Kibo Energy Share Discussion Threads

[ekuuleus] 18/6/2023 08:00

So lippy, you going to sell your home?

[yaki] 17/6/2023 09:56

Ha ha, funny

As all know - Riverfort are the real owners and managers of Kibo, the puppet masters.

With 1bln of warrants guaranteed and the hapless puppets, ie the BoD in the pocket, they can get as many bln shares as want.

It is so sorry to see the damage caused here by LC and his even smaller puppets - the other directors!

But I hope there is karma, for all involved, life works in mysterious ways.








DPR1881 17 Jun '23 - 08:22 - 8093 of 8093


Interesting TR1 from RiverFort Global Opportunities PCC Ltd? On 12 May 2023 they disclosed a holding of 186,588,704 shares having exercised warrants 0.1p. Yesterday they disclosed a holding of 100,250,000. Doesn't sound like a vote of confidence in the Board?

[dpr1881] 17/6/2023 08:22

Interesting TR1 from RiverFort Global Opportunities PCC Ltd? On 12 May 2023 they disclosed a holding of 186,588,704 shares having exercised warrants 0.1p. Yesterday they disclosed a holding of 100,250,000. Doesn't sound like a vote of confidence in the Board?

[yaki] 14/6/2023 08:54

Spread very tight 6.28-6.4

Why mms offer over mid?!?

[dpr1881] 14/6/2023 04:43

perhaps another cracking deal like LVG?

[sirianbotham] 13/6/2023 16:55

I bet he's sold something for peanuts like haneti

[yaki] 13/6/2023 11:54

Mmm, something is brewing.
Could buy at 5.5 today and now is 6.73. And no massive selling too!!

COuld it be something to do with EDL, TZ, coal related?!?

[tomboyb] 13/6/2023 09:24

Halifax has not allowed buying in this in the last 3 days with an error code -

[lurker5] 06/6/2023 11:51

That also goes for the Kibo newbies, excitedly 'piling in' in advance of 'news' on its latest wheezes. Funny how they never research what happened after every other Kibo 'news' spike, or ask the grizzled (and frazzled) old Kibo soldiers for their views. But, then, there's always a new generation of wide-eyed kiddies trustingly holding an AIM promoter's hand as he leads them past the gingerbread house into the deep dark Kibo money pit behind it.

[dpr1881] 04/6/2023 09:08

"Insanity is doing the same thing over and over again and expecting different results." - Albert Einstein

[dpr1881] 03/6/2023 15:10

@SIB That was the fourth attempt! An AGM, a reconvened AGM, an aborted EGM and now this one.

[sirianbotham] 03/6/2023 09:09

If you can't get resolutions approved at the third attempt it sends a pretty strong message

[dpr1881] 03/6/2023 05:35

Well well well. An interesting outcome. Were there more "technical difficulties" with the voting on the Special Resolutions or contrary to what LC would have you believe he does not enjoy the full support of certain significant shareholders! Honestly the lengths you have to go to get a resolution passed these days like driving the share price into the ground before issuing yourself 500m shares!!

[yaki] 02/6/2023 16:13

Interesting outcome
So after issuing 900 mln shares to Riverfort, Sandersons and co and directors, they managed to gather only 800m votes.

SO what happened to the 200-300m shares (new and previously owned)

Also Sandersons 400m shares? Does it mean Sandersons aren't supporting the Board?!? As they voted against Katoro Gold resolutions but had no effect!

[lurker5] 02/6/2023 15:51

DPr maybe true. But they do have to 'approve' a prospectus

[dpr1881] 02/6/2023 11:42

@Lurker5 My experience of the FCA in fairness to them is that they have a very limited remit for example, AIM Companies are not obligated to prepare financial statements in accordance with accounting standards or comply with Company Law (where incorporated outside of the UK). Apparently it is a matter for the Corporate Enforcement Authority in Ireland. The trouble if the E in CEA is a very subjective term if you get my drift!!

[plentymorefish] 02/6/2023 10:41

I do hope the FCA are taking a close look………

[lurker5] 02/6/2023 09:32

DPR I think you'll find the FCA has been given an especially detailed steer on the matter. Once pointed out that they've been wrong-footed on two dud prospectuses in a row from the same source, they're inclined to be extra careful.

[robinhoo1] 02/6/2023 07:26

I see Edenville Energy is involved in Rukwa coal to power in Tanzania - does Kibo still have an interest in Rukwa?

[yaki] 02/6/2023 05:06

On a somewhat positive note, anyone has any idea why the sudden interest in Edenville assets?!?

[yaki] 02/6/2023 05:05

"...massively diluted by Riverfort and Sanderson ..."
but he will keep his MANY jobs. So probably not a bad deal.

Really bad deal for anyone who invests in any companies that he runs, as 90%+ share price decline is guaranteed!

And only like 7 years ago he was talking about 3 700m businesses - MCPP, Gold and Nickel.


DPR1881 1 Jun '23 - 19:14 - 8073 of 8074

A big day for Louis Cotzee tomorrow. Will his plan to defeat shareholders by issuing a shed load of shares to himself and all his friends work? He will of course be massively diluted by Riverfort and Sanderson in the future but as they say what goes around comes around!

[frankandbeans] 01/6/2023 23:47

Well I hate to say it but..

I told you so.

[dpr1881] 01/6/2023 19:14

A big day for Louis Cotzee tomorrow. Will his plan to defeat shareholders by issuing a shed load of shares to himself and all his friends work? He will of course be massively diluted by Riverfort and Sanderson in the future but as they say what goes around comes around!

[dpr1881] 01/6/2023 17:35

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 17:32

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