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Oh and probably another smash and grab attempt by the BOD.

So we can sell our shares for the heady sum of 0.2p. Non-delivery on the PPA will see 0.1p. Of that we can be absolutely sure.

'A few more weeks' for most people would be about now but I am assuming it takes us to the end of next week for KIBO. After that we are back to the usual further delay or the project gets canned. Either is always possible with LC as his business acumen is non existent.

So we now have to work out the meaning of a KIBO ‘few weeks’. I am prepared to stretch it to the end of October which is another 2 working weeks. Funny thing is that I know that won’t be long enough and the date will change to first quarter next year. It always does and that is what is killing the SP.

Perfect competition for LC then because he isn’t much of a CEO either.

But I don’t think delivery of either or both makes LC a good CEO.

There is definitely a chance. Hopefully more than a chance of both. Even LC can’t come back to shareholders without the Baobab PPA in the next week or 2 and KAT too. Given both I think any new investor will at least double their money here.

Apart from actual liquidation you couldn’t do worse than turn £40m and multiple projects into a company worth £5m and slash the share price by 95%. The defence is always that he could turn it around. After 8 years and so much failure surely he’s been given more than enough of a chance. How much longer? 6 more months and another billion shares, a year and 2 billion more shares? Every further month of delay now equals more massive dilution. That’s just a fact.

LC is definitely seen my many as a negative for KIBO so his replacement with absolutely anyone else (e.g. Jimmy Krankie) would be seen as a positive.

It may well be to replace Louis. I hope so as I genuinely think he is useless. However I would not be surprised if the move were orchestrated by LC to leave himself as CEO of the only companies that end up with any income. Whatever happens he will be the winner. At least KAT and MED will have to burden £300k of remuneration then.

Well said SirG. The arrogance of some posters in trying to educate those that have been here for a very long time is irritating.

A good day with KIBO is a 16% drop which recovers to a mere 9% drop. I think that speaks volumes.
Gillie to your point. Anyone with a bit of common sense would indeed have waited for the Baobab PPA to drop which has to be any day given the 30th September delay for a 'few weeks' and then hold a presentation given with huge excitement and energy to show that we are actually moving on up. LC did the complete reverse. He is absolutely clueless.

Yeah sure it was.

Which Christmas SirG? LC has already dropped yesterday that MED is going to be 2021. Every timeline 'comes and goes' as LC said yesterday.

Banana, I quoted Yaki’s comments on the presentation and did not attempt to summarise his complete post which also referenced today’s RNS. My comments on the presentation are genuine irrespective of how they might be interpreted. They could be useful for anyone who did not attend or can be completely disregarded if preferred.

I think a quote from yaki (a substantial shareholder) on the other side sums it up perfectly: ‘ Overall - dull, not polished at all - was obvious LC didn't prepare at all - hopefully because he was super busy with his day job.I am still confused why the webinar was put together if no real effort was made’

I would genuinely welcome the positive spin on the webinar. Obviously those that couldn’t be bothered to attend have nothing to add.

My question on Moz PPA and MCPP project funding were both sidestepped by pretending not to understand them. The question regarding no progress or mention of Bots (my question again) was answered as something along the lines of ‘we are waiting on others before we can progress but it’s all progressing well’ - work that one out as I can’t. We had a couple of questions which he said he was not allowed to answer. All in all nothing of interest apart from the further delay to MED.

In summary - the same presentation which has been given at numerous times over the past years. A complete waste of everyone's time.

Also avoided my question on PPAs for Moz given that the presentation states 'Definitive Feasibility Study update being considered to accommodate one centrally located power plant with base capacity of 350 MW and provision for expansion to 400 MW' Is the DFS a moving feast which has no impact on the PPAs?