Kibo Energy Share Discussion Threads

[rubberdolly] 19/7/2017 10:50

Sorry " Can't invest "

[rubberdolly] 19/7/2017 10:49

If I told you that I would charge a % of what you make out of my advice.But I don't give advice as you know I'm just a fence sitter here.But please DYOR on other investments & never listen to the so-called experts on the other side.If you can't investment on your own decision then it's out of your league.Try a few books 1st before bunging a couple of grand in on the words of others.LOL

[guitars4stars] 19/7/2017 10:11

Morning Rubber,Wouldn't describe myself as gullible - for sure I'm understandably very positive about my investment here feel it might be an interesting week ahead hearing results of government meetings... lets see how it goes? What's your preferred / bullish investment at the mo if not here I wonder?

[rubberdolly] 19/7/2017 09:53

You are taking notice far to much notice guitar boy from the holders who are over invested.Why would they say anything different ? as sonic said the certificates were coming last week and he also claims this is one of the most WATCHED stocks on AIM even though nobody is buying the stock.His words not mine LOLAre you really that gullable ?

[guitars4stars] 19/7/2017 06:58

Have to agree with Sonic here:Tue 21:30 Price: 4.63s0n1cb00mb0y 3,453 postsdeecayDeecay, I know it's sounds unbelievable but I do agree with you to a large extent. However, and this is my opinion, i think we are at this second at a most sensitive time in the companies history. Once the key to the door is turned and the door opens in pretty sure you'll see alot more openness from LC. This moment can set up this whole MCPP deal, this deal sets up the whole company. You pay your money, you takes your choice. Simples.

[aimchimp] 19/7/2017 06:22

I hope for your customer your night time of obsession about the company does not effect your day job!We are actually more disadvantaged by this legislation than most other miners because if you are mining an exportable product it is sold on the international markets for an international currency. Which gives easy access to monies.However, if you are as Kibo is, mining a product for the domestic market not only is the government in charge of the price you will get paid but it also has control over all the monies which are deposited in a Tanzanian bank. How easy is it for companies to transfer currency out of the country? My experience in Africa leads me to believe that it will be very difficult to execute such transactions on a regular basis. Simply because Tanzania has very small amounts of foreign currency in it's accounts.

[guitars4stars] 19/7/2017 01:44

Balanced view covering most of what's written here!dsrt2012 989 postsbeen watchingthis bb for sometime and there seems a pattern off certain people at certain times which you can bet your life on happening.. someones trying his or her hardest to keep running this company down at certain times and then appearing back when its going up.. and the same pattern keeps arriving ... gets a bit boring at times but if these people can make a quick buck out of panic selling GL to them .. imo i think its now coming to a end and they know it now

[aimchimp] 18/7/2017 21:24

We are actually more disadvantaged by this legislation than most other miners because if you are mining an exportable product it is sold on the international markets for an international currency. Which gives easy access to monies.However, if you are as Kibo is, mining a product for the domestic market not only is the government in charge of the price you will get paid but it also has control over all the monies which are deposited in a Tanzanian bank. How easy is it for companies to transfer currency out of the country? My experience in Africa leads me to believe that it will be very difficult to execute such transactions on a regular basis. Simply because Tanzania has very small amounts of foreign currency in it's accounts.

[aimchimp] 18/7/2017 21:23

1) Political: Multiple policy changes to address systemic corruption and fraud issues in the country : Multiple personnel changes which have been deemed important to key stage of Kibos progression2) Cash : last 2 sets of financials demonstrate cash approaching empty. Whether you choose to ignore this or not the drawings from Sandersons and the Sepco payments have a limited shelf life. Bullish options to refill would be a) financial close and final payment from Sepco. potential cash boost if Sands decide to convert £1.5mm to shares (obvious dilution and bearish pressure for a while as they sell down) b) early investment from 3rd party, cash however required to progress MCPP not continue funding salaries.Placing / loan (recent MO favours the latter) look more obvious3) Back to Political and the long awaited ESIA... Once received SML application can get into motion.. further delays.. of course bullish argument that these could occur concurrently.. I see no evidence of this. Waiting for anyone to point out the RNS that even says the SML application has been submitted. (its just that the policy that guides states environmental required first...)4) Gold and nickel assets.. a) no cash to progress the nickel and not priority.. b) Gold sold off and project waiting for further development. If consideration was at 6p and bid for Kat at 4.75p and sliding then I can see the investment sat back at original value fairly shortly..5) No director support by buying.. looking to communication through VOX (questionable Q&A session) and ISUK for retail support.. expect it will fade as weeks and months progress..6) LC seeming to alter timelines. confirming Medium to long term benefits - resetting expectaions

[aimchimp] 18/7/2017 20:41

Seem to be that the plan 6 months ago was to be given SML and ESIA and to move on with PPA. Magufuli has but a halt to this and Coatee and the company are now stuck between rock and hard place until Magufuli grants these but he seem to be in no rush. I wonder how Coatee will explain this to investors or if he will have another q&a? Perhaps but perhaps not we will see in short time.

[rubberdolly] 18/7/2017 20:30

Maybe LC is just a duck and instead of a wink it's a quack & instead of a shuffle of the foot it's a shake of his feathers.LOL

[rubberdolly] 18/7/2017 20:21

Certainly puts the cat amongst the pigeons and less attractive for investment.Kibo is a bit like that hook a duck game but this duck sank instead of being hooked.LOL

[guitars4stars] 18/7/2017 20:16

Gets better... a purported frenchie with a convenient Engrish grasp lol...ANOTHER CHIMP: 'Inconsistencies you say? You are a fool. Where are your ramping crew friends? Hiding on the LSE? Fool.'....Is it possible to over use the word 'fool' in a non derogatory way?#hysterical amateur de framper!

[aimchimp] 18/7/2017 20:00

Inconsistencies you say? You are a fool. Where are your ramping crew friends? Hiding on the LSE? Fool."electrick - 30 May 2017 - 15:56 - 595 of 652 - 0Why do I believe the current share price is too high?1) Political: Multiple policy changes to address systemic corruption and fraud issues in the country : Multiple personnel changes which have been deemed important to key stage of Kibos progression2) Cash : last 2 sets of financials demonstrate cash approaching empty. Whether you choose to ignore this or not the drawings from Sandersons and the Sepco payments have a limited shelf life. Bullish options to refill would be a) financial close and final payment from Sepco. potential cash boost if Sands decide to convert £1.5mm to shares (obvious dilution and bearish pressure for a while as they sell down) b) early investment from 3rd party, cash however required to progress MCPP not continue funding salaries.Placing / loan (recent MO favours the latter) look more obvious3) Back to Political and the long awaited ESIA... Once received SML application can get into motion.. further delays.. of course bullish argument that these could occur concurrently.. I see no evidence of this. Waiting for anyone to point out the RNS that even says the SML application has been submitted. (its just that the policy that guides states environmental required first...)4) Gold and nickel assets.. a) no cash to progress the nickel and not priority.. b) Gold sold off and project waiting for further development. If consideration was at 6p and bid for Kat at 4.75p and sliding then I can see the investment sat back at original value fairly shortly..5) No director support by buying.. looking to communication through VOX (questionable Q&A session) and ISUK for retail support.. expect it will fade as weeks and months progress..6) LC seeming to alter timelines. confirming Medium to long term benefits - resetting expectaionsIt makes me smile that some are fixated with the thoughts that opposing opinions are bourne out of jealousy or anger... Quite the opposite..i am looking forward to seeing the opportunity to pick up a stake in Kibo.. just the entry price is far too high.. touch the 2's and 3's and then medium and long term value should be in"

[guitars4stars] 18/7/2017 19:52

Imagine being paid cents to pay ones electric bill - only at the same time as rubber J lol - warning.... inconsistencies follow lol:Chumpy Chimpy:'Poke a Chimp:'i am looking forward to seeing the opportunity to pick up a stake in Kibo.. just the entry price is far too high.. touch the 2's and 3's and then medium and long term value should be in'#Bonkers - you decide?

[guitars4stars] 18/7/2017 19:44

Powerful stuff and probably right between the eyes compared to the hapless amateurs posting after knock off at Aldi here lol:LagunaB 1,838 postseejits....Great post and the only one worth repeating today: Today 16:34 Price: 4.63 s0n1cb00mb0y 3,450 posts I must admit it seems... ...clear to me. We obviously had completed all the work we required to do for the ESIA and SML 6 months ago at least. We put them into the appropriate approval process at that time and that was RNS'd as being so. There would have been some 2 way interaction questions raised and duly answered during this time. Everything was completed barring the approval. 5 or 6 weeks ago we believed these would be completed shortly and that would have been to the best of LC's knowledge given all the reforms and policy changes were carried through. However, there were obviously further changes coming that JPM was going to invoke as we saw a couple of weeks ago. This is not LC's fault nor did it mean what he said at the time (5 or 6 weeks before) he wasn't the truth but things changed somewhat with further and new legislative changes. 'The work is done, the main vetting and double checking done its now handed up to the top brass as part of the new process to approve. Surely this is as plain as day'? Off Topic No Opinion Reply to post Today 16:32

[aimchimp] 18/7/2017 19:42

You so gullible guitarman perhaps you should stick to your guitar and leave the stock market to those who know what they do with them - this was a repost of another user you fool! HA HA HA fool!! Do not try and say you were not warned, and again I am not French. Though you did say you had blocked my account? Regardless you are a FOOL.

[guitars4stars] 18/7/2017 19:26

Poke a Chimp:'i am looking forward to seeing the opportunity to pick up a stake in Kibo.. just the entry price is far too high.. touch the 2's and 3's and then medium and long term value should be in'Inconsistent or a total idiot... not sure lol what do you think?https://www.google.co.uk/search?q=inspector+clouseau+gif&spell=1&sa=X&ved=0ahUKEwj9j_enupPVAhWkDMAKHT6GAKwQBQgYKAA&biw=375&bih=559#imgrc=0b0L5jDtdBefoM:

[aimchimp] 18/7/2017 18:45

Guitarman you can now kiss any chance of international investment into Tanzania away due to this and in one particular point 3. Uninvestible which is how market is going to be viewing this. Goalpost changed it seems the RNS to explain to investors how it killed project should be good reading.#1 In all mining operations under a Mining Licence or Special Mining Licence, the Government shall have at least a 16% free carried interest in the capital of the mining company.#2 The Government shall be entitled to acquire, in total, up to 50% of the shares in a mining company, commensurate with the quantified value of tax incentives incurred by the Government in favour of the mining company.3 Any earnings from mineral developments must be retained in the banks and financial institutions established in Tanzania.#4 The Government may renegotiate existing Mine Development Agreements ("MDAs") based on such agreements being unconscionable#5 Proceedings or disputes that relate to the extraction, exploitation, acquisition or use of natural wealth and resources must be adjudicated in Tanzania in accordance with the laws of Tanzania6 Mineral rights holders must participate in the growth of the Tanzanian economy by investing a portion of the returns from mining, and satisfy further provisions on local content, corporate social responsibility ("CSR") and the requirement for mineral rights holders to make an integrity pledge