RE: Edl x power5 Jun 2020 14:02
Gwynwin
Kibo is a multi-asset, Africa focused, energy company positioned to address the acute power deficit, and to-date have only produced words, whereas Edenville diversified and have the working Coal Mine.
Edenville over many years went through all the processes finding 173mt of proven coal. They got awarded their Full Mining Licence live on Tanzanian TV, and have had site visits from the Tanzanian Officials etc etc,.... yet Kibo appear to be more highly thought of by the Tanzanian Government? Possibly a better line of communications with the South African CEO LC?..
Kibo's Benga Independent Power Project ('BIPP') in Mozambique, the Mabesekwa Coal Independent Power Project ('MCIPP') in Botswana and MAST Energy Developments Limited in the UK are all relatively new projects since (without looking back) the Mbeya (their Flagship) CPP)) as was then))) was annulled. In any case, they are much newer purported shovel ready projects..
All imo pdyor