Although the implementation of the MOU depends on the issue of the Special Mining Licence, the terms of the MOU are effectively a list of advantages that will accrue to the country once that licence has been issued, and other governmental permissions obtained. Of course, as stated, advantages will accrue to the private companies involved, but they have pledged that their pricing etc will be fair. So it's a win all round.
KBO
#21
Posted 20 April 2017 - 11:23 AM
#22
Posted 20 April 2017 - 09:00 AM
#23
Posted 19 April 2017 - 11:05 AM
Sent from my HUAWEI LUA-L01 using Sharenet Sharechat mobile app
#24
Posted 19 April 2017 - 09:42 AM
What do you mean, PIK. That's Pick n Pay's share code. This is the Kibo board (KBO)
#25
Posted 19 April 2017 - 09:22 AM
Sent from my HUAWEI LUA-L01 using Sharenet Sharechat mobile app
#26 Guest_PlatinumWealth.co.za_*
Posted 14 April 2017 - 05:05 PM
I need to look into this stock again.
#27
Posted 13 April 2017 - 07:38 PM
Sent from my HUAWEI LUA-L01 using Sharenet Sharechat mobile app
#28
Posted 13 April 2017 - 04:10 PM
I think the various SENS announcements are converging towards success in a big way. I mean, recently the company announced it was adding the option of mining for sale to non-power-station as secondary customers as well. More cash earlier. Then it’s opening monthly Q&A sessions for professionals with Vox Markets. In my view this could lead to its SPEC BUY recommendation (from Beaumont Securities) being turned into a BUY recommendation quite soon. To be mining coal and generating power in Tanzania, away from South Africa, looks good. To me, this company is U N D E R – V A L U E D in a big way.
#29
Posted 12 April 2017 - 03:46 PM
Very slim trade though
I sold out at a de cent profit
Will re-enter when there is some more action
#30
Posted 12 April 2017 - 10:54 AM
#31
Posted 21 February 2017 - 03:24 PM
On what platform are you if I may ask?
Just checking the general JSE level 2. Guess its because no one is selling hence why the only seller sat at R2 earlier today.
#32 Guest_PlatinumWealth.co.za_*
Posted 21 February 2017 - 02:28 PM
R2 ask now for shares? Was R1.25. Anything happening?
On what platform are you if I may ask?
#33
Posted 21 February 2017 - 12:03 PM
R2 ask now for shares? Was R1.25. Anything happening?
#34
Posted 20 February 2017 - 09:01 AM
Your views resulted in me taking a small punt in KBO. I don't expect any short term value but holding this one with n longer term view.
Been here 2 years. Expecting short term value. Special Mining Licence will be completed soon as well as 25 yr off take agreement from Tanzanian Gov. You may have timed this well lets see.
#35
Posted 20 February 2017 - 08:54 AM
Your views resulted in me taking a small punt in KBO. I don't expect any short term value but holding this one with n longer term view.
#36
Posted 17 February 2017 - 08:39 AM
Wasn't intentional. It's my first post ever, and I wrote it out first in Microsoft Word, using a big font for easy reading. Then I just copied it and pasted it into the posting box, not thinking that the font size would survive. I thought it would be automatically changed to a standard size.
Nice analytical post though -
#37
Posted 16 February 2017 - 01:16 PM
I have been holding this one for a while. Doubt it would quadruple in a year. I see 2018 as the year it starts to move hard. But if it happens this year I would surely welcome that too
Construction is due this year, and hence the project needs to be sold off in part or in full to realise capital. This should be sold off in excess of around 5x current price or $100m. So it should happen this year unless there are any delays.
#38
Posted 16 February 2017 - 11:37 AM
I have been holding this one for a while. Doubt it would quadruple in a year. I see 2018 as the year it starts to move hard. But if it happens this year I would surely welcome that too
#39
Posted 15 February 2017 - 07:02 PM
Not to mention Sanderson took a stake in the power project of roughly three times the current share price. Nothing has been reflected as yet but soon will.
#40
Posted 15 February 2017 - 05:15 PM
Wasn't intentional. It's my first post ever, and I wrote it out first in Microsoft Word, using a big font for easy reading. Then I just copied it and pasted it into the posting box, not thinking that the font size would survive. I thought it would be automatically changed to a standard size.