Member Info for bcl42

just don't go together. They are invariably missed or the whole project changes direction. We are just as likely to be told this week that Moz is a no-go as we are that the PPA has been signed. It can always go either way.

Living a full and happy life thank you Woodster. How about you?

Because they probably had no choice in order to get the latest placing away. It still stinks though.

No-one who knows LC is expecting any news. Holders are hoping for news on Moz PPA any day but please don't hold your breath as a further delay is always the most likely news.

Its funny how the new set of holders don't consider their positivity to be ramping but when this was at 5p or 6p and LTHs were looking forward to 15p that was blatant ramping. The hypocrisy is astounding. Anyone buying now or at any other time, by definition should be expecting or hoping for a multibagger as that's the whole point. The fact that we are now 95% down from those heady days is just a result of LC's abysmal leadership and judgement. But if you give enough monkeys enough typewriters.........

I have been nothing but honest about this share from day 1 saying it as I see it. I gave LC stick at the last investors meeting nearly 2 years ago (were you there?) and had been voicing concerns way before that and have always challenged any blatant ramping. Check your facts before you start throwing mud around. Oh and rejoicing in other people’s misfortunes is about as low as it gets.

That just goes to show you how much of a liability LC and the BOD are for KIBO. They have managed to destroy shareholder value to a negative figure. Well done LC. Nice job.

It’s a 4 million sell

You can now sell 3.8m at 0.18p.!! Yippee we are all rich.

correction Q1 and end of Q1 2020

Note the original timescale for MED (latter part of 2019). It was then changed to Q1 2019, then end of Q1 2019 and then by end of 2020 and then 'much sooner' than end of 2020, but never according to any statement I have seen as the latest RNS says 'Originally, scheduled for commissioning by the end of Q2 2020'. The BOD are completely clueless IMO.

We get these messages a couple of times a year, every year.

from February and I don't believe COVID is the cause of a disappointing year-to-date full of nothing other than huge dilution
'I believe that 2020 is going to be an exciting year for Kibo as we look to deliver on the energy needs of the present without compromising future generations'

From almost 2 year ago...
'Later in 2018, we acquired a 60% interest in MAST Energy Developments Limited ("MED), a private UK registered company targeting the development and operation of flexible power plants to service the Reserve Power generation market. The strategy behind this acquisition was to generate near-term revenues for the Company. Towards the end of 2018, we moved one step closer to achieving this, as MED secured an exclusive option to acquire three peaking power sites totalling 31.3MW, which have the potential to lead to revenue generation for Kibo in the latter part of 2019.
In summary, we believe that Kibo is in every respect, i.e. corporately, financially, operationally, very well positioned for growth, as we advance our strategy focused on the provision of energy in key under-serviced markets. Whilst we were disappointed that the MCPP did not progress as planned in 2018, we are also grateful to have been able to report very positive news during the year regarding the advancement of our equally important Mabesekwa and Benga energy projects in Botswana and Mozambique as well as our first foray into the UK energy sector. It is disappointing that the substantial milestones we have reached during 2018 have not been reflected in our share price, but we are confident that this should be corrected by the market over time'.

Thanks Potter (p.s. KAT is up a whole 2%)

Potter thanks for your concern but I am quite happy to continue posting honest and realistic thoughts for consideration by other readers who don't want to just read ramping unsupported and ill informed posts from new investors who have no experience of KIBO or its past actions. Please feel free to ignore my posts or to filter me.

More profit here means a smaller loss

For the first Moz PPA. I don’t know why, given the delays already, it has to happen on the last day of the timeframe (by end of 3rd quarter) but I will take it on Wednesday next week. Does anyone want to take my bet that it doesn’t happen next week even though it was confirmed yesterday?

I suspect news of the PPA will come via telegram.

Nothing new though Aerial with the possible exception of a bit more news on the way the CTP plants will also incorporate renewables and therefore have accepted inbuilt obsolescence. Oh and Moz PPA definitely due in the next week.