Kibo Energy Share Discussion Threads

[yaki] 02/10/2020 08:44

Ed,
I remember COPL were more like 10p at one point, only 2-3 years ago. Ouch!


Edgein 2 Oct '20 - 08:36 - 4070 of 4071
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Well if you like another example COPL recent low of 0.035p market thought they were a write off. AM turned it around by settling a long running dispute. They had around 3.5bn shares out, now after placings have circa 5bn. Share price is almost x10 and has recently been as high as 0.6p! Shares in issue not slowing that one down either! And neither has recent placings. Similar but less striking a situation at KEFI too. Placings/warrants certainly not the end of the world unless folks have large holdings at much higher prices, but most will have strategies that allow for AIM companies to place shares as its what they do.

Regards,
Ed.

[yaki] 02/10/2020 08:42

Great post from aerial on the other side. A guy/girl who has been around for long time
"...
You can’t change the past ...
but it shouldn’t be forgotten that LC has never achieved a timeline
and never ever earn a penny in income since the inception.

We are where we are and at some stage something has to give. Personally I (as always) am positive about the future.

"
aerial Today 08:18

5p? I can’t remember exactly, but 4.20p was a long time low. I think we paid more like 7p,8p back in the day. Interesting that in all these years LC’s tone has never changed. Hopefully we all live and learn, and no matter what age now many of us are circa 10 years older. You can’t change the past, and to a degree there is no point in harping on about it, but it shouldn’t be forgotten that LC has never achieved a timeline and never ever earn a penny in income since the inception. We are where we are and at some stage something has to give. Personally I (as always) am positive about the future.

Looking to add, missed an opportunity Wednesday and Thursday...

aimhopdyor

[edgein] 02/10/2020 08:36

Well if you like another example COPL recent low of 0.035p market thought they were a write off. AM turned it around by settling a long running dispute. They had around 3.5bn shares out, now after placings have circa 5bn. Share price is almost x10 and has recently been as high as 0.6p! Shares in issue not slowing that one down either! And neither has recent placings. Similar but less striking a situation at KEFI too. Placings/warrants certainly not the end of the world unless folks have large holdings at much higher prices, but most will have strategies that allow for AIM companies to place shares as its what they do.

Regards,
Ed.

[edgein] 02/10/2020 08:31

Yaki,

I've no idea, not looked at UKOG in ages, my point still remains. Shares in issue on the right news don't make a vast amount of difference. The herd will soon shift those and any warrant exercised on the right news. PPAs and heading for an EPC is the right news and I expect Blyvoor, Haneti and MED all to play their part too. Its why I keep buying these down here any time they dip that ask down to my buying range. Added a small amount again just yesterday to round my holding off. Time for feet up, relax and wait for the completions now. Imo there'll be lots of action over the next 6 months let alone 12 months. Maybe even within weeks.

Regards,
Ed.

[cl0ckw0rk0range] 02/10/2020 08:23

Where are the shorters spouting negativity?With all those warrants out there and assuming they are excused, that you would think should keep it funded for some time to come, they won't all flip for 10% either. Well most will for 5% but you take my point.

[yaki] 02/10/2020 08:23

Ed

Being AIM - everything is possible. Btw, what is UKOG current price?

On a serious note - if you keep spreading the butter more and more thinly over more people - you will get much less.

Eg when there were 700m shares in KIBO, KAT shares of 100m at 2p were worth 0.3p to each KIBO share.

Now as we have 2.1m shares - each KAT share is only worth 0.1p!

Same as all the other assets. If they ever get realised. As before they get realised - they have value between ZERO and NPV. But much closer to ZERO.


Edgein 2 Oct '20 - 07:54 - 4063 of 4066
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Billions of shares in issue didn't stop UKOG moving from 0.8p to 11p, nor EUA from 0.25p to 27p recently. With the assets KIBO have it won't stop it either. Whether it'll get as high as many of your averages remains to be seen. But at 0.4p that's barely a £10m cap, substantially less than the NPVs of any one of those CTP projects. Let alone the KAT or upcoming MED shares. etc.

Regards,
Ed.

[tonytony4] 02/10/2020 08:12

Edgein well pointed out and all the best.

[tomboyb] 02/10/2020 07:58

Exactly -

The caveat obviously is good assets and potential -

[edgein] 02/10/2020 07:57

Also the 0.4p warrants when exercised would bring in around £3.2m in cash which is at a premium to the current share price! A premium price that's nearly twice the price of my average here, so happy days.

Regards,
Ed.

[edgein] 02/10/2020 07:54

Billions of shares in issue didn't stop UKOG moving from 0.8p to 11p, nor EUA from 0.25p to 27p recently. With the assets KIBO have it won't stop it either. Whether it'll get as high as many of your averages remains to be seen. But at 0.4p that's barely a £10m cap, substantially less than the NPVs of any one of those CTP projects. Let alone the KAT or upcoming MED shares. etc.

Regards,
Ed.

[tonytony4] 02/10/2020 07:27

Shorters spouting negativity! must be getting desperate!!

[cl0ckw0rk0range] 02/10/2020 06:22

The AIM market is there to facilitate funding for low mcap company's via placings and suchwhat, you can't be bitter about that, it's what it's set up to do.

[divmad] 02/10/2020 06:15

So all placings should come with warrants attached, to give the company even more capital to consume on the off chance that they can manipulate news flow to entice enough punters in for the once or twice a year ramp? Good corporate strategy.

[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
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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.