Member Info for mizman

Must only be millimeters away! Monday morning will do me fine.

It means 20p incoming!

Now your showing off. Seriously though, I think this is heading back towards 7p and that's before the news lands!

I can sell 300k in one go. We are so close to a fantastic rerate.

This is probably the reason why the PPA has dragged on. TGov don't want to be caught out again. After this bad news, they will be keen to announce some good news. IMO PPA will be announced shortly with great fanfare.

Tanzania loses appeal, now Tanesco to pay $148m Tanzanian will fork out $148.4 million after it lost an appeal against a settlement made in favour of Standard Chartered. http://www.theeastafrican.co.ke/business/Tanzania-loses-appeal-now-Tanesco-to-pay-Stanchart/2560-4738916-view-asAMP-4lq0ly/index.html

That would be a good start for MCPP.

3rd July, it's states the a direct equity investment of 10% 15% Will be made by agreement on the 30th September. That is around 63.4m - 95.1m new shares. The question is at what price? Surely PPA and SML would have to be delivered by then, hence a significantly higher SP is required.

Strategic Development Agreement with SEPCOIII. In the RNS dated

Wakey Wakey Mr market. SML to land next week perhaps? Get buying now at these silly price.

Act Swiftly. It's all a scam, so sell all your holding.

Well he needs to do something fast, otherwise the SP is heading towards 3p.

Is it a 500% imminent rerate that you feeling? SLM incoming followed by PPA ;)

Me too :(

Sad thing is that no one can argue with you. We don't have any timelines from Kibo or the Government. At least we are staring to be a bit more honest and stopped using the term, special relationship. Clearly we are not judging by the actions of the Tanzanian Gov.

PPA is supposed to be 'when not if'. My gut is starting to feel uncomfortable. Hope the when does not slip into 2019. Certainly the lack of a proper MCPP update, London investor meeting and the poor SP don't bode well. As summer comes to an end , we look towards LC to give us some good news.

https://townhall.com/columnists/vijayjayaraj/2018/08/18/the-dawn-of-climate-realism-coal-surges-amidst-climate-rhetoric-n2510377?amp=true&__twitter_impression=true

I can almost smell the ink on the freshly signed SML and PPA: Louis Coetzee, CEO of Kibo Energy, said: "Kibo is currently involved in a myriad of activities related to the finalization of the MCPP PPA and subsequent funding and financial close processes. We are very pleased with the progress over the past weeks and specifically encouraged by the latest media statements, indicating clear support for Independent Power Producers ('IPP') from the Ministry of Energy and also a distinct sense of urgency to get existing IPP's like the MCPP implemented."

OW, maybe but I doubt Sepco would invest in this if that was the case. Again too much negativity today for some reason.

I know it's raining outside, but why so negative? Full SML submission is in and could be granted in a matter of days. Also preparing for FC / funding would mean PPA by end of the month.