Member Info for JDwag

We are now in the territory where the Warrants (442,222,280 @ 0.4p (£1.76m) will be forthcoming shortly I’d think. They expire on 3 May this year anyway, so id assume if someone was bullish they’d want them.

At this point the cash is bullish.

JD

Looking good and nice to see the mood so positive. Just imagine if a PPA on Moz or alike could be slid out at the same time as MAST is going so well...JD

We will probably start to see a lot of the Warrants being taken as the SP rises. Some of those Warrants are now in healthy profit.

JD

It’s been like that all day, I bought 99,679 at 9:49am today after an hour waiting on a NT to settle. It’s very promising for what the week brings.

JD

Interesting pressure out there behind the book…Moving me to NT for any amounts.

JD

Piohc1,

These questions should really be answered in the next 2 weeks with the listing and presentations to come. It won’t be as straight forward as multiplying these numbers as all of these projects will be subjected to a PPA / Offtake Agreements that in their own right will layout the specific commercial agreements on a per project basis and what IRRs we can expect per project, etc.

As I have said before, if they sell it well on websites, presentations and a clear and cogent business case that the market can digest and have confidence in, then I expect an investment affirming opening of MAST on it’s opening trading day.

The Presentation on Thursday at 10:30am (very easy to enrol on) should be illuminating in its own right:

https://ukinvestormagazine.lpages.co/mast-energy-developments-virtual-ipo-presentation/

JD

It’s going to be a massive growth industry, the UK (along with loads of other Western countries) have already come close to blackout’s this winter and it’s going to get worse as we move off of pure baseload (Coal and Gas) an onto infrequent power generation like Wind and Solar at a time when our electrical needs will rise with electric cars, etc.

In a freezing cold day in the UK recently with no wind and 4 hours of sunshine and the whole country covered in snow, what do you do with your Wind and Solar when it doesn’t generate any electricity? The question is gas powered reserve generation to keep the lights on.

This issue is popping up everywhere, Germany almost went dark a few weeks ago.

Should be going live trading on week commencing 1 March, 8 March at the latest you'd think.

All in how they sell it and prove the business case and it could fly on open. I assume it’s already a compelling business case if someone has stumped up £5m front end. A great opportunity to really turn the tide here.

Hopefully begin trading w/c 1 or 8 March…

With only 25% free float in the marketplace, you should see a significant rise on opening if they convincingly sell the prospectus / business case prior to open trading.

So are we looking at listing and trading commencing in February?

JD

On the basis of all warrants / outstanding share being taken up (that’s likely and positive at this stage) then you are looking at 3.5 Billion shares in circulation and that would leave £5/£6m cash on the books.

1p would “only” be £35m, doable on MAST alone I would think. All depends on what MAST does on listing, when looking at comparable Megawattage at EQT they have a current MCAP of £155m (at that MCAP for kibo fully diluted for 3.5 Billion shares and £5/£6m cash on the books that would be circa £85/£90m to Kibo’s 55% would give you and SP of 2.4p).

It really all depends on how well MAST is received on listing, I think there is more than a good chance if they sell it well on listing with an aggressive and clear growth strategy it could pick us speed instantly.

As stated before by others, if one of the African CtPP can happen with big PPAs announced then things will look completely different, again.

On the Balance Power Limited website, it states the following projects have been sold:

Oxford (7.12Mw)
St Helens 2 (20Mw)
Gresley (7.6Mw)
Bristol (6Mw)
Birmingham (5Mw)
Penrith (6Mw)

Are these all of the ones we have / are purchasing?

https://www.balancepower.co.uk/projects

JD

Lol, Hawksmoor or bust mate! Good to see you still have the fight and optimism in you.

JD

Long-time no speak, hope you are all well and keeping safe. Been a while since I posted, I simply lost heart here and couldn’t be bothered. Still holding and have averaged down a touch here today, averaged at 0.8’ish and still up to my nuts in what I have considered for most of the year as worthless confetti.

As of today, it’s sounding more positive here, Coetzee could be almost about to do something and add value, a Main Market Listing, a clean company that specialises in reserve power and investors willing to stump up serious cash all bodes well. Like a poster said this morning, I too believe when MAST lists it will bump up in price sharply on opening, you can see 1p in the near future here with 55% (be prepared for that to shrink as they expand), which for me will mean a chance to exit and salvage my original holding, possibly a bit more in a fair wind.

Reserve power in a green environment should be in big demand, plus a nice clean company that will offer investors a yield in a short space of time should put MAST at a premium SP.

Well that is what I hope, but don’t listen to me as I have called it consistently wrong here for 7+ years. ATB.

JD

There’s going to be nothing left for current shareholders here when all said and done (however it actually shakes out) and I think we all know that now.

Annual Accounts out by close of play tomorrow, let’s all play a game of how much is Louis paying himself? In 2018 it was £198,552, I say he’s now paying himself over £300k per year.

JD

KAT’s last annual accounts (for 2019 Calendar year and before Blyvoor even existed) are an eye opener.

The Salary Expenses have exploded north (see Page 16 for 2018 Director’s Remuneration against 2019):

https://katorogold.com/wp-content/uploads/2020/05/Katoro-FY2019-Annual-Report-Final-signed.pdf

I’d expect them to double or triple the Director’s Remunerations in 2020 based on Blyvoor coming on line, this is just a mass wallet filling exercise on behalf of the directors.

JD

The votes don’t add up, it stinks!

JD

Please do, I have.

I don't know if we have the votes to beat them, however, I can at least say I voted.

If the votes are past then expect a massive dilution by the end of June and with it I'll kiss this investment goodbye.

JD

Another missed target. Louis Coetzee couldn't hit water if he fell out a boat!

JD

2012 - Achieved Nothing;
2013 - Achieved Nothing;
2014 - Achieved Nothing;
2015 - Achieved Nothing;
2016 - Achieved Nothing;
2017 - Achieved Nothing;
2018 - Achieved Nothing;
2019 - Achieved Nothing; and
2020 - Achieved Nothing while issuing 76 Bazillion Shares.

JD