Kibo Energy Share Discussion Threads

[cl0ckw0rk0range] 02/10/2020 06:06

'By the time we get through those being exercised we will require more funding'Don't you know how warrants work? Why would they need more funding after they receive the income from the warrants being exercised? That's the reason they are there, each warrant that's triggered will pay the company x amount at the trigger price based on the volume.Shouldn't you already know that if you are invested on AIM?

[cl0ckw0rk0range] 01/10/2020 16:45

The markets in favour of the warrants because they are the placees that took them from the bucket shops in the first place!

[tomboyb] 01/10/2020 15:57

A lot of placings now come with warrants -

More than has ever been on AIM -

Peterhouse are the Kings of providing those warrants -

It does slow share price progression BUT instance have been where warrants have raised monies for companies to provide cashflow -

I'm not in favour of those warrants but the market is -

GGP and UKOG had tonnes of warrants where UKOG went from 0.38p to well into mid-teens so u never know -

[cl0ckw0rk0range] 01/10/2020 15:52

As you can see there's quite a few warrants, I would have thought that Dave would have just taken one of these placings with the warrants rather than buying on the open market like some sort of naive new investor to the company, guess they are not as clever as they try and make out.Keep throwing that crisis cash at it Dave, it will come good if you really believe hard enough.

[yaki] 01/10/2020 15:44

Divmad

Agree.
The biggie will be 800m at 0.4p. But we are not quite at a position to worry about it.



Divmad 1 Oct '20 - 15:26 - 4052 of 4052
0 0 0
Well, with a positive PPA decision and s favourable wind, I can see those first 240mn warrants being shifted at 0.35p and up. Lots of liquidity suddenly. It's the 0.4p ones that will be problematic.

[tcrober1] 01/10/2020 15:42

There seems to be some people on here that think LC is actually capable of getting something across the line!!!! Poor misguided fools. I am an optimist but that is way beyond the 'thinkable'
The odds are less for finding oak trees on the moon.

[divmad] 01/10/2020 15:26

Well, with a positive PPA decision and s favourable wind, I can see those first 240mn warrants being shifted at 0.35p and up. Lots of liquidity suddenly. It's the 0.4p ones that will be problematic.

[yaki] 01/10/2020 15:09

Divmad

Unfortunately lots of more confetti to come

10m at 0.2
240m at 0.25
800m at 0.4
220m at 0.6


Divmad 1 Oct '20 - 14:43 - 4050 of 4050

Where are most warrants exercisable at? 0.3p?

[divmad] 01/10/2020 14:43

Where are most warrants exercisable at? 0.3p?

[sirianbotham] 01/10/2020 14:17

Better. No end of month deadline. Nail this one and we can start motoring.

[cl0ckw0rk0range] 01/10/2020 13:27

Well you have to look at where the warrant levels are and what price they are likely to get flipped at.

[tomboyb] 01/10/2020 13:26

0.30p+ minimum -

obviously a lot higher on further positive news -

What do you guys think...

[cl0ckw0rk0range] 01/10/2020 12:52

It could be were there not bucketloads of sellers lining up.Dave why don't you buy some more with your crisis fund? Best.

[cl0ckw0rk0range] 01/10/2020 12:52

GE would not be involved in the construction they would supply the machinery, and they have already said they are not entering into any new coal projects.

[guitars4stars] 01/10/2020 12:50

At least surely!

[tomboyb] 01/10/2020 12:47

0.30p...a possibility coming up -

[edgein] 01/10/2020 12:41

Yaki,

GE do not have a direct interest in any of these clean coal projects, they'd just be involved in the construction. No word to date of either GE or SEPCO investing at the asset level. It may happen at some point given the huge NPVs, we'll hopefully find out who the preferred EPC is within the next few weeks when the first PPA is expected.

Regards,
Ed.

[cl0ckw0rk0range] 01/10/2020 12:31

What's your pretend average these days Dave? You realise if you sold at a paper loss that doesn't mean you can start fromfresh, you have to take your massive losses into account.

[yaki] 01/10/2020 12:14

Divmad

Made me laugh, lol. Especially because Magafuli was in Mbeya yesterday.



Divmad 1 Oct '20 - 11:48 - 4035 of 4039

Good old mbeya. Haven't heard that place mentioned in a few years. Next it will be Magafuli.

[yaki] 01/10/2020 12:11

Ed,
GE announced last week that they are exiting the coal business so they might not even be the OEM.

But the key is PPA and followed by FC!



Edgein
1 Oct '20 - 11:59 - 4037 of 4038

Yaki,

You not seen this then:



Regards,
Ed.

[edgein] 01/10/2020 12:02

Yes but true it could be a German or Italian company, but I'd say the preferred EPC provider is more likely SEPCO or GE.

Regards,
Ed.

[edgein] 01/10/2020 11:59

Yaki,

You not seen this then:



Regards,
Ed.

[divmad] 01/10/2020 11:49

Anyone else remember those days of LC waiting patiently outside the Dept of Mines office daily in Dar Es Dalam for the sign off?

[divmad] 01/10/2020 11:48

Good old mbeya. Haven't heard that place mentioned in a few years. Next it will be Magafuli.