Kibo Energy Share Discussion Threads

[vivgav] 01/12/2014 07:54

Chart is looking better and better.......nice BOWL forming :-)

[pj787] 01/12/2014 07:53

If and when the herd arrives this will go balistic.

[eye2] 01/12/2014 07:51

think the market is starting to trust KIBO again (: just momentum will carry this stock now those that wanted out last week had there chance

[eye2] 01/12/2014 07:46

HOW CLEAR IS THAT MORE NEWS Louis Coetzee, CEO of Kibo Mining plc said "We are delighted to receive this, the first of three crucial reports which will tangibly demonstrate to the market the value of the Company's assets. We have held firm to our belief that the RCPP is a unique and highly valuable asset. As promised, we are entering a period of intensive market announcements and expect to be releasing several further updates in the coming weeks

[quinan] 01/12/2014 07:45

I like this bit anticipated deliverable margin per tonne, and overall estimated profitability of the coal mining element of the RCPP, are significantly ahead of the Company's earlier expectations.

[eye2] 01/12/2014 07:44

more news to come thats WHAT i like this will keep this going higher til xmas

[quinan] 01/12/2014 07:42

Good news more to come happy bunny

[vivgav] 01/12/2014 07:41

Let's see if he MM's 'walk it up' as quickly as they 'walked it down' !!

[ertugrul] 01/12/2014 07:39

We should see 4p by end of the week guysPlenty news to come

[drrichard] 01/12/2014 07:39

Certainly made breakfast on a very dull Monday morning a whole lot more cheerful

[pj787] 01/12/2014 07:38

Let's hope so Michael all looking very good! Momentum is building.

[tadtech] 01/12/2014 07:38

Remember the share price was trading in a range of 4.5p - 5.5p for most of 2013 and into Q1 2014.

It is clear the market value of the company, namely, £5.7m, is a total anomaly, as pointed out by an earlier poster Kibo's gold asset could be worth 3 or 4 times that number alone.

One could easily argue that even a TEN FOLD increase in the market value could be warranted based on the scale of Kibo's FOUR project silo's.

[vivgav] 01/12/2014 07:38

2.5p mark up so far......should be way ahead of that

[michaelsadvfn] 01/12/2014 07:36

Once this gets past about 2.25 there's a gap up on the chart to 3.5p, thanks to one of the earlier placings. I wouldn't be at all surprised to see that today.

[jungmana] 01/12/2014 07:30

1009 - and that excludes the value added to the coal asset over last few years and jv to be finalised. Inmweru gold, haneti and the uranium. This should be a easy 10 bagger from here.

[michaelsadvfn] 01/12/2014 07:30

We can expect another update very soon.

We are currently examining the report in detail and preparing an update for shareholders that will include an operational project summary and key financial data.

There's a little carrot in there...

[tadtech] 01/12/2014 07:28

The price of thermal coal is circa $70 a tonne (£45) Even allowing for a discount (25%?) It is clear that this operation will be VERY PROFITABLE

Kibo stated in the last Rukwa update........

. Direct mining cost estimate of between USD1.60/t - USD1.90/t;

. Capital expenditure well below initial estimates;

· Attractive rates of investment return over life of mine;

· Short indicative capital payback period;

[10009504] 01/12/2014 07:26

If my memory serves correct we paid twenty one mill for the coal we are currently about five mill market cap. So times that by four four starters

[pj787] 01/12/2014 07:22

I believe this is about to re-rate this update once again demonstrates the huge potential and news is imminent! Gla

[michaelsadvfn] 01/12/2014 07:21

Can't buy any online.

[vivgav] 01/12/2014 07:20

Nice to see Louis waking up an hour earlier :-)

[michaelsadvfn] 01/12/2014 07:19

Well, LC did want to delay signing of a JV until this was completed, now we know why.

[vivgav] 01/12/2014 07:17

Cyber Monday scramble for shares :-)