Mustang Energy Share Discussion Threads

[aimbagger] 24/3/2021 22:52

https://www.linkedin.com/posts/cellcube_bushveld-nears-construction-of-solar-plant-activity-6732308368876216320-b-r2

[aimbagger] 24/3/2021 22:45

hTTps://youtu.be/qRApioHXVi8

[aimbagger] 24/3/2021 22:45

Recently Acacia Resources bought in who were seed investors in BMN, they now hold 24% of MUST. Looking like Enerox is the RTO target, directors even liking tweets suggesting so. SA making moves to green energy and VRFB's for storage. With the BoD not taking any remuneration until a deal is done and with Acacia now the largest shareholder plus the MD in 2nd place, they will want maximum value for shareholders. Looks a very good bet to me.

[robertspc1] 24/3/2021 18:37

I can buy into a Goldman Sachs SPAC at a very small premium to cash. Why would anyone pay big multiple of cash here? Any vendor won't take massively overvalued paper

[dontay] 24/3/2021 15:20

The case for getting in early for investing in the strong possibility of an Enerox VRFB assembly factory being established on the African continent:Today 14:43World Bank - ECOWAS Regional Electricity Access and BEST Project (P167569)Masterplan of the combined Generation and Transmission Grid Expansion and Renewable Energy Deployment Strategy in West African Power Pool (WAPP)Page 11 & 12Component 1: Design, supply, and installation of electricity distribution infrastructure (estimated cost: US$286 million - Power LinesComponent 2: Design, supply, and installation of BEST equipment (estimated cost: US$131 million This component involves the supply and installation of a 205 MWh Battery Energy Storage Technology (BEST) to provide frequency control to the WAPP power system. It will include all the elements required to connect the system to the 225-kV busbar of the substation. The equipment will be installed in three substations in Cote d'Ivoire (105 MWh), one in Mali (80 MWh) and one in Niger (20 MWh)Regional cooperation is crucial in ending extreme poverty and boosting shared prosperity in West Africa. For over 40 years, the Economic Community of West African States (ECOWAS) has united 15 countries with the stated goal of promoting economic cooperation and achieving 'collective self-sufficiency'. Its current members are Benin, Burkina Faso, Cabo Verde, Côte d'Ivoire, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, The Gambia, and Togo. In addition, Mauritania has signed a new cooperation agreement aimed at improving economic and security situation in the region. The block of countries occupies a little over 5 million sq. km and is highly heterogeneous-economically, culturally, and ecologically-presenting both opportunities and challenges to economic growth and development. In this context, ECOWAS is promoting economic cooperation and regional integration as a tool for an accelerated development of the West African economy as per ECOWAS Vision 2020.2. The effects of sustained macroeconomic growth are translating into improved economic governance. The countries in the region are some of the poorest in Sub-Saharan Africa (SSA) with gross domestic product (GDP) per capita of under US$2,000 on average and as low as US$553 in Niger and US$ 527 in Sierra Leone. Economic growth in the region is driven by the large economies, such as Nigeria, Côte d'Ivoire, and Ghana. Real GDP growth in West Africa increased modestly from 3.6 percent in 2018 to 3.8 percent in 2019, driven by increased economic output from the region's larger economies-Nigeria, Ghana, Côte d'Ivoire, and Senegal-as well as impressive growth from several smaller countries-Benin, Burkina Faso, Sierra Leone, and Togo. Countries across West Africa and the Sahel have struggled to diversify their economies to shift away from less productive (agricultural) to more productive sectors (services). The transition has been slow due to over-dependence of many countries on the agricultural sector as a source of livelihood, food security, and export revenue. Job creation in the formal economy of most countries remains relatively limited; most people are employed by the informal agricultural economy and lack the education and skills required for the servicesLong Read!Https://documents1.worldbank.org/curated/en/124321615923620968/pdf/Project-Information-Document-ECOWAS-Regional-Electricity-Access-and-BEST-Project-P167569.pdf

[aimbagger] 24/3/2021 07:54

How long will it be until people put 2&2 together?hTTps://twitter.com/aim_bagger/status/1374624602291367939?s=21

[aimbagger] 23/3/2021 13:51

Delayed 50k buy

[jonny_wright] 23/3/2021 13:27

Dips snapped up once again

[aimbagger] 23/3/2021 11:55

Added at 26.88p, too cheap

[gah123] 22/3/2021 08:15

Agree just a matter of time, tiny free-float

[aimbagger] 22/3/2021 08:14

NT already today, 50p comes this week IMO. Would still only be £5M Mcap...

[aimbagger] 20/3/2021 12:26

The Mustang Energy PLC website has now been updated to reflect our new strategy to acquire interests in energy storage & stationary battery assets, together with our largest shareholder; Acacia Resources Limitedmustangplc.com#MUST #RenewableEnergy #EnergyStoragehTTps://twitter.com/mustang_plc/status/1373236964409888769?s=21

[aimbagger] 19/3/2021 15:18

Superb fight back today. Bouncing off support, bodes well for next week.

[begorrah88] 19/3/2021 11:12

Fair point about some of them who previously held 300000 shares would now be below the 3% notifiable limit [although the list on the website goes down to Alan Broome at 140000 but he may be included due to being the non-exec Chairman] but Optiva Securities & their 855000 disappearing between the 12th & the 17th on the list is a concern, especially as they are the company broker.

Hopefully all trivia in the long run but it does explain why the share price is unable to rise at present for me.

[aimbagger] 19/3/2021 10:56

Some of those shareholders will have gone below a notifiable holding due to dropping under 3%. As it's through dilution there's no need for a TR1. They may well still be holding. Some have clearly sold to Acacia and I'm far more comfortable with a company like them who will have a long term outlook, holding a large portion than a PI that may wish to change his/her stance at any given time.

[begorrah88] 19/3/2021 09:41

I think I've found the answer to my question [as it is happening again today with each buy getting cheaper].

The MM's are sat on a lot of stock they are unloading - if you look at the company website shareholders list that was update on the 17th, 7 different shareholders have disappeared equating to 2.25million shares.

Optiva have cleared out entirely 645000 + the options they took up of 210000,2 holders who had 500000 each,1 at 336000 & 3 at 300000 each.

two of those will have accounted for the 800000 take up from acacia but the free float is now 2.5 million shares or 24.2% of total stock in issue.

Where & why have all those significant shareholders disappeared and why has it been done on the quiet?

An odd clear out of shareholders without an explanation.

[begorrah88] 18/3/2021 15:41

Anyone got any idea why they do this silly thing of buys getting cheaper with every trade until they bounce it down with the daft little trades?It happens most days.

[aimbagger] 18/3/2021 15:32

Cheers Dontay, let's see if MUST (if the RTO is Erenox) gets a slice of the pie.

[dontay] 18/3/2021 14:50

Take away: Preferred Bidders •ACWA Power Project DAO•Karpowership SA Coega•Karpowership SA Richards Bay•Karpowership SA Saldanha•Mulilo Total Coega•Mulilo Total Hydra Storage•Oya Energy Hybrid Facility •Umoyilanga EnergyMy guess, only a guess.... ACWA Power Project DAO will be our partner in this but ... maybe more... it seems 4 of the 8 those preferred bidders have included BESS! (Battery Electric Storage System) In S.A. that's surely thats gotta mean Vanadium!? 400mwh as PV+ battery storage? Huge! Upcoming Bid window No.5. ... RFP for another 2600 MW of renewables will be released midnight today!

[dontay] 18/3/2021 10:45

Link to what today's winning bidders presentation is about, includes list of bidders. Any BMN/BE involvement will only be as part of a consortium one of those listed! As we have no idea who of those listed who we might be partnering with, IF any! and that being the case ... we will only learn that info via a follow up RNS from BMN.Https://www.greenbuildingafrica.co.za/south-africa-2000mw-risk-mitigation-new-generation-to-be-online-in-june-2022/

[dontay] 18/3/2021 09:52

It's not for me but that's no reflection whatsoever on the potential of MUST. I think though it would be worth mentioning that whatever does come out this afternoons presentation, it's only likely to have a small BMN involvement. This contract is a completely separate project to the main course that's also 'imminently' expected. Don't get too despondent if there's not that much in it for us just yet. Today's presentation is about a mixture of renewable energy GENERATION sources, that's what the main focus of this is about ... however it's supposed to have some energy storage bolted on to it. The next announcements to come are 100% all about storage! BMN/BE getting what they want from them is hoped will support the business plans for a battery manufacturing plant to be established (Enerox hopfully!) in S.Africa. Today's presentation is also expected to lay out the next series of bid invites that are due to be sent out this month ... and news of even more to come this summer. This really is just the beginning! Today is just the dawning, the sunrise of what is expected to be a whole new nation wide industry in S. Africa. It's that big and that important to S. Africa and its economic fate, that the government, the World Bank, in fact the whole rest of the world... simply cannot allow it to fail. Just imo.

[intheknow69] 18/3/2021 07:42

Not long before news will set this rocketing. With so little free float I’m amazed you can actually buy anything. Also amazed there are actually sellers. Crazy people.

[aimbagger] 17/3/2021 22:34

Brilliant, thanks mate. This interested you enough to have a dabble? ;)

[dontay] 17/3/2021 18:23

That should read WE are two hours behind SA time, 2PM here!