Member Info for john_z_doe

Would we get an RNS to say that EDL have started paying back the loan, and if it was shares or cash?

Aerial - Would that it was so easy??? Lol.

Aerial - finger problems... Lol...

Aerial - I am waiting until the 460M OO shares start being sold see what price Rufus is prepared to sell them at???

My guess is that it could be 0.50p or less...

Thunder storms nearly every other day until March then the rainy season starts.

I am still waiting on the coal production figures for the last quarter, to the end of January...

This should show a marked improvement if, and I say IF, the money was well spent and have been in place for the last couple of months.

To be honest at this time I would take £20M

SP of 1.4p ish.... :)

Saus - That's what bothers me...

RS now has the power to issue up to 2.5B new shares RIGHT???

What is to stop him consolidating, issuing new shares, then RINSE AND REPEAT, until 2.5B shares have been issued????.

en.wikipedia.org/wiki/List_of_power_stations_in_Tanzania

Certainly a bit of an eye opener...

So did the tender occur within 75 days?

Saus - We still do not know when the repayments happen, so a lot of the OO shares could still be used to pay the monthly repayment.

If so no money directly for RS, but then what little money they have they get to keep so as to pay the INFLATED salaries these people draw.

Kooks like 10:1 for sales during February????

I wonder if EDL were aware of the Stiegler’s Gorge Dam Hydro go ahead when they were resubmitting their Tender????

Aerial - I personally would wait a few days until the remaining 460M shares are sold, as the price could drop...

Even more...

So "In December, Tanzania signed a deal with two Egyptian companies, El Sewedy Electric Co and Arab Contractors, to build the $3 billion hydroelectric plant."

Why did it take so long to let all Tenders know "THEY WERE REJECTED"??

repaid the first instalment of the loan payment yet?

Or what said payment is due?

I reckon that it will be in shares at some low price as decided by:-

- Shares (priced at 90% of the average five day VWAP chosen by Lind during the 20 days before issuance ("Repayment Price"))

people who took up the OO are now down 56+%

I am waiting for the initial token SELL to start the day off...

At leaset the SPREAD has dropped by half.

Its when they get to 2 or more they can then run, and if you turn your gaze away they disappear...

B A N G goes RS's £619K @0.12P

He got about £77K for just over 51Mshare take up @0.012p

Leaving 464M shares @ a discount, OR 36M given to Lind @0.29p each, and then 100M at a ridiculously low, low price.

But anyway you look at it, anything from £300K + OR - for the total OO.