Member Info for haggismchaggis1

Vince,

I did get a thank you email.

Well spotted Vince!

I've sent it to QFI.

These project appear to be ongoing (unless anyone knows otherwise?). I wonder how quickly they could build the Mtwara one if CH-1 is a winner?

300 MW Mtwara gas-fired power plant.
330 MW Somanga Fungu gas-fired power plant
185MW Kinyerezi I Extension

"The introduction of gas-fired generation has saved the Tanzania Electric Supply Company (Tanesco) $16 billion (about Sh36.8 trillion) between 2004 and 2020, a new Wentworth Resources report revealed yesterday."

"Tanesco managing director Maharage Chande was not in a position to confirm the figure but he admitted to The Citizen that by using gas as an alternative to emergency power production sources which are heavy fuel or diesel, Tanesco was saving “a lot of money.”

https://www.thecitizen.co.tz/tanzania/news/national/how-gas-saved-tanesco-sh37-trillion-in-16-years-3903900

You can be sure that Tanzania wants as much gas pumping as it can get, as every MMcfd is saving them money.

Tanz,

I doubt it, as after I posted proof of AIM companies worth a fraction of £300m having many ii shareholders, he disappeared back under his rock, no admitting he was wrong there.

I have no plans to sell any this side of gas sales, as once into gas sales the price will be at a new high for the past 10+ years I've held it. In fact, I'll be buying more whilst the price is a bargain.

To me, 1p is just a psychological barrier, that needs to be overcome in order for many investors to have belief that the placing stock is not going to take the price back down. If the price can keep slowly creeping up a tiny amount each week, the barrier will be overcome and a bigger rerate is then on the cards.

Tanzania,

Why are you crediting Aimster with any level of credibility?

His claim that ii's would never buy a small cap under £300m just tells you he knows very little about what he's talking about and is just bluffing his way though these boards.

Likewise his 4p should be instantly dismissed, as it's a baseless guess, a number just plucked from the air and a load of baseless reasoning (everyone will sell out at 4p or less) and baseless claims (the one mentioned above) then chucked at it to try and justify it.

H5O

I agree with that logic.

"the relatively small recent cash raise" could be because they think the drill results for CLP and Bibemi will give a significant boost to the MCap.

As per the RNS of 25 July "Results are anticipated during Q3-2022" so within the next 39 trading days. That is not long really.

I think it all depends if there is any big placing stock waiting to be sold and at what price, vs how many buyers and how much money they are ready to chuck at AEX and up to what maximum price.

With the last sell of the day achieving 0.925p, and the placing done at 0.75p, that is now a 23.33% profit for places. 0.95p would be 26.66%, 0.975p would be 30%, and 1p would be 33.33%.

So a lot will depend on whether Placees have already shifted a load of the stock to longer term ii's via the dark pools like Barclays LX, how much they have left if anything, and what prices each of the current holders of that stock are looking at taking profit at.

https://www.investopedia.com/articles/markets/050614/introduction-dark-pools.asp

JoeCreed

The pertinent, timeless comments are not out of date, see if you can spot them.

The early production system is out of date, that is why I posted an out of date article as evidence of that.

Have a read of this.

https://africa-oilweek.com/Articles/aminex-confident-of-future-growth-from-its-ta

With ARA not needing early cash, and AEX fully funded plus funds in the bank they don't need early cash either, no need for an early production system.

Of course, that could all change if the well turns out to be a belter and the Tanzania Government decide they want that gas in the pipeline ASAP.

Very good question!

The answer has to be that it's a 50/50 possibility for either.

The original pad appears to be placed where it needs to be to hit the targets including the Jurassic one, but the amazing view on the 3D Seismic might show better locations, even if that's only 30 meters away.

As you've apparently on been on this board since 4pm.yesterday I'd expect that. Suffice to say that the options have been done to death by those that have been on this board for years reading the devious posts and lies, so no need to go over it all again for one newbie, just take our word for it.

Pommy,

None of them own shares in AFC, obviously. Claiming to hold the stock is a typical lie from stock bashers to try and gain credibility for their moans, when in fact all they are trying to do is batter the stock down and keep it down, because that is what they are paid to do.

Here is the post from DW I reported to AFC. As you can see, he has linked Acciona in his reply, something that would only be done by someone trying to destroy the company. He is always on here moaning about no sales, yet here he is trying to destroy the possibility of sales.
------------

Derek Warner

25 Jul
Replying to
@AFCEnergy
and
@ACCIONA_EN
And now you need another 2-3 month to deliver it and keep it start running ? Is the plan ones a year one power tower ? Thx

https://mobile.twitter.com/AFCEnergy/status/1549759726074077184/photo/1
------------

His English is as s**t as it is on here, it's so obvious it's him.

Hopefully Acciona couldn't understand WTF he was trying to say!! (A translator of gobbledegook advises that he is suggesting AFC will only deliver one Power Tower per year) His other comments on AFC are the same type of trolling attacks.

Pommy,

Yes, it's highly suspicious how he has all day every day to spend attacking AFC on here, on Twitter/LinkedIn.

I think someone is paying him to do it, as nothing else makes any sense.

Garmoan must be getting paid for it too.

Oh, and BTW, what I've posted isn't top secret, as anyone that was on the old Stanelco and AFC Interactive Investors discussion forums would know!!

Don't be a plonker all your life chippyonshouldery.

DW is sooooo obvious that others already worked out it is him trolling on AFC's Twitter and LinkedIn posts, and tagging our clients in his disinformation and abuse of AB, I didn't give him away, he did it all by himself. All I have done is pointed out he is now lying to try and cover it up, when his cover was well and truly blown, and nobody believes his lies anyway.

I already wrote to AFC and told them to block him, it's up to them if they do so or not, but DW is not only trying to stop investors from buying AFC, he is also trying to stop AFC clients from buying it's products.

Who is paying him I wonder?

And DW, are you still in contact with HW, like you said you were back then?

Detergent Warrior is the cleaning products salesman, I know this for fact because he told me that was what he did for a job back in 2007!!

Unlucky Detergent Warrior, some of us have great memory!! Remember our Stanelco / Biome chats by any chance?