Kibo Energy Share Discussion Threads

[uknighted] 15/8/2019 21:48

D2019 5 senseless posts in a row! This isn’t normal behaviour.

[datait2019] 15/8/2019 19:27

Loss of over 4mSvs securities (bucket shop)No mention of cashPlacing The rest is just waffle and they appear toBe pleased with themselves

[datait2019] 15/8/2019 19:26

Kibo undertook three broker sponsored placings during 2018 and raised GBP2.75 million. It also completed full settlement of funds drawn down under its forward payment facility with Sanderson Capital Partners Limited signed in 2016. I would like to welcome First Equity Limited and SVS Securities Limited who we appointed as our new AIM joint brokers during 2018. I also note the internal re-assignment of roles on our Board and our appointment of Pieter Krugel as CFO of the Company during 2018, both of which have facilitated the seamless transition of the Company to a focused energy development company.The result for the year amounted to a loss of GBP4,036,713 for the year ended 31 December 2018 (31 December 2017: GBP4,519,813) as detailed further in the Statement of Profit or Loss and Other Comprehensive Income.

[datait2019] 15/8/2019 19:12

I'm waiting to see how lc bucket shops come up with a new way to rip off investors.Prob some hair brain scheme which no one will ever understand. Watch Things are getting desperate nowThey cannot continue without cash for much longer

[datait2019] 15/8/2019 17:13

You are nuts yaki just making up anything nowThe share price says it all pumped in the morning and dumped in the afternoon You clown How much underwater are you

[aimchimp] 15/8/2019 15:02

'Why did he go for all the 7 rather than just 1, which should give 20m t coal, enough for the lifetime of a 150MW coal powered plant. And save money that way?!?'IT IS NOT A BANKABLE RESERVE IF NOT UNDER A SML IDIOT AND THAT REQUIRED FOR LOP. YAKI is either an idiot if he does not understand this or just choosing to look on the side the grass is greener on.How much do they need to set up commercial mining operation in some where like Tanzania? Who will back that even the Chinese have gone quiet where is their investment?

[aimchimp] 15/8/2019 14:59

Sell this sell that to raise monies off the back of a fire sale you know how ridiculously sound you YAKI with all this speculative when's the SML coming still any day now? You don't have a clue but are happy to rope others in as lead hem along the garden path with your advices and fantasy - who would buy any asset in present with the gov issue or buy a project that were hand offs in the first place and need millions of funding you are really a misleading piece of work.

[yaki] 15/8/2019 14:26

Divmad
A number of options, in addition to placing

-Kibo still have 1m+ undrawn Sandersons facility out of 1.8m (ish) usd
Which can be paid back at PPA or FC.

-sell a stake in any of the businesses, eg sell Bordersley for a mln or two

-sell a stake in KAT. He said he had quite a bit of interest in the gold projects. What if he sells 33m shares in KAT for 500k

-STEAG, Sepco or GE can chip in for a mln or two


Quite a few options, I believe

I believe LC worked on the MLs for the last few months, they got converted from SML application into ML application a month and a bit ago, and MLs granted today.

Why did he go for all the 7 rather than just 1, which should give 20m t coal, enough for the lifetime of a 150MW coal powered plant. And save money that way?!?

I wish I knew, but as long as LC knows and acts on it, I am happy to sit back and enjoy the ride


Divmad 15 Aug '19 - 14:08 - 2059 of 2059
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But presumably LC has a plan to raise the required cash and soon. If not via a placing, then how?

[divmad] 15/8/2019 14:08

But presumably LC has a plan to raise the required cash and soon. If not via a placing, then how?

[aimchimp] 15/8/2019 13:52

Funny as looks like plenty more can resist the price YAKI I guess they are waiting on the price of the placing wouldn't you say so? Shumba selling and all the licences to pay for and the overheads and drawdown to pay back along with the project costs on top of that wonder how much they will raise down here? Still we will see another TR1 when you get diluted out.

[yaki] 15/8/2019 13:46

And just added another 200k, couldn't resist the price

[yaki] 15/8/2019 13:45

G4S
Lol

And the other sado - Data smth. My screen looks quite tidy

Guitars4Stars 15 Aug '19 - 13:17 - 2052 of 2055
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All I see here is blanked out posts from -filtered Chimp- is this loony still trying to convert holders?

[datait2019] 15/8/2019 13:32

Back to 0.75

[datait2019] 15/8/2019 13:31

Down down down we go

[guitars4stars] 15/8/2019 13:17

All I see here is blanked out posts from -filtered Chimp- is this loony still trying to convert holders?#Call_a_DOCTOR!!!

[aimchimp] 15/8/2019 12:25

Interesting comment by someone on the other sides0n1cb00mb0y Premium MemberPosts: 7,244Price: 0.975No OpinionMorning allToday 10:58Closed out last night, interesting news today. Undoudtedly MLs are good news but why can't an SML be granted it the country WANTS and BACKS the project to happen. Persoanlly, given the history of backtracking by the government's this far in TZ I struggle to ses investment without a water tight long term mining agreement covering the life of plant. So as we know we have been assured that these ML will be re issued when required but assurance need to be in writing and legislation.Given that will funders baulk at the risk factor involved here?

[aimchimp] 15/8/2019 12:24

So it fine for you to post what you like but anyone else that post you try and discredit by claiming they are being paid! You are a fool and a misleader!

[yaki] 15/8/2019 12:22

I see Chimp is on posting overdrive again. Probably his posting target was increased given his lack of success deramping.

Better than it going hungry this evening, I suspect. Less than 5 hrs left till clock out time, Chimp. Keep going!

[aimchimp] 15/8/2019 12:17

Sonicboomboy on twitter has said it as they see it and from an ex happy clappy here they see that the ML won't be enough for the MCPP despite government assurances as its NOT BANKABLE which is why a SML needed to guarantee the supply for the LOP.

[datait2019] 15/8/2019 11:55

Crash this dog down

[yaki] 15/8/2019 11:51

Any views on above?