Member Info for bcl42

That double post is LSE playing up (for a change) not me.

In which case I fully understand your optimism. Those with higher averages have good reason to be less so.

In which case I fully understand your optimism. Those with higher averages have good reason to be less so.

How is your average looking Geoff?

Let’s hope that 2020 at least eases some of the substantial losses on which many are sitting. I suppose next Monday is the real start of the business year from when we can start expecting LC to deliver his PPAs.

But the big question is, which year?

And there we have the problem with KIBO. It doesn’t definitely do anything apart from issue more shares and warrants and pay LC’s ridiculous salary for a company worth £4m. Everything else is might, possibly, perhaps, hope, plan, tipping point, stars are aligning, in principle, non-binding stuff. It has worn so thin with LTHs and the market generally.

‘ 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’ - ready when you are LC or is that yet another timeline which is a complete load of tosh?

Ultimately the news contained in today’s RNS might be pertinent but in the short term, which is far more crucial to KIBO, it is just more superficial piffle. The market is now, and has for some time, showing no interest whatsoever in the endless news articles and non-binding agreements with potential suppliers and other 3rd parties. We need some binding agreements on PPAs and then funding. Everything else is just superfluous and the market has reacted to every RNS in the past 8 months by continuing to drop the SP. Today’s RNS suggests that either LC doesn’t get it at all or that somehow he is still working to a very long timescale before he expects to deliver anything. The only way the latter can happen is if the company becomes able to completely (not partially) support itself with cash flows from MED and that is not my understanding.

and following my embarrassing misread I too will wish you all the best for Xmas and 2020. It has to better here than 2019, doesn't it?

You are correct Short -I will get my coat. A classic case of skimming and misunderstanding in between meetings. Apologies.

I can’t argue with any of that JD. I, like everyone else here, have no clue as to where and when any of our projects (other than MED) are going. The PR is a complete mess with no consistent message and now we are being told that Mozambique is at the bottom of our priorities and those of the Moz govt. Even if that is a misinterpretation it’s an easy one to make and therefore the message/PR is really poor. Anyone with half a brain would know that.

Not a happy or optimistic place here today but I fully understand why that might be. I agree that the ranking table is a not a particularly positive piece of information.

Let’s hope you are wrong Boffer but it wouldn’t be the first time if it happens.

No worries Aerial. Agreed. A £200m-£300m market cap with 2 billion shares has to be more than a possibility. I think £1 is unlikely but 10p-25p very likely so at least a 25 bagger from our current ‘not a going concern’ position.

I think a lot don’t actually believe that it’s going to be big but are hoping it’s somewhere better than 0.35p

Is it something I said Aerial? I am not trying to cause offence and the main gist of my post is the bit after the ‘contrary to expectations’. Have a good day.

Contrary to what people might think I believe.

Probably contrary to expectations I think there is still a massive amount of potential here. I also think that LC is desperate to tell us exactly how much potential but cannot be anywhere as specific as he wants to be due to Nomad restrictions. MED will provide a contribution to working capital and we then need to see some serious movement on one of the African projects. If that happens we could start to motor. 2020 really has to be KIBO’s year and it actually could be. Good luck to all.

The good news is that we can only drop 0.05p 7/8 more times and we will literally be worthless. I wonder if Louis still thinks he is adding shareholder value. Almost certainly I would say.