Kibo Energy Share Discussion Threads

[short6] 28/6/2018 15:29

You're looking very stupid now spooks

[spooks4] 28/6/2018 15:26

Lest we forget, just for the Chimp who has an IQ lower than my average of 3.97 and his even more clueless mouse.

Even more so with a new deal in Mozambique and with MCPP PPA due, then bring on the SML. Any time today or sooner for the SML, EVEN MORE SO AS THE CASH IS IN THE BANK now to pay for it.

Tanzania
Botswana
Mozambique GREAT NEWS FANTASTIC

Tomorrow the rest of sub Saharan Africa, then the world

A Trolls worst nightmare.

The more the aim chimp climbs the pole the more you see is Butt and those immortal words tattooed there

AIM CHUMP

[duxy786] 28/6/2018 10:11

Short6...we now in a very good position, the news hasn't sank in for most but reality is, up until now, we really didn't have much of a leg. Now the Mbeya is about to be realised. Going forward, I think by end of 2018 kibo will be in 20-30's and 2019 will be transformational for and AIM company.

[duxy786] 28/6/2018 07:34

Things are moving .... loving ... in Tanzania later this month

[bibdaddy] 28/6/2018 07:07

Dated: 28 June 2018

Kibo Mining Plc ('Kibo' or the 'Company')

Joint Venture Agreement with Termoeléctrica de Benga S.A. Finalised and Feasibility Study Commences on Mozambique Power Project

Kibo Mining plc (AIM: KIBO; AltX: KBO), the multi-asset Africa focused energy and resource company, is pleased to announce, further to the RNS of 6 June 2018, that it has finalised the Joint Venture Agreement ('JV') with Mozambique energy company Termoeléctrica de Benga S.A. ('Termoeléctrica') regarding the development of the Benga Independent Power Project ('Benga', 'BIPP', or 'the Project'). This agreement includes the right to construct and operate a 150-300MW coal fired power station and is synergistic with the Company's other two projects, the Mbeya Coal to Power Project ('MCPP') in Tanzania and the Mabesekwa Coal Independent Power Project ('MCIPP') in Botswana.

With the JV finalised, a full feasibility study on Benga has commenced, designed to confirm its commercial and operational viability; it will include a Pre-Feasibility Study ('PFS'), Definitive Feasibility Study ('DFS') and an Environmental Impact Assessment ('EIA'), in addition to economic assessments, which will include a comprehensive financial model.

Furthermore, formal discussions regarding a Power Purchase Agreement ('PPA') between Kibo and prospective off-takers of the BIPP have been initiated. Notably, discussions with, and formal letters of comfort already received from; various power supply off-takers have indicated an initial demand for up to approximately 150MW; thermal coal producers have stated a willingness and intent to discuss terms and conditions for the supply of thermal coal as a feedstock for the planned power plant.

[short6] 13/6/2018 09:35

Maybe a question for Coetzee, if he ever does another "Monthly" Q&A

[spooks4] 13/6/2018 03:14

''Kibo are repositioning themselves as a pure energy company.''

Does not mean that they will not maintain strategic equity holdings with a view to raising funds at a later date e.g Katoro.

[short6] 12/6/2018 15:36

Kibo are repositioning themselves as a pure energy company.
So they're not interested in Haneti and imo will either sell (if they can) or relinquish the licence as they have with Morogoro and Pinewood.

[realcooltrader] 12/6/2018 15:19

Courtesy of jupiternmars on LSE:

[spooks4] 08/6/2018 05:56

I would very surprised if Hanetti is worth 'just a few quid'.

Initial thoughts are that Hanetti is worth far more than Katoro IPO at 6p with 58% held by Kibo

I suspect Kibo will look to hold 51% plus and IPO at a far higher figure than Katoro. Why? because the mining commission will have worked out a commercial cost of intervention that allows a commercial return to be made by industry. Once this internal policy is ratified the real value of Katoro and others can be evaluated.

[short6] 07/6/2018 10:48

MAB, I think you can forget about Haneti, Coetzee's only interested in coal to power projects. The best we can hope for is that he can sell it for a few quid.

[mohammedalibusiness] 06/6/2018 17:32

All good points... and as a shareholder here of 4 years, I've certainly felt the pain of delays. At the moment, we are at the final governmental hurdle. Once PPA and SML is sorted, then the project is purely in Kibo's hands and I have a feeling that finance will not be an issue, considering our partners and the opportunity. Perhaps the sudden JV spree focusing on Coal in Botswana and Tanzania is because there is an investor mandate/demand from somewhere and there are massive economies of scale to achieve if all undertaken concurrently. Again, all my own thoughts so do your own research.Time will tell... I also can't wait to develop Haneti... another beast that is likely to keep Kibo in my portfolio for another decade or two.

[bungeetrader] 06/6/2018 17:22

Whilst that is a 'sensible' idea, just look at how long it has taken to get here. If they operated like that we would be pushing up the daisies before we saw anything happening!

[tom003] 06/6/2018 17:16

MAB - I agree with all your comments & observations - however I really would like some meat on the bones of the MPCC, in fairness its dragging on a little bit too long at this stage - its starting to look like we are trying to run before we can walk - why not get the main project nailed down with GOT then LC and management can drive on to the next project safe in the knowledge that they have successfully delivered the MPCC, that they have a happy band of loyal shareholders whose patience has been rewarded and who will most probably support any future funding requirements for similar type projects coming down the tracks.

[thelung] 06/6/2018 17:09

Makes sense MAB

[mohammedalibusiness] 06/6/2018 16:58

Today's news is very interesting.. the way it's looking to me is...There's a lot of money out there looking for investmentAfrica is a place of abundant resource, growing populations/needs but an absolute culture shock for money to enterKibo is positioning itself as the place that can marry up the money with African energy and mining opportunitiesAll my own opinion so do your own research

[spooks4] 06/6/2018 13:11

Lest we forget, just for the Chimp who has an IQ lower than my average of 3.97

Even more so with the new SEPCO deal and with PPA due, then bring on the SML. Any time today or sooner for the SML, even more so as the cash is in the bank now to pay for it. A Trolls worst nightmare.

[aimchimp] 06/6/2018 08:33

You FOOLSPOOK the SML didn?t come today or anytime sooner yesterday or the day before or the day before so do you not realise how much of an idiot you are making of yourself by saying this and are wrong every day! LOl what a idiot!

[short6] 05/6/2018 14:28

I want £5

[catchingmice] 05/6/2018 10:11

Didn't think so more like 12p - 15p that's my forecast but you will need to get out quick before the mass exodus.Going long on this stock will not work.However please DYOR' Yous getting the picture I'm painting here ' ?LOL

[catchingmice] 05/6/2018 09:22

£2 Short and you will be extremely rich.' Yous think it will hit £2 ?

[short6] 05/6/2018 09:16

Is yous hard of hearing Mice?
How many times have you heard, this will be £2 very very very soon.

[catchingmice] 04/6/2018 16:42

You should break even on PPA & SML when or if it arrives Short.' Yous hearing me Short lad ' ?