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Eskom secures R1.35bn loan for renewable energy
Jun 29 2018 11:50 Lameez Omarjee

Eskom has locked down a R1.35bn loan from the German Development Bank to support the integration of renewable energy projects into the national grid.

The power utility on Friday signed the loan facility with the German bank KfW, on behalf of the German government, according to a statement. The loan is for $100m, or roughly R1.35bn.

It will be used to further support investment into the transmission network in the Northern Cape and facilitate the integration of renewable energy into the grid.

"The facility demonstrates the improved market sentiment and confidence in the ability of the Eskom leadership to direct the company on the correct path to recovery and sustainability."

Energy Security Services Africa strategic energy and client delivery Africa head Gareth Gregory, meanwhile, told delegates attending the conference that battery storage is an enabler in terms of avoiding the need for generation.

“Avoiding the need for generation in an environment such as a municipality, could allow the municipality to reduce the amount of new capital expenditure that is required to deliver to the energy requirements,” he elaborated.

Energy storage can act as a mitigator in bringing additional expensive generation on board, should it be required, he added.

Meanwhile, General Electric sub-Saharan Africa business development manager Sherwin Harris highlighted that there needs to be greater market awareness of the benefits of battery storage, while policy certainty is enacted.

http://www.engineeringnews.co.za/article/battery-storage-to-benefit-businesses-municipalities-2018-07-18

For anyone who may still have an interest the can was kicked down the road till November 2018

Former president Jacob Zuma is expected to appeared in the KwaZulu-Natal High Court in Pietermaritzburg on Friday.27th July

The embattled former president faces charges of corruption, fraud, money laundering and racketeering.

The case involves 783 questionable payments to Zuma allegedly received from the company in connection with the arms deal.

https://www.news24.com/Video/SouthAfrica/News/watch-jacob-zuma-back-in-court-on-corruption-charges-20180727

Well that all depends whether the wider investment community cotton on to what is being floated here, my gut feel is they may well do. Having said that I have already been confounded by how slow they are to see what's out there in front of them.

Looking a little deeper it could be the small scale unit recently installed with Eskom was in truth a dummy run Check out timescales, equipment familiarisation, cost control so on and so forth. The long commissioning timeline is purely there to allow modeling to achieve best in class for subsequent roll out model There has to be similarities where ever they are located. I always thought he stated commissioning timeline to be excessive were not talking QE2 here this is already tried tested and approved technology. All will be revealed in the near future

Alfa:
What does that tell you about what will happen when they stop offloading.

Well it told me to keep on buying twice this week to be exact roll on September

Wheres there'e steel there's vanadium

World steel output up 4.6% in H1 to 881 million mt, utilization at five-year high

https://www.spglobal.com/platts/en/market-insights/latest-news/metals/072618-world-steel-output-up-46-in-h1-to-881-million-mt-utilization-at-five-year-high

The beat goes on

If they did issue that lot it would be the Grand National

Quite a box of tricks
Primarily focused on the Bushveld Vanadium Project, it also covers a range of minerals including titanium and iron ore (subjects of the PQ Iron Ore and Titanium project), phosphate (subject of Bushveld's phosphate deposit), platinum group metals and other minerals.

wakey wakey just ask Bob

https://www.youtube.com/watch?v=TlPV4wtZ6HE

Conclusion
This inherent power of position enables the MMs to move the markets at any time up or down. As a result, the only way to draw them out of their favorable position is going long. Now this does not mean just any company but to effectively nail the MMs, Longs must find the great company on the floor and accumulate long before the MM tactics and games begin.

Now where did we all find one of those in the 2 to 4p days perhaps we have more influence than not

I have just been through redt posting today and the difference between the two boards is quite enlightening. They have had quite a showstopper RNS today, yet apart from a couple of questions tabled by and answered by BMN posters there has been no discussion about the content or how it will impact the business, I feel sure had that RNS been posted here it would have been dissected to the nth degree. Not saying who's right who's wrong just very different, but suffice to say I know which I prefer

Thank you

250k * 08.27 22.50 buy or sell ? just to confound the muddy waters

Subterfuge
OK yes yours is even closer to the truth, cheers

MM Subdiffusion to the extreme or you could say telling blatant lies

Might see some money rotate back in here later today ahead of our update

Onwards and upwards guys you deserve it

Absolutely good luck to them looking forward to a similar reaction on here end Sept then again Oct/Nov when BE unveil everything (best guess)