Member Info for Simms45

All projects moving ahead and the revenues will be banked and with Gas prices off to the moon if we can secure a massively profitable energy deal and lock in these crazy prices and we get paid to take the input costs then who can argue. if we can get a steady stream of financial closures things on the shareprice front would be a lot more interesting. what we are suffering from is pipeline indigestion and we must get these projects closed or Eqtec risk some inertia.

We are seeing between .5%-1% of Condor changing hands on a regular basis this past week at prices around 37p. Who is selling and who is buying is my question. I thought maybe Ross or Randy selling to a 3rd party but surely with all the NDAs that would not e possible as these characters would have a lot better idea who is going over our data and possibly making an offer for development. The BFS was held off deliberately while this suitor is pouring over the dataroom. Certainly someone might have got wind of news as this buying is potentially perfectly timed if we get some news updates over the coming weeks.

Well bag yourself a bargain below 1p as when the overhang from the placement shares are gone they are gone.

All on track and looks that all parties who met yesterday at Indaba with ministry of mines has born fruit for Kefi. Key one for me that will unlock the bank finance is the security report so we are bang on track and while i have said too many times and been disappointed we are on track with just 1-2 months to go. From .7 and assuming we get TK finance this is a very big multi-bagger and Hawiah and JQ could drop anytime also so could be big movements in the next few months. Gla

Interview confirmed consortium and ministry of mines all meeting at this conference and very soon to get new on license in Saudi for JQ so hopefully we get an update next week on how much closer we are on TK financial closure.

i think it has to be someone building a position,and only when we get to 3% will we find out. however i was not aware there was even this sort of float around as most people are holding for the bigger picture and certainly £1+ just for some long-term shareholders to break even. We could be in play but we need to be £1+ for anything to be seriously considered but a mix of stake building and perhaps something else might make sense. Anyway someone is buying heavily and it is long overdue so could see some moves this week back over 40p.

250k purchase this morning. Someone has spotted an opportunity and loading up. Couple of weeks and hopefully we can set the trajectory back to 50p+ with the BFS and give a real sense of momentum. Will the suitor, showing interest in copper assets, get involved and if its a biggie could that underpin Condor as i feel some of discount is down to the small team and if a Rio Tinto or First Majestic get involved that would help improve confidence. Feels like we are getting close and plenty more upswings to come.

So financial close still on for end of June so not long and what we need to see is that security report asap as this underpins bank lending. JQ and Hawiah on track. Lets see but so far Harry has kept the dates of financial closecon track and thats around 6-7 weeks away.

While we wait for paint to dry i saw a couple of positive articles. Firstly the explosion in Ethanol production in India that CNEL was reportedly paying for Pr and marketing into so this will be interesting . In just one state Bihar https://theprint.in/india/bihari-maange-more-says-state-industries-minister-hussain-in-push-to-be-biofuel-ethanol-hub/943734/

“17 production units are being set up across the state under the Ethanol Production Promotion Policy, 2021” and “the state had received investment proposals to the tune of Rs 36,253 to set up 555 industrial units just over the past year.”

So India is going guns and surely if the PR was working we cant help but pickup business on this sort of sce. Also some writeups on how investors can access the Ethanol market And hoping this will rub onto CNEL if they just pull their finger out and blow their trumpet a litle so investors in HK/China know about them : https://investorplace.com/2022/05/can-you-invest-in-ethanol-3-stocks-to-consider/

We all need to keep up the pressure on Ivy and Richard as they are our only bridge to the duo who make the decisions and hopefully with some HK and Chinese mainland investors, who cant be ecstatic about recent goings on, they might change their ways. Does not seen hopeful from what we have seen to date but they appear to enjoy in self flaggelation.

Excellent spot and glad they are finally closing matters down. CNEL have massive potential and smashing profits and great R&D that should propel them to global dominance and £150m valuatoon for starters given many cleantech companies are miles behind but worth a lot more. CNEL would be snapped up by competitor if not for the cosy duo having a controlling stake so they know their power. However we all know what a carcrash the board are when it comes to keeping shareholders in the loop and learning its better to take cash out through dividends. we need to pressure all parties we can be announce an interim and not hold out for the finals 2021 is risky. While i expect a final dividend for 2021 i really think if it was not for debacle we would have got a dividend in 2020 and an interim. We can only hope pressure from different directions has an effect and they do not make a disastrous Canada acquisition as clearly that was setup for board to take cash out and i really hope the auditors and non execs are watching our duo carefully.

Been keeping track of Ethanol but the game changer was always cost compared to oil and we have bow reached a point where the cost of Ethanol is lowering the cost of petro the higher the mix. This article amongst many talks about this but is being emulated globally so demand for production will sky rocket as long as oul prices stay over $90 and Ethanol does not rapidly increase (which is a strong likelihood unless there is more production created) but all good news for CNEL https://brownfieldagnews.com/news/ethanol-producers-applaud-governors-year-round-e15-move/

Its definitely a positive signal to investors and a vote of confidence. hopefully we will tickle 1p today and then move back to previous 30 day high of 1.2 as wait for next update on developments.

Odd how signing an NDA that appears to have pushed back the BFS has led to price reduction. Either investors are not making much of the likes of RT or similar considering buying into Condor in some way of another. You would think the share price would rise on that potential.

What i do like is that any question does appear to get answered and while shareholders have a lot to be unhappy with as so many times we have been told financial closure is just a few months away given i have been through 2 years of ups and downs this does now feel more solid. I would love other companies to be so transparent and frank with investors. I am still awaiting the key security update report sign off and general traction as per timetable but with the assets likely continue to be expanded we should see a rise in our NPV above the 8-12p range in the medium term. Certainly the last raise of £8m really was a vote of confidence as they will have been privy to data we mortals will not have seen. I really hope we have this now and envy perhaps new investors who will side step the 12 years of pain for many shareholders and maybe 2 years of twists and turns but within 4 months this company could be radically different and heading into midcap mining and beyond. Hawiah will put Kefi in the majors and i suspect sold off as a huge profit as values of copper assets are a at considerable premium and very well considered on the stock market.

Steady on triple C. I am confident about the end game as we are very robustly working our way through all issues but i am disappointed that certain actions, especially the toll, has not come to fruition as it was brought up over many years and quite vigorously. The slow nature of getting to financing has also been painful as we have waited 18 months for a BFS and do wonder if a more gungho team could have found a financing solution without the BFS as the delays has meant a lot of dilutions. Just the BFS is $8m I think and 12 months of delay has been equally high in costs. You might think that if MC just did a £15m equity raise 18 months ago and organised a JV or financing without the BFS we would have got up and running far sooner. The pain for pis is no revenue and the longer that takes the more dilutions, Again i hope Calibre and RT are not stringing MC along pretending to be interested to delay the BFS only for the company to weaken and lower the shareprice. it does appear to me Calibre have been playing Condor along with bait and we duly take it. Who knows but we should not be where we are given the resource we have and i do sense Calibre have been grinding MC down with tentative opportunities and then ignoring him. We will see but Calibre have good form given the way they got B2Gold assets under the nose of MC before and gone forward and made a huge success. Cant be easy to swallow but we cant to far from some good news with eitehr the BFS or a deal elsewhere to stop the drifting.

I am thinking the same. One day BFS was 2 weeks so it was completed and just basic checks. However that is nearly a month ago and can only imagine recent communication about RT (not sure this company was mentioned) in the dataroom might be why its delayed. Clearly we would ideally get news leading up to BFS and financing but maybe a deal is being hammered out. Maybe a toll is part of this as Calibre and RT make their move and look to grab a stake. Something possibly positive must have been mooted for the BFS to be pushed back.

With major energy providers divesting and looking to alternative energy solutions, including Hydrogren and governments in the process of forcing that transformation Eqtec stands at an important player in tyhat transformation. I would like Eqtec to developer 10-20 plants and hold them o they can before selling blocks of plants to major energy companies. Furthermore the energy crisis has U smashed a lot of UK manufacturers as they cannot absorb the 300-500% increase in energy. When the US have not been less impacted in the same way as Europe and many countries are now buying cheap Russian oil manufacturers must be talkng about their own energy security and where they can surely a bolt on waste to energy solution is a no brainer as it will be those companies that take strategic decisions now that will reap competitive advantages in the future. While not all manufacturers have the right off take material in their processes those that do can look at Eqtec as a gamechanger as it is a modular solution that is affordable and has a small footprint and gives manufacturers the chance to massively reduce their energy bills and in the future earn carbon credits and reduce the cost of landfill and incineration. Very exciting future.

Eqtec are starting to look world class with a global footprint and vast orderbook thet will keep revenues multiplying for many years to come and what should be a maiden profit in 2022. The price today seems totally unhinged from where we will be in 3-6 months. Gla

The actual independent review signed this off. It probably cost a bomb to get it but its done. The key was technically nothing was found to connect the board. Thats it. we all know what probably really happened but such is life and no smoking gun was found. The board now need to to do everything we have been saying for years, sort transparency and tell us commercial information and sort the dividend at £2m for the 2021 results that would be a 10% dividend and mean we would head to $1hk going back on the market and back go IPO price. if they do not announce a dividend then it could go the other way as yield is key in HK. Lets hope 2021 was a good year. Backlog almost guaranteees this really but could be curveballs and costs of this independent review.