Kibo Energy Share Discussion Threads

[bill182] 21/11/2014 15:03

Anyone buying now will have timed their purchase perfectly.

Anyone selling now wants their head examining.

I wonder what the next one and a half hours of trading will bring!

[ertugrul] 21/11/2014 14:59

Someone posted on lse

Today 14:57optimist13JDwag1.70No Opinion

Yes, it is a win win situation for everyone, including us little PI's. The more I read, the more I believe the Rukwa JV is already a done deal, only subject to the studies coming in on expectations. Very exciting times indeed.

[rmart] 21/11/2014 14:59

well, it looks like I hit a hat trick this week, a dodgy trade on TXO paid off, then into HAWK and now into here... whoopeee !

[pj787] 21/11/2014 14:57

Flushed out the seller's now moving up.

[ertugrul] 21/11/2014 14:54

rmart

You are welcome, this is my biggest investment, 2 ISA accounts are full of KIBO shares.

I am confident this will break all time highs with some more JV news, another 2 even 3 JV's to come in short period of time...........

[pj787] 21/11/2014 14:54

Volume looking good, I'd we finish above 1.8 that should set up for next week and if news drops in well 2p will be behind us.

[california joe] 21/11/2014 14:52

Thats more like it :)

[ertugrul] 21/11/2014 14:52

12.7m here and almost 3.5m shares traded in isdx, i guess we are at this years highest volume at the moment

[rmart] 21/11/2014 14:52

cheers ertugrul.

[tadtech] 21/11/2014 14:50

I expect more significant news next week. Could be an interesting last few hours!

[ertugrul] 21/11/2014 14:44

dont worry m8, this time you spot on, one of the most undervalued company in the AIM

rmart 21 Nov'14 - 12:52 - 15238 of 15246 0 0

just in here, hope i got this one right. I have caught the last 2 correctly, hope its not 3rd time unlucky..

GLA

[10009504] 21/11/2014 14:32

I will be very excited at fifty pence

[bill182] 21/11/2014 14:11

It doesn't get much clearer than this:

"We anticipate significant further news flow across our project portfolio in the coming weeks in what is building into an exciting period for the company and investors."

[the stigologist] 21/11/2014 13:55

MoU's are cheap PR vapourware... but they don't mean anything in the long term

Memorandum of Understanding for Tanzanian Mine Mouth Power Station signed by Mzuri Coal

Shareholders are advised that the Company has been informed by Mzuri Energy Limited ("MZURI") that MZURI has entered into material negotiations in relation to its main asset, the Rukwa coal project, as more fully explained below.

* Mzuri Coal Limited signs Memorandum of Understanding to pursue the development of a mine mouth power station at its Rukwa Project with large Asian global conglomerate.

Dated: 15 May 2012

[bill182] 21/11/2014 13:46

Still plenty buying on ISDX. I reckon we will see 2.00p today.

[cammy3] 21/11/2014 12:57

10m Volume today - increasing daily as we head up to the $100m JV

[tadtech] 21/11/2014 12:57

The 'issue' remains that Kibo has never put out prospective numbers to what their projects could generate in terms of cash-flows, profit or value.

Coetzee said, in answer to a direct question at the recent presentation, that no-one would believe them and investors could work out the values for themselves.

In my view this is wrong. On the whole it is the retail punter that drives your share price, most retail punters cannot even work out P/E ratio's and how market cap is equated, let alone complex project valuations. The company should have put out numbers via their broker.

The coal/power project is extremely complicated but thanks to Ncondezi Energy we know that...

A 300MW power plant would generate EBITDA of $130m per annum

The coal mining side could generate EBITDA of $35m

At Imweru (gold) a low cost operation could produce profits before tax of $75m over 36 months based on 40,000oz annual production.

The above are very significant numbers and Kibo will retain a large share in those projects.

It is clear that Kibo is MATERIALLY under-valued, the 'issue' is that until it is presented to the market (via the CPR's) in black and white only the shrewd sophisticated investor will gain materially by buying in ahead of these announcements.

DYOR etc

[10009504] 21/11/2014 12:56

I bet your not married vivgav lol

[vivgav] 21/11/2014 12:52

10009504

Circa 40p to 1.75p.....let's play with facts eh.

[rmart] 21/11/2014 12:52

just in here, hope i got this one right. I have caught the last 2 correctly, hope its not 3rd time unlucky..

GLA

[10009504] 21/11/2014 12:49

LC is about to deliver and all the peeps that have criticised him for last three years will suddenly become his best mate and start praising him. Such is the fickle pi