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https://www.headforpoints.com/2020/09/16/government-bans-duty-free-sale-of-electronics-and-clothing-under-new-rules/
Can't believe the government is doing this when airports on their knees! Boris! get a grip.
Only 62% of Cameroonians have acess to electricity.
Yea they need Gas to Power
https://www.journalducameroun.com/62-des-camerounais-ont-acces-a-lelectricite-banque-mondiale/
Still, a power shortage and viable option is VOG's gas.
http://www.cameroonvoice.com/news/article-news-36276.html
It's in Foo's interest to get the Eneo contract back online & sell more gas = He makes more from his royalty.
Still, a massive power shortage in Cameroon and we are in/entering the dry season now.
ENEO needs Power.....
Time to hold nerve!
I have just seen these two news articles;
This one is a paid article: https://www.txfnews.com/Tracker/Details/d442f79e-558d-4adc-8b05-d75b760c12bd/Nachtigal-project-debt-to-sign
The headline says: Eneo has had its concession extended to 2031 which mitigates ... is the number one priority identified under Cameroon's National Electricity ...
and
Cameroon: Government signs all “project contracts” for Nachtigal dam (420 MW)
https://www.businessincameroon.com/electricity/0911-8554-cameroon-government-signs-all-project-contracts-for-nachtigal-dam-420-mw
This is great news as the reason ENEO did not extend its agreement with VOG is they wanted the 10-year concession with the government extended, the Nachtigal dam has been signed, I wonder if the next deal ENEO sign is VOG's gas to power contract?
Peter Gyllenhammar 3.11% Interesting chap. http://www.iii.co.uk/news-opinion/richard-beddard/peter-gyllenhammar-story Has a third party joined the battle? Thoughts please?
David Hall & Co simply want to raid stratex for its cash and blow it on greenfield exploration in Thani Stratex which don't even have a JORC compliant resource. http://www.proactiveinvestors.co.uk/companies/stocktube/8129/stratex-international-s-marcus-englebrecht-to-vigorously-defend-crusader-merger-8129.html Englebrecht must have people in the city backing him, nobody would attempt this on a whim! Odds are its Blackrock and Orion who are probably keen on this as they specialise in mine financing. So thats (13.62%) (I have no idea who G.P Jersey is???, seems like this vote will come down to the small holders) http://www.orionminefinance.com/transactions.html How long have we been hearing of an IPO happening on Thani Stratex? Too long! Hall is obviously Struggling... The investment world don't want to back exploration plays at the moment, we are at the wrong point in the mining cycle. Either way dilution will happen at some point! Ask your self; dilution to get a 2.4moz mine up and running in Brazil, or dilution to keep drilling in some hole in Africa. I for one believe this is the right decision to make and I am "For" the merger. Last thing we want to be is another exploration company on the Aim market.
If Bahar were so trusted, why were they not putting cash in our bank account? Sadly in this situation they had us over a barrel and they know that they were in the wrong and strong armed us, so they could steal this asset off us cheap. Who else would buy our 45% share knowing that they operator was not paying ball. Englebrecht has got a good track record and has made money for shareholders, look at what he did at Archipelago Resources plc Where he took the company from construction to production. With a turnover of US$200m and annualised gold production of 150 koz. The general meeting will be interesting to attend,I wonder what the other guys are thinking Blackrock, Orion Trust, GP Jersey, Antofagsta. I hope they all have representatives present.
Altintepe was flogged because the Turks couldn't be trusted and were holding back payments, so instead of a costly legal pursuit in a kangaroo court in Istanbul the decision was made to sell up. If the rebels had a clear alternative to the Crusader deal, such as sell off of the assets and return cash to shareholders, they would win hands down. However its plain to see they want to grab the cash for Thani... a pure exploration play without a JORC compliant resource. (A lifestyle company for David Hall) Agreed it is annoying how Englebrecht has not bought any shares.
Good Listen on Stratex, Tom seems to sum it up pretty easily to me. https://www.*************.com/views/31603/tom-winnifrith-bearcast-stratex-rebels-are-dreaming-1spatial-the-hookers-a-twitter-moron Englebrecht has his head screwed on, seems like David hall want Statex to spunk its cash in Thani Stratex instead....
http://www.marinetraffic.com/en/ais/home/shipid:201076/zoom:14 Getting Filled up?
5.24m shares traded today already, a lot of shares snapped up within the last week as well, could this be the begging of a hostile takeover? Clayton Williams?
.....
What is going on? they produce at 51p a barrel, have cash. anyone topping up?
What does Caza Produce per barrel of oil?
£43k Buy today any thoughts?
What Next? Market cap only £45m Wish i had some of those free warrants exerciser able at 6p!
Its only a matter of time, any predictions when?
£24,750 buy yesterday @4.95 someone like Serabi. Last time that amount of shares came on the market 500,000 + Fratelli bought them.
The large sell was a Non exec director Daniel Kunz, he sold his shares to Fratelli at 5.75p http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=11974515 Largest shareholder increasing shareholding again!