Sable Mining Share Discussion Threads

[recordz] 24/9/2015 23:32

This ones been crazy past few days.
Where did all those shares come from?

[letmepass] 24/9/2015 20:20

Great volume today bodes well for tomorrow

[sigora] 24/9/2015 16:25

colin you and tidy here very reassuring chat on other board of some1 accumalating lets see how it plays out over next week or so mate

[tidy 2] 24/9/2015 16:22

Yes let's see where it goes now. Shorters have to close !I've taken some Xtr. But signal confirmed at 0.28 !!

[colin12345678] 24/9/2015 16:22

Nice to see you in here Sigora getting good at this arent you !!!

[colin12345678] 24/9/2015 16:22

iaintgotaclu
Posts: 1,769
Off Topic
Opinion: No Opinion
Price: 0.80
RNS
Today 16:18
Can i just remind everyone of this received 3 days ago !! what do you think they are doing ! grabbing what they can for big profits

Mon, 21st Sep 2015 07:00

RNS Number : 5482Z
Sable Mining Africa Limited
21 September 2015

Sable Mining Africa Ltd / Index: AIM / Epic: SBLM / Sector: Natural Resources

21 September 2015

Sable Mining Africa Ltd ('Sable Mining' or 'the Company')

MoU on Zimbabwean Coal Power Station Development

Sable Mining, the AIM listed exploration and development company, is pleased to announce that it has entered into a Memorandum of Understanding (the 'MoU') with a view to developing a 600MW coal-fired power plant at the Company's 19,236 hectares Lubu Coal Project in Zimbabwe ('Lubu'), with CITIC Construction Co., Ltd ('CITIC'), a subsidiary of CITIC Group, a Chinese based construction and services provider.

Under the terms of the MoU, Sable and CITIC will explore the opportunities of using their respective expertise to work together to develop a commercial coal-fired power station at Lubu. It is the intention that coal mined at Lubu (which is located in the Mid Karoo Zambezi coal basin in the established Hwange mining district of north-western Zimbabwe), will supply the power station.

The MoU is supported by the Republic of Zimbabwe and the Ministry of Energy and Power Development, which is the administration in charge of power development, in line with its mandate to promote the development of energy and power generation in Zimbabwe.

Sable Mining CEO Andrew Groves said, "Considering the energy and power dynamic in southern Africa, there is a major demand for a secure and reliable power supply, which will continue to grow unless new power sources are established. Our proposition is to develop a 600MW coal power station in conjunction with CITIC and with the support of the Zimbabwean government. This will represent a significant step forward in solving the ongoing energy deficit which is currently presenting significant obstacles to development within southern Africa. The combination of our quality coal together with CITIC's access to power plant infrastructure, financing and construction expertise has the potential to create a long term power supply which, due to Lubu's strategic location in north-west Zimbabwe, could supply both domestic and regional demand once connected to the established power grid. Our team now look forward to exploring the commercial potential of this MoU further with the CITIC team and moving forwards with this project at speed."

[sigora] 24/9/2015 16:18

very weird going on here but in holding on in

[tidy 2] 24/9/2015 16:15

Shorters moved in again !

[tidy 2] 24/9/2015 16:05

Hopefully mate

[festario] 24/9/2015 16:03

I think I might get my close over 0.75, that's a very positive sign.

[tidy 2] 24/9/2015 15:36

Depth 20 / 12 Let's go !!!

[sigora] 24/9/2015 15:32

in to the last hour with momentum building

[tidy 2] 24/9/2015 15:28

Paying full :))

[tidy 2] 24/9/2015 15:28

Let's smash the penny !!!

[tidy 2] 24/9/2015 15:26

!!! Here we go !!!

[tidy 2] 24/9/2015 15:24

Depth now 21 / 12They want shares, has to go up !!

[tidy 2] 24/9/2015 15:21

Can sell above the bid !!!

[tidy 2] 24/9/2015 15:18

Let's go possums 1.15/1.25 my target today !!!

[sigora] 24/9/2015 15:18

buys coming in lets breech .90 this time

[thehitman1] 24/9/2015 15:16

Wres on the move soon.

[tidy 2] 24/9/2015 15:14

84/85 gearing up again !!

[tidy 2] 24/9/2015 15:14

Yes quite a few million orders being filled mate

[sigora] 24/9/2015 15:12

seems to be few more of them in the back ground tidy2

[tidy 2] 24/9/2015 15:12

That's £16k.