Kibo Energy Share Discussion Threads

[pj787] 03/12/2014 14:59

I believe the free float is drying up there's no doubt share shortage

[vivgav] 03/12/2014 14:58

MM's walking this up all the time.....bet those who sold at 2p & 2.5p are kicking themselves!

[webshares] 03/12/2014 14:58

Wow only just saw where we are today. Looking good. Can't wait for the JV news now, it's going to be immense

[lowso] 03/12/2014 14:56

Every trade is nibbling us higher. 4p up now lets have a bash at that and wave bye bye. More to come

[electrick] 03/12/2014 14:55

SOME RECENT QUOTES FROM OUR COMPANY

Be assured that we are determined to further increase our effort to communicate the value of your assets to market. In the coming weeks shareholders will begin to see real financial values being released in relation to your assets, based on independent Competent Persons’ reports. The value of your assets will no longer be a mere statement of our belief in the value of said assets but it can now be stated by independent professional reports. This in itself demonstrates the tremendous progress that has been made towards realizing value from Kibo’s asset portfolio.

ON RUKWA
we have found it necessary to stand firm and not sacrifice fair value by accepting unreasonable terms.

ON IMWERU
This is reflected in our decision to move forward with a Definitive Mining Feasibility Study for Imweru. The first part of this, a Preliminary Economic Assessment, is due to be delivered in the near term.

LLC from 12th Nov
We would like to reiterate to shareholders our opinion that the current share price and market capitalisation does not reflect the material progress of the Kibo business and its assets over recent years. Even accounting for a challenging natural resource market, we believe the value of Kibo’s assets now far outweighs the current market capitalisation. This is demonstrated by the broker report on the home page of our website, prepared earlier this year and before all the progress made in 2014, indicating a summary valuation of £15.7m which is nearly 4.4 times the current market capitalisation as we write.

And then the last comment of
We are EXREMELY pleased to confirm the findings of the report.....are SIGNIFICANTLY ahead of the company's earlier expectations

[vivgav] 03/12/2014 14:54

That chart above looks like a 5p test today/tomorrow

[lowso] 03/12/2014 14:54

Sky rockets at night and afternoon delight. News has to be round the corner but no rush if we keep the moon trajectory on

[drrichard] 03/12/2014 14:54

And, remember, we are not at fair value for where we stand yet, let alone for when the various bits of news hit.

[vivgav] 03/12/2014 14:54

4p could go today at this rate.

[pj787] 03/12/2014 14:52

This is a very good performance for kibo long way go! Onwards and upwards.

News imminent!

[barts] 03/12/2014 14:49

Not yet vivgav but I am sure we will be soon......GLA

[vivgav] 03/12/2014 14:45

Are we now into 0.25 block gains?

3.5/75

[sos100] 03/12/2014 14:44

hold steady, who knows where the share price will be in a couple of weeks

[moreforus] 03/12/2014 14:44

pushing higher

MTR flat!

lol

[drrichard] 03/12/2014 14:41

One thing is sure, my friends. There will be no speeding ticket. BoD can hardly say that they know of no reason for the rise in SP!

[vivgav] 03/12/2014 14:35

VOLUME speaks VOLUME

MANY trades going through on ISDX

[cammy3] 03/12/2014 14:31

looks like we going to have a crack at 4p today

[jdwag] 03/12/2014 14:23

Yup, 3:30pm today by the looks of things, there HAS to be news out tmorrow / Friday one would have thought once they have been theorugh the RCPP DFS: Stage 1 Report.

JD

[pj787] 03/12/2014 14:19

There will come a point this share price will move disproportionately! The buys keep coming in and free float will dry up very soon!

[tadtech] 03/12/2014 14:03

Remember these statements......


IMWERU GOLD

'The potential opportunity to generate early cash-flows from this gold asset makes Kibo an attractive investment and the Company has therefore made the decision to prioritise implementing a fast-track mine development at Imweru'


RUKWA COAL/POWER

'we moving closer to bringing in substantial external investment'

'Make no mistake, we are on the threshold of unlocking tremendous value in this company'


Tremendous value!
Early cash-flows!
Substantial external investment!

Market cap still under £9m !!

[tracy_moore] 03/12/2014 13:58

Nice one, let's have a party !!

[drrichard] 03/12/2014 13:51

Seem to be no end to buyers today. Twice in one week we have been top of the leader board and with record volume. Momentum? You bet. Rerating? Absolutely. More to come? Indeed :-)

[california joe] 03/12/2014 13:48

Only 12 mns to the 2pm RNS then ;)

[tracy_moore] 03/12/2014 13:48

ch4p , your benefits paid out then ?.