Kibo Energy Share Discussion Threads

[valentine] 23/11/2014 20:07

Really? Oh riley? See you Jan 1st but not before. Ready to be surprised, but not before Jan 1st,

[cammy3] 23/11/2014 20:05

An ASOS would suffice

[10009504] 23/11/2014 20:03

I've never seen such a feel good factor on this board. Is this going to do a rem shortly?

[eye2] 23/11/2014 19:57

Thx ileemam this and Obt had a good run last week for me Obt on a golden cross (; both stocks in Tanzania (:

[michaelsadvfn] 23/11/2014 19:39

We will have one major shareholder shortly...

Following completion of the Subscription, Metal Tiger will become a significant shareholder in Kibo with a beneficial interest in 3.67% of Kibo’s issued share capital.

I have a feeling we might get a holdings RNS or two once the dust settles.

[cammy3] 23/11/2014 19:22

I'd love to see the JV coming out tomorrow at 7am. Can you imagine all those doubters and those waiting on the sidelines ?

[pj787] 23/11/2014 19:17

Plenty of coverage over the week end will have attracted the high profile investors, many watching the popular forums. The deal that was mentioned in fridays RNS will have the shrewd and high profile investors with kibo on there radar! Gla DYOR.

[pj787] 23/11/2014 18:57

This board has never been so bullish! Alot will be on the waiting on the side line the moment we get sniff of jv news the herd will move in! Interesting times.

[california joe] 23/11/2014 18:46

More and more positive news on Tanzania every week!



Resources
Sunday, November 23, 2014

Tanzania gets invite for oil talks

MWANZA, Tanzania - Tanzania’s gas discovery and oil exploration is placing the country as one of the key players in global industry.

[cammy3] 23/11/2014 18:07

ertugrul - whoever buys below 20p will make a massive profit. We are going through 4p this week pre JV news

[ertugrul] 23/11/2014 18:04

Very exciting week ahead.Whoever buys below 2p will make a massive profit in short term imo

[nw99] 23/11/2014 17:48

Rock and Roll next week Kibo can do it

[cammy3] 23/11/2014 17:41

Great stuff ileeman - much appreciated.

[tadtech] 23/11/2014 17:40

This post from LSE gives a good guide as to what Rukwa coal/power could do for Kibo and it's shareholders. Obviously there will be some dilution on the way but the numbers 50p+ (compared to the current share price) are staggering



Post from HFO on another board:

Following recent updates on project economics I have revised my valuations on the Rukwa coal to power project (for ease based in UKP)

It is clear that the proposed JV partner adopts a policy of not signing a formal JV until certain studies have been completed.

Kibo Mining are concluding these studies and an announcement is due.

It will be in the interest of the JV partner to conclude quickly to ensure first user advantage in Tanzania

The coal mining operation alone could generate annual profit of £20m based on annual revenues of about £60m on 1.5m tonnes/per annum

I revise my earlier annual profit forecast on power generation to £85m on 300MW plant

I assume Kibo Mining will retain 15% of power generation and 90% of the coal mine

My valuation is based on a fully diluted 285m shares in issue and a PE consistent with PLC energy plays of 5

I expect to see a cash injection into Kibo Mining as a result of the percentage 'sale' of the power operation, this could range £30m - £40m

Based on the above (not accounting for the possible forward cash) my valuation of Kibo Mining's Rukwa coal/power project is....

57p per Kibo share

[jdwag] 23/11/2014 17:31

The 16m shares traded here on Friday (on news of Kibo's fourth ranking asset says it all IMHO, there is real interest here. I believe it was the biggest volume day here ever (post consolidation). That was ISDX and LSE Combined.

Two PFS's and a monster JV before Xmas, should be good.

JD

[michaelsadvfn] 23/11/2014 17:26

That's exactly what Zak Mir said a while back when we were up at 1.8 or so.

Interesting week ahead.

[ileeman] 23/11/2014 17:13

Kibo looking more interesting.

Failed to break below the August low and has rebounded and actually closed back above resistance at 1.6p.

Found a bit of resistance at the 100ma and a previous support line which is is to be expected.

Does look like it wants to go higher. 4p is the target if it can break the downtrend line and 2.25p/2.5p.


free stock charts from uk.advfn.com

[tadtech] 23/11/2014 16:42

Yesterday this thread saw it's highest number of visitors since it was created in March 2013. This month has already exceeded last months record number of visitors, up by 30% so far.

There is no doubt the investment community has Kibo Mining in it's sight.

The company remains materially undervalued, the tiny market cap of £4.3m cannot last, the re-rating will continue IMO.

Demand for the shares tomorrow should be high.

[10009504] 23/11/2014 16:22

How about not trading and just let them run. It's only way you will see the big gains here

[pj787] 23/11/2014 14:51

It's good to see new poster's with interest building more investors will have this on there radar! Look forward to trading day tomorrow.

[jumbone] 23/11/2014 13:26

Professor ‏@profwiseowl now

#KIBO looks like 60% buys over 10 days, where will the share price reach on Monday?





1:17 PM - 23 Nov 2014 · Details

[michaelsadvfn] 23/11/2014 13:08

Good post drrichard, he does indeed have an impressive background and as you say, good to have at Metal Tiger.

[jumbone] 23/11/2014 12:56

Just saw this:


Professor ‏@profwiseowl 38m38 minutes ago

#KIBO Price is Inside the Cloud + RSI, Aroon, ADX, MFI, MACD, CMF, Balance Step (except 200sma) Signalling Bullish

12:15 PM - 23 Nov 2014 · Details

---------------------

If all TA indicators are signalling a bull run....

Where will the share price close on Monday?

[drrichard] 23/11/2014 12:39

Metal Tiger, Chairman, Terry Grammer. Nice potted cv in MTR RNS 15.9.14. Mover and big shaker and nice to have as as a JV partner