Kibo Energy Share Discussion Threads

[guitars4stars] 02/7/2017 09:50

The 9 posts had more relevance than the drivel contained In the last 900 of yours 'Rubber' etc etc....

[rubberdolly] 02/7/2017 09:26

I make that 9 posts within a 7 minute period.The lad clearly has a problem and it's called severely obsession.

[rubberdolly] 02/7/2017 09:22

Pauly101 Great post and obviously aimed at WE KNOW WHO ?Spot on though it's the most sought after WATCHED SHARE ON AIM so we have been told but like you say investors can't buy any because the brokers are S--T or nobody just wants any simple as that.

[bionictwat] 01/7/2017 00:03

UKIS 2017 KIBO NotesPolicy Changes -Can you explain the difference between the Tanzanian Energy and Policy Procurement Review that is underway, as per the recent presentation and the MEM Policy Review that is completed as per 23/3/17 RNS?These are two completely diffrent reviews. It's hard to put a linear %, in terms of how much of the TEPPR is completed but it's believed the main components have been completed and these aren't really a dealing factor to the ultimate delivery of the project. There is a gazetting process to ensure any changes don't conflict with any other laws etc before being made official.In your assessment how long will the Tanzainan Energy And Policy Procurement Review take to complete?Unable to accurately say but see above that the main bulk of the work has been completed already. So we should be on the home straight.As discussed last year, can you tell me of which, if either, KIBO have had direct input too?Yes they have had input into both of these. Therefore, I read they must have reasonable knowledge of the processes and there shaping of the future.Overall how do you expect all policy changes to benefit the MCPP?Kibo will be benefit for a more robust, solid and sustainable set of rules within the overall framework of reliability within Tanzania. I.e it will ensure all payments etc will be made as agreed which is important for a project like the MCPP which is going to, run for over 25 years.ESIA -What does the ESIA Certification process involve?Literally just a final check and a signing off process. There could be the odd question that may come back to KIBO or a confirmation of certain elements but basically it is what it is, a signing up process.Given the timelines for ESIA certification acquired by other companies, the ESIA certification for KIBO should be imminent. Is there anything else that is holding this up i.e hanging on outstanding policy changes and should we expect this any day now, by that reasoning?Yes KIBO are awaiting this to drop anytime now with nothing else holding this up.SML -Given the timelines for SML approval acquired by other companies, the SML approval for KIBO should be imminent. Is there anything else that is holding this up i.e hanging on outstanding policy changes and should we expect this any day now, by that reasoning?Again, yes KIBO are awaiting this to drop anytime now with nothing else holding this up.PPA -Given the phrases used in the RNS of the 23/3/17 of 'ensuring that a final PPA can be concluded ASAP'. Can we verify that preliminary PPA tariffs were applied to the facilitate the production of the IBFS and Financial Model?The conversation quickly negated this section of questions. LC explained that we have no figures to plug in anywhere and this method of thought is the direct opposite to what is actually happening in reality in this process. We are working this completely the other way around. We are saying what the tariff figures should be, driven from the independently produced figures via the feasibility studies completed. We have control and push negotiations to where we want them to be not the other way around. To me, this means we guarantee a profitable outcome for the project. If so, we're these preliminary PPA tarriffs agreed with Tanesco?N/AAgain, and if so, are the accuracy of these tariffs still withstanding given the policy reviews?N/AFC -Can we assume once we have an ESIA, SML and PPA we can advance straight to FC or are there any other workstreams that need completing that will hold up going to FC? Yes, although some parallel work means part of FC can already be in progress. It is possible to call a scenario of being in a Preliminary FC.Are SEPCO bound to pay you the $3.6m on entering FC or at the completion of FC?This will be on competition of FC but this is not seen to cause any problems in anyway.Will there be a news blackout during FC due to its sensitive nature?Once we reach FC, or more accurately on signing the PPA, that is when the real figures and detail can be released. LC seemed to allude on more than one occasion to look at the figures for the coal that you can workout to give a good pointer to the value that lies ahead. Therefore I don't see FC as requiring a suspension or news blackout.MCPP General -How our partners feel about the delays induced by the Government?They seem pretty understanding of the region and it's development. Obviously they have huge budgets and can outside these types of delays, so no issue here.Did Sandersons acquisition of part of the MCPP surprise you, especially vs their usual MO?LC agreed that obviously it isn't there normal line of business and that it probsbly surprised Sandersons themselves more than it did himself when they got so deeply involved. They have made a huge commitment that the believe they will benefit from.Are you any closer to knowing whether the project will be separated or integrated?No comment.What is your gut feel on which route you prefer to go down?No comment.Do you feel a 30% retention as previously alluded to is realistic or had that changed +/-?Yes this is entirely still possible and and therefore valid figure to base any calculations on.When Sandersons took their 2.5% valuing the MCPP at a discounted $100m, what was the agreed discount valued at?Although he couldn't recall the discounted figure he interesting said this value was based only on the figures from the mine. This took me back a touch as it was the complete opposite to what I expected. In fact, it may well, give rise to the fact my recent 25p a share figure for u the mine for each 300MW is too low. It puts it back to being more 35p and discounted at that !!! He must be expecting a much better price than $32.7mt for the coal being sold into the plant, imo.Can you confirm this 2.5% of the MCPP includes the mine. N/AHow does the MEN's statement that 30% of Tanzanian Mining Companies Share holding must be floated on the DSE affect all of our projects especially the MCPP?This would only affect projects that require an SML. Therfore only affect the MCPP. That said, LC was of the opinion that this would in all likelyhood NOT apply to us due to the National Strategic Importance of the project. Make of that, what you will.Can we still expect the MCPP to be spun out ala Katoro?It will either be spun out or in all likelyhood hood, Hanetti will be spun out leaving the MCPP on its own with KIBO.If so at what point would you need to initiate this?N/A. As an aside Noel seemed very excited about Hanetti. I had the feeling more work had been going on there than they have let on possibly.Sandersons -Can you give the exact repayment date of the current 2.9m loan facility?There is no set date and this is a very fluid arrangement. The distinct impressions I got was that there is alot more commitment between all these parties towards eachother than we give them credit for. Sandersons are not there to screw KIBO over for missed dates etc. From what LC said it seems very fluid and flexible. He seemed relaxed to the point of dismissing this as any issue whatsoever.

[rubberdolly] 30/6/2017 21:54

Wimbledon " Am I warm "You can be if you fire up the central heating like I have done lad

[rubberdolly] 30/6/2017 20:07

Pie and mushy peas also why not that will go down lovely with the malt

[rubberdolly] 30/6/2017 19:57

Anyway I'll sit down and have a lovely quiet night with a malt whisky.Looks like the central heating will have to be fired up as it's bloody cold here in Yorkshire.1st July tomorrow & the heating is on.Bloody ridiculous I'll say lad

[rubberdolly] 30/6/2017 19:52

No feedback last night so just a waste turning the lights on I suppose.LC never answered questions or took the time after the meeting to chat to the clappers as he said he was off to Dublin.Doesn't sound good does it doing a runner and not chatting.Wonder if it's because he got emotional over Hanetti with his change of voice.

[rubberdolly] 30/6/2017 19:00

Ukbambammat looks like he's been sussed out on Twitter by TIDDLER.

[rubberdolly] 30/6/2017 18:42

I think everyone on LSE is calling it a day as this is looking doubtful.Kevheff, Pauly, Sym, Drax, Benjamin, Biggboff all getting out they have had enough.LC must be voted off

[rubberdolly] 30/6/2017 16:46

Good post by lurked he mentions nods and winks but he did forget that LC Has a change of voice now according to SONIC last night and he was very emotional.

[rubberdolly] 30/6/2017 16:22

Benjamin another one who is selling out so how many more will ?The patient are the ones sometimes who wish they had sold out long ago.Next time this spikes at 6p then 95% of holders will sell up.Your call

[rubberdolly] 30/6/2017 14:22

Bigboffer Selling some more by August and his last 25% by Xmas.He won't be the only one as more become extremely worried about this ever being completed.LC is the cause here so you need a fresh start with a new CEO.He hasn't got the chit chat or the strength to get this home.Did you know KIBO is in the top 5 of aim stocks for the worst performer.Now thats telling you something that nobody is buying or even likely to.

[rubberdolly] 30/6/2017 11:39

Sorry supertag There wasn't any

[supertag] 30/6/2017 11:34

Mab, Any idea where us genuine longterm shareholders can see some feedback from last night?
Regards
Supertag

[rubberdolly] 30/6/2017 11:33

Another wonderful RNS from a AGM meeting in a snug boxNobody is remotely interested

[rubberdolly] 30/6/2017 10:27

AGREE DRAX They are extremely SMUG.There no better than you so just ignore them that's the best way just like I ignore the minor few on here.Not mentioning any names ( Mohammed ) Another clown.

[mohammedalibusiness] 30/6/2017 10:22

You really are a weirdo. Reevaluate your life.Filtered

[uncle john] 30/6/2017 10:06

Louis gave his best Strong and Stable presentation. Nothing new, not even a hint of change of emphasis. We will continue with plans and programs already defined.

Reassurance that Government is still strongly supportive and the communities really need the electricity and the cement.
Steady as she goes.
That suits me fine and I look forward to being rich in two years time.
(If we are spared)

[rubberdolly] 30/6/2017 10:01

Yep totally agree Hanetti is not even an asset at this moment and will never be anything until the project happens.Nobody is interested in the coal project at the moment so Hanetti is nothing and is currently worthless.Not sure why LC was crying about it when his sudden voice changed ?

[rubberdolly] 30/6/2017 09:48

SONICYou should have handed him a tissue if he got upset.Did he wink and move his left foot as well.

[rubberdolly] 30/6/2017 09:35

BRILLIANT " Wimbo did you notice the tone in LC'S voice when he mentioned Hanetti as he was emotional "Oh my where do we drag these clowns up from ?

[peter138] 30/6/2017 09:20

Where's the fun in that.

[bionictwat] 30/6/2017 09:16

There is but isnt being put on here he he

[peter138] 30/6/2017 09:11

Do we have any news from yesterday's meeting?