Kibo Energy Share Discussion Threads

[frankandbeans] 02/5/2023 23:11

Glug glug glug.

[frankandbeans] 02/5/2023 21:37

Early start on the bottle this evening twangers?

[guitars4stars] 02/5/2023 20:50

Very goodPlease explain why by counter balance Lurker my friend why you would ever or even entertain the vitriol unhinged non holding interest of Frank & Beans You're guilty of indulging a foolTry harder my friend then - we can open a conversation without idiots participating on your thred...

[lurker5] 02/5/2023 20:37

I've always been fair Twangers. Its just there's been very little to be 'fair' about (in a positive way) where Kibo is concerned.

[guitars4stars] 02/5/2023 20:04

Might buy big here20%Are you still suggesting this is a strong buy Benny Beans as you are really obsessively obsessed which makes me interested Losers who post are easy to tickle here read back is a rollover Frankie & Benny is a tummy rub!

[frankandbeans] 02/5/2023 19:45

Twangers didn’t you fire sell your holding here, then stuck it all into Joules after talking to some bloke down the pub, only for it to go into suspension a matter of hours after?

How you getting on with that?

Lost it all you say?

Administration?

Lol

[guitars4stars] 02/5/2023 18:35

Enjoying yer openness Lurker better open posts lately Very good

[lurker5] 02/5/2023 18:02

To be fair to Kibo - lets think where biomass fuels come from. How can a regular supply be assured to run a 300mW station (which is a lot of sutff to burn)? After all, coal is right there in the ground, with a dependable calorific valueand certainty of mining. Any government power offtaker needs rock solid assurances that the power will be sustained 24/7 for up to 25 years.

What are the 6 main types of biomass fuel?
Woody Fuels. Wood wastes of all types make excellent biomass fuels and can be used in a wide variety of biomass technologies. ...
Forestry Residues. ...
Mill Residues. ...
Agricultural Residues. ...
Urban Wood and Yard Wastes. ...
Dedicated Biomass Crops. ...
Chemical Recovery Fuels. ...
Animal Wastes.

Kibo would need to provide detailed plans for what it needs, where it is going to come from over 25 years, how is its cost to be guaranteed (unlke Kibo's own coal in the ground) so that it can also guarantee the price at which it will sell power to offtakers over the whole of its life (and so that funders can be sure of its profitability also over all of its life) . It all seems a tall order.
But WDIK Perhaps LC does. There are other biofuels projects but not sure how dependable thay have proved to be.
On top, the cost is going to be phenomenal v Kibo's market cap and issued shares.If he were to be sensible, he would start it via a new shiny limousine and not on the luggage rack of an old clapped out jalopy.

[guitars4stars] 02/5/2023 16:50

Huge volume today - something brewing here from LC Lol

[lurker5] 02/5/2023 10:20

His 'directors' were all ex SA chums.

[sirianbotham] 02/5/2023 10:12

The more shocking thing is that he wants to replace a director that's 'retiring' immediately whose contributed nothing and was brought in for coal plants (ex NCCL). Why when they are so cash strapped!

[lurker5] 02/5/2023 10:04

Kibo's 'biofuels' hopes. Question 1) where is the amount of biofuel needed to run a 300MW power station to come from ? No mention by LC so far. The rationale for the Mbeya plant was its location on top of Kibo's coal depoosit.
2) The 'high' profitabilty forMbeya once touted by LC was because it already owned the coal ! Power stations in themselves aren't particularly profitable. There is no other market for coal that Kibo could sell to in exchange for biofuel. So how much is buying the latter going to detract from that original 'profitability' ?
3) Whatever - its all going to take more time than the jalopy can last.

[cj41] 02/5/2023 09:36

Another RNS that says 'blah blah blah......'. I think LC decided a long time ago that RNSs are a substitute for actually achieving anything.

[lurker5] 28/4/2023 14:30

Ye canna' b'lieve onnything thas outfit spouts !Ats on ats deethbed an burblin !!
An there's someone over on the kiddy board is, sadly, off 'is trolley

[yaki] 28/4/2023 13:28

Anyone seen this: from AR
"
MED’s current flagship producing asset, the 9 MW Pyebridge Synchronous Gas-powered Flexible Generation Facility(the 'Site' or 'Pyebridge'), experienced a backfire on one of its generating units in mid-November 2022 (the“Incident”).

.....

As a result of the above referred Site improvements and maintenance, the Site was un-operational from mid-November 2022 to end January 2023."

How is it legal and within the rules not to inform the market - MAST and KIBO for such a material event - the only operating unit being out of action for 3 months?!?

I just can not believe it!

[frankandbeans] 28/4/2023 10:04

Sold out yet DPR?

[lurker5] 28/4/2023 09:37

Someone ought to tell the kiddies board to read Mast's small print and the balance sheet. Mega dilution on the way/ And that's if it even survives. As for LCs chairman's statement ! He's proved he's delusional. New board "leading the charge for MED to become a significant player in the sector". Will someone tell him there are over at least 600 cos in it - some part of groups with well over 50 plants and deep pockets. But its so reassuring to see thet Med has 'reached new heights'

[frankandbeans] 28/4/2023 09:16

This comes as no surprise though does it really, unless you have been wearing Ross tinted glasses for the past few years and are that much of a narc that you simply cannot accept when you may have gotten things even a wee bit wrong.

Speaking of which I’m sure they will arrive at any moment to impart some more amazing share advice in due course.

Oh well, it’s only money. Take a lesson from it and maybe next time be a little more open minded?

[lurker5] 28/4/2023 09:01

So does Borderley's 'impairment' charge mean the two chuckle brothers will repay (to shareholders)the grotesque price paid to them (for an 'asset' didn't even have planning permission it now appears) for which LC manipulated the MAST float price and so set up for the poor, deluded, investors in it to lose 3/4 of their money ?

"Nah ! 'Corse Not "

Not surprised they haven't fixed the AGM yet. LC will probably announce it after its happened.

[yaki] 28/4/2023 07:56

Mast results out.
Sorry reading

Unfortunately expected given who runs it. Importance of solid and competent management should not be underestimated