China New Energy Share Discussion Threads

[tidy 2] 31/5/2016 12:02

Cusp of golden cross here.

[apfindley] 31/5/2016 09:20

GWMO deal coming. And drilling news soon. Further sampling also been carried out showing very high grades. Wait and see.

[hope67] 30/5/2016 17:53

So much news to come could get new contracts in Nigeria and North America

Hungary

Visontai Bioetanol Fejleszto Korlátolt Felelosségu Társasá;g ("Viscontai") has informed CNE that the 30 million Euro project finance has been agreed with local banks and that CNE should expect to commence the construction of the 150 million litre per year corn-ethanol biorefinery in 2015. CNE will undertake the project in partnership with the Oriental Scientific Instrument Import and Export Corporation ("OSIC) and local construction companies. CNE has an option to acquire 24% of the Viscontai project.

Hungary is a net-importer of petroleum and the ethanol will be used to supply the domestic fuel market.

Thailand

CNE and its partner OSIC designed and constructed a 120 million litre per year cassava-ethanol biorefinery for Ubon Bio Energy ("UBE"), which was opened by princess Sindhorn in 2014. Since opening, the project has won many accolades for the positive impact on the local community including: creating 600 jobs at the biorefinery, creating economic opportunities for 10,000 cassava out-growers and reducing the local cost of petrol. As a result of this, UBE has commissioned a second project from CNE and OSIC. To meet local environmental legislation, UBE is currently conducting an Environmental Impact Assessment ("EIA") for the new project. UBE has reported to CNE that it expects to gain regulatory approval and commence the project in 2015.

Sub-Saharan Africa

CNE entered into a development partnership with Sunbird Bioenergy Africa ("Sunbird") in 2013 with the intention of developing an initial 120 million litre per year cassava-ethanol in Nigeria with an additional 9 projects forecast across the region.

Sunbird and the local development partner OBAX World Wide Limited ("OBAX") reported that they have completed the land and agricultural survey and crop enumeration of the 20,000 Ha of land for the project and are awaiting the final certificate of occupancy from the Ministry of Agriculture and Rural Development. Sunbird and OBAX have met the conditions needed for the certificate of occupancy and expect it to be granted imminently. It is likely that the project will commence in 2015 and CNE will be responsible for the design and biorefinery technology.

CNE has also reviewed Sunbird's project pipeline for the region and met with key stakeholders in Zambia and Zimbabwe. Employment and energy security were identified as the key drivers for bioenergy projects in the region. Sunbird has been awarded an investment license by the Zambian Development Agency for US$150 million to build a cassava to ethanol biorefinerery and cassava plantation. CNE is optimistic about tendering for a part of this business in due course.

China

The market for first generation bioenergy projects remains slow as legislation favours the development of second generation projects that use cellulosic (non-food) feedstocks. Currently CNE has a project pipeline of £5m in maintenance and upgrade agreements for previously built first generation projects. It remains committed to research and development of Second Generation projects.

[aimmafia] 30/5/2016 06:54

5-7p in my opinion

[zac_mo] 29/5/2016 21:32

If confirmation is given what sort of share price are people thinking. 10p/15p?

[hope67] 27/5/2016 16:44

News could land anytime, does say within a few weeks, expect an update on Nigeria as well.

[jarega85] 27/5/2016 16:21

Uhhh, I've missed a good afternoon here!Let's make some dollar... 10p on Tuesday

[aimmafia] 27/5/2016 16:11

Well let's just leave it there and put something productive on the boards.

[annonymous2] 27/5/2016 15:55

I'd not meet tippow in a million years, not that I'm scared of him but I do not want anything to do with a foul mouthed lout. Some of the sick stuff he writes is
unbelievable !

[aimmafia] 27/5/2016 15:54

Can we just put our differences aside? No point arguing. We are all here to make money

[tippow] 27/5/2016 15:49

lets leave the conversation to CNEL then!

[annonymous2] 27/5/2016 15:47

tippow

What county are you in ?

[tippow] 27/5/2016 15:46

Anytime dog shagger. anytime!

[annonymous2] 27/5/2016 15:44

tippow

I'd love to meet you, you are just scum through and through. And you still think
crowds of people follow you on this site. Probably the most filtered person using this forum.

[aimmafia] 27/5/2016 15:42

Not sold here. Will off load at 5p plus.

[siddle] 27/5/2016 15:34

Why sell before the main event?

[annonymous2] 27/5/2016 15:32

Have you all sold then.

2.25-2.4p, bidding 2.36p online no online buy quote.

Excellent limits there.

[aimmafia] 27/5/2016 11:52

Lol. Me either, few small buys trickling in now. Sellers done for now.

[easwarareddy] 26/5/2016 22:59

Wouldn't want to be out of this over the weekend lol.

[aimmafia] 26/5/2016 18:27

Really good consolidation today. Setting a good base for next leg up. Hopefully a Friday frenzy tomorrow!

[siddle] 26/5/2016 13:51

Agreed, Zimbabwe next so no way anything meaningful is priced in..

[effiert] 26/5/2016 13:49

$190m contract priced in to this minnow that has a market cap of £8m. no debt and around 35 patents worldwide.

And remember this is only deal no 1 of 3 that is outstanding.

Priced in lol.

This hit 5p in dec just on talk of this deal!

[siddle] 26/5/2016 13:47

It went over 5p on just the MOU, so with a deal now imminent, you would think it should see at least that price again..

[113mike] 26/5/2016 13:42

Maybe it is and we're all deluding ourselves?