Kibo Energy Share Discussion Threads

[dpr1881] 01/6/2023 16:35

Given my time again I would invest in a Madoff fund before this one! It feels like a strange Ponzi scheme where those that get out leave with less than they put in 🤣🤣

[dpr1881] 01/6/2023 16:32

@Lurker5 Do you think the FCA will see some commonality? I think you are overating their abilities 🤣🤣

[lurker5] 01/6/2023 10:18

Because they're going through the Mast and Kat ones; rubbing their eyes in disbelief; and reading them again ! and again

[dpr1881] 01/6/2023 09:22

@SJB The latter I suspect!
@Lurker5 Perhaps the FCA are making life difficult approving the prospectus? Why could that be?

[lurker5] 01/6/2023 07:11

June 2023 ! Now why does that ring a bell ? Ah ! Yes ! Its half-way through the year after when USE's prospectus was going to be produced ? How time flies ! (where Kibo is concerned)

[sirianbotham] 31/5/2023 20:00

I'm sure that's because he couldn't find anyone else or has realised he needs some skin in the game to keep himself in a job

[dpr1881] 31/5/2023 19:10

@SIB That is until he had driven the share price to rock bottom before acquiring 5%!! Nice!

[sirianbotham] 31/5/2023 09:50

The one thing he's consistently got right is not to hold significant shares in his own entities.

[dpr1881] 31/5/2023 08:51

To be fair Kibo has a lot of plans and quite a few ................

[yaki] 31/5/2023 06:58

What about an idiot without plan

Lol


DPR1881 31 May '23 - 04:32 - 8062 of 8062


Warren Buffett : "An idiot with a plan can beat a genius without a plan."

[dpr1881] 31/5/2023 03:32

Warren Buffett : "An idiot with a plan can beat a genius without a plan."

[jameshendrix2023] 18/5/2023 14:44

The twitter pumpers tried to make this goThey will now be exiting at losses

[jameshendrix2023] 18/5/2023 13:38

Dump this dog

[jameshendrix2023] 18/5/2023 13:21

Get out of thid dog

[bean02] 18/5/2023 12:11

If kibo cancel their egm they might see some benefit from the mast news

[lurker5] 18/5/2023 07:23

From my Mast post
"Shiny looking new Mast with new jv. But as with everything of LC's which looks shiny, the experienced kick the tyres and look carefully under the bonnet (which often reveals a variety of nasties). Lots of dilution (and tyre sqealing) to come here which I don't have time to look at immediately. Takes a lot of maths and forward projections which the clappies won't bother with. But the excited ones should wait for a RAC inspection report. And meanwhile take any quick profit on the usual Kibo/Mast/Kat spike."

As for Mbeya. Yes a light at the end of the tunnel. But its a very long one. The light is dim. And 'Dilution Dilution Dilution' looms for any shareholder 'value' worse than an earthquake would destroy the tunnel. If there is any reliable lesson for investors in Kibo's 13 year history - it is "Don't Chase its Share Spikes" nor believe LC's or its brokers' "Share Price Targets"

[yaki] 18/5/2023 07:14

I think the fundamentals on the ground for Mbeya are very solid:
-TZ president and her energy minister are very business friendly
-The big interconnector is only few miles from project
-Coal is not that dirty word anymore, especially given that Germany, China, India - all burning it, despite any COP and other concerns

Big problem - can current team at Kibo deliver and has the ability to do anything.
Also will the new overlords - Riverfort - can they be way more savvy and push the right buttons.
Unlike Sandersons and clique around - who failed to do so!

[grimreaper2019] 18/5/2023 06:44

Another (meaningless) MOU from KIBO/MED that will, most likely, come to nothing, this time the numbers are large.

Anyone remember all the buzz around the SEPCO MOU back in the day, what happened to that?

Thankfully the market has grown wise to these fairy stories.

[cj41] 18/5/2023 06:30

More HOTs and MOUs, both of which will never lead to anything like all the rest. But it makes it look like KIBO is still a going concern and keeps the gravy train going for a bit longer. I think that the RNSs regarding Bordesley are worthy of investigation given what has transpired. For instance we had apparently ordered the kit and had covid-related delays on it being delivered, I don't recall any info on the order being cancelled. All for a site with no planning permission? All IMO.

[frankandbeans] 18/5/2023 06:08

“in line with the agreed key project milestones”

Oh that really is hilarious.

Absolute clowns.

[frankandbeans] 11/5/2023 21:44

Golden tickets?
Strong buy?

[lurker5] 10/5/2023 14:04

Another constant was the dire, incompetent, grotesquely puffing 'research' by 'brokers' hired by LC. While LC's own crimes ware down to him, the willingness of brokers (nomads, PR outfits, and other parasitic hangers-on) to milk shareholders for their fees, is a cancer still with us and many other companies - not only on AIM. End of Rant (for the moment)

[sirianbotham] 10/5/2023 13:46

“I have not failed. I've just found 10,000 ways that won't work.” - Thomas A. Edison