Member Info for bcl42

SYM - I suggest you read my earlier reply it’s pretty clear. Why do we still have posters who think using the word ‘moan’ is some sort of defence to valid criticism? It’s time for LC to go. That’s not a moan it’s a call to the company and other shareholders to wake up and smell the coffee and stop seeing LC as some messiah regardless of his lack of ability to achieve anything of substance. The company is currently going down the pan. Wakey wakey.

They should have been working on it since the MCPP embarrassment.

That’s the job of the chairman and the board who know Africa and African mining/energy industry inside out. Allegedly.

Stupid reply. Thats not our job otherwise we would all start up our own useless energy companies.

The most positive sign the market could get now is LC’s removal. He hasn’t got what it takes, particularly when it comes to Africa. He continues to hang on by his fingertips, delivering nothing. Come on LC do the decent thing it's way overdue .

Yep. Everyone that sold at 5p, 4p, 3p, 2p and 1p were just silly even if they all bought back in at a fraction of what they sold at. The only silly ones here are people like me who have held all the way down.

With no news a new low on the SP is looking highly likely next week. Totally depressing for anyone already too far in here to add further. LC needs to pull his finger out sooner rather than later.

I am expecting a consolidation followed by placing at sub 1p as we are about to run out of cash. Either that and/ or continue to give Sandersons a huge chunk of the company for a small amount of cash.

I only need 460%!!

With MCPP progressing I had a target of 35p. I agree with you Aerial too many years invested here now. I have a new aim of getting out with as small a loss as possible and that is not 83% as present.

I bought into this share because of LC’s alleged Africa experience and connections. If it were a reserve power business I would have had zero interest. To-date LC has not delivered a single thing in Africa in my 5+ years of holding. For our fortunes to turn around this has to change, and very quickly. That’s not me having a problem with LC as a person, that’s me having a problem with his delivery as a CEO regardless of how hard he is working because for £250k a year I take that as a given or how tough it is to get power projects up and running, because he keeps telling us that he can. In our lifetimes would be good though.

It needs to change before either we or the company are all dead.

Looks like we score zero out of two then.

It appears that we can confidently say that the developments with MED, at least at present, are seen by the market as adding zero value. In fact as MED has progressed in recent days the SP has reverted back to 1p. A positive small cash flow from Q1 (the market, like me, will assume is more likely to be Q2 or Q3 given KIBO’s history) is currently of no consequence. We need movement on the bigger ticket items, including knowing if MCPP really is still alive as we have heard nothing since April.

What I meant Dave is that it doesn’t feel like we are on the cusp of great things. Cash is biggest concern.

Hello Dave. I really really hope you are right. It doesn’t feel great at present though.

Yep. The current news and activity all feels somewhat pathetic against the 80% drop following the MCPP debacle. It feels a bit like sorting the deck chairs on the titanic. We need to know where next cash is coming from, Bots ML and some PPA’s for Moz ASAP.

Still 1 billion but can only be changed by resolution at shareholders meeting and there has not been one (yet).

If something at KIBO was described as afoot it would probably in reality only be about 2 inches.

I think ‘depressing’ in every sense of the word sums it up very nicely here.