Member Info for JDwag

Agree, Gillie, it’s a shelf ready and funded project, who knows what really goes on behind the scenes of Tanzanian Power, it could magically come back to life in next to no time at all for what we know. JD

Depends on the gearing ratio secured, Magnet. Also to me, it looks like this $900m is for Moz, with the ‘broader’ package from Wimmer being Bots when it is further progressed. The more you raise the cheaper the debt gets of course. No idea how it all pans out on the finite, we will need to wait till F.C. for the Uber specifics IMHO. But it’s more than £13 MCAP IMHO, that’s for sure. GLA and as always DYOR. JD

Gillie, In response to your MCPP Funding comment specifically, on the Kibo website in the MCPP specific page it states: ‘Development Stage | Project Fully Developed and funding ready subject to appropriate statutory certification and commercial agreements’ So, yes, you have to assum that term sheet is set up and ready to go. It also states that the next stage of the project is to ‘develop market for the project’. Still hopeful for MCPP over times and if we develop BIPP and MCIPP over the next year to FC then on many fronts MCPP gets easier IMHO. https://kibo.energy/project/mbeya-coal-to-power-project/?portfolioCats=84 JD

Also interesting is the percentage of debt to equity gearing they ‘typically’ go for in their credit lines: https://www.wimmerfinancial.com/index.php/debt The higher the debt gearing the lower the need for expensive Equity. Looking promising. JD

Spot on SD, MOZ and MAST up soon. JD

Debt facility was a prerequisite requirement for the CPA and PPA (government and private offtake)? Either way these are imminent now... JD

Thanks Magnet, kind words. JD

Is not the 900m facility, it's what it will be used for. Get ready for a Moz project wholly owned by Kibo and it's partners and SEPCO who will now have to pay an unholy amount per share in order to get its 15%. I'm so happy I could cry. JD

Yup. Added 2m since the crash in Mid Feb and I’m about to be rewarded handsomely. Well done LC, a minnow who snared a whale it would seem. JD

That’s an almighty RNS BTW. JD

Bang JD

Might be SA, actually. Even thou the below article states Moz??? https://www.sharesmagazine.co.uk/news/market/6389395/MC-Mining-seals-coal-purchase-agreement-for-Mozambique-project JD

Expanding and doing deals with AIM Listed Juniors...... https://www.morningstar.co.uk/uk/news/AN_1555404829106286900/mc-mining-signs-export-agreement-for-coal-from-makhado-project.aspx JD

His ‘diversification’ saved this company. Without it we would be an EDL now, we are extremely fortunate to have him at the helm that is for sure. That said, he needs to hit timescales specifically on the Moz PPA and CPA and the MAST JDA. I’m still of the opinion of the TG see Moz and Bots progress they will be much more redemptive to MCPP. But as per the recent media on that matter, make no doubt, MCPP has been relegated to 4th out of 4 on the projects pecking order. JD

Yep. JD

Go on then.

JD

666 Code...…Lucifer is to rise from the pits of hell and buy Kibo stock.

JD

Sure do workin mysterious ways..... Alright LC enough teasing give us the PPA, CPA and JDA. JD

https://allafrica.com/stories/201904120417.html JD

Hoping for good things this week IMHO. DYOR. JD