Kibo Energy Share Discussion Threads

[ertugrul] 27/11/2014 14:08

MMs are manipulating just before the news

[wrighty46] 27/11/2014 14:01

Sell 250k 1.85 can't buy zilch won't be here long gla

[tracy_moore] 27/11/2014 13:58

rmart 27 Nov'14 - 13:47 - 16106 of 16113 0 0

dont want to say i told you so.

erm you just did DUH ! rmart filtered I can see precisely what this dong is up to.

[market master] 27/11/2014 13:57

Can't even buy 100k online... hold on to your shares guys!

[ertugrul] 27/11/2014 13:54

These are posted on lse by our friend JD - Very good read

[ertugrul] 27/11/2014 13:53

RE: Welcome LG: Part 1Today 11:17Part 2:

However, the 800 Lb Gorilla in the room is the Rukwa Coal to Power Project (RCPP), the Rukwa field itself was bought for £21m just for the knowledge of the 109mt of Thermal Coal present. Add to that a Government and Local Tribe backed Mine to Mouth Coal Operation and 300-350MW Coal Plant which we currently own 100% (Circa $USD700m to build), the fact that up to 12 large companies have been in discussions to be the JV Partner and you are left with a truly mouth watering prospect of what this sucker will actually look like when I comes into port, I doubt it looks like an MCAP of £5.5!!!

The RCPP PFS will be out next week hopefully, and JV is to be announced shortly after (so says the CEO) so this could be late December / January 2015. The company website has been completely overhauled (so it can be fully updated on news when it is out), so it all looks so promising after many false starts and kicks to the teeth.

But, given this companies history only news will make the share price truly ascend, it won’t get the benefit of the doubt like some companies on AIM do.

Anyway, welcome mate.

JD

[ertugrul] 27/11/2014 13:53

Welcome LG: Part 1Today 11:16Where to start with KIBO? Well firstly, the CEO has made mistakes, most notably in 2013 and early 2014 going round telling everyone that JV’s were imminent (when they flatly were not) has IMHO, crushed sentiment here and allowed the Market to rate KIBO in October at a MCAP of £2/3m (practically a dead stick), which was an utter shocking state of affairs, the CEO was to blame for that and I have told him as much, you make promises you can’t keep and you are savaged on AIM, that’s just life.

Well AIM is a fickle beast and over one month on sentiment has trued to the Bull side and it is now at a MCAP of Circa £5.5m here today with much more to come, they have brought their Uranium Project back to life (via a company your are invested in Metal Tiger) in what I believe is a very smart funding deal on the basis of a KIBO rising SP, however, this is still very hard to value, however, crucially it is now off their hands for an earn in. They Nickel / Platinum play is bouncing around in the background with more work needed, again hard to value currently.

The key drivers now are the Imweru Gold PFS (report due this week, maybe released this or next week) which will give us value on what that is worth, however, there are good rumours circling about on this and other BBs that there is an adjacent tenant gold explorer (due to be a producer in early 2015) will need our permit to produce and thus a JV / Deal is coming (check them out: Worth mentioning that we have approx 4 times the Gold they do and the upcoming PFS will help attribute value to that. So the Gold deal could be massive here in terms of near term production (which the CEO has said is his goal via a JV, so the LVG deal makes sense if true).

[michaelsadvfn] 27/11/2014 13:52

The day isn't finished yet.

Are they clearing out the last of what has been holding us back? PEEL has dropped the offer to 1.9, next up is 2.2 still.

[california joe] 27/11/2014 13:50

Probably a 2.30 RNS in the pipeline and MM's trying a last ditch attempt at grabbing sub 2p shares ;)

[ertugrul] 27/11/2014 13:47

rmart, how many you can buy now?

[rmart] 27/11/2014 13:47

dont want to say i told you so.

[california joe] 27/11/2014 13:45

Seen a fair few 133,333 trades in past few days!

[ertugrul] 27/11/2014 13:45

here is an opportunity below 2p again

[california joe] 27/11/2014 13:44

Tree shake time!

[vivgav] 27/11/2014 13:32

Only proper news will drive this forward 10009504. Been here 3 years.

[ertugrul] 27/11/2014 13:28

This morning people were unable to buy at 2.05 once price moved up people started to pay 2.09 but suddenly it dropped back to 2.05/2.04 to buy and could buy plenty. We saw some large buys not big sells at that time, this is obvious manipulation; cant see any other reason for this hold back.

[rmart] 27/11/2014 13:12

manipulation? supply and demand is what matters. If loads are buying because of good news the price will go up.

[vivgav] 27/11/2014 13:11

We will not break through 2p without substantial news.

Too many placings over last 3 years also holding us back imo

[bill182] 27/11/2014 13:10

One little RNS will rectify that.

[michaelsadvfn] 27/11/2014 13:07

Yup. That was SCAP coming off the bid after taking in 100k.

It's looking like we will be stuck here until news arrives unless this big block of shares finds a new home.

[pj787] 27/11/2014 13:06

Hopefully this manipulation will not last long news due any time! Gla DYOR

[bill182] 27/11/2014 13:05

So....buy 2.00 v sell 1.95

[california joe] 27/11/2014 13:04

This is like a TV repeat! Drop it back now lunchtime, grab some more shares and then take it up later! Every day this week, same old story!