Kibo Energy Share Discussion Threads

[justtrying1] 06/10/2020 11:48

Biggest junk shareNever ever buy a share where lc is ceoMake that a mantraAs seen by kat investors DelaysCan kicked down the roadShareholder dilutionShareholder destruction

[cj41] 06/10/2020 11:07

£50m with after dilution shares of c3.5billion gives a share price of closer to 1.4p than 2.5/3p. The market cap will need to be £100m to achieve a share price of 3p. That's before any equity investor participation. I would assume LC uses at least the remainder of the 5 billion for that, and probably more. Just keeping it real.

[yaki] 06/10/2020 09:49

Tradedesk1

Agreed. On the positive - KIBO has plenty of cash (for now) and the 1bln will bring another 3.7m in cash

On CLN - I think disastrous move to arrange one- pay 20% upfront and then cancel it a month later. Absolutely incompetent!

Tradedesk16 Oct '20 - 09:14 - 4123 of 4123
0 1 0
1bn warrants which if exercised will bring in a boat load of cash to kibo coffers and if they are delivering at this point then it'll move to a fairer mkt cap which arguably should be in excess of £50m (2.5/3p) for starters. It will need things to go well but theres a combined project npv of over £1bn here and if just some of these start to come in then we aren't talking small fry so 100m wouldn't look out of place either at some stage, arguably that will be cheap vs npv if things are on point. 0.5 isn't a bad near term target but it only equates to circa 10m mcap and you can find early exploration plays like pow ecr rock valued more than this. They'll be a tipping point when things start to take off here just on sheer size of projects imo so despite sentiment right now it can change very quickly, i've seen this too many times on AIM. Its concievable this will return to previous hieghts in the not too distant and thats still cheap really. Caveat things need to go well. The termination of the CLN is a smart move and I think a precursor to a rerate. Right now is the time to be picking bombed out resource/energy stocks as money is flowing back in this sector and these big clunky projects will get made. Look at EUA no one wanted it at 0.40 not the case at 30p and we even share a Chairman in CS. Gl

[zen12] 06/10/2020 09:48

RNS Out - Webinar planned for next Wednesday...falling in line with the 2 week window for JDA?

[tradedesk1] 06/10/2020 09:14

1bn warrants which if exercised will bring in a boat load of cash to kibo coffers and if they are delivering at this point then it'll move to a fairer mkt cap which arguably should be in excess of £50m (2.5/3p) for starters. It will need things to go well but theres a combined project npv of over £1bn here and if just some of these start to come in then we aren't talking small fry so 100m wouldn't look out of place either at some stage, arguably that will be cheap vs npv if things are on point. 0.5 isn't a bad near term target but it only equates to circa 10m mcap and you can find early exploration plays like pow ecr rock valued more than this. They'll be a tipping point when things start to take off here just on sheer size of projects imo so despite sentiment right now it can change very quickly, i've seen this too many times on AIM. Its concievable this will return to previous hieghts in the not too distant and thats still cheap really. Caveat things need to go well. The termination of the CLN is a smart move and I think a precursor to a rerate. Right now is the time to be picking bombed out resource/energy stocks as money is flowing back in this sector and these big clunky projects will get made. Look at EUA no one wanted it at 0.40 not the case at 30p and we even share a Chairman in CS. Gl

[daar] 06/10/2020 09:03

Thank you sir

[yaki] 06/10/2020 08:16

0.5p ish if KIBO delivers. As it failed to do so for last 10 years. We have c 1bln warrants at that level - so MASSIVE dilution expected

Otherwise whatever the KAT underpin is - 0.1p as of today


daar 5 Oct '20 - 20:34 - 4118 of 4118
0 0 0
What's everyones target here?

[daar] 05/10/2020 20:34

What's everyones target here?

[cl0ckw0rk0range] 05/10/2020 15:28

Perhaps they can build a power plant in a game reserve?

[daar] 05/10/2020 15:25

A big push incoming at some point me thinks

[yaki] 05/10/2020 14:03

Ed

True, although EUA is a funny one. I met CS a few times and been to the agms at his club in London.

But no one can argue with share price of 30p vs 0.4p only a year ago!

Let's hope same can happen here. The issue is that I don't know what the driver can be here. I doubt it will be Kibo BoD continuous issuing of new shares.

Anything they managed to do by spending 40m over the last 10 years



Edgein 5 Oct '20 - 12:51 - 4110 of 4112
0 1 0
Yaki,

And the very same style of punters as Dozy et al were saying the very same things about EUA at circa 0.4p too. Market is fickle, the first of these PPA and EPCs land all will be forgiven herd will claim these are the best thing since sliced bread. That's if MED and KAT don't beat them to it.

"An extensive review by our preferred Engineering, Procurement and Construction Contractor ("EPC") to provide an indicative EPC price for the purposes of agreeing commercial terms in the Baobab PPA has been completed."

So extensive review by the preferred EPC provider passed. That's what I call progress.

I agree though its the lack of definitive project completion is what has gotten KIBO's share price this low in combination with the capitulation of its former holders, but its choosing the turning point is the time when the best returns come. Given allowances for miners and Africa time etc I can see multiples of these progress to conclusion within the next six months. But we'll see, high risk vs high reward.

Regards,
Ed.

[daar] 05/10/2020 13:07

No emotions, purely a trade for me :)

[cl0ckw0rk0range] 05/10/2020 12:59

"The issue with KIBO is credibility, or lack of it."The same could be said of several posters here and on LSE..

[edgein] 05/10/2020 12:51

Yaki,

And the very same style of punters as Dozy et al were saying the very same things about EUA at circa 0.4p too. Market is fickle, the first of these PPA and EPCs land all will be forgiven herd will claim these are the best thing since sliced bread. That's if MED and KAT don't beat them to it.

"An extensive review by our preferred Engineering, Procurement and Construction Contractor ("EPC") to provide an indicative EPC price for the purposes of agreeing commercial terms in the Baobab PPA has been completed."

So extensive review by the preferred EPC provider passed. That's what I call progress.

I agree though its the lack of definitive project completion is what has gotten KIBO's share price this low in combination with the capitulation of its former holders, but its choosing the turning point is the time when the best returns come. Given allowances for miners and Africa time etc I can see multiples of these progress to conclusion within the next six months. But we'll see, high risk vs high reward.

Regards,
Ed.

[texaschaser] 05/10/2020 12:29

lifestyle company

[dozyduck] 05/10/2020 12:23

Anyone who understand project economics, NPV's, maths, and share valuation will recognise First Equity's 'target' as the ignorant nonsense that it is. And given that LC was still 'spouting' the same target, many months later at an invvestor Q&A when no of shares had increased significantly subsequently, should be proof enough that either he doesn't understand his own company's business. Or he's bent on misleading investors. At that Q&A he refused to answer questions that would have revealed his own ignorance.
Post 806 back in Dec 2018 explains why - for anyone who can read and understand anything a bit more complicated than a Jane and John Ladybird storybook.

[daar] 05/10/2020 11:48

Bought some

[divmad] 05/10/2020 11:19

Well put, Yaki.

[tonytony4] 05/10/2020 09:46

It wouldn't surprise me if shorter were at this! Holding and adding all the best..