An Integrated Bankable Feasibility Study report for the entire project indicated total potential revenues of US$ 7.5-8.5 billion over an initial 25-year mine life, and imvho days nbot months away from ppa
It’s a long term strategy here and to an extent a different one to what is was 5 years ago but it’s not as if we’re starting from scratch and things take time frustrating as it is patience will prevail imho and also imo kibo will always control katoro plain and simple
Well we will have to agree to disagree you don’t care for the likes of me but I do care for you and would only wish you well whatever your thoughts or motives . What a wonderful gift life is
Just because it’s been sold for 200k doesn’t mean that’s what it’s worth in the right hands . Kat can’t pay much for it but it’s all about keeping it isn’t it and splitting it from kibo . Market price for that in tanzy wouldn’t be good anyway but that’s not lc’s fault the important thing is it’s still in our hands as much as possible
Could be bigger than the mcpp Noel will confirm that as proviiding kibo stays a majority shareholder in katoro then happy days . However I guess it would have been better for it be split to a company 100 pct owned by kibo so perhaps we have lost a large percentage not sure how all that works perhaps kibo will buy more Kat . I hope so
Will benefit mcpp as much if not a lot more than anyone else imo the project plans for it are immense if anyone has a spare couple of days to read them
Strange as it was was the adb that met with officials lately on financing so the world bank who are anti coal will finance a project that will be utilising coal lol
I believe as it was not regulatory news the nomad would not approve why edl did it I can’t answer I do wonder how much lc is taking on on his own and perhaps just doesn’t have the resources to follow everything so closely just surmising
Yesterday’s announcement has always been the plan and as lc clearly stated in person a while back you could not secure funding on the coal projects with other assets attached to the company . It’s all shaping into place
All being well 10 or 20 bags could be a real possibility if all we don’t know is very good news and all we do know doesn’t change. Nobody knows exciting or what providing we keep the share count down as much as possible. Kibo energy transition period is going to be painful and boy are we feeling it now come on ppa prove the concept