Member Info for SirGBoycott

Similar small trades KAT too from time to time

Shame you cant buy here and sell on JSE ....

Smart ... mining underway ... there is an existing mine at Blyvoor and has been for a long time separate to the KIBO tailings project

God this site is crap from time to time .... takes ages to update, thought Id lost the first post. Apologies for saying the same thing twice

I'd prefer a sale in Tanz than another false dawn ..... I do think its an option

Chairman's statement Oct 2020 (with ref to Bots / Tanz)

"Other Projects. Understandably the on-going Covid situation and the related global economic knock on effects has impacted our ability to progress our MCPP (Tanzania) and MCIPP (Botswana) projects significantly during 2020 but these projects remain in good standing and we are carefully considering how we can now best extract value from them."

I also don't think this latest RNS is in anyway a change of strategy but continuation / acceleration of soemthing thats been in the background for a while. Same source

"We also continued to work collaboratively with partner ESS Tech Inc in planning for the co-location and integration of renewable power and innovative battery storage solutions at the Benga project. We maintain a strong commitment to designing our planned coal to power stations to incorporate the latest emission mitigation technologies and plan for the gradual transition of our coal fired projects to renewable generating source."

Agree JD. I think most would like to see a sale rather than what for many would fear to be a new false dawn in Tanz.

This is from the half year results - chairaman's statement in Oct 2020

"Other Projects (Bots / Tanz). Understandably the on-going Covid situation and the related global economic knock on effects has impacted our ability to progress our MCPP (Tanzania) and MCIPP (Botswana) projects significantly during 2020 but these projects remain in good standing and we are carefully considering how we can now best extract value from them."

At the time I think most understood the inference to be a disposal may be an option.

Also from same statement about Benga (with reference to recent RNS and a shift in strategy)

"We also continued to work collaboratively with partner ESS Tech Inc in planning for the co-location and integration of renewable power and innovative battery storage solutions at the Benga project. We maintain a strong commitment to designing our planned coal to power stations to incorporate the latest emission mitigation technologies and plan for the gradual transition of our coal fired projects to renewable generating source."

I think the latest RNS fits perfectly and demonstrates they have been thinking about this for a while .... its not new or a change.

I don't think so Buythedip ... he was quite clear they had modelled the costs / revenue for their development plans. If they do then its going to be for £ millions as some have posted

https://www.bbc.co.uk/news/business-56426928
https://www.bbc.co.uk/news/uk-politics-56807520

This will help drive that sentiment JD

I don't think I need to see your back garden to know that its probably very overrun and that you moan about it everyday but don't get off your arse to do anything about it.

Your right nothing achieved to date, cant argue with that, but If you are so damn sure that noting will change or get by December why not sell up now and buy back in November.

However, LC has been very clear in laying out a MAST timetable and that further cash isn't required for the current production this year. 50MW within 12 months. Covid is on the backfoot. Lets see what MAST comes out with in the next few weeks.

Ready to be installed .... it’s ready to go and it isn’t going to take until December to clear your back garden if you want to use that analogy

No one has said it’s ready. So how do you think it would to install / commission once started?

https://med.energy/projects/

BORDESLEY POWER LTD - This site, which was the first addition to the MED reserve power sites, is a construction ready site which will enter construction once the IPO is completed. This site will add c.5MW installed capacity reserve power to the MED stable.

Project 2 - This site, which due to contractual conditions precedents may not be identified pre – IPO, is a production – ready site which will enter production immediately once the IPO is completed. This site will add 9MW installed capacity reserve power to the MED stable. This site will create an opportunity to for accelerated commissioning of the Bordesley reserve power project.

You would expect MAST to want to update the market on both these post IPO

"On listing, MED expects to have c.9 MW in immediate production capacity,"
KIBO RNS on listing of MED

Agree JD - its possible Benga being spun out of KIBO rather than this new opportunity (assuming Bots / Tanz being disposed of)

dsrt ... past performance is no guarantee of future performance. MAST will be revenue generating within months if not weeks

https://total-market-solutions.com/2021/04/mast-energy-developments-plc/

Good interview. Note the question on going back to the market for more cash and the response .... £5m enough to get current planned production going this year. Great question on LC being a micro manager and well answered. Some good probing questions for a change. 50MW within 12 months & no additional cash required. We shall see .....

Aerial ... I wouldn't rule out a disposal of one or more of the African projects (Bar Benga)

also "is focused on transforming and integrating conventional energy generation into sustainable renewable energy"

Not sure there Aerial ... this looks like another MED (build in KIBO and spin off retaining a key stake)

Good interview. £5m raise enough to put all planned capacity into production