Member Info for scott1690

This is going to be massive no wonder the sheikh got in. Why would you not want to be part of this.

Yep amazing. Can't wait for financing news to drop which will be soon as being pushed by both governments. Already been quoted that they expect the financing of 1.6billion to be finalised by Q4

You have to think with the Pakistan and Chinese Government along with the Sheikh involved that it is highly likely now that this project will get the finance needed. At a 7 mil mcap I cannot help but think this is highly undervalued. I really don't think its out of question to get huge news before year end.

Any newbies read the link to get an idea why there is so much demand. Government backing our block VI and want things moving immediately. BOOM TIME
http://www.cpecinfo.com/news/thar-coal-block-vi-project-under-cpec-will-help-meet-the-energy-demand-cm-sindh/ODM3MQ==

No Worries here. Wait for news of funding deal being done (stated q4) and then you will see why the sheikh has bought 500k worth

He further said that Private Power Infrastructure Board (PPIB), Government of Pakistan has approved issuance of LOI for 1320 MW on Thar coal Block-VI to Beijing Jingneng Energy, a Chinese firm, but it has not obtained the LoI despitelapse of four to five months. He urged the head of Chinese delegation and Chinese Council General in Karachito help Beijing Jingneng Energy in obtaining the LoI at Block -VI.

Yep. Let's get them fully out then let the news on the 1.6billion funding package between Pakistan and Chinese state enterprises as stated in the CPEC minutes.

http://www.cpecinfo.com/news/thar-coal-block-vi-project-under-cpec-will-help-meet-the-energy-demand-cm-sindh/ODM3MQ==

Explains the drop then. Dated on Monday

In this regard, Murad Ali Shah explained that the government would utilize clean coal of Thar Coal block-VI which is to be built under CPEC. The clean coal technology has few methods to turn coal into liquids such as diesel, gas or into fertilizer. CM Sindh stated that by the year 2025, Pakistan would have to generate 2.6 MTPA (Million Tonnes per Annum) of urea annually. To meet this demand, Sindh would use Thar Coal block-VI to fully extract the potential.

http://www.cpecinfo.com/news/thar-coal-block-vi-project-under-cpec-will-help-meet-the-energy-demand-cm-sindh/ODM3MQ==

Expect news real soon

As part of the agreement for this strategic stake, the Company has offered the Strategic Investor the right to appoint one person to the board of directors, subject to requisite regulatory approval and process, and the intention is for the appointee to take over as Non-Executive Chairman of the Company. A further announcement will be made in due course.

His Highness Shaikh Ahmed Bin Dalmook Al Maktoum's role, as non-Board president, was honorary in nature and that he was not a duly appointed officer or employee of the Company at any time and was not considered by the Board to be a Person Discharging Managerial Responsibilities (pursuant to MAR Article 3(25)) or an applicable employee (pursuant to the Aim Rules

Agreed he was treated terribly at Adme. He had no option to sell. I cant see this happening here. The point that our block was minuted at the recent CPEC meeting says it all. This has huge value assigned to it now that the market has not realised yet. I expect alot of news flow to come very soon as the governments are very keen to reduce their deficit as they have minuted. Truly amazing value here

Nt now

Wow continuous buying moving back up seller completely out now

CPECS acknowledges the block then Sheikh Ahmed Bin Dalmook Al Maktoum invests. Its all there in black and white. Ask yourself why? This is going to be big not a pump and dump. I hold for further news.

This is a hold. There is some serious players behind this company now. Best of all the government.

Next wave coming. Chart set up looks fantastic

Took 10mins to get a quote. This going to fly. Seller gone

Very limited skinny tan left in boots today. Trading well. Directors buying. Confidence. Loose stock diminishing