Member Info for mikemike

No, but you can influence your average

Why not average down? you are clearly not going to sell out until you get the price. Instead of chasing the price, let it come to you.

Or, just come back here day after day and complain to people who really do not care.

With the solar power leak of 50 plus applicants to be shortlisted for the new tender process. May be that the TG will not want the rest to be leaked and we can see some early movement on the Coal applicants perhaps 6 or less?, little chance of there being any more.

Source, Tanzanian press who reported the leak and its details.

For those who have stated that GE are pulling out of Africa, maybe GE do not agree.

https://www.thecitizen.co.tz/News/Energy-now-a-priority-in-US-aid-to-East-Africa/1840340-4895242-mu4h64/index.html

me neither, saves me from doing it :))

Twitter is in hyper drive

I am looking at coming back in,,just not sure now is a good time for me. I think there is still more downside drift to come, how much? I do not know

looks like the spread is trying to place a bottom on the price and deter buyers.

Those with local contacts have any news on what is happening?. I was hoping the BOD would advise a pay cut at the AGM, clearly way too hopeful.

Not too sure there is much we can say about the MCPP

plenty on BIPP and some on MCIPP, bring on the Ml this week please

If SEPCO are looking to reduce their risk with KIBO them good early news on BIPP and MCIPP may just prove to be too tempting. After all they are already contracted on MCPP

Maybe some more news on MED may assist as the intent is to cover all future contracts

Lurker it is because I can read, that your comments made no sense it was clearly pointed out that there were costs not to be carried forward as a ''business as usual '' position

I do not wonder at your level of education. Makes me understand the fantasy figures on your posts in that other place

Luker you were asked to provide evidence of on going cash burn levels but failed to provide verified sources.

Until you do, your figures are bunkum. That will not affect me as I have found my tin foil hat

Global so what will be the spend from the latest RNS, assume you mean today's RNS which shows it being funded by EDM

''To this end, EDM has renewed and EXPANDED its MOU with Kibo and its JV partner,''

''Kibo and its joint venture partner, Mozambique energy company Termoeléctrica de Benga S.A. ('Termoeléctrica'), remain focused on advancing the development of Benga in Mozambique, including the construction and operation of a 150-300MW coal fired power station.''

Does ''expanded'' mean going to 300mw sooner , not later

bcl

we will soon know the PPa for offtake is due in Q1, will that be Vale for 100mw?

Even if there is a placing it will be value enhancing

Those who fear a placing and can see it coming, can sell up now as they have already told themselves this will not be accretive.

Sonic why is there going to be a placing form this when it is funded,

''Electricidade de Mocambique ('EDM'), to advance the financing, construction and operation of the Benga Independent Power Project ('Benga' or 'the Project') in Mozambique.''

Sonic I suggest you read it again. There is a suggestion that this may be a bit bigger than 150mw sooner not later. the Moz gov is clearly on a mission and funding is not an issue here.

Maybe the FE research note did not anticipate this move and the times plans will get marched forward

LC did suggest that December would be with news. Be nice if we get the BOTS Ml in before xmas

Now that is what i call an RNS, no funding issues here

and it looks to be ahead of schedule