Thegame, you said you wanted a healthy discussion and you have had one. It seems that you have one opinion (unable to change your view when presented with facts) while the rest of us have a different view. Probably best to just leave it now.
Thegame, try this link for BlackRock's MOU with Tanesco, hopefully it will clarify the infrastructure for you. The second link is for the railway MOU but also mentions the Tanesco agreement.
https://m.miningweekly.com/article/black-rock-advances-power-talks-in-tanzania-2022-12-05
https://www.miningmagazine.com/transport/news/1450264/black-rock-secures-rail-deal-for-mahenge
Shaw's have initiated coverage of BlackRock with a 12 month target price of $0.46 aud, currently $0.09 aud. Please find the link to the broker note below.
Interestingly for all the naysayers to ACPs current approach BlackRock are paying $33m for 70km of power lines from the new hydro dam, a cost that ACP will not have to bear. That would have virtually doubled our CAPEX on its own!
https://publications.shawandpartners.com.au/downloadreport.aspx?hash=6065d54136964eb8baa51c591fd9620f
Wasa,
This was the last update as to MBs holding, which shows just over 53m at 9.74%
https://www.lse.co.uk/rns/ACP/holdings-in-company-cr4txk9kvaaqppx.html
Wasa,
I totally agree on the figures with the exception that I really believe 20p is the worst outcome from here. On my calculations 30p is probable.
With regards to Amtech I filtered him a while ago, due to his repetitive nonsense. Leathal I have just filtered as clearly investing is not for him! He does nothing than blame the board for his own investment decision and has nothing of value to add to this board.
Leathal, you do come across as an emotional investor. You need to trust your research, although it strikes me that you might not have done any.
The economics on this are the best around and with MB invested to the tune of nearly 10% it really is a question of time. I was expecting this to be producing by 2021 (the original plan). Am I frustrated over the time taken and current share price yes. Do I understand the reasons for this, yes I do. Have fun added more over the years, yes I have.
Long story short, frustrated, understand why and more importantly my reasons for investing still apply.
Ella,
The water storage query you highlighted is solved!
https://twitter.com/KavangoRes/status/1664276954403708932?t=x4srgDnsXVX8FQGNGo1SEw&s=19
Dee, I don't think they will mind too much missing out on the £700k as they have plenty for current operations. If it was going to end up going towards the equity part of finance then I'm sure we will raise it at a much higher price and have slightly less dilution.
What will be interesting is if Matt Bull converts his 1.6m warrants as that will make a statement at the current price.
Amtech, you are either still at school or a politician, as you continually obfuscate this discussion so that you do not have to provide an answer a simple question. Rather than me clogging this board up attempting to garner an answer from you, which is clearly futile, I will just draw my own conclusions and filter you going forwards. Perhaps if you want people to listen to your views you should try not spouting a crock of s***.
Why should I not question you on your unsubstantiated comments? You made a statement (twice now) that it "smells" however your actions are at odds to this and at best make you look disingenuous. Your answer was was totally evasive and came across as obtuse.
Amtech, I don't really understand why you are still invested here? You say that you traded the share and are currently on a free carry. If that is so and it "smells" why don't you just sell up and take your profit?