focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Tend not to post many things on here due to certain individuals who seem to get there socks off on people who post on a limited occasions and ask questions but here goes, with MG reducing their holding this helps this share how please.
My understanding is that it is easier for companies to input Sold out on the system rather that put cancelled, therefore a easier inputting system, therefore end of July is still the earliest they will fly unless the Government changes this.
Wase, if you go on the Fastjet page you will find that it's the 1St August before flights resume unless the Government decides it safe to start before.
Notice on Fastjet website, that flights will not resume till 31st July 2020, hopefully this will change if the Covid 19 allows.
As far as I know Zimbabwe do not like money leaving the country especially during this virus period so I don't know where this leaves companies in the mean time trying to set, Fastjet is another company who are there as well, don't mind being corrected on this
With Zimbabwe in dire straight at this time so looking for any income from any source I can see them opening up the skies to allow business people in and brave travellers, also Fastjet needs income to refill their coffers as well so the 20th might still be on, keep safe folks.
What is people honest opinion on the above date, start flying again or still on lockdown?
Big thank you on the explanation on where the above sits
Most likely missing the plot here
but where does this lad bible fit in with the new setup?
Maputo to quelimane x 4 times per week just started? Mozambique Fastjet
So Sept 5th is the deadline for the RTO is that to complete the whole process or for the company to give notice to the market that they have identified a company they wish to reverse into? Secondly can Mr Burton who is involved with another company which is also on AIM which has three separate parts of that company and each part is doing very well at this moment, can he bring to the market one of these companies to the market through the RTO.
Nice to see from a AIM company the figures are greater than expected, a good piece of news, await with interest the final figures in the near future
Feeling rather smug at the moment, brought a few thousand shares this morning to add a rather small amount already had, hopefully to hear good news for once now on the plus side due to this,only just mind but now hold shares in Stat Aero and Plmo both with Nigel involved. Strat Aero having a interest in a couple of companies perhaps one could be seeing something for the future?
Just a smalll beer for the moment then later a G&T or a cheeky Rioja
It will be out at 16-15 after my coffee break and I will press the button to post my little darlings, so sit back and just chill, I am in Spain enjoying the moment.
Going out on a limb here with this statement but the growth of this company needs to be more dynamic then just servicing smaller cites has we are at the moment, so I see one aircraft to Zimbabwe and two to South Africa re the tie up with federal. We need the two to three flights per day to/ from the same big cites to up our income into the coffers, can we see a RNS soon on this or are discussions still taking place. In the mean time we have three aircraft not earning anything and the longer it goes on the next bit of money going out will be planned servicing on these aircraft.
Personally this is a good informative RNS on what is happening this year in the labs, excellent news for future income for the company and most importantly advancements on help for individuals. I would agree the money side could be better but the second half we could see more milestone payments into the company, so in my humble opinion carry on SAR and I will be keeping my shares.
Bulgaria?
I am sure somebody will correct me if wrong on this, the indication from the company is that Fastjet will be trading in Tanzania above the break even point for that area but in Zambia still looking for that break-even point in 2018? Also all aircraft will be in place for each area, at that time of information I cannot remember any talk of Mozambique coming on line so in my humble opinion does this mean that Fastjet are perhaps ahead of any predictions on losses being less for 2017 due to correct fleet size and the input of Mozambique cash into the coffers, I can appreciate that Mozambique will have start up cost but the flights seem to be good at this point and little disruption, communication to our customers could certainly do with improving. At some point should we not hear about the South African tie up and did I see somebody say about Namibia, which to me seems a bit outside our area or is this an untapped cash rich area?
Thank you Marksman on that info