Kibo Energy Share Discussion Threads

[cl0ckw0rk0range] 02/6/2017 15:00

GuitarsDo you wear a tin foil hat perhaps? Conspiracy theories now is it?"you know fine well the myriad of users names & agendas within"I really have no idea what you are trying to suggest with that statement, please can you clarify?"don't think I missed the name reference or our NW mutual connection..."What's a name reference and/or a NW mutual connection?Many thanks

[guitars4stars] 02/6/2017 14:41

Clock,This is silly - you know fine well the myriad of users names & agendas within - and by the way, don't think I missed the name reference or our NW mutual connection...

[electrick] 02/6/2017 14:34

another week for Kibo of no news other than to confirm releasing assets to preserve cash. Reconfirming old news...SP stagnant for the week with plenty of time for a few to consider the weekend and the next week... As the small sells come through I thing some people are looking at other places where their cash can actually return some short term profits..

I wonder how many more will slide away today and see if the share price declines further

Drip Drip Drip

[cl0ckw0rk0range] 02/6/2017 14:30

GuitarsWhat makes you think that those posting negative views on the KIBO board are in fact NCCL shareholders? That's a sweeping assumption that you are making there, I certainly am not aware of any holders that post here, nor would do I see why they would have reason to, unless of course the subject was NCCL, which on the KIBO board it shouldn't be.

[guitars4stars] 02/6/2017 14:23

And of course if NCCL holders refrain from negative posts re Kibo on the Kibo board - we wouldn't need to point out the failings... let's see how it goes.

[cl0ckw0rk0range] 02/6/2017 14:17

GuitarsI again fail to see how this is "ironic" or "selective". Were the shoe on the other foot and someone was posting misleading information regarding KIBO on the NCCL boards I am sure that someone would soon post there to correct them. Perhaps if individuals here discussed KIBO and not NCCL I would not have to correct them? It is the KIBO board after all.

[electrick] 02/6/2017 14:12

Ol' share price sliding down I see...

I think it is not really a surprise as people understand the impact of the lack of cash and requirement to raise more money to pay the companies salaries

Drip Drip Drip

[guitars4stars] 02/6/2017 14:08

Clock... a 'selective' reply and again ironic.Promoting NCCL versus Kibo by non holders would invoke negative retaliation if done on the 'Kibo forum' I'm sure you're not 'too surprised' ...lovely to have you over for the afternoon though! A good weekend in advance.

[cl0ckw0rk0range] 02/6/2017 14:01

GuitarsI don't know who this "lurker" character is, nor is he my "buddy" as you put it, I fail to see how it's "ironic" that individuals are posting comments negative or otherwise about KIBO on the KIBO board - is that not the purpose of these boards?

[uknighted] 02/6/2017 13:59

Sonic, why bother posting such trash, you only get retaliation for it? Use your time to visit a shrink because your posts suggest you are not normal!

[guitars4stars] 02/6/2017 13:50

Clock,Ironic don't you think that you take exception to comments re NCCL here on the Kibo forum - yet selectively 'clean miss' your buddy Lurker trashing Kibo in the same thread (where we are invested...) whilst poorly attempting to talk up NCCL :)

[cl0ckw0rk0range] 02/6/2017 13:35

SonicI'm posting here because you and others seem intent on making disparaging comments about NCCL which I am invested in. I don't understand why you are associating me with the other posters here, as the only time I am given reason to post is when you start making comments about NCCL on this, a KIBO board, which I do find very odd. NCCL is far from "dead" as you persist in stating and I wonder what view they would take of you're comments here, likely a dim one.

[cl0ckw0rk0range] 02/6/2017 13:19

Just to clarify :NCCL was in exclusive negotiations with SEP not SEPCO III.NCCL suspended exclusive discussions with SEP.I have to say that I don't really understand the obsession with NCCL by certain posters on this board such as Ryan / Laguna / guitars4stars / Soniboomboy / UKbambammatt / Matt etc, or for the need for the foul language and spam, but that's my opinion.Seems a little odd to me.

[lurker5] 02/6/2017 13:08

I've clearly said that the contract to design and plan the project is (as is always the case in these sorts of projects) totally different from any agreement to invest in the project itself (ie to put up some of the capex and take a commensurate equity stake) The latter would show that the consultant (Sepco) thinks its an attractive project to invest in (as opposed to advising on it in the hope of supplying the equipment) Sepco obviously decided it wasn't as attractive an investment as it first thought. No wonder LC has been sliding any discussion of its withdrawal under the carpet

[uknighted] 02/6/2017 12:56

Lurker, you said Sepco has withdrawn, withdrawn from what? They still have to pay the remainder of the initial costs as agreed. All that was said in the RNS was that they would not be taking an equity stake.

[lurker5] 02/6/2017 12:53

Re NCCL. It was on course to be by far the best financed prospect and is still talking to Sepco III (a much more credible and capable partner than Kibo's Sepco) Sepco III is almost certainly waiting for the outcome of the present enquiry (and resulting reconsideration by the world bank of Moz's credit rating and ability to guarantee electricity take-off) into loans to Moz public sector companies not disclosed up to now. So Moz has been naughty - just like any African country. But to get out of its debt bind the international bankers know that Moz is going to have to develop its infrastructure - especially its electricity which the Moz electric co (unlike Tanz's re Kibo) has already agreed a tariff in principle.
NCCL's problem at present is at the parent co level which will have to be refinanced if the delay continues. Exactly like Kibo who has already been forced to the moneylenders on numerous occasions and whose MCPP is likely to be up and running well after NCCL (if it refinances its parent co) Given that the NCCL parent co has African Development Bank as a big shareholder, it shouldn't be a problem. It might dilute present shareholders to some extent. But they already had a far larger share of the project than Kibo is ever likely to have.