Member Info for mikemike

Tunisia is way ahead of where Wick was so Tunisia is about investing to produce.

Sarawak.? more wait and see

What would a fully producing Tunisia look like, and how would that reflect in the SP At this time Tunisia is where the money is as part is identified as 'Discovery'

Duster at Wick, now on to the good stuff

happy to help.

the last few RNS's will cover this nicely for you. Perhaps when you get home tonight you can find some time for them. they say it far better than I could ever do

A lot to look forward to in Q1

1/ Next stage MCPP tender process
2/ ML
3/ SML
4/ Post MED due Diligence
5/ PPA for BIPP off take
6/ Possible progression of Phase 1 into Phase 2 for MCPP
7/ Accretive funding, with or without Sepco

Could 7/ be funded or part funded from disposal of assets such as the recently approved license area marked as a potential copper resource? Kibo do not do mining anymore. So, what benefit, if any, other than monetizing.? Land has to be worth something with a permit.

The Mbeya Coal Mining SML00600/2016 Application NOT Recommend

You will find it is recommended on the link provided by Wimbledon

Shrubby I suspect the process would be built into the ML. Perhaps our SML will have similar benefits?

fedz

Best of my knowledge the World bank are not funding Kibo or the TG for energy production. Kibo is an IPP.

In saying that the type of power plant proposed is pretty environmentally friendly.

I see trumps daughter is being considered as next appointment to head the world bank. If she follows Daddy Trump orders she will unleash coal on the world.

Good news until the legislation is enacted is that any oil drawn from ANWR (federal territory) from adjacent leases such as Yukon, is a free carry. This is NOT the same if your neigbours lease is covered by SOA.( state territory)

DSRT

I am having difficulty in finding a link that refers to the BOTsGov commissioning Kibo.

I would be grateful please if you could verify the source of this information, is there a link?

thanks

If the rise is entirely driven by fundamentals I would wait to decide how many more fundamentals would need to come in to deliver projects and what their projected worth would be.

If there was no supportive fundamentals, I would be in more of a quandary. Would wait to see what i believed was behind a no news driven rise.

I think one project is worth 15p, this may just be BIPP for 150mw, I am still sticking with 45p as target price. I suspect that 2019 may be more of a growth year than perhaps can be expected.

I say that, as I think is possible that there is more news on MCIPP than just the coal, perhaps solar up first? Plus MED.

I think moving away from sole reliance on MCPP is a very good move and we now have a lot more options. I am not worried about Finance or who is going to take equity to provide it, be it Sepco or AN Other.

I may just have to invest in Zen Buddha mastery for more patience

dsrt do you have a link please

Sonic an ML in the interim. I understand it cannot be an ML at any stage as the projected investment is in excess of $100m

Rowing back on the SML to ML may have an adverse affect on the Tender submission

Sonic

great question for you to ask LC at the investors meeting

BB

I think all 3 SMLs are delayed by the recently dismissed Minister, too scared to take action? As the AG sat on the SML panel tat gave a recommendation. this may be enough for the new minister to shake a leg and get a move on. he will be desperate to impress. He may have difficulty in delaying saying he needs to review everything that the AG has approved!.

A political animal will take the 3 SMLs to cabinet and announce

''As my learned colleague the AG has seen fit to recommend all three SMl projects I will accept his judgement, and seek cabinet approval, unless my learned friend has revised thoughts''

Done and dusted as well as covered his rear end.

Sonic,

Are you sure it is a Fact? or just your version of a fact?

I suspect the last change in cabinet is a reflection of the fact that no progress had been made with big ticket SML. after all it is not just KIBO waiting for an SML with all three recommended. In addition the AG would have cleared all three as part of the recommendation process.

Drax

just for you

https://www.miningmx.com/news/energy/35341-botswanas-minergy-to-attempt-eskom-coal-sales-deal-after-earlier-rebuff/

Drax

if they produce 92% why are they partnering with minergy to import most of the 100mt per month produced from Botswana? in addition why is this not enough.

I think you will find they are not producing anything like what you like to claim, and if you did any research you would know it. As Suggested SA sit on huge reserves, not as much as Botswanna but unlike Botswana, SA cannot get it out of the ground on a commercial basis hence their power stations need imports now.

Just because you do not like the facts does not mean they are going to go away.

Or maybe they are concerned it will be GOM Deep Water Horizon 2

Drax

It is clear you did not stop to think even for a second before posting that load of imaginary twaddle. Unless of course you refer to the Admin team as book burners and some form of bulletin board heretics and control freaks. Only admin remove posts no one who posts here has that authorisation.

BTW how did you get on with your research into the state of the coal industry in SA and Minergy business development form Botswana into SA?

I suspect you can now see the potential that Kibo/Shumba has and the linkage in the letter to shareholders that pointed out for the first time in December that there were new and exciting opportunities.

Be a shame if the book burners became edit control freaks and removed all references to potential progress.

Rossanan i have no intent in wasting my time with a BB moron who is incapable of reading and understanding an RNS.

Be gone