Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

IN BRIEF: Kibo Energy loss widens in 2021 on impairment costs

Mon, 27th Jun 2022 17:06

Kibo Energy PLC - group with energy projects in Africa and UK - Reports revenue of GBP3,245 in 2021, versus none in 2020. Loss after tax widens to GBP23.0 million from GBP6.4 million. Bottom line hit by GBP20.7 million impairment of non-current assets.

Current stock price in London: 0.11 pence

12-month change: down 57%

Current stock price in Johannesburg: ZAR0.06

12-month change: down 45%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

Related Shares

More News
20 Jun 2024 13:13

Kibo Energy chair & CEO to exit amid board shuffle and fundraise

(Alliance News) - Kibo Energy PLC on Thursday said Interim Chair & Chief Executive Officer Louis Coetzee will step down and two new members will join ...

13 Jun 2024 10:39

AIM WINNERS & LOSERS: Kibo Energy up as subsidiary advances project

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

13 Jun 2024 08:21

IN BRIEF: Mast Energy says Pyebridge plant overhaul progressing well

Mast Energy Developments PLC - developer of reserve power generation plants - Expects the first generator set at its 9-megawatt Pyebridge flexible pow...

12 Jun 2024 16:04

Kibo Energy changes tune on "extensive" corporate restructuring

(Alliance News) - Kibo Energy PLC on Wednesday walked back the corporate restructuring plan, including a board overhaul and capital raise, it unveiled...

7 Jun 2024 20:12

IN BRIEF: Kibo Energy's joint broker Shard Capital Partners resigns

Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Says Shard Capital Partners LLP resigns as joint broker Friday...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.