Kibo Energy Share Discussion Threads

[cl0ckw0rk0range] 23/9/2020 22:02

Why don't you tell everyone here what your alter ID(s) are on LSE and people can look for themselves.

[trad3m3] 23/9/2020 14:19

Thank you for your info and point of view much appreciated!

[trad3m3] 23/9/2020 14:13

Nice to see some movement on here...

[uknighted] 23/9/2020 14:07

Clockwork please show me just ONE post where I ‘egged on’ anyone. Just one will do.

[uknighted] 23/9/2020 14:05

Cm that is just Kibo. No doubt when Sloane gets floated there will be an additional salary for that one.

[cl0ckw0rk0range] 23/9/2020 13:54

"if it was so cheap investors would have been piling in over the last 3 years."But UKN they were piling in, the likes of you and wimbo and friends all egging each other on to stock up on golden tickets with every wink and a nudge a portent of riches.

[catchingmice] 23/9/2020 13:52

So he's actually earning more than 170,000 or is that salary combined for the two KIBO & KATORO

[catchingmice] 23/9/2020 13:50

He's earning more than OLE does at United for achieving nothingLOL

[yaki] 23/9/2020 12:23

CM

You are wrong there for another reason.

He is also paid by KATORO Gold

Catchingmice 23 Sep '20 - 12:08 - 3843 of 3844
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The "BANDIT" Strikes again with the excuse of Covid 19

170,000 per/year he's on

"FOR ACHIEVING NOTHING"

[plentymorefish] 23/9/2020 12:12

I think it's unfair to say he's achieved nothing......he's amassed a personal fortune, spent tens of millions of other peoples money, introduced new words into the English language via RNS (which he often mis-spells), gone through more brokers (most of whom went into liquidation) than anyone in history.....how can you say he's achieved nothing?!.....

[catchingmice] 23/9/2020 12:08

The "BANDIT" Strikes again with the excuse of Covid 19170,000 per/year he's on"FOR ACHIEVING NOTHING"

[yaki] 23/9/2020 11:46

At the massive price of 0.23p!!

Great for the bucket shop broker who has been given 100s of mlns of shares for 0.2p. So cool 15% return for them in 2 weeks - great

Plus they have the free warrants.

All given to them by our hapless and incompetent Board of Directors.
And paid by existing shareholders by being hugely diluted.

I am jumping out of joy!

36jay 23 Sep '20 - 11:35 - 3841 of 3841
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Huge buying pressure.Buys flying in.wouldn,t be surprised 1p soon.

[36jay] 23/9/2020 11:35

Huge buying pressure.Buys flying in.wouldn,t be surprised 1p soon.

[yaki] 23/9/2020 11:15

I am really looking forward to rns announcing the Baobab PPA - due in ONE week's time
I am sure soo close to the deadline, Kibo directors can't mess this one up?

"...The Baobab term sheet provides for exclusive
negotiation with Kibo on the PPA and as these negotiations are at an advanced stage, the Company anticipates signing of a final PPA before the end
of Q3 2020. Contingent on finalisation of this PPA, Baobab is expected to be the second electricity off-taker (with EDM) from the Benga Project"

[36jay] 23/9/2020 09:47

5p target is for a reason.Huge investment opportunity.Rock bottom.Decent Results today.CLN is out.Lots of updates due.Upward and onward from here.Over hang cleared.Huge volume for last few days.

[yaki] 23/9/2020 09:42

Also, can KIBO issue an rns without a mistake in it. How can you have a deadline by 20 March 2019 in an agreement signed in September 2019 - is beyond me!

I honestly have serious concerns about numeracy and literacy of KIBO BoD!

Unfortunately the COVID-19 pandemic is impacting on the finalisation of the outstanding shareholder, coal sale and power purchase agreements
pertaining to the finalisation of the restructuring of Kibo's Botswana energy assets. This was anticipated to be completed by 20 March 2019 under
the terms of the binding Heads of Agreement signed between the Company, Shumba and their relevant subsidiaries in September 2019. By mutual
consent, this long-stop date has been extended and all parties are working diligently to complete the process.

[yaki] 23/9/2020 09:40

straight on my point - bid was up and now down on bucket shop broker selling for 10% profit. Lol

[yaki] 23/9/2020 09:25

ukn, let's see if they actually deliver, once!
Baobab PPA is due in 6 working days time!



uknighted 23 Sep '20 - 09:14 - 3834 of 3835
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Why has it been ‘oversold̵7; - because of continued failure to deliver. It could never be oversold, if it was so cheap investors would have been piling in over the last 3 years

[yaki] 23/9/2020 09:22

Ed
The reason for share price being where it is - is not likes of Dozy, but it is down to Kibo management being absolutely hapless and incompetent, eg

-issue 150m shares to Shumba who sold out. Actually great move by them. But depressed the price big time. Not a great partner though

-issue billions of shares to bucket shop brokers who I am sure will be selling out at any small rise

-issuing 100s of mlns of shares to shylock Sands - eg buying back 2.5% of MCPP by valuing it at 67m USD?!? ABSOLUTE DISGRACE. TO THE POINT OF BEING FRAUDULENT!

And trust me, I can go on and on.

And also would love to for you to be right, as at just over 1p I will turn into a millionaire!

Edgein 23 Sep '20 - 09:04 - 3833 of 3834
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Yaki,

Look at the share price, its been oversold when folks like Dozy capitulated at a loss. This is what the board have to work with. However like you know market is fickle, this could turn as fast as the wind when sentiment returns. The question is how high will it go then. Could it complete that 4p chart bowl. If the market values in all possible projects and revenue streams its possible. Imagine what closing on that $900m debt financing would do to our current £4m ish cap. So in other words with the share price this low this is all the management have to work with at present. But for how long, any one of the above developments at KAT, MED or national scale CTP could multibag these considerably. A point the market is missing at present. Given the average price of my holding I see this as only a matter of time now. Perhaps short term too, lots of potential triggers between now and year end as highlighted by today's results.

Regards,
Ed.

[uknighted] 23/9/2020 09:14

Why has it been ‘oversold̵7; - because of continued failure to deliver. It could never be oversold, if it was so cheap investors would have been piling in over the last 3 years.

[edgein] 23/9/2020 09:04

Yaki,

Look at the share price, its been oversold when folks like Dozy capitulated at a loss. This is what the board have to work with. However like you know market is fickle, this could turn as fast as the wind when sentiment returns. The question is how high will it go then. Could it complete that 4p chart bowl. If the market values in all possible projects and revenue streams its possible. Imagine what closing on that $900m debt financing would do to our current £4m ish cap. So in other words with the share price this low this is all the management have to work with at present. But for how long, any one of the above developments at KAT, MED or national scale CTP could multibag these considerably. A point the market is missing at present. Given the average price of my holding I see this as only a matter of time now. Perhaps short term too, lots of potential triggers between now and year end as highlighted by today's results.

Regards,
Ed.

[yaki] 23/9/2020 08:54

Ed,
how do you square all that potential with Board of D of KIBO issuing shares and warrants for peanuts - left, right and centre?!?

[edgein] 23/9/2020 08:47

Paddy,

Pretty much. Well as the management have suggested that the company making Blyvoor project will enhance shareholder value for both KAT and KIBO, BAO PPA due this Q and MED/Sloane listing is being advanced too with listing planned before year end and multi million financing at an advanced stage, again more multibag potential. Some of us are fully loaded too, you've gotten yourself a good entry price. Even Dozy will be envious of that.

Regards,
Ed.

[edgein] 23/9/2020 08:41

The scale of the potential debt provision gives a clear indication to the scale of the projects involved.

"Thinking longer term, we signed an engagement letter with Wimmer Financial LLP for the provision and structuring of up to USD 900 million in debt financing for our African coal and power projects in April. Discussions with Wimmer are ongoing towards the negotiation of a definitive agreement. I am pleased to commend management on the re-organisation of our coal assets and joint venture structure in Botswana announced in September 2019 which is a very positive development for the Company. This is a major transaction which when fully implemented will give us exposure to revenues from a large coal resource and from two coal to power thermal projects. This transaction is further discussed in the review of activities section below."

Paddy the market is also missing the fact that there's huge coal reserves associated with these projects and that opens up further revenue stream possibilities. These remind me of how oversold EUA was at 0.4p too, we also had our share of dozy punters over there that thought it was a good time to short EUA back then.

Regards,
Ed.