Member Info for bcl42

And probably all time low today but I am sure we will beat that by Friday. How long does LC actually think we have before this goes 100% belly up? Are we really going to be a going concern for long enough to see anything of note actually happen on Moz and Bots? We would (but can’t) need to issue around 100m shares just to keep the Directors paid for the next 9 months.

Maybe we were meant to go bust before the end of the first quarter but we are looking at mid-March now? But LC is still the man for the job.

But the good news is that we are ahead of schedule. For what, liquidation?

Nah all is good. The SP at 0.5p is an irrelevance to LC as the SP has always been of no interest. The fact that we are now well below the nominal share value is also apparently of no consequence too. Bots was apparently worth issuing £8-££9m of shares but with the current board, that along with Moz and MED (and the ex MCPP) are heading for £3 for the lot. An absolute effing disaster.

Unfortunately Jax you are correct. It’s the credibility issue. We have had so much drivel from a LC that the sensible thing to do is to assume that the ‘making progress’ and ‘ahead of schedule’ etc stuff is just hot air. Where is the Bots SML? Where is funding coming from?

The GoT are a bunch of nutters who have now rightly or wrongly been accused of massive corruption. I hope our association with them ends ASAP. If the tender was accepted we would spend more money and then probably have it retracted or find that we are being charged some extortionate fees for no obvious reason. We are better out of it.

I hope the only Tanzanian surprise is a sale of the MCPP. Anything else would be a disaster.

I think there is general acceptance that LC has no special relationship with the GoT and never had one. That USP is no longer valid. The question is now whether there are other ones and can the board be trusted?

LC talked about the MCPP in the video as if it has other options. I hope he is bigging it up so it has a value to the Chinese because surely he’s not going to throw any more cash at it. It’s a dead dog now.

Is that LC had/has absolutely no more idea about Tanzania than anyone else. That is the biggest problem I have with this by far. If I had thought that he really had no special relationship I am pretty sure I would never have invested here. My posting history will bear this out. I am sure that is true of a lot of other investors too. We have without doubt been sold something which, as clearly born out by events, does not exist.

It’s a case of bust or perhaps 3-5p by Xmas if LC can find some funding (any) imho. I don’t think it can last as as an AIM lifestyle business for much longer.

Yet another crappy week in the ‘life’ of KIBO. There is no reason why next week will be any different. Have a great weekend all.

Really JD that’s it? He is way past his sell by date with KIBO now. Coming back for another beating is just thick skinned or plain stupid rather than an admirable quality. He is beaten. Look at our SP. We will be have a market cap of less than a couple of million in the next few weeks if that was it today.

Why can some not see that LC is a liability? He opens his mouth and nothing comes out which is either interesting or believable. What was the point of the interview? It was worse than the ridiculous tweets which made KIBO look like a teenager using social media.

It’s one thing making yourself available for interview it’s another having something new or inspiring to say. He looked demoralised and fed up. Therefore a bit like his shareholders. He may as well just issue that same interview on a weekly basis for the next 1-2 years as it was the same as last Friday. The only saving grace was that we didn’t have the 3 reasons to invest question and answer. Looks like we are still going to throw more time and money at Tanzania- great.

Heindoors certainly would.

There was a potential ‘carry on’ moment with the abbreviation.

Cue SYM

1 or 2 things wrong but not everything.

JD to be fair it’s not just the MCPP. We have been fed minimal information (usually in poorly worded RNSs’). Been offered ridiculous views on the gold and Haneti projects ($750m). Seen massive strategy swings. Never hit a single timeline. Told stories about other interested parties. Been given awards and not known why. Seen no Director share buys. Been strung along with the whole raft of soon and imminent words. Without some serious and soon very specific positive news we are likely to see 0.43p. At what point is LC a failure. Acacia has made some serious dosh. Had LC created any value at all - no he hasn’t.