Member Info for NotAmused

Ofm4 Most people realise this was only going to be a spike and genuinely post their sympathy for those who have been spiked . Not you with your selfish twaddle regarding multibagger . P/e 10-15 etc . (In Zimbabwe of all places ) You have no shame and it would be much appreciated if you kept your woefully incorrect financial advice to yourself .

I registered at Argo with the intention of buying some mining blocks thinking if i'm in it i'll know how it's getting along . So first thing is it is the slowest loading website I've visited this year and I tried with several browsers , They are all sold out .which means at full capacity , Does anyone know when the next blocks are available?

No mike was thanking you , and then went on refereeing to daveys comment , sorry if I confused.

Thanks mike and Yes been up since 5am due to going to bed early after a depressing week , Now the rest of the family have got out of bed I've something more interesting to do.. I'd be needing a giro if I hadn't derisked at 4.60 and thanks for the personal attack ..

I 'Ello, I wish to complain.
LC: We're not acccepting emails
I: Never mind that, my lad. I wish to complain about the share price and this Project.
LC: Oh yes, the, uh, the Pipe dream multibagger...What's wrong with it?
I: I'll tell you what's wrong with it, my lad. 'it's dead, that's what's wrong with it!
LC: No, no, 'is uh,...it's resting
I: Look, matey, I know a dead project when I see one, and I'm looking at one right now.
LC: No no it's not dead, it's, it's restin'! It's a when not if multibagger,idn'it, ay? Beautiful value creation!
I: what value, it don't enter into it. It's stone dead.
LC: Nononono, no, no! 'Is resting!
I: All right then, if it's restin', explain how value will be created?
LC:'Ello, MCCP Project! I've got a lovely expeditiously ramped up cash injection for you if you show some life...(throws some money at it) There, it moved!
I: No, it didn't, that was you ramping immenantley!
LC: I never!!
I: Yes, you did!
LC: I never, never , I've been conspicuously silent.
I: SILENT! YOU certainly have been in hiding while others have been Ramping! Ramping! Ramping! Pretending they knew what was going on!

(TGov cancel tender,all gets thrown up in the air and share prive plummets to the floor.)
I: Now that's what I call a dead project
LC: No, no.....No, 'Is allowing us to concentrate on the other projects!
I: OTHER PROJECTS!?
LC: Yeah! It's just stunned , just as it was wakin' up!.
I: Um...now look...now look, mate, I've definitely 'ad enough of this. That project is definitely deceased.
LC: Well, it's...it's, ah...probably pinin for more money.
I: PININ' for more MONEY?!?!?!? What kind of talk is that?, You Ramped a dead Project!
LC: Well, o'course it was ramped I knew it was going nowhere and needed something else to keep it interesting ! If I had my way it should have broke through it's 52 week high and VOOM! Feeweeweewee!
I: "VOOM"?!? Mate, this project wouldn't "voom" if you put 400Kv through it! 'E's bleedin' demised!
LC: No no! 'It's just needing you to throw money at it -average down-bargain at these prices!
I: 'I'm not throwing in any more'! 'it's passed on! This project is no more! It has ceased to be! 'It's expired and gone to meet 'is maker! 'E's a stiff! Bereft of life, 'e rests in peace! If you hadn't rammped 'e'd be pushing up the daisies long ago!THIS IS AN EX-PROJECT!!
(pause)
LC: Well, I'd better replace it, then. Sorry squire, I've had a look 'round the back of the shop,and uh, we're right out of decent looking projects
I: I see. I see, I get the picture.
LC: Hang on. I got a slug I mean MCIPP that no one else wanted.
(pause)
I, Has it got any life in it and fully funded ?
LC: Nnnnot really.
I: WELL IT'S HARDLY A BLOODY REPLACEMENT, IS IT?!!???!!? You haven't created any value have you ?
LC: N-no, I guess not. (silence as the share price drops further) I don't have to do this job you know , I've earnt enough now ..

Well well didn’t expect that load of tosh .

I am expecting the next RNS to say Sepco will not be buying a % share in Kibo until the situation offers positive progress with the TGOV.
I can't believe what's happening here it's been a total shambles since April .Obviously LC knew the TGOV were not satisfied with our proposal and subsequent negotiations ,But he has to have known it wasn't going smoothly and there were problems but remained totally silent or blagged and bull$!!+ed you can't deny he has deceived his shareholder imminently expeditiously . He certainly has some explaining to do.

Hi all have been watching closely since aim listing . I think it’s a fascinating company . Have started to buy in today and will be wanting to buy more . Surely at the bottom unless the £25 million buyers have thrown their money to the wind which I doubt very much . I would even like a dabble at the mining all I know is the faster hash rate and @ 3c a Kw has a better efficiency and therefore more profitable than most . I hope to research further and wish you all the best.

You characters are unbelievable , Is this a tag team operation on anyone who is negative , same lines but another day . same characters same tune . If it was entirely in office hours I would accuse you of being paid and actually sitting together in the same office .

http://www.xinhuanet.com/english/2018-10/21/c_137549003.htm
Another hydro dam project in Tanzania , fortunately nowhere near Mbeya ,
At teast Tanzania are progressing their Hydro, wind, gas and geothermal projects just leaves the coal portion of their proposed Energy mix to be decided.

Dismissing others as whiners , Is your usual approach to anyone who has anything but a positive spin on developments .
that would make whining about whining
I know if they don't like it, one could suggest they sell up , (at a loss)

I also can't see how it works and the market doesn't either.
If we look at it from Tanesco's requirements maybe they were frustrated at waiting for all other power plays to be compiled and submitted
What it has done is forced all the applicants who were at different levels of compiling their proposals for a PPA to be pushed into submitting to Tanesco's timeline .
Now Tanesco have all project tenders at hand . What they decide to do with them or what the timeline is now only they know,

Also add power loss in the transmission lines perhaps 3-8% over 100km .My research suggested a 8-15% power loss from power plant to customer which Tanesco's will have to factor in..

Mike , I was referring to the other Kibo projects . I would consider a power tariff and capacity charge attractive enough to construct and operate MCCP enough to make it profits ie for 1, to construct it . 2, to finance it, 3, to operate it, 4. to purchase the coal , actually getting Tanesco to pay their electricity bill once operational will be another story just try and take them to court for non payment .

I can empathize with you Pauly, I could have written the same so could have many a shareholder.
I had already guessed we were being kept in the dark regarding timelines with the PPA but always the same rampers excusing LC failings and aggressively dismissive of anyone criticizing him .His imminently expeditiously were calculated to get the placings off for the dubious other projects .
I'm only here for the IRR on the coal as feed into the MCCP all else has negligible chance of being profitable .

Nice find Hawaii , Thank you

Justcause I'm in same boat as you , I think you hit the nail on the head African company's and Aim are a bad combination too too crooked a bad combination.

Then that points to Intra Energy for 200Mw and Kibo at 300Mw as favourite . Could scale to 400mw the last few power plants I researched scaled up due to greater efficiencies .

They string everybody along it's either their mentality of doing business or because they have a dream list of things they want but have no money . You will find there are stacks of projects they have encouraged and not accepted .

Intra energy with 200Mw at Ngaka which is an advanced project
Kiwira - 200-400Mw Tgov own and wanted the .Chinese to finance - stalled
Mchuchuma , Tgov/ Chinese, has finance issues .has immense coal deposit and top quality.
EDL , Rukwa No RNS.