Kibo Energy Share Discussion Threads

[rubberdolly] 10/7/2017 16:15

Dudley.......Do you have this market sensitive information at hand or can you not share under any circumstances or is it because you dont know of any.A little bit like SYM when his friend in Tanzania told him there was a huge finance deal being talked about with KIBO but he couldn't tell his mate SYM anymore than that as it was super confidential.LOL

[rubberdolly] 10/7/2017 16:11

Dudley..... The new kid on the block who posts nothing but positive comments and the usual fools believe every word.SP has halved in a matter of months and LC hasn't the knowledge or clout to see this through.A change of leadership is needed otherwise this could sink into the '2'S forget the Clappers as they wouldn't post anything different.Deep down they can't see the wood through the trees LOL

[guitars4stars] 10/7/2017 15:07

Dudley,Great postings of late & what a fantastic BOD's we have steering our investment into Kiboom! Guessing significant news is imminent and respected holders like Wimbo etc are positioned to experience life changing benefits as a result of patience & commitment having thoroughly researched every angle of the Kibo strategy. A very exciting and significant time to be part of the Kibo journey is my view & looking forward personally to my six figure plus holding displaying a VERTical chart on screen in the very near future :)

[richie32] 10/7/2017 14:25

Agree Dudleym1975.

A company parachuting into another country often comes unstuck.

This is different. Having someone who knows and respects the People they are dealing with (and hopefully has that respect returned) is extremely valuable.

[dudleym1975] 10/7/2017 14:09

I feel more relaxed knowing Louis Coetzee is at the helm steering us as I write this through the stormy weather that is the Tanzania government. We will soon be seeing blue rays. Have trust and faith that Louis Coetzee will steer us towards financial freedom.

[richie32] 10/7/2017 12:24

Pretty sure that AIM rules require an RNS for a change of reg office so not sure Kibo had any choice.

LC is a Tanzania specialist and I have confidence in his ability to read the situation and make good decisions and to protect sh value as far as is possible

[rubberdolly] 10/7/2017 11:41

Great RNS LC Next time just put a 1st class stamp on it and post it out.POINTLESS

[yaki] 10/7/2017 08:18

Dudleym1975, great posts. lots of sense and content!
keep up your good work!

[rubberdolly] 09/7/2017 13:15

Very good that this thread has more open views posted than LSE has over the past 12 months.And some excellent insight from chimp, lurker, the informed Dudley and of course myself.This week might become exciting let's hope so.Off out now the boozer is calling me.

[rubberdolly] 09/7/2017 13:08

It might only be a 300mw station and nothing more.It's also possible that many will tap into the mains supply from the street avoiding paying any bills.Not that I have ever done anything like that LOL ?Anyway good news arriving this week according to SONIC.

[lurker5] 09/7/2017 12:38

Dudley - It does emphasise that the current (apparent) push for coal by some government factions (for their own selfish reasons) is competing with the push for renewables by others including all outside authorities like the World Bank. Hence the author's comment "It remains to be seen whether all the approved or planned coal stations will actually be built" It means among other things that whereas Kibo's (and Edenville's) initial projects might happen, it will become increasingly unlikely that their hoped for later expansions will. Availability of natural gas for power - with stations that can be built more quickly - is increasing all the time. Kibo clappies will be well advised to drop their fantasies of vast revenues from a 1500MW station.

[aimchimp] 09/7/2017 12:30

This company not the only one who suffering delays and wonder if they had a special arrangement too!http://www.mining.com/russian-state-corporation-suspends-1-2-billion-uranium-project-tanzania/"In July 2012, the UNESCO World Heritage Committee approved a special excision of proposed uranium mine site from the protected Selous Game Reserve, which was a part of the Reserve for a long time. This decision caused a wave of uproar among international wildlife protection community and other NGOs""As for the project, it has been on the advanced stage of development for some time now, with a key mining licence granted back in April 2013. The operator of the project, Uranium One, has current activities at Mkuju River focused on licensing and permitting matters, and value engineering opportunities to optimize the capital and operating costs for open-pit operation"But of course this nothing to do with the licence concerns and that they would have their under reviews also!

[aimchimp] 09/7/2017 12:26

Maybe this go some way to explain why environmental licence has STILL not been awarded as MCPP is located within a similar area of protectionism?http://www.ntnews.com.au/lifestyle/fishing/tanzania-dam-plans-at-world-heritage-site/news-story/8d5362fd538fc55a4c3b29ff53c647achttp://www.santafenewmexican.com/news/tanzania-dam-said-to-affect-world-heritage-site/article_1b9e6ad3-183d-5d1e-a67d-79aa14228c64.htmlhttp://www.coastweek.com/4027-Tanzania-to-develop-hydro-power-project-plan-in-Selous-game-reserve.htmWonder who has leaned on Magufuli ear and say perhaps not a good prospect?

[dudleym1975] 09/7/2017 10:39

Nice read. https://academic.oup.com/afraf/article/doi/10.1093/afraf/adx002/2991627/Competing-energy-narratives-in-Tanzania-towards?guestAccessKey=99ae5e3f-c51b-4ef2-aed5-b3afff8dd2ee

[rubberdolly] 09/7/2017 09:35

All it needs is a few clappers taking their holdings out as they become deeply concerned with a falling share price and the red flag will be waving for more fund raising.This is now critical with more delays encountered on the new structure in Tanzania.However according to SONIC the SML ESIA is arriving this week so we were told by the clapper.We shall see what becomes of his prediction.

[aimchimp] 09/7/2017 09:26

Cash and cash equivalents 31st December 2016 audited£382,339Source full year results 2016So I say again how much will the next monies placing be for and when? Directors of the company will not care at what price as long as the salaries are paid for, they can hold their hands up and blame Magufuli until the licences do or do not be issued until this is confirmed the company does not run on air and will need to raise monies. Many have already jumped ship because they can see what is coming.

[divmad] 09/7/2017 08:25

Total staff costs including Directors' fees in 2016: £709k. 2015: £809k.

Total staff employed including exec directors: 16 (both years).

Source: 2016 Annual Report p36.

Not much evidence of excess there oakville.

[oakville] 09/7/2017 08:09

Another placing will depend on how much money the directors need to be paid? !!

[divmad] 09/7/2017 07:51

AimChimp, please for the benefit of the rest of us who must try to read your piffle, do try to improve your written English. It grates after a while, so one cannot focus on the meat contained within it.

But maybe there is no meat, just carcass.

[aimchimp] 08/7/2017 23:31

I have to laugh out loud at this Guitars, why you think everyone have users of the LSE? Is one not enough of a site for discussion? You talk of alter egos, but seems you are the one that has the problems!

[aimchimp] 08/7/2017 23:30

"I think sandersons who have given money in exchange for shares have to be more concerned as they actually have parted with money. But they are fine with how things are progressing"Well this simple for you to be clear on like mud. Sanderson have kept some shares in this company but they have a "free ride" on these as they have made many times more than the amount they have holding in the ones they have sold along the way with drawdown and placing.You not like answering my question? How much monies is in the bank?When is placing and for how much?Why did SEPCO and GE not want a piece of the pie?Why is the project not in the EWURA power document?Why has licensing been delayed?Why did Coatee say licence not issue when it is?Why are government dragging weight on licences?There many concerns here, it not the rosy picture painting by those on the LSE and what are they motives for misleading people I wonder?

[rubberdolly] 08/7/2017 23:18

Guitars how come you never make sense with what you post ?It's just nonsense as you always miss words out. I asked earlier are you educated as spelling seems a problem for you.Just saying like

[guitars4stars] 08/7/2017 22:13

RubberJ'n Y... before I filtered you I asked a very simple question. What is your alter ego name on the respected LSE forum? Simple - your answer is?

[rubberdolly] 08/7/2017 21:46

Yes you know more than me as you claim to have sensitive market information that under no circumstances you can divulge.So yes Dudley you are correct it's A FACT YOU KNOW MORE THAN ME.None of your business what other shares i comment on.