Share Name Share Symbol Market Type Share ISIN Share Description
Kibo Mining LSE:KIBO London Ordinary Share IE00B97C0C31 ORD EUR0.015
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.25p +5.41% 4.875p 4.50p 5.25p 4.875p 4.625p 4.625p 484,537 10:02:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -3.6 1.0 4.9 17.74

Kibo Mining Share Discussion Threads

Showing 51851 to 51873 of 51875 messages
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DateSubjectAuthorDiscuss
24/7/2017
22:49
"We fear the latest developments are likely to lead to completely opposite results involving a revision in estimates for risk premiums of operating in Tanzania, hurting a major forex-earner industry and costing the nation jobs, tax revenues and future investments,"
aimchimp
24/7/2017
22:46
"Tanzanian President John Magufuli signed into law the new mining bills on Monday that were passed by parliament last week.The bills require the government to own at least a 16% stake in mining projects, give them the power tear up and renegotiate contracts for natural resources, and remove the right to international arbitration.The government has also approved a new Finance Act, which will impose a 1% clearing fee on all minerals exports."Remove the right to international arbitration. Nationalisation of this and other company asset to follow it seem.
aimchimp
24/7/2017
22:35
YAKI I would have credit you with more sense than this you not seen the EOY reporting and the monies situation? SEPCO monies long gone and SANDERSON drawdown much be nearly finished also. Who will invest in Tanzania now with Magufuli making any investment near impossible! Investing here now changed for international investing, recommendations say stay clear so how can Coatee find a willing one to take the risk here now with Magufuli threat of nationalisation of asset looming? Please answer me this as clear as the day this is uninvestible, is this why Coatee so tight lipped?
aimchimp
24/7/2017
20:33
cash from Sepco has long gone as well you know... todays news out of ACA just highlights the strong relationships and regard Tanzanian governments have for foreign investors... Wouldn't want to have my pension tied up in here.. no Sir
electrick
24/7/2017
16:03
Somewhat doubting your exodus scenario Rubber - in fact I added another 89,809 Kibo shares this morning! #Golden Opportunity :)
guitars4stars
24/7/2017
16:01
There is a massive reason is there not why nobody is buying the stock ?You keep on saying the shares are so cheap but why is there no takers ?Honest answers although I doubt I will get any.LOL
rubberdolly
24/7/2017
15:50
Will this ever happen ?Not sure it will if I'm being honest as the share price can't even hit 5p again.More delays and you will see a big exodus unfortunately as investors become frustrated.
rubberdolly
24/7/2017
11:00
Yes, but Wood/logs are free.
uknighted
24/7/2017
10:21
Well, that seems to be the issue In the meantime JPM decries indiscriminate felling of trees for charcoal - hxxp://www.dailynews.co.tz/index.php/home-news/51925-jpm-decries-indiscriminate-felling-of-trees-for-charcoal Well, easy solution - electrify and people will stop using charcoal for domestic needs. Much easier to switch on the electric hob then light a fire
yaki
24/7/2017
10:01
yaki Lets hope the GoT are serious enough to get the permit out quickly.
tcrober1
24/7/2017
09:52
Model PPA for coal was published in May hxxp://www.ewura.go.tz/wp-content/uploads/2017/05/Model-PPA-for-Coal-fired-power-generation.pdf Looks like GoT is really serious about pushing power projects!
yaki
24/7/2017
09:51
Some nice buying this morning!
yaki
24/7/2017
07:31
cash is fine - thanks to the 5mln from Sepco!
yaki
24/7/2017
07:07
Electric no.
guitars4stars
24/7/2017
05:41
How's tricks with the Kibo faithful? Anyone worried about cash yet?
electrick
23/7/2017
22:41
AIMChip Why would you post here 24/7 if you don't own shares in the company or shorting it? And only post on KIBO? The only reason is that you get paid to deramp! On coal exporting, you say "...The company can now not even export with new legislation." Can you point where the new legislation states the coal exports are not allowed?! Such a stupid thing to say, at least made me laugh! Where would Tanz get its hard currency from then? What's next - cashew nuts and tea/coffee export bans? You should go and warn investors quickly, being such a noble guy!
yaki
23/7/2017
17:54
Paymaster? Oh my word you are now deluded also! Let me say this that the entities you on the LSE speak of are in your minds!"Thabit Jacob , a Tanzanian specialist in energy and the environment, says: "The dam will cure the country's energy deficit and more than double the grid's current capacity. However, with current pressure to move away from fossil fuels, hydro dams are being framed as the 'clean alternative' while in reality they are not. It's vital that robust environmental measures be put in place to protect the local ecology and avoid the danger of resettling local populations before the project goes ahead."https://www.theguardian.com/environment/2017/jun/26/tanzania-presses-on-hydroelectric-dam-vast-game-reserveIt not rockets science Yaki to work out why the company is tight lip about their investor and the real reason licensing is delay. As for misleading statement you in yourself stating this is a lie! How can they export when they have no licence to extraction? When will Magufuli turn mineral ban to coal product?Worrying developments.
aimchimp
23/7/2017
17:48
Make interesting reading these article as noted from the LSE"07 Jul 2017 Issuer Comment "Government of Tanzania: New Mining Legislation Discourages Foreign Investment, a Credit Negative" Moody's Investors Service09 Jan 2017 Announcement "Moody's: Liquidity stress, low growth and political risk drive negative outlook for Sub-Saharan African sovereigns"This is important for all would-be investors. A key requirement for financing projects is perceived long term stability in legal environment. Tanz abrogating mining and infrastructure contracts will deter foreign investors for a very long time. Magufuli has let the genie of government interference out of the box and won't be able to stuff it back. On top of SEPCO not now investing in MCPP (probably due China introducing export capital controls) there is now no 'cornerstone' investor to reassure other investors. Regardless whether Tanz belatedly gives licences, or even agrees PPA, Kibo might struggle to find the other necessary investors."It say others share the views that there may now well be complication and issue with investor willing to support the company with new changes bring in, looking to be a track for nationalisation of company asset maybe?
aimchimp
23/7/2017
10:28
No licences = no mine = no power plant project. You think this company runs for free? Placing well now due for the company, how much you think they will need to raise in monies YAKI and what price will it come at? Why Magufuli not give the licences if this such an important project to Tanzania but go ahead with other power plans like the hydroelectric dam which will power all of Tanzania. NO NEED FOR COAL OR THIS PROJECT. The company can now not even export with new legislation.
aimchimp
23/7/2017
09:14
lurker5 you keep repeating the same thing on and on,must be a trait of your age. Of course the project is owned by SPV, in this case MCPP, as MCPP is not a legal entity. A bit like if you want to have a slice of iPhone you buy the legal entity that owns it - Apple. So if the SPV owns 100% of the project, then that value automatically gets reflected in the SPV's value. Obviously then that would need to adjusted for the capital structure of the SPV, but that's school stuff. Why do you keep repeating irrelevant nonsense is beyond me
yaki
20/7/2017
22:06
Yes chimp, my view
s0n1cb00mb0y
20/7/2017
18:48
"Chimp the SML has been through several approval processes already it is now at the final stage"From the company side they have said but not from government sides they can make more hoops for the company to go through and more "fee" need paying perhaps? If SML was fine and happy to issue they would have no problem but THEY HAVE NOT ISSUED THIS WHAT THAT SAY?
aimchimp
20/7/2017
18:46
"Value will out and as long as you are long you will make a packet here, in time"No SONIC the truth will come out that assured what you cannot CLAIM is that you will guarantee and make "a packet here" as this NOT guaranteed and just you VIEW.
aimchimp
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