Kibo Energy Share Discussion Threads

[gazza102] 03/2/2021 14:10

Can someone explain the difference between what PPG are doing and KIBO in setting up sites for emergency power in the UK.

[edgein] 03/2/2021 14:01

Worth going over the older news about these power sites again as the project pipeline contained 71MW and a total 300MW reserve power planned.

From 28/10/20:

"HOT to install a 6 MW flexible gas power project in the West Midlands, England - planning and permitting already in-place

-- Expands existing portfolio of UK shovel-ready sites, in line with strategy to acquire and develop a 300 MW portfolio of small-scale flexible power generation assets:

o 100% interest in 5 MW gas fuelled Bordesley power generation plant, currently under development and scheduled for commissioning in Q1 2021

o 100% interest in the acquisition of a 9 MW flexible gas power project

-- Proven and significant market demand with blue-chip off-taker already secured."

"These three sites mark the start of a much larger portfolio of 300 MW that Sloane is aiming to establish in the UK, with a pipeline of sites totalling a further 71 MW currently being assessed, and additional prospective sites being continuously added."

Regards,
Ed.

[yaki] 03/2/2021 13:10

Ed, agreed. I think the market will wake up once prospectus is published and IPO is done.

I vaguely remember 60k per MW of free cashflow mentioned by someone who knows the sector.

So the initial 9 Mw will be smth like 300k kibo way. When upgrades to 50 mw, that's getting closer to 2m and then c4m for 100mw

So should warrant 40-80 mln market cap, just on med, ie 2-4p

[pennstreet] 03/2/2021 13:09

1.2% and there's a price monitoring?

[edgein] 03/2/2021 12:55

Yaki,

Don't think there'll be too much priced into that £23.5m, certainly not the full 40MW let alone the longer term plans for 100MW+ of reserve power. LC suggest significant revenues from early on, so we can wait and see just how well that performs. Gas price recovery still lagging way behind the recovery in the oil price so its a good time to be starting up these gas fired plants.

Regards,
Ed.

[sirianbotham] 03/2/2021 09:59

Let's hope it's over subscribed as well.

[sirianbotham] 03/2/2021 09:58

If those listing details are right and out tomorrow it's going to be good day!

[yaki] 03/2/2021 09:28

I would expect an rns as the market is not trading in orderly fashion

If this is true

Listing details are out, it closes tomorrow. Raising between £4.5m and £5.5m at 12.5p. Est market cap of MAST £23.5m. #KIBO to own 55%. #KIBO share in MAST is worth nearly twice the MC of #KIBO. Hence #KIBO should rise to 0.5p

[pennstreet] 03/2/2021 09:15

They need shares!! Bids going to have to move ;0)

[pennstreet] 03/2/2021 09:10

Can sel 6m !

[yaki] 03/2/2021 09:08

Ed, good point on future MED growth.

Not sure how much of that is already in MED price. Will have a look when the prospectus is available

But even as it is, if share price goes to 0.7p - should trigger all the warrants and hence no more placing etc

[edgein] 03/2/2021 09:00

Yaki,

Interesting tweet there for just MED. Yeah I don't think that the market realizes or believes that MED will grow as fast as planned, but lets wait and see. They'll be generating revenues from early on and have a clear path to 40MW capacity so potentially MED could have a very good year and the market loves producing assets and significant revenues.

With the 25% of KAT and the CTPs not mentioned in that tweet 0.5p would certainly be a good start, but I would expect multiples of that within 12 months especially if MED does what it says and they hit something commercial at Haneti. With the reserve upgrade and those reports pretty much done, combined with the current gold price I cannot see any issues with financial close at Blyvoor imo.

So KIBO looks like its in the best position to move forward in years. Any progress on the CTPs or coal production would be icing on the cake.

Regards,
Ed.

[yaki] 03/2/2021 08:54

If the 23.5m and 55% are borne in reality, Kibo should be min 0.7p

[guitars4stars] 03/2/2021 08:49

Guessing today will be another baby step towards our re rating to - fair value - !!!

[yaki] 03/2/2021 08:47

Can't buy any stock online, even 100 quid worth

[yaki] 03/2/2021 08:37

Interesting tweet from last night



Listing details are out, it closes tomorrow. Raising between £4.5m and £5.5m at 12.5p. Est market cap of MAST £23.5m. #KIBO to own 55%. #KIBO share in MAST is worth nearly twice the MC of #KIBO. Hence #KIBO should rise to 0.5p

[yaki] 03/2/2021 08:36

Ed, when I read it like that - is looking very good

[edgein] 03/2/2021 08:23

This one is still flying well under the radar, lets see what it does when the herd finally arrive here and send this one soaring towards fair value. We're gonna see significant revenue generation from MED within the next 6-12 months, so its not just the £20m IPO valuation on it:

Louis Coetzee, CEO of Kibo, said: "Completion of the pathfinder prospectus and commencement of the roadshow brings the stated objective of listing on the LSE closer. This at a time when significant growth opportunities are available in the rapidly growing Reserve Power market to realise value for all stakeholders, as demand for Reserve Power in the UK increases."

"Following the LSE Admission of MED, MED and Sloane will be in a position to develop its portfolio at scale and pace, as opposed to a project-by-project basis and advance rapidly towards significant revenue generation. Upon successful completion of the IPO, Sloane will be in a position where it expects to have c.9MW in immediate production and c.20 MW in production within the first six months from listing and adding another c.20 MW in production over the next 6 months. The additional production capacity for the first c.20MW will come from Bordesley and 2nd acquisition sites, as well as the 3rd acquisition, announced on 28 October 2020. The capacity for the 2(nd) c.20MW is expected to come from a significant project pipeline, currently in an advanced stage of development".

Regards,
Ed.

[tomboyb] 03/2/2021 08:22

NT at 0.34p -

Ok -

[tomboyb] 03/2/2021 08:20

not even 500k available -

[guitars4stars] 03/2/2021 08:14

A busy start with good interest!

[tomboyb] 03/2/2021 08:13

Morning -

Big buyish yesterday -

Lets see where we are today -

[yaki] 02/2/2021 18:16

PennStreet
Lol
I don't know why likes of Paul Johnson nver has such problems, while Kibo 7 or 8 directors (lost their count) never manage to find open period to put some of the millions they earned from kibo into buying few shares here.

[pennstreet] 02/2/2021 18:09

They would use the old perpetual 'closed period' excuse to prevent them from dipping their hands in their own pockets !!

[yaki] 02/2/2021 17:42

That's a pretty confident buy - 37k spent

Would be nice if is a director buying!