post GL. I have now raised my expectations of a T/O sp to 1000p+. Especially if the coal plants are approved with 80% GCM ownership!!! The current market cap is a joke!!

“The government's decision to develop new coal mines on its own deserves appreciation in the sense that the authorities are going to break the decade-old stalemate over the issue. ” This decision by the GoB should not be underestimated. We have had a stalemate. The Chinese deals show this is now good to go. It seems the longtermers understand the news. When the ii are allowed to buy then it will be fun.

Exactly Redeyemines. It’s going to be some ride lol. Hold on - as long as you can.

Shujja wrote: “Based on Centennial's marketable reserves (as not all coal can be extracted, different amounts recovered due to mix of mining methods etc) of 404mt this works out at roughly $5.3/t. Some in-ground valuations have been at $8/t. Difference between in-ground and production value of reserves depends among other things”. So what you stated is once the GL is given if someone wanted to buy the company just for the ‘in-ground’ valuation they would have to pay between $5.3 to $8 per tonne. At $1.29 per GBP that gives an in-ground valuation of $3031.6 million to $4576 million equalling 2350 million 3547.3 million pounds. That’s 2.35bn to 3.547bn GBP. Meaning at 98 mill shares: 2398p to 3620p per share. Have I got that math right Shujja? That’s for a T/O immediately after GL not including any value for the JVA with currently 4000MW of power plant. Weyhey!! Makes a mockery of current price!!

Paesano was a genius in working valuations. You need to take note profit. You are sounding like you’ve sold again ;-)

Wow. I wonde how Paesano is. He used to be a major contributor to the iii Gcm bb. All those figures still stack up. Ridiculous sp / MCap!!

Is it a leap year :-D?

John, one of the actions for PC from the JVA is to get the project as part of the B&R Initiative. So I think it obviously will be as it’s a big deal for BD and for China (12.5bn USD) so watch out for the very positive RNS on this in the next few weeks.

All I expect from now is a squeeze upwards through resistances which will accelerate towards certain dates. End of Feb being the next. It’s a win win for buyers of Kilkenny stock over the next 6-12 months. As you know, I don’t look at the sp, I look at the market cap versus peers. It’s way way too low. Even at 100mn GBP (100p sp) it’s way way too low.

Kinabalu, I don’t have an answer for you. Only they know why. Maybe they need the money and have just run out of time.