Member Info for aerial

A random Tweet:
#KIBO should continue to rise, with hopefully a lot of new buyers being the subscribers to the MAST IPO who will realise #KIBO’s share in MAST alone is over 50% more than the market cap of #KIBO, and on top of that to add their 25.52% share of #KAT and 7 other projects

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bE
Patience patience and more patience :)

Looking like some interesting months ahead as some AIM’s progress, and hopefully a news rich period for the long suffering!

Firststopthemoon

I don’t understand what you mean about not helping lth’s? Does anybody actually believe that anything said on this board has any affect on the Kibo SP or LTH’s??

In answer to your question, what I can tell you from experience is that no one here has any idea of what LC is likely to do next, and imo there is no point in worrying about something that you have no control over.

As you rightly said in one of your posts, words to the effect that everybody has an opinion!

Just an observation: In my experience of trading over four decades I have learnt that not everybody (highlighted more since chat boards) is the same, consequently your concern about LTH’s, many across these boards who I know personally, (and I don’t say this to be demeaning), but few, if any LTH’s here live in council houses or work on the dust. Most that I know are doing very well

Not long to wait until we have some answers to the MAST conjecture. Unfortunately there is no way of knowing where the Kibo SP might be in a few years, but in the shorter term I think most of the invested would agree that it will be considerably higher than it is currently. Once Kibo get a Project over the line it is imo likely that sentiment will change again, especially with the other Projects closing.

Never forgetting the MCPP, eight Power Pools and the $455m transcontinental Interconnector with coal fired mine-mouth substations, one in particular documented substation will be built at Mbeya.

aimho bwtfdik pdyor

I know in absolute detail drip by drip why it’s dropped, as I’ve been here party to every breath for the last nine years. You can factor in what you want, I’m only interested in a rising Bid and as for balance you can put it where the sun don’t shine! Now is a good time for the proactive locked-in lth’s to have a nice BIG ramp imho !! :))

pi
You could be right, but substantial results don’t come alone too many times in a trading life ime

Some of their holdings will take time to get out of unless they’re able to sell into a rise, and for many I think it’s going to be difficult to hold. Do you get out early with £500k or hold to £1m? What a quandary to have :) My target is a couple of clicks above yours, which if achieved will double my capital investment, and will I be able to hold past that after being locked in for nine years??. ...

bE
I thought you held Kibo, but couldn’t remember as too many people in too many stocks! I think JohnZ is in nearly every AIM that I am lol, although possibly not Boil or Cap-xx as they are more recent.

I really don’t like IPO’s, (and will have a look at Twitter) and the MAST one with Kibo’s track records could be a route to another lock-in, only time will tell. I need a little over 1/3 to break even at Kibo which looking at the last two spikes could be achieved in a few hour with the right news, and it will hopefully get dragged up with MASTs listing.

There are quite a few proactive lth’s at Kibo with very large holdings that will make seven figures @ around 2p which is very nice considering their averages where in the 7p’s a couple of years ago.

Obviously dependant on your position, but look good everything considered don’t you think?

pi
That’s the current bid, and it hit .43 yesterday

pi
You must be up at Kibo?

Bid up 192% since the year low in August 2020, not to be sniffed at imho

The rise is clearly happening, how high will it go (or how low for balance) is the $64,000 question!

It’s nice to be in profit there, hopefully it will hold and rise. Beds & ISA’s are your dilemma not mine I’m pleased to say. I think it was pi that got me into cap-xx?.. Sadly LSAI the best performing share of 2019 is now the biggest dog, but as long as the portfolio stays healthy!

I think a few might get spiked on the MAST IPO, but Kibo could/should do very well out of it. I won’t be buying MAST as my personal feeling is it will spike and crash, but you never know as people have been waiting a long time for Kibo to bring something/anything over the line. If the IPO goes well it could be a news rich period for Kibo and Katro etc etc. We live in hope!

T
Nicely up at Barron overall circa +11% and was better off at Kibo by many thousands of pounds yesterday, but sadly that entirely re-traced by close.. Hoping they’ll breakaway in the coming days prior to 14th April’s IPO. Didn’t you buy into Kibo? I think JohnZ and pi did, but lost track as I know you JonhZ and pi between us (and possibly others) are in EDL Kibo Boil Cap-xx and LSAI. ...

The information on the Transmission Interconnector and the Sumbawanga Substation is overwhelming.

The World Bank Document it as do the Tanzania/Gov Tanesco and African Energy, and the list goes on. Kibo have been invited to add to the Pool, Edenville say:

“The AFR RI-3A Tanzania - Zambia Transmission Interconnector project, which is being part financed by the World Bank, is continuing to move forward and could have positive implications for Edenville's planned coal to power business model. The financing agreement for credit is now in place and the procurement plan is continuing to progress. As previously stated, the Company's long term plan is to provide electricity to this transmission grid once it is completed and we are continuing to work towards this goal. Currently completion is stated as being in 2024”

The World Bank say:
“The development objective of the Transmission Interconnector Project for Tanzania is to (i) increase power transmission capacity to southern regions of Tanzania and (ii) strengthen institutional capacity in Tanzania and of the Eastern Africa Power Pool for regional power trade. This project has four component. First component, transmission infrastructure extension includes construction of approximately 620 km of 400 kV double circuit transmission lines, starting in Iringa through Kisada and Mbeya to Tunduma and continuing from Tunduma to Sumbawanga to link the Tanzanian North-West Grid to the interconnector with Zambia. This component cover the electrical and civil works, switchgear, control-protection-communication, supervisory control and data acquisition (SCADA), and auxiliary system equipment along the entire transmission route and in all substations, including required spares for transmission lines and substations. Second component, Tanzania Electric Supply Company Limited (TANESCO) transmission system readiness for interconnection and corporate commercial management improvements includes (i) a technical assessment of TANESCO’s transmission system to identify the operational, planning, and technical gaps in meeting the requirements for operational integration in the Southern African Power Pool (SAPP) and the Eastern Africa Power Pool (EAPP) to comply with the requirements for power system stability, operational ancillary enabling services, frequency synchronization, tie-line control, protection, metering, and other technical standards, and (ii) procurement and installation of necessary additional equipment and reinforcements of the generation/transmission system infrastructure to ensure that the Tanzanian grid meets all operating requirements of the interconnected networks, can synchronize with the EAPP and SAPP systems, and can engage reliably and efficiently”

African Energy Wrote on 27 Feb 2020
“A general procurement notice has been issued for the $595m Tanzania-Zambia transmission interconnection project. Work includes construction of the 620km 400kV Iringa-Kisada-Mbeya-Tunduma double-circuit transmission line and 400kV Tunduma-Sumbawanga single-circuit line, as well as a 4km 400kV double-circuit line from Tunduma to the Zambian border, which will be energised at 330kV. The Iringa substation will be upgraded from 220kV to 400kV and 400/220/33kV substations will be built at Kisada, Mbeya, Tunduma. ...

sandals
If the Interconnector terminates at Sumbawanga as reported and a Mine-mouth Power Station is built, there is only one coal mine at this location (to the best of my knowledge). ...

When they could have got 0.43 earlier. ... :)

Teaye72
Just come in, what a nice surprise! :)
The earlier Kibo gains retraced, but its waiting to pop!