Kibo Energy Share Discussion Threads

[cammy3] 02/12/2014 16:11

3p finish coming

[drrichard] 02/12/2014 16:11

NOMADS are usually very particular with word choice to avoid PIs endlessly parsing RNSs. I agree California. Very encouraging. As if the last RNS was not enough!

[california joe] 02/12/2014 16:06

"We believe that the securing of commercial partners for both Rukwa and Imweru, together with third party reporting of the valuation of these projects, will further demonstrate their value"


Is that suggesting they have secured commercial partners or saying if they manage to? Sounds like the former to me ;)

[michaelsadvfn] 02/12/2014 16:04

Very good point drr

[drrichard] 02/12/2014 16:01

SammyC on LSE
Strong buy and I agree….From the CEO himself a few weeks back:

"We would like to reiterate to shareholders our opinion that the current share price and market capitalisation does not reflect the material progress of the Kibo business and its assets over recent years. Even accounting for a challenging natural resource market, we believe the value of Kibo’s assets now far outweighs the current market capitalisation. This is demonstrated by the broker report on the home page of our website, prepared earlier this year and before all the progress made in 2014, indicating a summary valuation of £15.7m which is nearly 4.4 times the current market capitalisation as we write.

We believe that the securing of commercial partners for both Rukwa and Imweru, together with third party reporting of the valuation of these projects, will further demonstrate their value."

Of course this statement didn’t take into account the significant increase in profitability announced yesterday ; )

[ertugrul] 02/12/2014 16:01

Once 3p given I guess it wont stop there

[market master] 02/12/2014 15:49

Come on KIBO!!! Give us 3p :-)

[bill182] 02/12/2014 15:44

more buying on ISDX:

02/12/2014 15:09 91,076 @ 2.72
02/12/2014 15:08 28,685 @ 2.72
02/12/2014 14:28 16,600 @ 2.62
02/12/2014 14:09 180,000 @ 2.69

[eye2] 02/12/2014 15:42

Mm need to up bid to 2.9 for sellers

[eye2] 02/12/2014 15:42

Here we gooooooooooo

[michaelsadvfn] 02/12/2014 15:41

Oh I have, and she's not as tight as this spread

[10009504] 02/12/2014 15:39

U haven't met my girlfriend then

[michaelsadvfn] 02/12/2014 15:38

Haven't seen the spread this tight for a while...

[pj787] 02/12/2014 15:31

Should be a great finish! News leaked! Good movement.

[bill182] 02/12/2014 15:30

I think we may see some delayed trades. A poster on another board purchased three lots around 2.00pm and only one of them has shown so far. How many more are being held back to look like sells later on.

[michaelsadvfn] 02/12/2014 15:29

Something's happening !

[pj787] 02/12/2014 15:28

Come on kibo get close to 3p before finish! 10m+ volume would be good to finish

[drrichard] 02/12/2014 15:28

I know you should not fall in love with a share but I am starting to get a warm glow :-)

[scyther] 02/12/2014 15:27

I just can't see that we are that close to closing a deal for the power station and the share price isn't being bought up hand over fist by insiders?

No matter what we say insiders always buy with knowledge as has been shown time and time again in aim and main markets.

[tadtech] 02/12/2014 15:24

As I mentioned earlier, taking out the holiday weeks out, Kibo only have 13 trading days to fit in some very significant news events. It is most definitely an exciting period.

Add to the above the possibility of financial close of the coal/power project, which, of course, is the big one! The final JV close with a multi-national power conglomerate.

Once Kibo conclude this key milestone the company will no longer be a 'junior' mining exploration company but will transform into a near 'blue chip' investment. Should this occur the share price will take care of itself.

DYOR

[eye2] 02/12/2014 15:24

Just in looking forward to last hour of buying

[michaelsadvfn] 02/12/2014 15:17

Hi maytrees. Something's about to happen here...