Member Info for JDwag

Agree, wholeheartedly, SirG.

Let’s hope for some Christmas cheer.

JD

Has anyone spoken to LC lately? Is he responding? Is he even alive? The silence here is far from golden.

JD

I fear, Bcl, this year will just be another fruitless year to chalk up to the other fruitless years in which Louis Coetzee has achieved nothing. Car crash garbage from this individual.

JD

PPAs (plural) LC?

JD

To be fair, SGB, I worry for Sonic (in whatever guise) and his mental health, there is something extremely not right with a guy who forms dozens of avatars over multiple social media platforms and then talks to himself over grudges he has formed with people he doesn’t even know, not only pointless, but probably not sane, either.

JD

The fact is, the placing has fundamentally changed what I thought of LC (not actually, the potential of Kibo, which remains huge). Before the placing I genuinely considered him honourable and generally above board. My opinion of that has changed.

The galling thing here is given whatever timeframe, I honestly think that this company will come good and so will it’s host of projects, the question that we must all be thinking is do we current PI’s share in the benefits when this does come good? Or will we have been diluted to pieces by the time that point comes round and others scoop the prize and leave LC as a CEO at the helm of a very large company with a seven figure salary, at which point he probably thinks he’s been successful (for himself)?

Let’s see how it all plays out.

JD

No one is doubting the Macro picture here, CF. The story is there, is Kibo a part of it and is it’s CEO competent in any manner? That is the burning question here.

JD

Now halfway through Q4 and LC has yet to pony up any PPA from one of the large African projects. Get ready for his next Q&A RNS that says all of this has been moved to an ‘exciting and fast moving Q1 2020’ IMHO.

Death, Taxes and LC to fall short are life’s three certainties it would seem.

JD

No news worth much and this amount of share overhang this continual drop is the end result. Car crash stuff from the ceo and he needs to pull his ****ing finger out.

JD

I view coal in the same way I view plastic. The raw product has been transformational to the way we live and how we live. It has been hugely beneficial to the advancement of civilisation and to living standards. The issue isn’t the product, it’s how we deal with the by-product in its pollutuve qualitues. Sort that out with technology and there is no reason why coal can’t transform lives for centuries to come.

JD

Yes, woohoo is the latest multiple personality disorder of Sonic’s to go on filtered. We must now be a 4/5 accounts across all platforms talking to himself. Forgetting just how an abhorrent human being he is you also have to worry about the mental health of a man acting in such a manner, very sad.

JD

https://www.spglobal.com/platts/en/market-insights/latest-news/oil/111119-feature-africa-stands-by-fossil-fuels-push-to-underpin-growth

From a Macro perspective the story is there, and fossil fuels are going nowhere, the Kibo story itself is the question. Pull your finger out LC.

JD

Double Agreed.

JD

You would think wouldn’t you, Bcl? If he can deliver the PPA(s) and get the SP up above 0.8p and 1p to start having the warrants taken and have significant cash on the books which can demonstrate medium term working capital then we have a shot at getting our shirts back here and over time, who knows, maybe even a bit on top.

JD

Yes, Bcl:

‘The Company has, however, stated at several occasions in recent time that it is looking at finalising more than one PPA by the end of 2019.’ For MCPP.

‘Definitive PPA with Vale based on the initial terms in the PPTS targeted for agreement and finalisation during Q4 2019’. For BIPP.

Will we see it in 2019? Probably not, will we see it before the next fundraising is due is probably the more apt question, Feb / Mar 2020 becomes the big dates here and if we are diluted to oblivion in a sea of confetti.

JD

The Mabesekwa Fact Sheet is now also completely wrong given the news on consolidating the resource, etc. that was released nearly two months ago now.

What is the point of knowingly pumping out completely incorrect information via whatever form of communication? It’s just more evidence of late of a company running around with its hair on fire, it smacks of poor leadership and you have to ask what the circa £1m a year in administration costs is actually going on, maybe it’s lobster and caviar parties at LC’s SA Compound?

JD

We need our CEO to deliver the supply:

https://energy.economictimes.indiatimes.com/news/power/africa-set-to-become-energy-future-iea/71966720

JD

Surely to **** he has to be getting close to delivering one of these big PPAs?

JD

https://mobile.twitter.com/NovusComms/status/1191737026833461250

I wonder how much shares these boys are still holding? I’m gathering it’s sizeable, hence the rush to ‘underwrite’.

JD

Louis said so, it must be true.

JD