Kibo Energy Share Discussion Threads

[uknighted] 24/8/2020 10:07

Sorry clockwork I didn’t realise I wasn’t allowed to change my position.

[cl0ckw0rk0range] 24/8/2020 09:47

But UKN when you and all the guys were 100% behind LC he could do no wrong, you seem to have changed your tune from vehemently defensive

[cj41] 24/8/2020 08:50

You are ignoring the fact that KIBO news is always, and I do mean always, along the lines of 'delay to X', 'no longer viable', 'decided to sell off', 'looking at alternatives', 'changing its direction', 'refocusing on Y', and of course issuing loads and loads of shares.

[1kiwi] 23/8/2020 12:51

uknighted,

I get it that there are plenty that were burned in the past, however there is a lot of significant news flow in a very short time span.

[uknighted] 23/8/2020 11:34

Thanks 1Kiwi. The major argument against is that it is the same management team who have, on their watch in the last 10 years, allowed the share price to fall from 10p+ to where it is now.
Let’s hope this will be different going forward.

[uknighted] 23/8/2020 11:33

Thanks 1Kiwi. The major argument against is that it is the same management team who have, on their watch in the last 10 years, allowed the share price to fall from 10p+ to where it is now.
Let’s hope this will be different going forward.

[1kiwi] 23/8/2020 10:38

Kibo Energy entering news rich period

1/ Katoro Gold (KAT), JV deal due 30th September if not before (Kibo Holding 96,138,738 shares 29.70% interest in KAT).
Project is targeted to produce approximately 36,700 ounces of gold per annum at its peak and to have a 25-year life of mine.
Low all in sustaining costs ('AISC') of approximately US$727/oz and an AISC margin of 51.6% .Project is finance ready, with the debt equity to be raised at project level, minimising Katoro Gold share dilution.

2/ Baobab Resources update due 30th September if not before. Baobab agrees to exclusively deal and negotiate with Kibo with regard to entering into the proposed PPA. Kibo can continue to seek and secure other PPAs, including the agreement it is currently pursuing with Mozambican state-owned electric utility Electricidade de Mocambique ('EDM').

3/Mast Energy Developments PLC ('MED') to list on the Standard List of the London Stock Exchange plc. Kibo holding 73.89% Mast Energy Developments PLC ('MED').

4/Recent £1 million term sheet signed to continue development of diverse energy project portfolio comprising 1255 MW generation capacity approaching commercialisation.

5/All this and so much more for a market cap of £3 million, gotta be in it to win it! ;)

[1kiwi] 23/8/2020 10:37

Kibo Energy entering news rich period

1/ Katoro Gold (KAT), JV deal due 30th September if not before (Kibo Holding 96,138,738 shares 29.70% interest in KAT).
Project is targeted to produce approximately 36,700 ounces of gold per annum at its peak and to have a 25-year life of mine.
Low all in sustaining costs ('AISC') of approximately US$727/oz and an AISC margin of 51.6% .Project is finance ready, with the debt equity to be raised at project level, minimising Katoro Gold share dilution.

2/ Baobab Resources update due 30th September if not before. Baobab agrees to exclusively deal and negotiate with Kibo with regard to entering into the proposed PPA. Kibo can continue to seek and secure other PPAs, including the agreement it is currently pursuing with Mozambican state-owned electric utility Electricidade de Mocambique ('EDM').

3/Mast Energy Developments PLC ('MED') to list on the Standard List of the London Stock Exchange plc. Kibo holding 73.89% Mast Energy Developments PLC ('MED').

4/Recent £1 million term sheet signed to continue development of diverse energy project portfolio comprising 1255 MW generation capacity approaching commercialisation.

5/All this and so much more for a market cap of £3 million, gotta be in it to win it! ;)

[cl0ckw0rk0range] 21/8/2020 14:12

JC trying to deter investors again I see, now why would anyone do that?

[dozyduck] 20/8/2020 19:01

Anyone thinking Kibo's Mast Energy float off will make their fortunes ought to read what Plutus Powergen (PPG) said about the same market when deciding to get out

"Since the shareholder meetings held on 12 January 2020 the Company, together with industry-expert consultants, has been remodelling the economics of numerous potential gas sites with a view to establishing a supportable attractive IRR, which Plutus could then take to potential equity and debt funders of shovel ready gas sites.

Unfortunately, the Company has been unable to project or model satisfactory returns from or source funding with those returns. As such, the Directors have concluded that seeking funding for new gas sites and appointing a new operations team, including an operations director to the board of the Company, are now untenable and the Board have decided to no longer pursue a strategy of developing gas sites.

Consequently, the Company has no ongoing operations or revenue generation but continues to hold interests in the existing FlexGen sites which comprise of a 44.5% carried interest in each of the nine 20MW co-owned FlexGen companies. These are being marketed for sale by Jones Lang Lasalle and continue to operate independently of the Company.

[uknighted] 20/8/2020 14:48

Swerves1 another Louis deal!

[trad3m3] 19/8/2020 11:43

Botswana update soon?

[trad3m3] 19/8/2020 11:04

Is 0.705 reasonable target for this month...?

[cl0ckw0rk0range] 19/8/2020 10:04

New to what?

[at5469] 19/8/2020 09:21

I am new to this. I bought in at .26, is it worth holding or sell out

[trad3m3] 18/8/2020 12:31

Hello, are you holding shares in this company...?

[dozyduck] 18/8/2020 11:20

Edge - you forget that whatever value MED will have will stem from the new cash it will have raised (it has practically no value at present) - which will dilute whatever share Kibo will be left with. Basic investment analysis ! (That's quite apart from the lilelyhood MED will slide after its listing, in the same way as has every other Kibo spin-off !

[cl0ckw0rk0range] 18/8/2020 11:00

Anyone that's bashed this for as long as you have needs their head examined.

[edgein] 18/8/2020 08:54

Mr Dozy,

Nah chap, most of the spam on these BB's I just skim past as time is money. Since KIBO's holding in KAT is worth approx £2.5m to KIBO that takes care of most of the market value of KIBO. Then by Q4 2020 MED is anticipated to be listed. Even if LC doesn't secure the $100m funding to simultaneously develop the 20 sites, 51% of that is likely to be valued at substantially more than KIBO. Add that to a potentially rising KAT share price (off the back of Haneti and Blyvoor) and how much of that $1.9bn NPV that you mention will be priced into KIBO? No wonder folks have been loading up at the bottom. Have you or are you just going to continue to watch? Also what happens to the value of Bots CTP if KIBO do indeed secure a PPA with Baobab as hinted at by LC? Can it remain as valued £0m let alone a portion of $1.9bn?

Regards,
Ed.

[dozyduck] 17/8/2020 19:20

Mr Edge - your post 3569 which I missed. 1st equity's $1.9bn NPV and share target was comprehensively demolished in post 806, as about the most incompetent and grotesquely exaggerated ever. You should read it carefully. That LC 'endorsed'it (and despite warnings via the nomad still does even though the enormous increase in issued share by itself would render the 'target' out of date) should be very worrying for anyone still thinking LC is anything but a Mr Toad crazily in charge of his giant motor but without any steering wheel or brakes - and boasting as loudly as ever. The fact is that in all the years, to anyone who knows anything about shares and projects and has followed LC's announcements it has been blindingly obvious that he has no understanding of project economics and how they relate to a share price - and that he doesn't care.
PS - and by the way - read the header and intro to this thread as well.

[edgein] 17/8/2020 13:53

GD,

Good man, gonna be an interesting and action packed few months ahead as they make progress right across these projects. I sure do, AEX have a lot of gas to be developed in Tanz. Both Kibo's coal assets and KAT's multi metal assets in Tanz are high potential. Will be interesting to see what the planned drilling at Haneti turns up, they've an 80k long mapped structure, if even a fraction of that is mineralised it's a game changer for KIBO/KAT. Interesting times for the patient, herd could arrive on any of these upcoming events (MED listing, Haneti drilling, Blyvoor funding)

Regards,
Ed.