Kibo Energy Share Discussion Threads

[cj41] 01/7/2022 13:22

Putting aside all the name calling stuff I don't get the counter argument to the fact the share price has gone down the pan and continues to do so. What's the upside here? Anyone?

[frankandbeans] 01/7/2022 13:12

It’s funny because people said it was a bargain at 5p, but if they had bought at 5p it would be worth a fraction of that now.

So I would take bobbins “inflection point” with a large pinch of salt as it’s looking like a one way elevator to the casual observer.

Cash oubliette.

[guitars4stars] 01/7/2022 13:11

Big bucks sale that 22 quid is iamthebest It could of course be Frankie selling out his 30 quid holding and taking the hit firmly & gracefully on the chin hence is anger & perpetual trolling on our Kibo thread?LOL

[yaki] 01/7/2022 11:40

Hybridan's recent note - I read it. Just regurgitation of results, nothing new

Only comment they make is that the current market cap of 3m is fully backed by value of listed assets of 3.5m

No attempt to put a fair value

And no, I didn't pay for it

lurker 51 Jul '22 - 10:50 - 9703 of 9704

Overall impression from the report and accounts is that S African waste to energy projects look attractive (subject to usual can LC actually get them done) but while majority cost can be met by outsider lenders, Kibo's contribution is much more than it can muster now - even if Benga etc can be sold for £5m. So could mount yet another bucket shop placing 'to fund exciting S A opps'. ie existing business is Kaput. But a 'new' business might be built on the ashes - at the cost of almost wiping out (by share dilution) existing shareholders (And by the way has anyone seen Hybridan's recent puff (sorry - 'note') which will probably feature what the new placing will claim - except that it seems to be 'secret' except to anyone paying research Tree to vew it !)

[lurker5] 01/7/2022 10:50

Overall impression from the report and accounts is that S African waste to energy projects look attractive (subject to usual can LC actually get them done) but while majority cost can be met by outsider lenders, Kibo's contribution is much more than it can muster now - even if Benga etc can be sold for £5m. So could mount yet another bucket shop placing 'to fund exciting S A opps'. ie existing business is Kaput. But a 'new' business might be built on the ashes - at the cost of almost wiping out (by share dilution) existing shareholders (And by the way has anyone seen Hybridan's recent puff (sorry - 'note') which will probably feature what the new placing will claim - except that it seems to be 'secret' except to anyone paying research Tree to vew it !)

[frankandbeans] 01/7/2022 10:09

Comments “cluelessly221; from the sidelines is it?

When in actual fact have predicted quite reasonably how this has panned out, and not lost my shirt in the process.

Whereas this that have been “topping up” all the way down from 8p have called it wrong at every juncture and lost a bucket load of cash in the process.

Who’s actually clueless I wonder. PMSL.

[lurker5] 01/7/2022 10:04

THis in the just published report and accounts

"While disappointing, Blyvoor remains a substantial gold asset, especially in light of the current gold price upsurge,with a clear path to commercial development clearly indicated, Katoro continues to explore funding options to enable it to construct a mine and put Blyvoor into production as soon as possible"

Really ? Does the nomad check its clients' reports and accounts ? Seems yet another cigar while it doesn't.

[guitars4stars] 01/7/2022 09:46

Commentator Frankie commentates cluelessly from the sidelines how relevant & useful PMSL

[frankandbeans] 01/7/2022 09:36

Well seeing as you get all excited on buys of a few thousand - as they are yours that you are trying to pump? - I thought for balance I would highlight the sells.

What’s the value of the 3 or 4 20 odd million worked sells that have gone through over the last few sessions?

Don’t want to mention this do you? Get a bit aggressive and full of bluster when they are? Is it because they are yours?

[lurker5] 01/7/2022 09:26

Mr Best - Pyebridge's history on companies house under previous owner shows it cost £5.2m in 2017 - financed by £2.5m equity and borrowings of at least £0.6m. It clocked up £5.3m of operating losses and impairments up to Masts' acquisition and appears now to have been refinanced with an additional mortgage and another £2.5m equity injection (maybe by the previous owner) - its net asets on acquisition were only £1.7m, for which Mast paid £2.5m (the original nominal capital) So up to now Pyebridge appears to have been a crashing disaster, bought cheaply, and one sssumes Mast thinks it can turn it around. As a micro-entity the accounts are very sketchy but show clearly the real cost of these peakers and that they need to be financed with loans of some sort. Will set out my analysis in full when I can It may turn out irrelevant once the whole house of cards comes crashing down.

[frankandbeans] 01/7/2022 09:03

Sellers back again today looks like it’s going under.

[frankandbeans] 01/7/2022 09:02

The consolidation proposed would likely result in an immediate fundraise and dilution from there.

Whilst stale bulls and those already in and underwater are now trying to justify a consolidation as a positive, the only ones to benefit from this would be those taking part in the placing that would be able to forward sell placing stock to mugs.

Though it looks as though they are fresh out of new projects to encourage buyers.

LTH just want out and that’s evident from
The worked stock that’s been dumped in the millions over the past sessions.

Caveat emptor.

[frankandbeans] 30/6/2022 22:38

The director CLN are still outstanding and can be converted at any time, they owe however much they have drawn down to date from the loan facility ( GBP1M was the initial drawdown amount available ) plus of course they blew a goodly sum on the due diligence of brownstain.

Suspect loans will be called in soon and a large placing is in the works.

It’s very bad form to try and ramp the projects you mention, that actually seem dead in the water.

Sounds a bit boiler room esque if you do that.

[frankandbeans] 30/6/2022 08:48

Yes I’m aware when they were released, that wasn’t really my point.