Baobab Resources Share Discussion Threads

[kbrook] 04/1/2015 14:53

Thanks pensioner.

[pensioner2] 04/1/2015 13:19

The Annual General Meeting will be held at The Wrench Room, Over-Seas House, Park Place,
St James’s Street, London SW1A 1LR United Kingdom on Thursday 29 January 2015 at
14.00pm (GMT).

[kbrook] 04/1/2015 12:58

tuckman or anyone.. Remind me what's the date of the AGM?

[tuckman] 04/1/2015 11:40

Question is, do you think the project will be a success? If it is then what will happen to the share price over the coming months and years? We are where we are because people do not believe they can get $1.1 billion. What would the market think if they only had to raise less than $100million. What if they go to Steel , what if they have an OPEX with credit sub $100 and REBAR goes for over $600/t

Would the market believe then, would it believe if an MOU is signed with one of the Chinese outfits in competition for the construction of the project ?

Will it believe when the cash is raised to pay for it or will it only believe years down the line when the first product is produced.

Like Pete says when the market believes IMO this will rocket but the question is what will make it believe.

Let's hope we soon find out especially before the AGM!!!!

Tickets and hotel booked!!!

[6kenny] 04/1/2015 10:43

Not sure about those gains over a few days Pete but getting to double figures again would be a start.

Bao is an embarrassing word in my home so I only talk about it if asked and even then it's very brief.

[pete_bain] 04/1/2015 10:41

Yea Kenny u said before Me too - my girlfriend cannot understand that mentality tho. What a difference the slightest whiff of 'outside interest' would make. Beyond doubt it would quintuple in a few days.

[6kenny] 04/1/2015 10:11

I have mentally written off my investment so I am here until we either make it big or go bust.

[jedad] 03/1/2015 19:33

Vindaloo is off the menu, that's for sure,,lol...have great week end all..

[gowboy] 03/1/2015 17:22

You selling tonight kenny?

[6kenny] 03/1/2015 16:02

Egg fried rice

[jedad] 03/1/2015 16:01

Pensioner,,china harbour??

[gowboy] 03/1/2015 15:54

TianJin. ........anyone like to place a wager....?

[6kenny] 03/1/2015 15:46

Let's hope all our eggs in Chinese baskets doesn't come back to bite us.

[pensioner2] 03/1/2015 15:29

See if you can find them jedad;

"I am pleased to inform shareholders that the Company is in discussions
with three large Chinese EPC providers to the global steel industry"

[jedad] 03/1/2015 15:23

I wonder which companies we are in talks with?

[pensioner2] 03/1/2015 15:19

Maybe he didn't choose to leave kbrook? My view is, he was brought in to facilitate access to Indian potential partners. Now we seem to be exclusively focussed on China, maybe there was no role for him?

Just looking back on the 2013 results, the unused ELF at that time was over £13m and, as far as I can see, we haven't drawn on it since. AMED are obviously keen to keep their %age @35.4% by funding as required to stop any further dilution at these low prices. So, imo, we should be grateful for that major supportive shareholder and, as well as stopping dilution, they will be giving Ben confidence in his discussions with potential partners.

[kbrook] 03/1/2015 15:00

Not yet, latest estimate two weeks. Not in a rush as I won't be using it till probably March, don't want to get it dirty!

[6kenny] 03/1/2015 14:57

Not a bad thing to trim the wage bill.

Did your bike arrive?

[kbrook] 03/1/2015 14:54

What are views on the departure of Dr Kaul, he didn't seem to do very much but why would he choose to leave now? There were a couple of biggish sells after the news so I wonder if it spooked a few. At least we started 2015 with a blue day, first of many I hope.

[jedad] 02/1/2015 16:28

Kb,,lol, he certainly didn't do much with regards to the sp,,hopefully we can move on....happy new year to all..

[pensioner2] 02/1/2015 16:22

IDMBAO

RNS Number : 2088B

Baobab Resources PLC

02 January 2015

BAOBAB RESOURCES PLC

RESIGNATION OF NON-EXEC DIRECTOR

2 January 2015

Baobab Resources plc announces the resignation of Dr. Mohan Kaul with effect from 1 January 2015 due to other commitments.

Jeremy Dowler, Chairman of Baobab Resources plc commented "The Board wishes to extend its thanks to Mohan for his contribution to the development of Baobab and wishes him well for his future endeavours. The Company will commence a search for a suitable new Non-executive director who will be able to add value as the Company works towards the finalisation of its Definitive Feasibility Study for the Tete Project.

ENQUIRIES

__________________________________________________________________________________

The point of having him was to open doors in India imo. If we are concentrating on opening doors in China, then he would not be as much use there. Let's see if we find (or, even, need) a Dr Fu Man Chu.

[kbrook] 02/1/2015 16:14

Bye bye Dr Kaul.... I'd like to say you will be missed.