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The market should hammer this today
MPP, no coal involved in bio fuel , which seems odd considering it's sat on millions of tons of coal.
If there is a market for coal then LC will run with it in spite of his apparent change of direction
Good for Kibo I suppose. Money is money
Well a rave from the grave!!
Sowing the seeds.....if we get the finance via the IPO....then rockets...gla
Guess there was no buyers out there
Well you could, but I’m not the one being naive.
Keep on making the same mistakes though if it makes you happy genius.
Could say the same to you...time will tell..gla
Are you really that naive?
Patientzero, what bit do you not get ?,did you not read up on the details ????.
They said they would be raising money in the IPO, so I just don't get what you keep raving on about...
Kibo will grow once it IPOs and starts to bring on more power infrastructure, so, in the time being you either buy or walk away depending on your view of them now and their sp....gla
Thought it was 2021?
Shovel ready, moving at pace, NOT still a car park.
Problem with this paid PR is that it’s done for a reason- whats their cash position looking like?
Nice update
Projects up a running by end of 2023
£10m annual turnover
Well, short positions have to close before suspension etc to crystallise their profit otherwise they are stuck in an open position and have to try and close on the grey market.
Which can be tricky.
Dummy sell loads of tickets today.
Buyer keen?
I’m amazed there was someone or something on the other side of Dave’s dumps to take the lot.
Still hoping for a win here at these levels.
Drip drip drip down until then of course.
Wonder what price the next raise will be at, should be interesting to see how they manage it now they have one less funding avenue thanks to the recent EGM, funny how that TR1 popped up shortly after isn’t it, timing huh?
waiting for news is killing me.
IPO target date announced as either this calendar quarter or Q1 2023.
IPO from 1 April it is then lol
I would also like to thank Pieter for his significant contribution to the Group as CFO over the last 4 years and look forward to continue working with him as part of the Kibo group in his new capacity as CEO of MED."
Thanks for confirming he is CFO ….Cunning and you Don’t know more than Bloomberg ! Dork
YES
Kibo Energy PLC (AIM: KIBO; AltX: KBO), the renewable energy focused development company, announces the appointment of Mr. Cobus van der Merwe as Group Chief Financial Officer with effect from the 1st June 2022.
Cobus has over 10 years' experience in managerial and executive roles in the investment management and the energy, utilities and resources sectors. Most recently, Cobus held a Senior Management position at PricewaterhouseCoopers, servicing clients based in the United Kingdom, Ireland and Africa. Prior to this, he was Partner and Chair of the Investment Committee at PSG Wealth, where he managed bespoke investment portfolios for high net-worth individuals. It was during this time that he gained extensive experience in capital raising and facilitating deal making. Cobus is a registered Chartered Accountant (South Africa).
Furthermore, the Company confirms that the current Group CFO, Mr. Pieter Krügel, has now been appointed as Chief Executive Officer of Mast Energy Developments ('MED'), from 1st of June 2022.
Louis Coetzee, CEO of Kibo Energy, comments: "On behalf of the Company, we are delighted to welcome Cobus to the team. His strong background in investment management for the energy and resource industries will play an integral role in delivering the Group's growth strategy.
I would also like to thank Pieter for his significant contribution to the Group as CFO over the last 4 years and look forward to continue working with him as part of the Kibo group in his new capacity as CEO of MED."
**ENDS**
For further information please visit www.kibo.energy or contact:
Louis Coetzee
info@kibo.energy
Kibo Energy PLC
Chief Executive Officer
Andreas Lianos
+357 99 53 1107
River Group
JSE Corporate and Designated Adviser
So you so cunning you know more than Bloomberg then…..I honestly doubt it.
https://www.bloomberg.com/profile/person/18897306?leadSource=uverify%20wall
Late doors today
Showing as a sell typically
Will be a new team at this rate with Christian retiring as well next year
wrong, Andreas was the corporate advisor not CFO
BricksSA
It not about the money it's about "the journey".