Kibo Energy Share Discussion Threads

[sirianbotham] 10/5/2023 13:40

Then there is KIBO

30p (I think) to 0.07p in 0 years plus with absolutely nothing to show for it bar shares in MAST / KAT

Apart for dwindling shareholder value there is only one other constant and in that time who would like to try and work out


1) How much LC has been paid t KIBO / KAT / MAST
2) How many shares he holds in his wonderful creations and at what price

[sirianbotham] 10/5/2023 13:37

Add MAST

2 years since launch 15p to 1.15p

Promises of XXX MW within 12 months
One site operational and that was bought as an installed and commissioned site
Bordersley I think is still on for Q2023 so only FIVE years if it does go live

[sirianbotham] 10/5/2023 13:28

What a catalogue of disasters

KAT - Haneti (nothing for 12 months) /Blyvoor (still on the KAT website as a project) / Imweru JV (??) / Iron Ore Proect (last update Sept 22 nothing since). Last couple of updates scratching around for a Nomad and a £150k raise

Overall 10p to 0.1p in 8 years

[yaki] 09/5/2023 16:25

DPR1881

I have done it. But that won't stop me for letting it go unpunished, and I will do my best in that direction.

You never know, when the opportunity will show its head!


DPR1881 9 May '23 - 17:09 - 8043 of 8043

You should write off your investment to zero as I have done, it is good for the soul and you feel so much more optimistic about Kibo and you start to dream again "if he could deliver just ONE project from those energy dreams he has, JUST ONE!.................................... then???!!!"

[dpr1881] 09/5/2023 16:09

You should write off your investment to zero as I have done, it is good for the soul and you feel so much more optimistic about Kibo and you start to dream again "if he could deliver just ONE project from those energy dreams he has, JUST ONE!.................................... then???!!!"

[yaki] 09/5/2023 16:04

DPR1881

I understand it was ghost written by a certain individual who has way too many jobs, all done badly.
Same guy then goes and gives Kibo to Riverfort for 0.085p a share. Like at 97% discount to what he thinks is the value of Kibo!

It is beyond me how he can't see that he is the problem, done so much damage by being totally incompetent and resigns.

Also baffling is why like of Sandersons and co kempt him and why Riverfort is keeping him. I am sure is way better to have, say 20% of company worth 20m, than 99% if a company worth zilch!

But as a large shareholder, I tried my best to influence!


DPR1881 19 May '23 - 16:51 - 8041 of 8041

By the way did anyone see the last ACF Note the value range 3.02 - 3.18 p fully diluted, 25 x on the closing price !! That one is up there with the dream where he wakes up in a bed surrounded by naked nurses chanting his name!!!

[dpr1881] 09/5/2023 15:51

By the way did anyone see the last ACF Note with the value range 2.5p - 2.63 p fully diluted. That one is up there with the dream where he wakes up in a bed surrounded by naked nurses chanting his name, "Louis, Louis, Louis, Louis !!!" 🤣🤣🤣🤣9315;🤣ԍ15; I would quietly happy take 0.263p at this stage!!!

[dpr1881] 07/5/2023 09:20

@lurker5 that is probably true of 99% of the research notes put out on AIM companies. Just look at what ACF put out for Kibo!! You would have to be beyond deluded to believe some of the claims in those (to be fair I have no doubt LC believes them) ! They are like LC's wildest energy project fantasies !

[lurker5] 06/5/2023 13:23

DPR Tanvier may be 'honest' - like many in the stockmarket. But he's an idiot, like many in the stockmarket. He ran Doh!fort (aka Beaufort) whose 'research' on its companies
was shallow (little more than recycled company self promoting PR) (little different from many other brokers admittedly) and not comptetent enough to uncover hidden snags. There never was any mechanism in the market to pay for objective research by competent analysts. Kibo was a major example and Tanvier was hoist by his own petard. All of a broker's income stemmed from puffing companies to sell their shares. Tanvier's outfit was no different from others. But it was still a dishonest way of making a living.

[dpr1881] 06/5/2023 09:08

@yaki As you know I met Tanvier Malik at the meeting held last September with LC. To be honest he came across as a decent guy. He is as much a victim of the pathetic project delivery of this company as anyone else. What I don't understand is why he continues to support the management.

[lurker5] 05/5/2023 20:48

Yaki. Solgenis reason for going private - it says - is because it can get financing (from whom we don't know) on better terms than via AIM. Well I don't know about that. It could open the way to all sorts of skulduggeryy not necessarily in shareholders interests. One thing the co has neglected is proper research from its brokers which could have supported a fairer share price (I reckon 10 times what it is now even allowing for financing) So some shareholders have been frightened out, not having a clue what they're giving up. Scott Fletcher of course now has an interest in a fair share price himself - unless he can see another way to loot the company like a Coetze type salary. There seem to be too many possibilitiies to try to asess the situation at the moment but in any case I'm holding on to my shares. You're wrong to think the management team is useless. Its made a good job of navigating through big changes in its market and keeping issued shares within limits up to now. Financing for its projects was always going to be via project loans which would have required little from shareholders, so I'm as puzzled as anyone why they are doing this.

[observer007] 05/5/2023 17:46

I remember in 2015 attending the UK Investor Show and the KIBO stand was so busy it was impossible to speak to Coetzee, he was surrounded by 8 to 10 individuals absorbing his every word.

Later that day I called back and spoke to him, I commented how busy the stand was, he said he was determined to look after his investors (at that time the share price was around 5p) he was very convincing.

Who would have thought all those investors that held onto their shares have now been wiped out.

Coetzee's last face to face investor meeting was in a tiny room in a London pub around 3 years ago, he was uneasy and looked nervy, these days he is no-where to be found, long gone are the days of attending Proactive events or the aforementioned show.

My bet is the company will wither and die, it is happening elsewhere to far better companies, time will tell.

[yaki] 05/5/2023 13:20

lurker5

NCCL saga is quite strange. YOu would expect them to need access to public markets.

Also why SF guy is not throwing out the NCCL management team, given how useless they are, is beyond me.

GIven that SF was buying in 5s, his average must be quite high. I don't follow NCCL closely but he must have spent a mln or 2 easily buying his shares. And now he gets 30% of a company worth 1 mln.

The same with Sandersons and their mates. They did screw Kibo royally over the years, but put in like 3m, I believe. And now they have 12% of a 2mln company.

For some reason they believe is better to squeeze last drops of blood of company's lifeless body than nurture it to rude health!


lurker5 5 May '23 - 11:31 - 8033 of 8033

Slightly similar governance issue over on Solgenics (ex NCCL) currently. Like Kinane (maybe) major - and building - shareholder Scott Fletcher has a software business background (easier to make a fortune if lucky than in rusty old or new power plants) and able to earn therefrom an MBE and a honorary Doctorate in Business, is now in danger of being seen to shaft Solgenics shareholders by forcing the co to go private. Remains to be seen in both cases whether public opinion (or the regulators)will persuade them to treat shareholders fairly rather than take even more money from them and run !

[lurker5] 05/5/2023 10:31

Slightly similar governance issue over on Solgenics (ex NCCL) currently. Like Kinane (maybe) major - and building - shareholder Scott Fletcher has a software business background (easier to make a fortune if lucky than in rusty old or new power plants) and able to earn therefrom an MBE and a honorary Doctorate in Business, is now in danger of being seen to shaft Solgenics shareholders by forcing the co to go private. Remains to be seen in both cases whether public opinion (or the regulators)will persuade them to treat shareholders fairly rather than take even more money from them and run !

[yaki] 05/5/2023 07:28

DPR188
I am not sure that Kibo was going to be liquidated. If it had strong and caring big shareholders, it would have evolved - new people and new projects, and hopefully prospered.

I know Riverfort have terrible reputation in AIM but if you look at their main guy - Brian Kinane, he seems a well regarded and respected technologist and investor.

Only a year ago, one of his funds got 50m from the UK government.

hxxps://surevalleyventures.com/sure-valley-ventures-launches-95m-uk-software-venture-capital-fund-with-50m-investment-from-the-british-business-banks-enterprise-capital-funds-programme/

Surely he won't jeopardise that by playing silly with Kibo sharehodlers. Imagine the fuss if UK shareholders go to their MPs and they start asking questions in Parliament about it!




DPR188 15 May '23 - 07:52 - 8031 of 8031

@Yaki It's interesting that Sanderson didn't pay for the warrants, the wording of the RNS is pretty harsh in that regard. Perhaps there is trouble in Kibo paradise as they realise LC has given away shareholder value to his new masters in Riverfort? You can't blame them they are not the sisters of charity and what ever shareholders view of them without their support the company would have long since been liquidated. If this is true that there is trouble in paradise it's regrettable they didn't reach this view before now and join with other major shareholders before it was too late for change !

[dpr1881] 05/5/2023 06:52

@Yaki It's interesting that Sanderson didn't pay for the warrants, the wording of the RNS is pretty harsh in that regard. Perhaps there is trouble in Kibo paradise as they realise LC has given away shareholder value to his new masters in Riverfort? You can't blame them they are not the sisters of charity and what ever shareholders view of them without their support the company would have long since been liquidated. If this is true that there is trouble in paradise it's regrettable they didn't reach this view before now and join with other major shareholders before it was too late for change !

[lurker5] 04/5/2023 19:39

"Numbers" - whats that Sir Ian? - yours unfaithfully. Louis

[yaki] 04/5/2023 14:50

And also illiterate bunch too

"...The foregoing gure may be used by shareholders as the denominator for the calculations to determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules."

[yaki] 04/5/2023 14:48

looks like warrant shares started to hit the market. As expected

Well done to Kibo CEO and Directors! Flooding the market with even cheaper shares!!!

They should all resign. Shame on them!

[lurker5] 04/5/2023 07:27

Mast presentation. Nothing, nix, nought for our eyes, zero, zilch of the numbers investors need. Not even a chart of spot energy prices available to Mast over last year's volatile market.

[yaki] 04/5/2023 07:19

Interesting rns re warrants.

Looks like Sandersons failed to pay the money. And Sandersons was also unhappy at KAT and voting against the BoD

Now is late, unfortunately. As Riverfort are the new overlords of LC and the ones pulling the strings

[sirianbotham] 03/5/2023 14:20

Just shows numbers are everything

[yaki] 03/5/2023 07:29

This is an interesting read

hxxps://masterinvestor.co.uk/commodities/december-mining-update/

[yaki] 03/5/2023 07:26

lurker5
I see NCCL/SGN down 70% as going private.

What are your thoughts on the move?

lurker5 3 May '23 - 08:11 - 8022 of 8022

The mentally and educationally challenged, the attention seekers, and the druggies and drunks, Ye shall always have with you on the public bulletin boards - yea unto the FCA doth take action.