Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
It is worth keeping in mind that the financiers of this deal have invested and backed the project to an equiv to around 8p per Kefi share on a like for like basis.So the value on offer here is very clear indeed and given the backing and investment from the Ethiopia government it looks like a very solid investment and NOT the usual rubbish on AIM.
IMVHO
It is obvious that the further offer of equity to the stakeholders last week has greased the wheels somewhere and that is why I think this is moving a lot faster than we think.Also worth remembering there could be a lot more than 1m ounces of gold down there :-)
This could soon be getting noticed by the market IMO because the value gap is just too big,the bondholders investing at equiv of around 8p per Kefi share and lets not forget those bondholders are expecting to make decent money from that level.Think I might add a few more :-)
That was my point ! he refers to "a bitter price war and rising fixed costs" but no mention of a dramatic fall in oil price ?? He then says that " It’s hard to see Flybe surviving far into 2019 without a rescue mission." he then waits all week for IAG rumours to circulate then pours cold water on them and mentions STOB !
Why did he not mention all this a week ago ??
Is this so called independent journalism at its worst ?
"Whoever buys it will be faced with the task of restructuring a bloated fleet, in an industry struck by the aviation equivalent of the high street’s crisis – a bitter price war and rising fixed costs. And hiding in plain sight is a very stark fact: airlines do not put themselves up for sale in November unless their finances are precarious going into a long and arduous winter. It’s hard to see Flybe surviving far into 2019 without a rescue mission."
Some clown on ****ter reckons the Virgin offer is just 12p,although this is more than 40% above last weeks lows I still cant see it because flybe has enterprise value north of 30p.However this clown has caused a stampede to get out!
Just put buy order in at 27p ! this is going to get hammered big time IMVHO
Luther,it is clear that the mm,s moved the spread out earlier to make all those buys at 1.25p region look like sells,like the 8.7m buy from yesterday which was actually published today.So once again this is being held for a buyer who may have snapped up another 8m today.It is interesting timing to say the least ahead of a busy and positive news period :-)
The CEO hinted in that recent interview that some eye catching updates will be released in the interim results which are due any day now.It is worth remembering this has a current market cap of a tad over £20m but the company could soon have pipeline contracts worth ten times that.Ian Price is clearly a clever bloke who knows how to unlock value and build from the ground up,so I for one am confident he can deliver on his promises - so far he has been bang on the mark and the future here could well be a very exciting one. IMVHO
TopAimer,i can see many more such contracts landing in Vietnam,not least because they have legislation in place that means a huge percentage of their energy needs must be produced from waste.One thing we can say for certain is that our new ceo is very well connected it seems.Yes USA is massive but other markets are way ahead in terms of legislation and will offer Eqtec some very big rewards in the meantime :-)
They stated Q3 for sign off on the £22m project with Citra,so anytime now !
I found the text : be nice to get that in the bag !
EQTEC plc (AIM: EQT), the technology solution company for waste gasification to energy projects, is pleased to announce that it has signed a Memorandum of Understanding ("MOU") with PT. CITRA METRO JAYA ENERGI ("CITRA"), which is part of the Energy division of the Citra Metro Group a leading group of companies headquartered in Indonesia involved in Energy, Technology and Telecommunications, to supply its EQTEC Gasifier Technology ("EGT") for a 12MWe power plant in Hanoi, Vietnam.
PLA and PPA expected to be obtained in Q3 2018
Contract expected to be in the region of €20-22 million
CITRA or any third party associated to CITRA to provide the necessary equity and debt financing for the Project
CITRA to provide the Engineering Procurement Contractor ("EPC")