Member Info for PiratePete

If the link below doesn’t work then go over to the CEO board and click on the newsroom link at 2030 hrs. Majid mentions towards the end of the interview that they are still looking to make acquisitions.

@accesswire/the-power-play-by-the-market-herald-releases-new-interviews

Vmax - Do you actually read posts before commenting on them?

cmcc4395 - I like that idea and think it would work well (if Management really must continue with share option awards - after all they do already receive a pretty full salary!)

Tony and ArK87 - No argument from me - this will come good and we will all make decent money. Was just putting down some thoughts on why we are not higher currently. If Management plan to continue with share option awards they need to be linked to share price performance IMHO.

Compare and contrast with Andrew Austin’s share holding in Kistos!

Has Majid bought even one share with his own money yet?

I3e down 8pct in Canada at the moment.

I think the “Options for nothing” mentality that Management have needs to change as this is eroding private investor trust and holding back the share price.

Now I understand - too many Peters around here!

….. and I’m definite not MissAnnaGrey !!

Nope - I don’t understand a word of what Peterhenry says (and neither does he I suspect!).

Tony - Do you seriously think that after 40 years in the Finance Industry that I don’t already understand that?

I saw that video first thing thing this morning and have instructed my broker to buy NNRG.NE when Canada opens. Fingers crossed.

Fuller text as It is 53pct in first instance increasing to 95 pct 20 days on from date of default: “In order to ensure the Company has sufficient time to refinance the Bridge Loan, a Bridge Loan Extension has been entered into by Scott Fletcher, Hanno Pengilly and Michael Haworth as Lenders and Ncondezi Green Power as borrower. The Bridge Loan Extension provides for the Bridge Loan to be repaid 20 business days after the existing Repayment date taking the Repayment Date to 7 December 2021. Should NGP fail to meet the new Repayment Date the existing conversion and default conversion rights will still apply. This means that if NGP fails to repay by the Repayment Date or under events of default typical for a project of this nature, the Lenders can convert the loan into approximately 53% of the then issued share capital of NGP. Should NGP become insolvent, enter a creditors process, issue shares without Lender approval or following 20 business days of a Project event of default, fail to implement a written request by a Lender to sell the assets of the Project ("Material Default Conversion") the Lenders can convert the loan into approximately 95% of the then issued share capital of NGP.”

RNS out just now. Directors are providing an extension to the bridge loan with a 7 December repayment date. If the loan is not repaid by that date they get up to 95 pct of the solar company.

RNS out - AA has now completed the team and the RR band is back together.

Eringael - Whilst still in Doc’s Dividend Portfolio, I think he has scaled back his position as I3e have not responded to several attempts by him to raise queries with them and sort out their capital structure. He also does not like the way they have diluted their shareholders - his original thinking was that the company would fund growth/acquisition through FCF. He feels the company will continue to prosper - just not at the rate he originally anticipated.

GASX (on TSX) is now Doc’s second largest position for any that might be interested.

Tweet from Eric Nuttall - What a week for energy investors...Monday's Goldman oil price YE'21 target upgrade to $87WTI to Trafigura's "struggle to see anything but higher prices" to Line 3 onstream to China's "secure energy supplies at all costs." Wow. Enjoy the well-earned weekend everyone!