Kibo Energy Share Discussion Threads

[guitars4stars] 02/2/2021 17:19

Nice 11.3 Million buy after close!Up, up and away we go...

[yaki] 02/2/2021 16:35

I presume the 0.3155 trades were sells. Your shares are wanted ...

[guitars4stars] 02/2/2021 16:07

Best wishes Mo!:)

[mohammedalibusiness] 02/2/2021 15:38

Amazing what a bit of Blue does to people on here.Don't get too low on the reds, the mid reported price has been weird but the average range of buy and sell price has been fairly stable. Definitely building a new platform/floor in my eyes for........ KIIIIIBBBBBOOOOOOOOOOOOOOOOMMM!!!Man I miss December 2014.

[1bluehorseshoe] 02/2/2021 15:29

It will come

[guitars4stars] 02/2/2021 14:50

I would call the 40s a breakout.... nothing less!

[georgeo1] 02/2/2021 14:30

From last months rns. Could see an update very soonKibo Energy PLC ('Kibo' or the 'Company'), the multi-asset, Africa focused, energy company is pleased to announce that its 100% UK subsidiary, Sloane Developments Ltd ('Sloane'), has progressed the acquisition transaction announced in the RNS of 07 September 2020, to the point where it is now finalizing a definitive Share Purchase Agreement ("SPA") to acquire 100% of the 9MW flexible gas power project (the 'Acquisition').The decision was largely influenced by the rapid progress made in getting the site ready to commence with commercial production. Latest reports from the project vendor and onsite engineers state that the site will be in electricity generation readiness by mid-February 2021. The site and equipment will then settle into steady state electricity generation and commensurate revenue creation as planned for the project life cycle.

[tomboyb] 02/2/2021 14:07

and.. online limits slashed at 0.32p -

[tomboyb] 02/2/2021 14:00

v positive if spreadex is out -

[guitars4stars] 02/2/2021 13:54

Well this - is almost getting exciting!Baby steps towards our re rating...

[georgeo1] 02/2/2021 13:53

Everyday I'm looking for new listings on LSE. Especially for MED.

[edgein] 02/2/2021 13:51

Yaki,

The vast majority of CEO's suggest deadlines that are never met, this is much more common on AIM than those that hit their targets. LC is no different and as they're operating in Africa that just compounds/creates these situations. But that won't stop this one re-rating as they make actual progress and we're getting quite close to some material progress for KIBO/KAT. MED due to list the middle of this month and there can't be many more boxes to tick for Blyvoor given recent news. Also Tanz lab working on the Haneti assays at present too. Very little or none of the above priced in here, they should be capped at more than £6m for the huge coal reserves they have.

Regards,
Ed.

[1bluehorseshoe] 02/2/2021 13:45

Let's close above .3 target .45 initially

[1bluehorseshoe] 02/2/2021 13:28

Sentiment is key thanks for the information. Yes let's see

[cj41] 02/2/2021 12:30

The point you miss by a million miles is the missed timelines are those of the company. Regardless of what needs or needed to be done the company yet again stated timelines which have been missed. Hence the share price and poor sentiment and constant need to add shares like confetti, not to add value but to keep paying salaries and the lights on due to constantly extended timelines.

[cj41] 02/2/2021 12:27

Dilution here has added nothing other than value destruction.

[yaki] 02/2/2021 11:46

1b
sentiment, fundamentals and technicals, all matter.

but also your views on quality of management

Here, main issue are technicals, ie constant supply of shares available to sell, any time when we get upward movement.

And constant missing of self declared deadlines by kibo management

Next news - must be Mast - EIGHT working days left to get the Ipo which was meant to happen by end of ladt year, to go through.
Wouldn't it br nice if gets achieved, and done before Friday next week?

[1bluehorseshoe] 02/2/2021 11:23

YakiYou need to consider sentiment as a big part of a company's value. I'm new here and would appreciate your view on what we can expect regarding newsflow?

[yaki] 02/2/2021 11:05

Ed, we had way too many promises, incl on MED, that never materialised, so allow me to not take anything the company releases at face value.

But as a major holder here, obviously very keen on some positive share price movement.


Edgein 2 Feb '21 - 10:48 - 5087 of 5088
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Yaki,

Really? As far as I an see a good portion of the recent money raised has been spent on getting MED to where it currently is (estimated £20m at ipo) with multiple sites in development. I wouldn't class that as wasted personally as that's a part of what makes this one oversold. MED is setting itself up for an interesting twelve months ahead, as LC suggests significant revenues.

Regards,
Ed.

[uknighted] 02/2/2021 10:59

Edgein I think the point is that funding details were expected last year but, like so many kibo/ Kat deadlines, they failed to materialise.

[edgein] 02/2/2021 10:50

P.S. I did't buy here for the CTPs I bought here because of the MED and the KAT assets. Those CTPs are just another large bonus not priced in either.

Regards,
Ed.

[edgein] 02/2/2021 10:48

Yaki,

Really? As far as I an see a good portion of the recent money raised has been spent on getting MED to where it currently is (estimated £20m at ipo) with multiple sites in development. I wouldn't class that as wasted personally as that's a part of what makes this one oversold. MED is setting itself up for an interesting twelve months ahead, as LC suggests significant revenues.

Regards,
Ed.

[yaki] 02/2/2021 10:44

Agree, but when is done when you are on your knees, as all KIBO fundraisers have been lately - very rarely adds any value.

As Ed said, despite all dilution -market cap is the same at 6m. So all new monies have been wasted, pretty much


When I started investing - there were 300m shares, now there are 10x more - and still not a single penny earned. This is why my original shares bought at 6p are 95% down.

In the meantime Directors got paid few mlns in salaries!

1bluehorseshoe 2 Feb '21 - 10:30 - 5082 of 5083
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Nothing wrong with dilution if it adds value

[edgein] 02/2/2021 10:43

Well he did ask, why hadn't the financing closed at KAT before year end. They needed a drilling campaign, reserve restated, a valuation report etc etc all done before the financial close. Going into late last year it was quite apparent that there wasn't going to be financial close in 2020. Shouldn't be many more boxes to tick now though.

Regards,
Ed.

[uknighted] 02/2/2021 10:40

Edge in I can’t believe you would say to yaki “If you had been following KAT”!