Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
On a delay.. clearly not much.. On cancellation of whole deal then probably 95% wipeout.. If it proceeds then we have a deal with 2 x multi billion £ partners in a multi billion £ deal.. You can't really be anything more than 25% down at the moment Jeffrey... This is Aim and thats nothing more than a mild flucuation compared to what could happen here! Either way .. Thats basically it.. Nice finish too .. :))
1000mw = 4mtpa coal (4m tonnes per annum) Say we end up supplying KIBO and they too , ramp up to 1000mw then this is barely 4% of the entire resource.. So, given that Tete is the London St Pancras of the Nacala Railway which was built for nothing other than coal , It does actually intrigue me to see if we have other plans for our simply monster resource.. Look... When fully operational, the railway will transport coal from Moatize to Nacala in trains with an average length of 1,500 meters, composed of at least 120 coal cars pulled by four locomotives. ***Plans call for the railway to offer universal access to all coal producers in Tete province***CLN projects a transport capacity of over 11 million metric tons per year by the end of 2015, 13 million tons by the end of 2016, and 18 million tons by the end of 2017.[7][8] Tiger by the tail anyone?
Who shouted Lurker5 3x into the mirror....??
Reimbursment of historical costs isn't part of the drawdown on FC.. It would be payable on binding or just after as per SEP deal.. And the reason why SEP deal fell through... $25m ROHC ... $35m on FC as part of first drawdown. Do some research..
He mentions 'follow up meetings' in podcast.. Which reminds me..he will be broadcasting later..
Sign the frikkin thing already..
Plenty 100ks going in too... Results tomorrow or Monday...
Ah yes OUR jorc-ed ,dfs'ed, tangible ASSET of 4.4bnt coal that simply refuses to enter Lurkers calcs.. ;)
No one takes 54% at a premium to take a passive role moving forward.. I'd be highly surprised to see any examples of this anywhere .. A couple of £m contracts from our new Partner or their associates transforms things entirely here.. http://en.globes.co.il/en/article-shandong-ruyi-buys-bagir-1001213046 "Bagir this week reported a slowdown in orders and a *postponement* of *several* orders from the second half of 2017 to the * first half of 2018"* Any news on these orders being fulfilled or any orders via Ruyi starting to trickle through will give us a boost too.. A lot of people involved here have a lot of skin i notice and for good reason too.. although i am aware Ruyi are having their own shares printed it still has to be said the remaining 46% are sticky af with vested interests from many places. I am sure they have no issue with being diluted by over half in order to taste what is going to happen here.. Ruyis 54% it goes without saying will be the stickiest in Town and as we all know if they want more then they can never pay below 3.5p since they paid a premium to gain controlling stake as per takeover code. https://www.innovationintextiles.com/automated-sewbot-to-make-800000-adidas-tshirts-daily/ "The delegation, made up of industry leaders and entrepreneurs, also visited existing plants of Tianyuan and Shandong Ruyi Technology, the Arkansas Economic Development Commission (AEDC) and Wal-Mart's global headquarters." Another interesting thing from the article is the $20m Tianyuan are spending on the plant with the sewbot is almost the same money Ruyi are spending in Ethiopia. GLA.
On Sky Atlantic/HBO there is a news show called "Last week tonight..." Last mondays show had the second half segment about President Xi and yes, the belt and road.. In China the B&R has it's own tv commercial to inform 'the people' about it.. Basically a Mcdonalds type ad with cutesy kids singing in Mandarin.. "We're gonna take over the world...." :)))
I just read your Wiki link Prime.. I see we get a mention as a done deal.. Thats because it is .. bar the rearrangement of chairs and some paperwork! Aim is stupid sometimes... this is one of those times. There are 'sowbots' going into these new plants capable of bashing out 8000 tshirts per day..!!
Thats our coal !! Gerrrrrofff..! So we DO go to the table with a tangible asset belonging to us and not just a 'drawing' after all...
Wow CF .. That has bent my head. O.N.
Nothing will stop XI and his vision... of buying up the free world.. Certainly not a clown who wont be in power in 7 years time or indeed less.. General Electric had to pull out of Iran because sanctions are law.. But it will be just an eyeroll from GE here.. Imo.
First Aim has to learn the difference between a fishy deal and the real deal.. Fishy deals do not keep you informed like BAGR have all through this . Fishy deals barely ever name a bidder or call out the numbers let alone give you the amount of info we have here.. Fishy deals say "listening to offers" "we have a letter of interest" "strategic review" and will then get two placings away while you wait for truth for 18mths + to almost nailed on heartbreak. Fishy deals do not get $1.5m+ up front ..ever ever. Then Aim needs to look (if shown) at the Partner making the offer in question making sure of course that it's a Major and not some dodgy subsidary of the CEOs mate/Cousins/Brothers own firm.. So lets look at Ruyi.. Major? Hell yes. History of M&A? Yep.. Money? Yes A Global top 20 purveyor of luxury goods.. In fact all of the above can be answered in one sentence .. Ruyi are Chinas biggest and are still going for it in a 15 year aquisition spree where Bally, SCMP, Renown,Aquascutem have been bought in cash and have recently tabled a bid for Fat Phils Arcadia.. Simply not your usual mythical Aim suitor.. We should then look at WHY.. BAGR are a break even company .. no mean feat on Aim in the height of retail disruption but thats not why.. The reason as all here invested know is China production costs, because of higher living standards, are no longer competitive and we have our superbly placed plant in Ethiopia with cheap labour,tax breaks with a bit of tech thrown in.. But plants take a long time to build from scratch.. The money given to us by Ruyi is being pumped into that plant as we speak with a further £10m (gbp) to come ... All for expanding that plant.. Expanding it beyond the scope of BAGRs wildest dreams .. When finished ... has anyone here have any idea of the sheer weight of product Ruyi are gonna pump through it...? Bagr could end up knee deep in all those brands and as if we wouldn't be busy enough imagine if Ruyi do end up with Topshop? Also.. Ruyi , at 54%, have our listing and they don't have to 'change the nature of business' so heres me talking about what they are gonna pump through our warehouse but really thats nothing compared to what they could pump through a listing requiring a name change and nothing else.. (rampy: granted) Can't give you a timespan but based on FACTS this a no brainer..
Sorry CF baby ... are you saying Kibo are going to use our coal? (Forgive me for being dumb ).. I had been thinking all weekend about possible outlets for our surplus too.. Lets face it .. there is enough there!
This is all over the shop... Lurkers post will reappear in an hour!
From experience I'd say the malware is an attempt to get your IP address Lurker...and there after get your home address.;) Is someone going to hurt you..? Be safe lurker..
Still behaving weird.. posted last night and it disappeared then returned
"Ncondezi is the only power project in Mozambique with a dedicated coal fuel source for in country power generation. In addition to the lower proposed tariff envelope, the Project is also expected to significantly benefit Mozambique through tax receipts and royalties over the life of the Project which are estimated to be between US$ 1.1 to 1.4 billion. This in addition to local skills development and thousands of jobs during construction and hundreds of jobs during operation, as well as the economic multiplier effect of providing stable cost effective power to the north of Mozambique."