Member Info for Rocka999

I suppose you've seen the latest consultation paper from the goverment? "Tenants who are tied to a pub owning company with 500 or more tied pubs will also benefit from an additional Enhanced Code, which will require their pub owning company to provide them with a parallel free-of-tie rent assessment if rent negotiations for their pub fail". Could be interesting for GNK

http://www.standardmedia.co.ke/mobile/?articleID=2000142245&story_title=County%20in%20bitter%20row%20with%20miner%20over%20mining%20levy/business/

Thanks for the reminder on timescales, I'm sure it will assist with any new investors looking to buy in. Been a big fan of REDT for some time now, even when the SP was in the doldrums just above a quid !

A few more "i" s and lower case "j" s dotted regards the debt facility, full throttle on the project now

http://www.technologyreview.com/news/532311/a-battery-to-prop-up-renewable-power-hits-the-market/ Similiar to what you posted but shows there's competition out there

I see GNK are not finished with Spirit, looking for more buys further down the line in 2016 C&C could still get a bid in for Spirit before 20th Nov as yet

Awaiting further developments

A cracking RNS as we enter the winter months and not a single post, sales up 56%

Base Resources has issued 2,062,742 fully paid ordinary shares following the partial vesting of the 2011 stream of performance rights under the company's long term incentive plan.

I've been watching GK from when they bought out Beards of Sussex about 15 yrs ago, they've been very busy since! Always enjoy a nice pint of Abbott btw GL Rocka

I can only speak as I find, we had 7 pubs within 100 metres of where I live, we now have 2 and one of them is to shut next year I've recently been informed. So where have all the drinkers gone? At some point these were 7 businesses that were all making money selling in the main real ale. I'm sure we'll see a similar pattern across the UK as 30-40 pubs shut every week. There are more real ales out there from more micro brewers but less pubs to serve the ale in every week it appears.

I believe your take on the purchase of Spirit isn't far off the mark, have they bit off more than they can chew? Sales are declining in general, I only have to visit my local to see this, the real ale drinkers of the past are not being replaced hence the decline in pubs across the UK.

They could do with a tidal lagoon across the Wash, would be a massive project but generate power for maybe a million homes, don't think the locals would go for it though

Summary •Base Resources is able to increase its resource estimate despite mining depletion. •This is positively surprising, as I hadn’t anticipated this in my original article. •The investment thesis remains standing, if the ramp-up continues to go as expected, Kwale will be a high-margin operation. Base Resources (OTC:BSRUF) has announced the results of an updated resource estimate on its Kwale mineral sands project in Kenya. It's refreshing to see the total tonnage increased by 5%, which includes a 2% increase in heavy minerals, despite the depletion due to ongoing mining activities. This resource update is good news for Base, and now it's understandable why its lenders were so generous by allowing the company to postpone the first payment date on its debt. The total measured and indicated resources at Kwale now stand at a very respectable 153 million tonnes, which contains approximately 7.25 million tonnes of heavy minerals. This compares favorably to the previous estimate (from 2011) containing 146 million tonnes of which 7.1 million tonnes were heavy minerals. This update, three years after the previous resource estimate, strengthens my confidence in the Kwale project as being a very impressive heavy minerals mine. As 81% of the material tonnes is now part of the measured resource category (which is the third highest tier and just one step below probable reserves), there's no doubt that the 'stuff' is there, and now it all comes down to trust the people on the ground to make sure they can deliver. The Kwale project has started its operations earlier this year and is expected to produce a substantial amount of ilmenite. The ramp-up of the production is going according to plan, as every quarter the output of ilmenite, rutile and zircon continues to increase (last quarter, the ilmenite production surpassed the 100,000 tonnes mark). As Base's debt load is lower than, for instance, Kenmare Resources' debt position, I continue to prefer Base's Kwale project as my favorite ilmenite producer.

Can't help but notice how CCE is holding up amidst the carnage of late

Base Resources commenced container shipments of rutile in July and completed a total of 7 individual shipments (a total of approximately 3,100 tonnes) through the September quarter

I'd be concerned if RHPS was tipping for a SP of 15p in the next 24 months, their track record isn't the greatest, I'd say this will probably only get to 8p now on the back of their recommendation!

That £250M is only an estimate, maybe more to come yet

Unfortunately for some you're spot on !

Only rates this at .35 from his charting expertise and that's being generous