Kibo Energy Share Discussion Threads

[dpr1881] 29/3/2022 13:16

All

There is a lot going on in the background which I cannot share publicly at this stage.

However I would urge all shareholders to make their views on the proposed acquisition of Brownhill International Limited, the proposed highly dilutative placing and the lack of confidence in the Board known to the nominated advisor(RFC Ambrian Limited): [e-mail] & [e-mail]

Please do not let LC spin this as one disgruntled shareholder!!

[yaki] 29/3/2022 10:30

iamthebest, agreed
let's see if can/is achieved!


iamthebest 29 Mar '22 - 09:48 - 8685 of 8685

If had the votes my plan would be assuming success.
1. Vote re LC and Director removal AS SOON AS POSSIBLE. Keep chris as he is only one on board with scooby about coal and could be helpful moving forwards help transition.
2. Hive off coal assets reverse into clean shell asia coal assets with view to getting in spotlight whilst coal at good prices and sell or if better options present great.
3. Put focus on Mast Energy reveal the debts within SPV and if WH. Ireland did their home work that should still be a goer.
4.Transition to an investment company with Uk focus, New ceo with that in mind how hard can it be to find someone better than LC, companies with near term revenue profit potential.
5.Clean up LC mess and cancel what we can of his latest mad cap ideas.
6. Fundraise will be needed to clear LC mess and move forwards in positive fashion, but use funds in a smarter way than LC ever could. If done correctly may even be the last dilutive one.. Not all fundraises are dilutive if monies raised for projects with positive returns and at right price... It is called investment for growth...
Fundraise amount dependant on mess these Directors leave, will not know true extent of LC until he is gone, that is the worry and downside, but certainly no reason for keeping this board that has failed over a decade to create real value on monies raised and heading in same direction re Zimbabwe for next decade...

[yaki] 29/3/2022 08:56

I see that NCCL is in a bit of trouble as well. Single project - highly concentrated risk vs Kibo many projects, albeit all very badly, if at all executed

At least NCCL doesn't do what confetti LC does at Kibo - issuing shares left, right and centre.

[frankandbeans] 28/3/2022 21:44

Quite CJ, though others would say quite the opposite despite evidence to the contrary.

I hope you manage to salvage something of this before it sinks beneath the depths.

Amateurs giving advice in the vein of a professional to others to buy has been the root cause of many investors losses here.

Be careful who you listen to.

[cj41] 28/3/2022 11:11

It's pretty difficult to comprehend a strong buy sentiment on this at present.

[frankandbeans] 28/3/2022 11:01

“Strong buy”

Ahem.

[sirianbotham] 28/3/2022 10:05

Must be reading a different thread to me ... I'm not seeing any enthusiasm for this current deal

[frankandbeans] 28/3/2022 08:24

It’s really quite interesting as for all the bluster and excuses, there’s not been one single structured argument FOR this deal, instead just more passive aggressive posts from the resident gnome and their fallacious nonsense, rule number one of investment, know your product.

Luckily it seems most saw sense and listened to those with

[frankandbeans] 26/3/2022 21:50

I think some people will never accept they are wrong, even if it means dragging others down with them.

PMSL.

[guitars4stars] 26/3/2022 19:34

A good end to our weekend.Fun from here & awareness & resolve guaranteed without doubt if balance prevails....

[dpr1881] 26/3/2022 12:18

@Iamthebest Agreed but that was before there was an ongoing dialogue with the company albeit not a particularly positive on their side.

[dpr1881] 26/3/2022 09:20

@Iamthebest It would be unfair of me to disclose anything in a public forum but there is active engagement with Kibo Energy on a number of fronts. I will say more when it is appropriate to do so.

[dpr1881] 26/3/2022 09:20

@Iamthebest It would be unfair of me to disclose anything in a public forum but there is active engagement with Kibo Energy on a number of fronts. I will say more when it is appropriate to do so.

[frankandbeans] 26/3/2022 06:57

SIB is your other alias sir G boycott on LSE? Only there’s a similar theme there and you were both posting at the same time also. Why don’t you stick with the same moniker?

[frankandbeans] 26/3/2022 06:52

Placing after placing after placing has drowned this in confetti, they want to do a reset with a consolidation but a leopard doesn’t change its spots, and you can be sure more of the same will follow.

And value was destroyed a long time ago and it’s too late for this car crash to be avoided.

[sirianbotham] 26/3/2022 00:00

True but I do think there are a number of lth that see value i the company.. just needs a different driver

[cj41] 25/3/2022 20:37

Unmitigated.