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Tvrand
Made my 90% today and out, just trade it, the company has no credibility, so do what the directors are doing make money for yourself.
Not a investment but trade it on the lows to the highs. There will be plenty of lows to come and the directors will say the right thing now and again to make some highs.
Pile of crap as a company but great to make a few thousand here and there.
Flava love it
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Timing is Crucial: MED's proven track record and solid expansion plans make this the perfect time to invest. Help shape the UK's energy future while supporting a company with a clear path to success.
Think you've posted on the wrong board.
4mil gobbled up I no time with all the major work pyebridge needs to become efficient.
Great figures as always but again always gross.
15mil burnt through in 2 years it will be 19mil in 3 and back to the nothing coming in.
Sell why you can this will drift down to the same price as yesterday.
Those are so not the facts, you really need to carryout some research.
Last offtake auctions mast announced 600k possible income from pye in the sky, that's gross, mast have stated they work on 20% net.
Stop all the garbage 1mil profit pa from pye in the sky.
Do you really believe management have the ability to grow to 300 mw, not a chance.
Reaching with that one. Government promoting new gas generation but not didly squat few mega watts here and there. Mast only a few months ago telling us about a 300mw portfolio up and coming.
Then put their only producing asset into c &m.
Reaching with that one. Government promoting new gas generation but not didly squat few mega watts here and there. Mast only a few months ago telling us about a 300mw portfolio up and coming.
Then put their only producing asset into c &m.
From producing.
Can't go into production without a licence and in Tanzania that is a long process probably over a year.
So a massive gamble, EWT and how they pay for it, EWT results, could be plug & abandon, if good results at minimum a year for production license.
Agree with today's post
, HE1 has so far to prob a couple of years, from historic evidence in tanzania. It takes a lot of time to draw up and agree development and production agreements in tanzania. So he1 still a long way to go.
I state these facts as a investor in aex who I have witnessed dealing with the hurdles and delays of dealing with the tanzinia government.
It will be a long journey for he1, the same journey we have trodden.
So posters agree the last couple of loans were crap. But mast was happy and shouting from the roof tops about what a great deal it was.
So your not happy with their deal they promote and still trust them.
You really need to be careful, suddenly promoting a company that was promoting a deal you thought was crazy.
Just shows the caliber of the directors running the show.
There we go again, you could be from Mast with the ready to be monetized lingo, tell me about the shovel ready sites. If I remember the rns. Still looking for the shovel.
Perhaps the directors should have gone to specsavers.
No matter how you dress it up mast run by a lot of people enjoying a nice lifestyle whilst producing nothing. That won't change it doesn't need to for them.
15mil spent 8 mil assets in just over 2 years ha
No facts have changed the management have failed, that hasn't changed.
They have ended up with last port of call lenders Riverfort.
If this was such a great business in the making commercial loans would be easy to find.
But Mast are a company that is run buy lifestyle directors with a abysmal track record and would need a forensic scientist to work out the structure.
That's why the last deals didn't come to fruition, they couldn't tie it in a legal way that would protect them and rid shareholders of value.
It was 90% of profit mast was signing up to, desperate but mast hoping that banding around figures of 30mil investment and their journey to 300mw would stir the market.
It's not just the loan you need to be looking at it's alos the management ability, which to date does not show any achievements.
Instead of keeping focused on their headline grabbing figures and statements which is the one thing are good at, look at the historical figures and then on top of that you have to hope it's not a windy year as well.
Same old rehashed tripe.
Aug 21 mast announce purchase of Pye in the sky, take a read, tells you all about transformational, immediate income, cash positive, and all the shovel ready projects.
2 1/2 yes later Pye in the sky on C&M and the company burned through 15 mil. So 15mil gets you 8mil of non producing assets. You couldn't make it up, oh yes you can, Mast did it.
So pointing out the management's inability to meet their goals is not constructive. You want posters on here that are wearing rose tinted specs.
If you want to put money into a company you should look at the good and the bad, ideally.
Not interested in company podcasts, they are bot truthful or balanced.
I make my decisions on goals and achievements set out by the motley crew of director's.. These amout to a lot of goals on Ipo, 15mil company, a couple of years laterthe motley crew have achieved nothing, now a 1 mill company desperate to stay afloat.
Forget the asset value, when mast folds the machinery and leases will be sold at auction for less than the administration costs.