Member Info for NotAmused

https://af.reuters.com/article/commoditiesNews/idAFL8N1TN4W7
No mention of using coal for power.

https://www.bloomberg.com/news/articles/2018-06-10/botswana-coal-miner-sees-opportunity-in-regional-shortages seems energy is in a real pickle in southern Africa .But you can't believe what you read ! Surely SA can't be that desperate for coal .They have some 40% spare generating capacity .

https://southerntimesafrica.com/site/news/botswana-makes-u-turn-on-selling-troubled-power-plant

Irr of the power plant is around 17% where as irr for the coal was given at 67% , so now you say we don’t need to dig up the coal , there’s some beautiful coke to be had in Mozambique if you can sell it

I read about this the other month. It was stated Tanesco were buying at 23c per kilowatt and selling it for 12c , well they weren't paying the bill at all leaving the company with no money to pay for the gas . So I suspect that this gas generation was as a backup for lower hydro generation . prices seem expensive so not sure what currency they were in ?

http://www.newtimes.co.rw/news/gishoma-peat-plant-resume-operations-after-rwf160m-loss Rwanda - peat fired generation which has only a fraction of the calorific value of coal., talks about having to import coal from Tanzania due to the excessive moisture content and even building another plant ,proposed 30% of the national energy generation mix. Now that's a dirty way of producing electricity and would be a ideal customer for exported energy via the proposed interconnector.

He hyped the share up to get those placings off , It is like he's forgot all of what was in his RNS , no explanation for the way out timelines . where did he get those dates from and what's happened to them ? I'm pretty down on this share . I actually believed that it couldn't be bullshit because it was in an RNS .

I suspect he’s dropped below 9% and not purchased any but I could be wrong, need to read through all the previous RNS’s to understand what the % of holding was .

I'm expecting an RNS from Kibo saying it's raised cash with a placing to invest in KAT and KAT will be raising money soon too after the pumped up RNS ! Anyone else ?

The pattern is the same RNS issued to stimulate interest followed by constant 100k sales .

Thanks GAZZA , History now proves that the only thing that was imminent were the placings .straight out of -" The AIM CEO text book on how to gain interest in a share solely to raising cash" Ok Capo , steadily and frustratingly it does appears to be happening .

I think catching mice's financial assessment of the project is more realistic than most ,

This guys left us all hanging on for the imminent conclusion of a meeting which wasn't to be concluded , Only now we know that the meeting came and went and he's been off elsewhere since and even diverged into discussing another project (MICCP) I've waited all these weeks for an RNS . I know it's my own fault for believing what was wrote in the RNS . Oh and I've still no idea what's happening .

Lts - Long term sufferers ! Ltf - long time frustrated .

Hi . could anyone please shed some light on this task team that assembled on the 10th , Are they still in this meeting or has Lc gone on holiday with his family again leaving us all wondering if something is about to happen ,,Can't remember which poster said about the offices being booked for the last meeting perhaps you would like to comment if the rooms is still booked out for the meeting .Thanks