Member Info for ritibejo

reconfirms that the infrastructure Project is well underway with Timing which fit nicely with the BAO plan

look at past Posts from me or others and you will see the infrastructure Projects are in Progress and due to be improved already next year!

are holders getting money out to pay for the bank Holiday Weekend? :-)

What News are you expecting this week?

The Basic of mining are simple. Find a resource here pig iron make sure there is sufficient of it to make good money - study and surveys other resources needed lime and coke which are in the area too infrastructure road, Train ships in progress Investor to build your plant needed work force and education. nearly 2million Population in the area Partners from digging to end user stability (no civil war or the like) and some good honest luck. We are now moving beyond the speculation phase which caused the last big share rise and should be moving into steady climb over the next 18-24 months. But do not Forget that we still Need that bit of luck.

Cylind No Imagination just reading the facts and making my own assumptions. AIM is gambling and hoping your gamble pays off. I am in here for the longer term, not interested in short term gains. The Facts are we Need: 1. A resource which is there 2. Coke which is there 3. Lime which is there 4. Workforce which is there 5. Railways which are under development 6. ports/ships which are under development I do however agree that we also need Investors and Partners which are normally easier to find when your core issues are solved. let’s wait and see. My gut feel is that we are in a good position here but anything can happen on AIM! PS my average here is under .13 so I am not to worried at the Moment!

Skiwizz Read the article. I am showing that the potential is now there to Transport the goods when we need to. BAO still need to get their Investors and infrastructure Partners in place. I am just trying to say that the infrastructure issue is slowly going away and this is a major hurdle to exploiting a resource. The coal companies stopped or slowed down because of the infrastructure issue even though the resource is there. Once this hurdle has gone away; the ports are also under development the investors will be interested.

To Port Expansion - increased capacity already in 2014: Grindrod Ltd. (GND), Africa’s largest shipping company, and Mozambique’s Maputo PortDevelopment Co. plan to invest $1.7 billion over the next five years to upgrade ports in the country as demand grows. Capacity will be tripled at the Maputo and Matola ports to 50 million tons by 2020 from 15 million tons, the MPDC said in an e-mailed statement today. The company has approved investment of $355 million in 2013 and 2014 to boost capacity at the Matola port terminal, according to the statement. The coal terminal will be handling 7.2 million tons by 2014 from 6 million tons. South Africa’s Exxaro Resources Ltd. (EXX) and Coal of Africa Ltd. are among companies to have used Maputo to compensate for lack of rail capacity to Richard Bay Coal Terminal. The MPDC is a joint-venture between the Mozambique Railway Co., Grindrod and DP World Ltd. see Bloomberg.com

Cylindrix et al, Have a look at http://www.railwaysafrica.com/blog/2014/01/22/mozambiques-sena-line-revamped/ This indicates that Bigbaldy is correct!!!!!!!!! Maybe you should eat your hat! Extract below!!! "Meanwhile work is progressing on increasing capacity of the Sena line from the current 6.5 million tonnes a year to 20mta by 2015. At present, coal trains are restricted to 42-wagon consists hauled by two locomotives. CFM aims to introduce trains of 100 wagons, headed by six locomotives. A contract to strengthen the line to carry the increased traffic was awarded to two Portuguese companies – Mota Engil and the Visabeira group – which plan to spend €162.7 million." I know they still need to buy the Trains and wagons but this will be needed to keep the Coal mining companies interested. The potential for 20mt of coke a year is possible. Bao Need 1mt for each 2mt of pig iron which means that a good amount of coke stays in Tete. There should be plenty of capacity to Transport BAO products to port. On this note GE is working with Transnet Engineering to have locomotives built in Africa. CFM Mozambique a counterpart to Transnet has ordered 10 locamotives for Mozambique! See:www.bdlive.co.za/business/transport/2013/05/09/ge-to-build-locomotives-for-mozambique-in-sa This is all sounding good to me. Info on port expansion will be in my next post

Swinger The article repeats what we already know which is reassuring The 759mt resource base production of 1 to 2 mtpa low production costs of $225/t (the article makes an error here a it states $225/mt). This is $155 cheaper than in Brazil ($380/t) bankable feasibility study in 2014 CAPEX approx. $1.15 billion. Based on the above we will have covered our CAPEX in 5 years based on 1m. tonnes / year or in 2,5 years based on 2m. tonnes per year and there is material in the ground to Keep this running for the many decades. On top of this profit could be very high if we compare to Brazil ($155 more expensive) or we sell at a good Price and take over the markets. This is still a long term no brainer. we just need to get the infrastructue in place to transport the product.

The RNS Looks good with all KPIs in the right direction. I just does not tell us about Profit. Is this why the SP has not moved?

Traffic grew by 300,000 to 4.5m customers (up 7%) Load factor increased 1% to 78%. might push us up a little

My take is that the best time to buy in here is Q3 before News of an a major order in Q4 (delayed). Can explain nearer the time.

I have been in here since the early fives and had hoped for a quicker climb similar to easyjet. Got out of easyjet with more than 100% at 17 Pounds. Do not expect Ryan to get anywhere near that but a couple of Euro more would be good. We need a good summer and the Business customers to increase and then we may just start rising above 8.

RNS was not bad and most of the Brokers see a good future here too. Not sure why Canaccord seem to have another opinion. I am Holding for a while and can see this geting to the 180s once the USA Business takes a hold. 1 Quarter is not enough to see how things will go. old new 30-Jan-14 Numis Securities Buy 220.00 220.00 Reiteration 30-Jan-14 Panmure Gordon Buy 178.00 178.00 Reiteration 30-Jan-14 Canaccord Genuity Hold 160.00 149.00 Reiteration 30-Jan-14 Daniel Stewart Buy 200.00 200.00 Reiteration 30-Jan-14 Investec Securities Buy 185.00 185.00 Reiteration

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Late today there were 288k in share buys from 4 buys. Ryan air indicated they wourd buy back 195k so what are the rest? Any one have some more intel.

any clues?

RYA have now opened the new bases in Greece.

read and noted. Ryan air is not reliant on Stansted. They have many Airports. See liitle effect on Ryan air from this. Ryan airs Expansion plans and Business customer push (russia etc.) should increase the value and size of Ryan air. I got in low here and will hold for a while.