Member Info for bcl42

Do we think LC will tell us about MED being delayed or just let the end of the quarter come and go as if nothing was ever due to happen? I am going for the latter. I am, perhaps naively, assuming that the Bordersley site is not on a floodplain? The other possibility is that Bordersley is not happening but we are going to build a much bigger one somewhere else in a year’s time and have raised the cash through Sanderson at 0.2p following a share consolidation. The delay bit is worth a bet.

Let’s be very clear about 2 things here. 1. There will be plenty more dilution partly because 2. The timescale of 12-18 months will undoubtedly turn out to be nowhere near reality. In 12-18 months time LC will probably say it was never 12-18 months and it’s now another 2 years. You may as well get used to it. It’s an inevitability with LC.

6 months.

So a tweet on KIBO Energy yesterday includes ‘ 9 revenue streams planned to progressively come online in 6-48 months’. So no MED for at least 5 months? Or just more comms incompetence?

The big question I have JD is what are they all actually doing each and every day? Something like the auditors change is a ten minute job. They cannot be discussing PPAs every day. We have a Financial Controller doing overtime. On what? The accounts are not much than my own company and they take me a day. There can be nothing other than a few salaries and a couple of supplier invoices a month. What are these people actually doing? That includes Louis who cannot be negotiating every day. I think he is a master at being busy doing nothing.

That will be the March RNS then.

Yep another £200k plus for them on a loan of £300k. I think Louis spends all of his time trying to work out ways for Sandersons to make money out of KIBO and KAT

‘The Company has, however, stated at several occasions in recent time that it is looking at finalising more than one PPA by the end of 2019’. - says a lot about LC. He has absolutely no idea how or when anything is happening.

Me too Jax. Until we see a sustained 100%+ rise the odd +\- 5% is an irrelevance.

JD - LC is the person that told us for 3-4 years at every opportunity that we had 3 flagship projects in Africa. When they all crumbled he unabashedly told us that KIBO was always going to be an energy company. MED, Bots and Moz were quickly acquired to fill a void. That gives you an idea of his ‘strategy’.

Could be. Anything to deflect attention away tom the existing African projects which appear to all have ground to a halt.

Sonic you are a complete nutcase and a nasty piece of work. There is no chance of me following you anywhere. The ridiculous forecasting on KAT is current, you are still at it. The stock market may well not be for me but it has taught me a lot about how low some people will go. Read your own ramping self interest posts and you might just realise what a plonker you really are.

If it was 4.66p it would be worth celebrating. 3m shares cost were worth £150,000 18 months ago.

Like KAT you mean. Yawn yawn. Sonic why don’t you just go away then and carry on with your stupid valuations at KAT just like your £2.26 here. You are a blatant ramper and utterly clueless. KAT is your latest share which will 30+ bag according to your ridiculous no further dilution numbers which suddenly halved when it was pointed out to you.

Take a look at the last set of accounts. Our admin expenses for a £5m business are horrendous.

The one thing we know about LC is that he loves a placing and appears to spend more time on them than anything else. Sanderson must be due another chance to fill their coffers.

How about LOUSI CEO TEEZ?

That appears to be the only news we ever get on KIBO, apart form the usual 'all progressing well' which has worn way past thin.

There just cannot be nothing to report after such a long period with zero activity on KIBO. LC continues to demonstrate that he is incapable of delivering anything on the Africa projects (which is why most are invested here).

Bizarre doesn’t do it justice. Maybe KAT has better long term employment prospects for him than KIBO.