Member Info for tomshare

Hi gods. I know we've had our differences in the past but you make some sense in your post just now. Yes the CLN deal was a load of crap and a completely agree that the board need to answer to such a shocking deal. On the plus side, Ebioss simply can't walk away from Eqtec. If you look at the Ebioss website they state the following two assets as their core business 1) Eqtec Gasifier Technology 2) Winntec Winntec is about storing waste. It is much less income generating than Eqtec. If you look at previous news flows for Winntec you can see that they are working with CN-NL (part of the Fosun group). They will be operating not just in China out South East Asia as well. The Winntec technology will store the waste. I.e. They will need the Eqtec Gasifier Technology to convert. The deals involved for Winntec are tiny compared to possible Eqtec deals. Also without Eqtec then Winntec becomes redundant. Sorry I'm waffling on now. Ebioss can't let Eqtec go down the drain as it is the core part of their business. Yes the CLN has been a complete and utter disaster, but taking that away and if BTC come in and provide financing then we have a multitude of deals in near/mid/long term to work with. It is these deals that first got me interested in Eqt. Yes I am severely underwater but no one could have predicted that CLN. I know it wasn't you on the other message board mocking my investment, but you can see that a lot of honest investors have been caught up in what is a complete and utter farce of a CLN.

DYOR and don't listen to numpties like Neil.

Couple more buys and we'll be turning blue. Then it'll be time to get some music on.

Up again. Oh dear.

Eeeeeerily silence when this rises. Good luck shorters. I've never actually shorted a share before. Genuine question... when the ask rises do you shit your pants or do you do that in the morning when you wake up not knowing if an RNS will arrive?

I don't get them all right gods. Tell me an investor who does. (Incidentally a suicidial CLN was issued after I invested). Good to hear you are able to make decisions by yourself. That's great to hear. Shame you take pleasure in my loss in EQT though. Good luck with your investments.

Quite right gods. DYOR. Totally agree there and don't share it with peope like your goodself.

Hi VCB2. That 1.25 million buy this morning was another top up for me. A few of my other tops ups in past couple of weeks have also been shown as sells

Afternoon RKB. No need to explain yourself. The amount of research you have done on this and also has the decency to share is commendable. I for one am grateful of your input here.

Part 2: Now how is this all relevant to our share price? As per 8th March Zioc Project Update RNS: "Advancement of the new port development could provide a KEY CATALYST in allowing the Zanaga 12Mtpa Stage One development project to derisk and proceed towards seeking finance" WE ALL KNOW HOW GREAT AN ASSET WE HAVE. ONCE THE MARKET KNOWS THAT THE PORT IS HAPPENING then the big boys will pile in. Then at the same time we will have the small scale to bring in money as well: $100/t for pellet feed is a great figure. Imagine if we do 500ktpa of pellet feed alone. We could make serious money if the opex is kept low. Opex is kept low as per Project Update March 8th: "Capital expenditure savings potential of 8-9% (U$153-371m), reducing the 12Mtpa Stage One capital cost estimate to between U$1,797-U$2,041m Operating expenditure savings potential of 15-20%, reducing the 12Mtpa Stage One operating cost estimate to between U$23-24 per dry metric tonne" If we can produce a market acceptable pellet? $140 tonne is the price. SERIOUS MONEY HERE. ------------ What we are waiting for is the RNS regarding advancement of new port. (Once this RNS hits then big rerate to happen). With so many stakeholders involved I wouldn't be surprised for this news to be out in public domain pre RNS). Then with a viable route to export for 12Mtpa Stage One (after confirmation of Mineral Port) THE BIG BOYS WILL BE CIRCLING to get a piece of action especially if pelletisation update to coincide stating $140 a tonne. DYOR RESEARCH. DYOR DERAMPING. I for sure am eagerly awaiting any developments regarding mineral port in relation to ROC's plan to be submitted to IMF for diversification of economy before executive meeting next month. As I said earlier, time is ticking and these policies are being agreed as we speak in preparation.

Good morning wdelboy2 you were saying yesterday how you hoped they would get a move on with the mineral port. Here you go. Things will happen soon and here's why... Disclaimer (those shorting, it might be a good idea to look away) http://www.lenouveaugabon.com/economie/2204-13418-le-congo-et-la-guinee-equatoriale-vont-signer-leurs-programmes-avec-le-fmi-annonce-mitsuhiro-furusawa Congo and Equatorial Guinea to sign IMF programs, says Mitsuhiro Furusawa NOW LETS LOOK AT THIS ARTICLE A LITTLE MORE CLOSELY "Congo, which has just hosted a mission of the institution in its walls, will sign its Extended Credit Facility program very soon." IMF executive board is meeting next month. Very soon! I like that. (IMF EXECUTIVE BOARD ARE MEETING NEXT MONTH AND POLICIES NEED TO BE AGREED IN ROC PRIOR TO THAT AND TIME IS TICKING). For the IMF to sign off on any deal the ROC needs to tackle external debt (Glencore/Trafigura/China). Now why is this debt important? Now let's go back to the article above. It also says: "it is assured within the institution, although the two sides have managed to agree on which policies will receive financial support," HAVE MANAGED TO AGREE WHICH POLICIES WILL RECEIVE FINANCIAL SUPPORT. The article then goes on to say: "DIVERSIFY their economies in order to escape dependence on oil revenues." DIVERSIFICATION OF ROC CAN ONLY HAPPEN WITH SPECIAL ECONOMIC ZONES AND MINERAL PORT. You can bang on all you like about the 'thriving' logging industry out there but that ain't nothing to help pull the ROC out of their economic misery. Maybe the derampers will now pipe up now and say, yeh the article I kindly posted above says that the ROC and IMF have "managed to agree on which policies will receive financial support" but how do you know the Special Economic Zones/Mineral port is one of them? I would then kindly ask them to read this: Feb 23 WORLD BANK visit ROC "inquired about progress of SEZ and preparation for Stage 2 of the project to SUPPORT DIVERSIFICATION of the economy" Meeting "will enable World Bank experts to prepare BUDGETARY and INSTITUTIONAL SUPPORT for the SEZ's" https://tinyurl.com/y8ecxzu5 AND IF THAT IS NOT ENOUGH THEN HAVE A PERUSAL AT THIS: March 2018: "China and Congo talk debt in Kenya. Rescheduling talks of Congo's Chinese debt are underway in Kenya. China may put into the balance the planned 99-year and 30km2 Pointe Noire SEZ" THEN IF THEY ARE STILL BANGING ON, HIT THEM WITH THIS.... April 10th meeting: Minister Jean Jacques Bouya and Ambassador Ma FU LIN also discussed the prospect of the implementation of other development projects such as the construction of the Special Economic Zone and the MINERAL PORT at Pointe-Noire ------------ Now how is this all relevant to our share price? As per 8th March Zioc Project Update RNS: "Advancement of the new port deve

No worries mate. I wonder how this meeting went.... March 2018: "China and Congo talk debt in Kenya. Rescheduling talks of Congo's Chinese debt are underway in Kenya. China may put into the balance the planned 99-year and 30km2 Pointe Noire SEZ."

wdelboy2. The business contract was signed in Feb 2016.

Don't spread lies about what I posted. I can't believe we are still going on about this. You are so tiresome. It is in black and white.

extrader my news was NOT recycled. It was from this year. The project stalled before and new contractors came on board. I don't post bulls.hit.

Just thinking out loud here. So Eqt and the CLN holder were in negotiations to cancel the CLN right? These talks stalled as per RNS before. The CLN holder went short so that he could try and keep the price at a certain level (to help him with his conversion at a better price) Just pure speculation here. Talks this week have resumed between CLN holder and EQT and repaying his CLN has been back on the agenda. Financing is coming to a close (just my thoughts) Part of the deal is for the CLN holder to draw down enough to cover his short so has those shares to cover his short and instead is not buying on open market as SP will rise due to financing being agreed. Now he is sorted short wise and is long with those shares from 0.4p. Financing with whoever it is is soon to be sorted and will pay back the CLN holder his initial investment and a fee on top of that to keep him happy. CLN holder now owns just under 3% of company and has made money in CLN as got money back from that and some in top as a thank you to close. CLN holder is now long (he has acted quite well in all of this and could have been more ruthless but believes in business etc????) Now he's long and owns a nice wedge of the company at 0.4p. Financing RNS next with CLN being paid off?

Yes wdelboy2 nail on the head. Also found this earlier.... April 9th 2018 Cooperation: Congo projects soon on the table of the World Bank "The Congo and its representatives have only a few days to agree on the components of projects to submit to the World Bank (WB), since it will open its spring meeting in a week, the 16 April, in Washington." --------------------- This came before..... 12 April 2018 meeting: "World Bank will align with the IMF in this direction to help the Congo, added the official of the World Bank." "To achieve diversification of the Congolese economy, the World Bank will be involved in the financing of these programs, related to agriculture, SEZ's, the MINING SECTOR" ----------------- Then we have this: Feb 23 WORLD BANK visit ROC "inquired about progress of SEZ and preparation for Stage 2 of the project to SUPPORT DIVERSIFICATION of the economy" Meeting "will enable World Bank experts to prepare BUDGETARY and INSTITUTIONAL SUPPORT for the SEZ's"

Hi extrader. Good to hear from you. Would you agree however that a bailout package from the IMF (where they have been stressing the need for diversification) will be wanting to see how ROC can actually diversify away from oil? They would hardly agree to the bailout package on simple ROC promises that in the future they will diversify away from oil. The IMF will want a plan and funding routes agreed to implement this plan? Would you ask agree that diversification is only possible with the SEZ's (most notably Pointe Noire and it mineral port). This also can be seen from the World Bank recently promising to support these plans with funding of their own as well. For this to all happen, progress on these projects is required and IMO will go hand in hand with the IMF bailout package.

Sorry Degsy. Here it is: http://www.adiac-congo.com/content/dialogue-social-le-congo-va-conclure-un-programme-avec-le-fmi-82218

The key to the whole of this is the IMF bailout package. Without that, things would be very tough indeed. At the same time, the IMF have had a number of things they need Congo Brazaville to adhere to before bailing them out again. In the December 2017 meetings they had a few stipulations. In 2018 Congo, has taken these ideas on board and already implemented them. One was to privatise the oil industry. That has been done already. Then on top of that we have the World Bank pledging support as well. 12 April 2018 meeting: "World Bank will align with the IMF in this direction to help the Congo, added the official of the World Bank." "To achieve diversification of the Congolese economy, the World Bank will be involved in the financing of these programs, related to agriculture, SEZ's, the MINING SECTOR" We already have had stakeholders meet recently in terms of constructing the SEZ and Pointe Noire port. April 10th meeting: "Minister Jean Jacques Bouya and Ambassador Ma FULLIN also discussed the prospect of the implementation of other development projects such as the construction of the Special Economic Zone and the Mineral Port at Pointe-Noire" The whole project stems from the IMF. They would not bailout the ROC if they knew funds would be embezzled again or have a plan on how to diversify the economy. DIVERSIFICATION IS KEY HERE. THE ONLY WAY THEY CAN SUCCESSFULLY DIVERSIFY AWAY FROM OIL IS THROUGH THE SEZ's AND ITS SUBSEQUENT MINERAL PORT. Funding for the mineral port is nailed on now.