Mast Energy Developments Share Discussion Threads

[wewillwin20] 28/12/2023 11:08

No cash received bail

[wally27] 26/12/2023 09:04

MED festive tweet.

Confirmation this week of first million landing and it's proper game on!

[wally27] 22/12/2023 11:10

Just over an hour to be in for rerate...

[lurker5] 22/12/2023 10:16

wally. read back on here to see the facts, rather than the fantasy drugging the lemmings.

[lurker5] 22/12/2023 09:57

At one stage I thought, while he's obviously no project manager or financial wizard, he's a good lawyer (to have survived on AIM while scamming thousands of punters. The word 'good' for a lawyer applies to skill, not virtue). But then came Katoro and Blyvoor !! - the biggest faiure of due diligence in history !

[wally27] 22/12/2023 09:56

From telegram group...

The issue was with the Indian government but now payment split all good.

Not dissimilar to the issues the football club Blackburn Rovers had.

[sirianbotham] 22/12/2023 09:08

He's not that clever

[wewillwin20] 22/12/2023 09:03

Coetzee is the biggest scam artist

[lurker5] 22/12/2023 08:35

And anything connected with Coetzee has always been a Dell Boy operation. This one fits the bill

[wally27] 22/12/2023 07:43

Funders are very wealthy and issue was getting money out of India.

It's a done deal and will add more if stays below 1p.

[lurker5] 22/12/2023 07:37

Dear oh Dear ! only £1m (from this 'global energy conglomerate' who can't afford the other £1m before mid-Jan) - and it goes only to the jv - not to the different MAST who at June owed a net £1.6m to creditors (excluding £1.2m to Kibo) and with no income will have increased to over £2m it can't pay. Proventure doesn't seem to want to pay anything to Mast for the only project it has worth transferring into the jv (Pyebridge) and even that has shut down. No wonder, and no wonder Venter had to cough up to 'window dress' MAST' balance sheet before the accounting deadline next week. The lemmings don't seem to know that Mast is what they are invested in - not the jv and loses what value it has in Pyebridge (£1.9m last june) and gets 'credited' with only 25% of it in the jv. So it is now even more bust than it was in June. Yet the lemmings think they're rich ! - I call that 'imbecilic'. !
Oh ! - and shareholders have never been told the 'terms' of what is obviously a heavily revised jv (only an 'interim payment to the jv. No mention of payment to Mast ) It was not being told the full picture that inveigled punters into Mast when floated at 12p - and its the same now.

[wally27] 21/12/2023 18:20

Oh dear, sounds like someone sold up and will be having a very miserable xmas when news lands tomorrow ;)

[lurker5] 21/12/2023 18:04

lemmings completely oblivious of the fact that none - NONE - of what the deal envisaged back in May and then in October is in place. No projects in a fit state to inject into the jv. The thinned down tranche one (Pyebridge) now in 'care and maintenance' so needs more cash - which the £2m 'initial' payment will no doubt fill. But MED has spent only a small part of what the 'historic' cost was to be and so won't get the full 2nd payment. Loads of other red flags for those who aren't blind. A complete shambles on both sides and any 'deal' will have to be renegotiated. Over all is the fact that the need for Mast to repay the cash it is to get by foregoing 2/3rds of its 25% 'share' will leave it with peanuts for a very long time and not enough to fulfill the rest of the deal. Once that penny drops, there'll be a lemming bloodbath

[cgod] 20/12/2023 12:50

Soon!!! then the party will start.

[man9315] 19/12/2023 10:01

And in your mind you perceive that the characteristics ,qualities and similarities that you and Churchill share to qualify your utterances are exactly what again

[lurker5] 19/12/2023 08:33

Churchill was also known to bawl out (more juicily than me) those he spotted as imbeciles ! But I've spared you more than I should have done !

[guitars4stars] 18/12/2023 22:26

Lurker read your own post back around 4 hours ago.. you come across as like an unhinged idiot Just try mellow yourself & hello write with a modicum of respect going forward please

[lurker5] 18/12/2023 20:10

You're either manipulating this share for your twisted purposes, or a true double imbecile. Can't you read ? Mast is not the same as the Pyebridge jv where the £2m is said to be being paid. They are different companies and whatever the jv gets Mast can't touch.

[lurker5] 18/12/2023 18:12

'They' is not Mast you imbecile.

[z1co] 18/12/2023 14:49

Pay attention to the share price when they receive the interim £2m payment