Member Info for SirGBoycott

6/5 - SPA within 10 working days .... now 16 and counting
26/5 - SPA expected to be finalised imminently
odds on an SPA next week ?

It gets better Eton Mask and Farther Xmas.

Tiger a bit of advice

If you do intend ever to start advising people then my advice would be to learn the difference between advice (noun) and advise (Verb)

Jax your arguments are becoming more and more compelling and may just persuade me to sell before you do

Bordesley - is a place in the West Midlands
Bordersley Power Ltd - is the company name
Happiness is a cigar called hamlet

and I'm not knocking the company which I think is a great opportunity just the guy that cant meet deadlines that needs to step back and do the role he appointed himself to

I see at least he's let the CEO add a few lines at the end.

Some good stuff in there but we've gone from an SPA within 10 working days to 'imminently' and lets not forget Bordersley was due to be operational in Q4 2019 before the IPO (covid explains some of the delay)

The broader timelines for MAST in terms of what they stated they aimed to be producing with 6 months do look to be on track but he does gloss over everything else that's been missed in the past.

Agree debt finance and lets not forget.

Katoro has entered into a binding conditional agreement to form a 50/50 unincorporated joint venture with Blyvoor
Gold Operations and its holding company, Target Mine Consulting (Pty) Ltd.

Katoro has already held preliminary discussions with potential funding parties for the Project, which the Board believe will be secured at the Project level and will likely be in the form of debt funding.

Have to agree CF. time after time.

Come on LC shock the investment world and let’s have the SPA by tomorrow.

Beat me to it RT ...

" Ncondezi and their partners continue to await formal feedback from Electricidade de Moçambique ("EDM") and the Government of Mozambique following submission of all agreed studies in December 2020"

"We believe the Project is in a very strong position despite frustrating delays to the completion of the tariff negotiations. "

Not the only ones then

As for the latest RNS being a red herring I don't agree. Interestingly the partner in this case - IGE Solutions works closely and directly with various mines in South Africa and Botswana. And the whole thrust of waste to energy was for the UK market alongside MAST.

6/5 - During the period leading up to and subsequent to the listing of MED, the MED board and management advanced the SPA for the acquisition of the Target 2 site to signature ready status and MED expects the SPA to be finalized within the next 10 working days.

That's Thursday 20th latest then

We are also looking at PPAs direct to client not Govt and not reliant on the right transmission network being in place - lot of advantages to this alongside the traditional CtP projects that may or may not go anywhere

Agreed and it deals with another issue plastic waste to generate gas that gets fed into gas engines. Great synergy with MAST and flexible / peaking power. There is a lot going for this ..... its just a shame we have a bit of baggage at present

Good things come to those that wait and wait and wait .......

and what happened Q1 2020 ..... Covid. There are valid reasons for delay ... does it account for all of it?

Recent MAST RNS "Despite Covid-19 restricting physical access to the site" - not something I thought would be an issue BUT our workplace is open but third parties are still not permitted on site unless its an emergency

Its not a question of being able to tell time Jax its more a not having clue what the concept of time is sometimes. Good spot in the RNS about Louis's change of gender

10 days for SPA on target 2 MAST is a big test. Lets see if his watch is working

Still holding then jax ...

25/1 KIBO RNS - ""Completion of the onsite engineers' checklists and reports to sign -off to commence electricity generation in February 2021 is a significant platform for Sloane to operate from as a first step towards a position of significantly stronger potential revenue generation and associated profitability. This is particularly significant since the Acquisition will deliver a production ready site, which based on current projections, will coincide with the completion date of the successful listing of MED."

Given the completion date of the MED listing was delayed by a few weeks then surely this site must be on the cusp of generating and if so would be announced by MAST.

14/4 - "MED expects to have circa 9 MW in production capacity imminently"

Oh **** he said imminently ... still waiting for some other imminent news from 2015 / 6 / 7 / 8 / 9 / 20

Come on get it done

Well for someone that is used to things taking longer than expected LC is surpassing himself at present. Its not so much the lack of progress but just a void of information.

Optimisiation of Blyvoor / funding conclusion - 'as soon as possible' was 8 weeks ago
Haneti drill - design and selection of contractor - 'further updates shortly' 22 days ago. I would have thought they had contractors lined up in anticipation.