Kibo Energy Share Discussion Threads

[edgein] 17/9/2020 07:39

Dozy,

That's just a cap of £21m at 1p or £42m at 2p, a fraction of the NPV of the CTP projects let alone MED or KAT. All it does is remove that complicated CLN arrangement and shows that there's now a strong demand for the shares as those that took part in the placing see the immense upside from 0.2p. I filled my boots around that price too so I fully understand where they're coming from. I bet LC will highlight the value over time of these 350MW PPAs and it'll be substantially more than our £5m cap.

Regards,
Ed.

[cl0ckw0rk0range] 17/9/2020 07:28

Much better to have a placing a smite under the current share price with more cash coming in from warrants at double this, than messy CLN. News is due it would seem, getting the ducks lined up. A penny isn't out of the question for starters.

[dozyduck] 17/9/2020 07:16

Dear oh Dear oh Dear ! Over two thousand million shares by which anything delivered by a bit of Mast and bit of Moz in over five years time will have to be divided ! Bye Bye any hope of any recovery in Kibo's share price in any time this century !

[cl0ckw0rk0range] 17/9/2020 07:16

Would you discuss KIBO on sports discussion board? Clogging it up for others? No.Meanwhile the convertible notes are out with a reasonably priced placing so it looks like news finally starting to flow.

[sirianbotham] 16/9/2020 10:26

Sorry dad. A bit of ramping and quality discussion is all that's needed to get this moving then?

[sirianbotham] 15/9/2020 19:23

No different to investing in shares and waiting for the covers to come off.

[catchingmice] 15/9/2020 17:09

Great sport if you are tired and need sleep then Cricket is the Solution"Has the rain stopped yet Boss"?LOL

[sirianbotham] 15/9/2020 16:39

More gentlemanly and transparent than most of the stuff on here though

[cj41] 15/9/2020 15:38

I am not sure that the communication that takes place on the pitch between the sides these days would fall within the definition of gentlemanly behaviour.

[sirianbotham] 15/9/2020 14:54

Cricket is a gentlemen's game played by gentlemen

[uknighted] 13/9/2020 17:39

Cm Parker will be first Premiership managerial casualty this season.

[sirianbotham] 11/9/2020 17:27

It's turned ok for some! I know enough maths to know 0.5p to 20p is a decent return. Glad to hear though that hard maths isn't everything.

[sirianbotham] 11/9/2020 14:52

How did the maths work out for EUA

[dozyduck] 11/9/2020 14:27

You're talking in very general terms Mr Edge, about small etc miners in general. To understand Kibo's particular situation (and image with investors - no serious ones out there any more who will fall for LC's opaque spin) you have to look at the long - very long - history, not just of failure to deliver - but of years of announcements that show LC can't do any of the maths required to ensure he can get his plants built AND deliver a rising share price, instead of a continually falling one as he HAS to dilute again and again. He's a lawyer - adept at manipulating company law to ensure his salary by floating off his problems from time to time - but incompetent at managing development of a complex engineering project, or of explaining honestly to investors what that entails. I take it YOU yourself (like him) haven't done the maths - which will show you his remaining projects are actually smaller (Kibo's share at any rate) than the other CTP's you mention - and which will make you wary of the further share issues certain to come before anything is earned (in the form of hard cash or dividends) from any of his projects. But if your investment strategy is just to listen to 'news' without doing any hard maths - good luck to you !

[edgein] 11/9/2020 14:06

Good afternoon GD,

You're probably correct on that score.

He probably has, like all BOD's very few are perfect and the market is fickle. I'm sure the market probably sung the praises of the management teams at HUR and SOU at one time too before their collapse. But its more down to assets than management. Like most AIM miners delivery has been slow but that all looks set to change over the coming months.

Hmm is the current share price all down to LC or was it taken down by poor sentiment and capitulation of the masses as they flock towards the nearest spike. :)

Actually £40m spent over 10 years is quite modest given the number and scale of assets here. Many companies spend around that to get one or two projects to JORC. I would say CAI as an example have spent around AU$20-30m drilling their gold asset in not much more than a year.

We'll find out if LC's plan will enhance shareholder value in due course.

Regards,
Ed.

[greatfull dead] 11/9/2020 13:36

Good afternoon Ed,

My impression of Yaki is he is a PI who bought in at a high price, whatever that was. His argument imo points to that.

LC and the BOD obviously have made mistakes. The assets now which are extremely good, some maybe have been gained by mistakes made by those that held them previously.

Currently KIBO look like a muti bagger if not greater and for that reason I am currently happy to hold.

I am off out now. If I don't post again today have a good weekend. I am looking forward to getting back home as early as possible because it is chucking it down and we have the central heating on which makes the house very cosy.

ATB,
GD

[yaki] 11/9/2020 12:12

Ed

In your case, buying at current levels, is hopefully, a shrewd move. Not the case if you bought at 5-10p.

And also about "...He's done quite a bit on a limited budget." 40 million raised and spent over the last 5-10 years, is not a limited budget. And then to turn that to a market cap of 3m, also not one of the best achievements.

If I have lost 1% of that in my day job, I would have gone by now, many times!

Kibo management had 10 years to come up with the goods to generate revenues and profits! As we can see, not close to any of that!



Edgein 11 Sep '20 - 12:00 - 3705 of 3705
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Yaki,

I wasn't around in those days but for these small miners most don't have the choice and have to use funds like Sanderson, YA, Riverfort etc. Its that or go bust. On the flip of the coin its LC that's lined up those CTP projects, KAT gold and Ni/pgm assets and the UK onshore power so credit where credit is due. He's done quite a bit on a limited budget. Since the UK market is now ignoring the assets he's forcing the issue by splitting off the UK power and previously KAT. Same happened over at KRS when the UK market didn't value in their gold assets, CAI now valued at over AU$100m.

Regards,
Ed.

[edgein] 11/9/2020 12:00

Yaki,

I wasn't around in those days but for these small miners most don't have the choice and have to use funds like Sanderson, YA, Riverfort etc. Its that or go bust. On the flip of the coin its LC that's lined up those CTP projects, KAT gold and Ni/pgm assets and the UK onshore power so credit where credit is due. He's done quite a bit on a limited budget. Since the UK market is now ignoring the assets he's forcing the issue by splitting off the UK power and previously KAT. Same happened over at KRS when the UK market didn't value in their gold assets, CAI now valued at over AU$100m.

Regards,
Ed.