Member Info for Med_is

Wonder why my post yesterday about MMs spiking people has been deleted? Hmmm. On another note, it would be good to hear from eyeguy, are you still here? Thought on current MC and potential?

Very frustrating, again we are down 19.6% since last weeks highs of 8.3, and 15% of that over the course of yesterday and today. It appears to me that MMs constantly and maybe purposely drive the SP down to catch pi’s off guard on a spike following news release then the retrace before another build-up. I guess the question is, will sustained momentum be on tariff approvals or financial close, I’m thinking the latter, thoughts?

You make me laugh, you also remind me of a crackfiend, anyway, enjoy your Monday fix #drugsarebad

FYI that post was in response to ‘Lurker5’ post this morning which had just been deleted for some strange reason.

Please do enlighten us as to when exactly you had forecasted ‘well above current levels’? I have been reading your post history and not a single mention made, you even go onto question the SPs ability to reach 12p in one of your posts, perhaps you getting confused with another one of your used monikers? All the same I will highlight that your post history is for the most part full of dribble, much akin to that of a doom merchants, both on this and other boards you participate in. I don’t really care of either you/others opinion on where the SP will be in all honesty, the SP will rerate on news which is anticipated in the forthcoming weeks, until such time anything conjured up by way of cross comparison is pure speculation.

The drop is SP is down to MM’s, a simple yet subtle tree shake to fend the monkeys down, a weak few have fallen today, and probably captured by zoos or joined the circus, leaving the strong clinchers at arms length to all the bananas, we shall forage the fruits of our labour once they are in season (end of July according to last RNS) ;)

That basically depends on supply/demand, and we all know for a fact that there is an undisputed shortage of supply with increasingly high demand for our services in the region. Me personally, I try not focusing on ‘holding my breath’ for inevitable news, but rather focus on trying to read out the below RNS statement in ‘one breath’, frankly quite challenging as the info there is enough to take anyone’s breath away ;) ‘’In addition, signing the NBO identified potential strategic partners with the prerequisite experience in financing, constructing and operating a power project of this nature and size, a key deliverable for the approval of the PPA and PCA from MIREME and EDM. This, in combination with the new proposed tariff envelope puts the Company in a strong commercial negotiating position to progress the Project and receive the targeted support from MIREME and EDM.’’ from last RNS

The JDA could still be signed by partners regardless of ministerial decree being granted, as had been the case with SEP. There should be no slow turn in this respect, the timetable offered by the company provides deliverables irrespective of matters outside their control. Another important factor is that many of the environmental licences and milestones have already been obtained/achieved, and paved the way to a more speedier conclusion here.

Yes your right actually, I only assumed this was a sell as SP was being kept in the red all afternoon even after the flurry of buys, not to mention the amount was near enough aligned with the 1,350,000 share options granted to former employees. Makes you wonder though, given recent SP movement if the price has been deliberately pushed down to facilitate this massive order?

Wow and why?

Someone is confident! and good on them, they stand to make a small fortune. I guess this trade now reaffirms that the earlier one this morning was in fact a buy then!

CF.... are there any planned timelines for phases 2 or 3? Or mention of sale of energy outside of local demand needs?

In all honesty, company fundamentals aside we shouldn’t even be at this level, we were on a bullish run with trades and hit 9.25 (just shy of 52 week high) right before it retraced given the placing news. It will be an interesting week and run up to July. Also I won’t be boarding no plane this weekend or next so hopefully that jinx that follows my travel routine won’t curse us. Enjoy the bank holiday weekend all :)

Haha, what I actually laugh about is that last time this dropped heavy (SEP) on RNS I was at the airport on my way out, the same again today, perhaps I just stop flying.... clearly a jinx

Great.... and we open 15% down

I get that CF.... my issue is every time we get some traction we get drawn back, I know this will come good but the retraces on EVERY rise is friggin annoying, two years straight now and we been getting is spikes!

No they couldn’t do that, those get released on 18th May

FFS!!! That’s another 15m to churn its way through any rises now, not happy one bit!

Bet there’s an RNS first thing tmw morning or Mon latest, ships like this don’t set sail without a leak ;)

Yes great RNS, and all lining up nicely for next progress update, though I’m a little annoyed that there appears to be a leak with yesterday’s ‘out the norm’ late buy but I guess it is what it is. Just as Small top-up for me this morning in anticipation of JDA or takeover. GLA