Kibo Energy Share Discussion Threads

[yaki] 28/1/2021 08:31

Now offered 0.322p for 5m sell

No, thanks

I want to buy - aaargh

[yaki] 28/1/2021 08:29

Can't buy even 10k shares
But can sell 3m at 0.315p

[tomboyb] 28/1/2021 08:28

0.40p+today -

No stock at all at 0.34p -

[yaki] 28/1/2021 08:12

I can't buy neither, with EQI - aaaargh

[guitars4stars] 28/1/2021 08:12

Well timed TR1 for you Yaki! Cheers

[bean02] 28/1/2021 08:10

Can't buy with hl

[yaki] 28/1/2021 08:10

Wow, this is way better than I expected.
I had in mind 6m and KIBO stake at 3m

In this case, KIBO listed assets will be c 11+2.5=13.5m, ie 0.6p ish level

[edgein] 28/1/2021 08:10

G4S and GD,

Yeah as LC states exciting times ahead. MED listing proceeding as planned, and they're to list at a reasonably low market can and be funded through their pipeline of assets for the immediate term. Also a near term revenue producer.

The KAT is due to update on Blyvoor and Haneti soon too boosting KIBO's 25% even further. The 200% increase on measured and indicated at Blyvoor should definitely help secure that financing given the current gold price.

Then we have the huge coal to power projects that aren't priced in either. As you fellas suggest, re-rate looks only a matter of time now, should really be closer to 2-3p rather than 0.3p.

Regards,
Ed.

[greatfull dead] 28/1/2021 08:02

All things now going to plan at KIBO.

GLA,
GD

[guitars4stars] 28/1/2021 07:54

All good steps in the rerating of Kibo Energy!

[edgein] 28/1/2021 07:31

"Kibo Energy PLC ('Kibo' or the 'Company'), the multi-asset, Africa focused, energy company is pleased to announce, further to the RNS dated 23 July 2020 that MAST Energy Developments Plc ("MED") has approved its pathfinder prospectus to seek admission ("Admission") of its ordinary shares to the Official List of the London Stock Exchange plc ("London Stock Exchange" or "LSE") by way of a Standard Listing and is commencing its roadshow this week to raise c. GBP4.5 million with an initial target market capitalisation of approximately c. GBP20 million. MED will remain a Kibo subsidiary after listing with Kibo holding at least 55% of MED on the day of Admission."

55% of £20m is circa twice the current share price and when you add in KAT its more than twice the share price and that's nout for the huge CTPs. Interesting times ahead folks with MED due to list next month.

Regards,
Ed.

[johncasey] 28/1/2021 07:20

150% rise today

[johncasey] 28/1/2021 07:19

so kibo just added £10m to market cap..nice

[uknighted] 28/1/2021 07:07

Mast Energy Developments Plc: IPO Update: Approval of Pathfinder Prospectus and Commencement of Roadshow and Fundraise

Kibo Energy PLC ('Kibo' or the 'Company'), the multi-asset, Africa focused, energy company is pleased to announce, further to the RNS dated 23 July 2020 that MAST Energy Developments Plc ("MED") has approved its pathfinder prospectus to seek admission ("Admission") of its ordinary shares to the Official List of the London Stock Exchange plc ("London Stock Exchange" or "LSE") by way of a Standard Listing and is commencing its roadshow this week to raise c. GBP4.5 million with an initial target market capitalisation of approximately c. GBP20 million. MED will remain a Kibo subsidiary after listing with Kibo holding at least 55% of MED on the day of Admission.

[yaki] 27/1/2021 15:59

offer is getting firmer - 0.295p now.

and sells are 0.285p now

[yaki] 27/1/2021 12:50

ok, just checked

240m at 0.25p, so more like 600k

[yaki] 27/1/2021 12:45

If mem serves me well, was like 200m, hopefully 500k heading in kibo coffers soon.

[cj41] 27/1/2021 12:42

Apologies Yaki. Maybe we will see those exercised. They are likely to be needed ASAP.

[yaki] 27/1/2021 12:34

cj41
first tranche of warrants is at 0.25p

[cj41] 27/1/2021 12:22

We might get away with another 1 billion shares plus either the same or more in warrants. I can't see this hitting and staying above 0.4p quick enough to provide funds from existing warrants but maybe LC will surprise positively for the very first time.

[cj41] 27/1/2021 12:15

The next placing via the new broker must be imminent. Let's not kid ourselves that it's not.

[yaki] 27/1/2021 12:05

OBT

I believe, if LC and co start delivering - which has been the problem to date- and get KIBO to cashflow neutral state; KIBO can easily re rate to 20-30m company, ie 0.7-1p

And this is based on fundamentals. Could be well higher if get some hot air pushing the sails, like many AIM companies - eg POW at 30m on pretty much nothing

[yaki] 27/1/2021 11:05

PennStreet,

good trade size. Shouldn't be long now to start to see some tangible progress!