Kibo Energy Share Discussion Threads

[dpr1881] 03/11/2022 12:04

Oh wow, words fail me!

Do we learn nothing from history??

www.shareprophets.com/views/65104/mast-energy-dissembles-again-as-new-death-spiral-taken-out

Time for action !

Please keep an eye on kiboaction.com and @kiboaction on Twitter in the coming weeks.

SHAREHOLDERS ARE STRONG TOGTHER

[lurker5] 03/11/2022 11:47

Krugel has been in the Kibo camp for years !

[lurker5] 03/11/2022 09:16

FRom next door - my comments on MAST 'funding'
Its not a 'project'loan in the usual sense, repaid over a much longer period (with a lower interest rate than 10%) and which helps preserve some cash flow from the 'project'. Its obviously not a 'asset loan' either which has the same effect. With the warrants etc its more like the loans our old friend Sanderson used to screw Kibo with. So - hey ho - guess who the 'insttutional investor' probably is ! Some 'institution' ! (Sanderson - aka Shylock - is the one man band who presided over Beaufort's demise and sponsored the first of the bogus KIBO 'research target share price' I described when starting this and the Kibo thread. (All the foregoing is ,of course, based wholly on unreliable reports and my totally unwwarranted speculations !)
AND (PS) its likely the term is limited to thre years because current high energy prces aren't likely to last that long. Its clear also that reputable Close Bros has walked away - raising the question how will any follow-on projects be funded ?

[frankandbeans] 02/11/2022 17:45

DPR - wales and puppetmasters? Now you are just being bizarre, you think that there is some ulterior dark powers behind this failure - I think you are giving them too much credit. Paranoid much…

[lurker5] 02/11/2022 17:36

Shylock? They all swim around in the same murky pool. Or Shard, broker to Kibo and Dukemount.

[dpr1881] 02/11/2022 16:04

@lurker5 correct. ...... And how would you say mast got involved in all this?

[lurker5] 02/11/2022 14:44

Riverfort backed Dukemount as I understand it, as also did Sanderson, before they decided to throw out their 'flexible energy' wheezes, which MAST (at the bottom of the food chain) has been picking up out (cheap ? - for some strange reason !!!) - Again as I understand it - from a very cursory look at my slightly out of date notes. !

[dpr1881] 02/11/2022 14:20

@F&B If Riverfort are about to pull the plug why back your Dukemount job?

[dpr1881] 02/11/2022 14:11

@F&B Are the puppet or puppet master here?

[yaki] 02/11/2022 13:50

17.33 to sell and 17.44 to buy
Very tight!

[yaki] 02/11/2022 13:07

That's fine too

Kibo in administration when run well, should deliver some good value too, impo!

or maybe call in the 1m MAST debt and put MAST In administration?

as I said, a number of options!

Frankandbeans 2 Nov '22 - 13:04 - 7527 of 7527

Well they wouldn’t but it suits the narrative that they would, because otherwise how are they going to pay the £1m drawdown plus interest, can’t be that far off being called in.

[frankandbeans] 02/11/2022 13:04

Well they wouldn’t but it suits the narrative that they would, because otherwise how are they going to pay the £1m drawdown plus interest, can’t be that far off being called in.

[lurker5] 02/11/2022 11:38

Who on earth would accept 25m MAST shares ? That price has been set by very few trades. Thought you knew that about markets.

[frankandbeans] 02/11/2022 11:27

Well the repayment date was six months from the initial drawdown, and it’s on the P&L so when will this fall due with interest?

Fanciful as your suggestions are Yaki it wouldn’t be good to issue shares in lieu of payment, for them to then dump them for the cash value, would it?

[yaki] 02/11/2022 11:11

or paid back with 25m MAst shares at 4p!

or paid off with any vendor shares in the USP IPO?

options, options
lurker5 2 Nov '22 - 10:55 - 7523 of 7523

Its just going to have to be repaid at some specified date. More dilution. - and/or Shylock Sanderson will take over !

[lurker5] 02/11/2022 10:55

Its just going to have to be repaid at some specified date. More dilution. - and/or Shylock Sanderson will take over !

[frankandbeans] 02/11/2022 10:27

What about about the £1,000,000 drawdown?

[dpr1881] 02/11/2022 07:51

@Iamthebest No there has been no conversion of the CLNs. The authority to allot shares has gone. The CLNs were the subject of correspondence with the company and other parties. I do not expect them to be converted in the future.