Kibo Energy Share Discussion Threads

[yaki] 15/8/2019 08:19

If mms are clever - they should have a wide spread - 0.8p-1.2p and milk it nicely.

Anyway, not interested in the daily trading here. I see a 100m+ company in the making

[yaki] 15/8/2019 08:16

First stage - get rid off all the weak sellers.

And then some serious business can begin ...

[aimchimp] 15/8/2019 08:16

Market smells a rat

[datait2019] 15/8/2019 08:16

Looks like bust then

[aimchimp] 15/8/2019 08:08

They can't raise at 0.75 it needs to be at or above par value which is 1.3 unless they consolidate the shares which is the other option to them but looking at cash burn they must be looking at any way to get cash in to the bank by now.

[datait2019] 15/8/2019 08:07

All people are doing is help lc do a placing that?s all he wants and this time it will be a big one watch this space. Price willBe around 0.75p

[datait2019] 15/8/2019 08:06

Do not trust this lc chapHe only brings dilution and misery He only brings happiness to his own bank account

[datait2019] 15/8/2019 08:06

All people are doing is help lc do a placing that's all he wants and this time it will be a big one watch this space. Price willBe around 0.75p

[aimchimp] 15/8/2019 07:58

And how are they going to pay for the licences and the cost of the mining and what are they going to do with the coal?Notice that none of them want to discuss how much monies is or isn't left in the bank? Or how much will need to be raised to move any of this forward? Or how? Just avoiding the issues.How much do they have to pay for these 4 ML and what are they going to do with them once they are given? At looking this they are running on bail out from a drawdown that they have to pay back in some way and they cannot currently raise a placing at this price so the question stands where is the monies coming from to make any movements ahead with any of these project?

[lurker5] 15/8/2019 07:57

Another fraudulent claim from Kibo.
"A Definitive Feasibility Study confirmed the economic viability of the mining project with an indicated IRR of 69.2%."
That irr was for the very small element of the MCPP which is the supply of coal to the power station on the now lapsed assumption that the coal mine was a separate entity, and on assumption of a full supply for a full 350MW output.
NONE of those assumptions apply because.
a) The project became viable only as an integrated project with an overall irr of around 15% where the mine is the same entity as the station, and a coal transfer price became irrelevant.
b) The 'revived' project if ever it happens is very unlikely to be for a 350MW plant given the timetable to get together all the cross border power take-offs and the finance which will depend on guarantees from various African governments. To imply that the mine has a 69.2% irr just to supply coal for other purposes locally is also a gross exaggeration.

[yaki] 15/8/2019 07:55

The Mining Rights will open doors to many avenues - Sepco, GE, small equity funding etc etc

Definitely justifying a market cap of 20m+, for today and maybe 100m, once projects advance towards FC

[daddy warbucks] 15/8/2019 07:54

Congratulations to all long term holders. Unfortunately I didn't stick with it and sold at a loss, but I hope today is the start of a re-rate in the shares for you all.With the mining licences, Kibo can produce the coal that will be needed for a power station nearby.As a separate company to that power station, the contracts to supply fuel could go on for 25years or more.Who builds and owns the power station. Well whoever it is, I am sure they will pay Kibo plenty for their plans and work done to date. They may even end up with a nice free carry equity stake in the power station.Two separate companies. One owned by Kibo supplying the coal and one (probably owned by the Chinese) in which Kibo has a stake.Good luck to all. You deserve it.

[uknighted] 15/8/2019 07:54

Should be a good day for our investment yaki and for AimChimp earning money by the bag full with all his posts!

[bungeetrader] 15/8/2019 07:51

I like your thinking yaki!

[yaki] 15/8/2019 07:48

we should at least be same market cap as Ncondezi, ie share price of 3p?

Actually should be probably 2-3 x that given that Kibo has 5 projects

[yaki] 15/8/2019 07:46

Chimp has got on overdrive, maybe his slave masters have a short

[aimchimp] 15/8/2019 07:45

Notice that none of them want to discuss how much monies is or isn't left in the bank? Or how much will need to be raised to move any of this forward? Or how? Just avoiding the issues.How much do they have to pay for these 4 ML and what are they going to do with them once they are given? At looking this they are running on bail out from a drawdown that they have to pay back in some way and they cannot currently raise a placing at this price so the question stands where is the monies coming from to make any movements ahead with any of these project?

[aimchimp] 15/8/2019 07:42

So the ML are not for the MCPP? You think they are going to commercially export coal?? Is that the best your little group can come up with and suggestion? PMSL

[aimchimp] 15/8/2019 07:38

Incorrect YAKI you just try and make others posts sound as if they are disrispute I post at all times if you bother to check your facts.MCPP need SML not ML in terms and a bankable coal reserve otherwise it can not go ahead

[aimchimp] 15/8/2019 07:37

They have not got a mine and they have not got a SML which they need for the MCPP for a bankable reserve. You stupid?MCPP need SML not ML in terms and a bankable coal reserve otherwise it can not go ahead.

[unconscious] 15/8/2019 07:36

You are sounding desperate AIMchimp.Good news here and a rising price clearly doesn't suit your agenda.

[aimchimp] 15/8/2019 07:36

These are not questions DEECAY maybe you need to read what a bankable reserve is before making your commentary.MCPP need SML not ML in terms and a bankable coal reserve otherwise it can not go ahead.

[aimchimp] 15/8/2019 07:35

Why would I be worried? Watch the spike and pullback here and then the monies will be raised off the back of it to pay for the licensing and more dilutive which at these level will be crippling for those already holding.Duck and dive the questions and make personal commentary but no matter.Notice that none of them want to discuss how much monies is or isn't left in the bank? Or how much will need to be raised to move any of this forward? Or how? Just avoiding the issues.How much do they have to pay for these 4 ML and what are they going to do with them once they are given? At looking this they are running on bail out from a drawdown that they have to pay back in some way and they cannot currently raise a placing at this price so the question stands where is the monies coming from to make any movements ahead with any of these project?