Kibo Energy Share Discussion Threads

[frankandbeans] 17/12/2021 14:39

“ 1.Going by your logic all resources that are not in production have no value. “

No I didn’t say that, most things have an intrinsic value, but the resource was proven up, and money spent doing so, in order to facilitate the supply and construction of a coal power station. That is no longer on the cards and they are trying to offload the coal “assets”.

So what are these assets?

There’s not going to be a coal power plant, so domestic sales is the only other option, but were that commercially viable they would have already gone down that route.

The work and money spent on these “assets” wouldn’t have been necessary if it were just for commercial mining to the domestic market, or export even, so it’s just good money after bad to date.

But then there’s always a placing to be done for the next one.

[lurker5] 17/12/2021 14:34

Mr the worst keeps muddling up what a project BFS might say, and how much someone would pay to buy it. Where one muddle is, others will be similar. As with many politicians - they can spout what seems like common sense for years - but it can take just one remark on a subject needing just a tiny thought - to reveal a twerp underneath. (I can think of the new opposition foreign affairs spokeman)

[frankandbeans] 17/12/2021 14:13

I think you will find that it was Lurker who queried the debt within the Mbeya SPV and not myself.

You seem confused. And out of your depth.

“ No proof re debt Mbeya then? could it because there is none lol
Just bone idle speculation based on no research.? you have certainly never posted anything that constitutes research in my book.
Can you actually back up anything you post with numbers facts? It appears not.”

[frankandbeans] 17/12/2021 13:57

Why on earth would I want to “meet up” with you? And I think that you are the one making all the assumptions here, not me.

As I have said repeatedly, what do you actually think the coal assets comprise of

Just because they have spent millions on proving up a resource for a mothballed coal power plant, doesn’t mean that it’s worth millions to a potential suitor, in fact unless they plan on building a coal power plant the work that’s been done on the resource is largely irrelevant, and the other option is selling to the domestic market, were that commercially viable they would have done this themselves surely?

And now selling under bid in volume.

Chuckle chuckle. Research research.

“ Well prove it then Frankandbeans?
330 posts, perhaps 3100 other site? and the only things you have contributed is the following
1. Louis did not do too well with coal asset poor share price action as for all other coal assets on London market not in production post 2015. So no real research there.
2. A brief look at Plutus powergen and companies house re SPV and ? what is the debt? not even original work, lurkers.
3.A brief look sanderson webpage. Allegation they had made multiples of current holding therefore free ride. Again no maths to back up, because all you did was make an assumption based on a brief look of their website.
4. Though you have toned down now rest of your posts are personal none share related lol.

What Research have you actually done... I see no evidence of any beyond what could be achieved within 10 minutes lol.... Your posting must take up 99% of your time where markets are concerned... Do you actually invest/trade yourself?
Editing with you is a useful tool as otherwise peeps will have to scroll through back and forth with you that has nothing to do with the company. Aim of course to disrupt you made that clear the other day. I offered on 3 occaisions to email,phone meet you so as not to clutter this board. So we could meet personally, you never responded so that bird has flown now... Unless you up your game I will do as my moto says and ignore the troll.. Because lets face it for reasons unknown that is what you are. Your a waste of time and space. Will not waste further time with you... I have nothing to prove. You are the one who has it all to prove. You appear to not know the answer to any of your questions either... Think you are seeking knowledge from folk that have done their research and just a silly little child with no friends, no social scene, interests looking for company, adulation, chuckle,chuckle.
Must dash, bye loser.”

[frankandbeans] 17/12/2021 12:57

Thanks for editing your post (again) it really underpins that you have no idea what you are talking about.

“ There is no debt re Mbeya. If you can prove there is then do so?
A percentage of what we paid most likely, but zero factored into share price.”

What do you actually think any of the coal “assets” actually comprises of? Do you think that they own the coal in the ground, or that there is already a mine constructed? You need to RESEARCH before you embarrass yourself any further.

[frankandbeans] 17/12/2021 11:32

Well something is certainly starting to buzz, but it’s probably that steaming pile of dung that you have posted below.

And if it’s in the buy zone as you proclaim, where are the buyers?

Do you not see the inherent flaw in your logic?

Perhaps when you actually try and work out what the physical tangible assets are you will “get” it.

“ coal starting to buzz in Tanzania. :-)
Price we will receive for Mbeya hard to say, but certainly looking better than 3 months ago. More to follow on that.
A percentage of what we paid most likely, but zero factored into share price.
I invested after switch to new energy so anything above is a bonus.
Kibo is in buy zone now for me and adef value proposition
Likewise Edenville average 20p there.”

[lurker5] 17/12/2021 10:56

Among all the muddled guff some person keeps throwing at this board is the following
"Mbeya Coal to Power Project.
MCPP Songwe region Tanzania. 98% owned.
120 MT Coal Resource.
NPV US$227.5 Million."
Could that person tell us the relevance of this to how much should be shown in Kibo's balance sheet ? Investment and banking professional recognise that (like MAST which specifically in its latest report says it is 'an investment' company - ie the 'internals' of its investments are not disclosed) MCPP is a SPV. So its internal NPV is irrelevant to its value to Kibo. And if it is for sale, for reasons anyone who knows the subject, it certainly wouldn't be sold for anythink like its NPV. I await enlightenment. (But fear, from experience, that it won't be forthcoming (enlightenment that is - plenty more muuddled guff though)

[frankandbeans] 17/12/2021 07:15

Here’s one for you - re Mbeya they own 98% of what exactly? Please derail the physical assets that are actually up for sale.

[frankandbeans] 17/12/2021 07:06

Just because they have spent “x” downer mean that it’s worth “x”, the coal resource was being proven up for a coal to power plant and not for domestic sales - why on earth would anyone pay “going rate” for a proven coal resource that’s not going to ever be used for its intended purpose.

Multi ID ramping of a thread you created.

“ There was a request for a few details re the coal assets, so here goes some brief details that I will expand upon next monday.
For sale 2022
Mbeya Coal to Power Project.
MCPP Songwe region Tanzania. 98% owned.
120 MT Coal Resource.
NPV US$227.5 Million.
I got asked my valuation, difficult to say. But I will attempt a guess next Tuesday.
Also be interested to hear other opinions in meantime? Beans obviously zero”

[frankandbeans] 17/12/2021 07:03

What’s the debt saddled in the SPV? Why have they not released the figures on this? Why are you posting with multiple accounts on this thread that you have created?

“ Mast Energy: Bordersley, Pyebridge, Rochdale, 100% mast owned. (Kibo 55% stake.)
More in the pipeline.
@8.7p bid, our stake worth £9.02m=0.307p/share approx. Current kibo price 0.195p mid, excludes all other assets.Value proposition? kibo share increase on the way? I believe so watch this space 2022...
Our off take partner for all 3 projects STATKRAFT.
EUROPES LARGEST RENEWABLE ENERGY PRODUCER, operates 17 countries.
£1.4 Billion invested in the uk.
Guaranteed floor price as assurance. Seven and half years in case of Pyebridge, cash generative now.”

[blueskyprofit] 17/12/2021 00:17

Mast Energy: Bordersley, Pyebridge, Rochdale, 100% mast owned. (Kibo 55% stake.)
More in the pipeline.
@8.7p bid, our stake worth £9.02m=0.307p/share approx. Current kibo price 0.195p mid, excludes all other assets.Value proposition? kibo share increase on the way? I believe so watch this space 2022...
Our off take partner for all 3 projects STATKRAFT.
EUROPES LARGEST RENEWABLE ENERGY PRODUCER, operates 17 countries.
£1.4 Billion invested in the uk.
Guaranteed floor price as assurance. Seven and half years in case of Pyebridge, cash generative now.
www.statkraft.com.
www.statkraft.co.uk.

[frankandbeans] 16/12/2021 10:01

My earlier post below, and as I indicated within that post, was from that very website you are referring to here.

“ As you mention Sanderson let’s take a look, this is the Sanderson interest as details on their website and not just the cherry picked paragraph you have used. “

As you will see most of Sandersons involvement has been :

* Equity Funding
* Convertible Loan Note
* Loan Note
* Emergency funding
* Project Finance

They are not “investorsR21; they provide equity to companies, and they would not leave themselves in a loss making position were they not already covered several times over I would imagine? Their holding is just a residual from previous flippings and washing’s of warrants.

Oh how naive.

[lurker5] 16/12/2021 09:26

The Mbeya (Rukwa) Coal assets 'value' in the balance sheet is on the assumption all the coal is sold (at a good price) to the power station. Without that, you can assume it might be around the same as Edenvill's local coal business.