Member Info for bcl42

MM’s were sleeping there. You bought 430k at 2.30 and then 5 mins later 236k at 2.09. Well done.

It is encouraging though that the prospect of the meeting and (perhaps unlikely) prospect of some news has sparked a lot of interest both in terms of trades and discussion.

Gazza that could explain a lot

I hope everyone has at least taken the opportunity to send questions. One of mine is whether the timelines contained in the broker note were and still are deemed to be accurate by the company (obviously MCPP SML is already late). If so we could, as JD says, still have a bumper 2019 (mind you 6p would be 'bumper' form our current position)

He cannot say anything new of any significance at the meeting which has not been included in a RNS. The meeting will allow him to convey his (general) optimism, his state of mind (relaxed , stressed, confident, angry etc.) and to clear up any misunderstandings shareholders may have regarding prior RNS information. All of this could be useful/helpful but is unlikely to change much.

I do worry that it is the kicking option as that will not help anyone.

LC is absolutely right to hold a shareholders meeting but I have no idea what he might be intending to say. I presumed (so far wrongly) that we would have some significant development on at least one of our projects prior to the meeting. If that is not to be the case then LC will presumably point out that we have 4 projects and they are all going swimmingly according to plan??

Has Flybe gone bust then?

So putting aside funding for the capex what sort of indicative early revenue stream might we expect from MED?

That the initiate PPA bit was not new but it still sums up KIBO. Great at initiating and awful at closing out anything.

Is my post. This is getting ridiculous.

I know it’s much larger but the following shows that it will take 15-25 years from start to finish. Even if you say a third of the size a third of the time then Steiglers = 5-8 years. ‘The Grand Ethiopian Renaissance Dam (GERD or Taehige; Amharic: ??? ?????? ??? ??? Talaqu ye-Ityoppya Hidase Gidib), formerly known as the Millennium Dam and sometimes referred to as Hidase Dam, is a gravity dam on the Blue Nile River in Ethiopia that has beeun under construction since 2011. It is in the Benishangul-Gumuz Region of Ethiopia, about 15 km (9 mi) east of the border with Sudan.[3] At 6.45 gigawatts, the dam will be the largest hydroelectric power plant in Africa when completed, as well as the 7th largest in the world.[4][5][6] As of August 2017, the work stood at 60% completion.[7] Once completed, the reservoir will take from 5 to 15 years to fill with water.’

It is indeed an interesting read but to be honest I am fed up and sick to teeth with general interesting reads. I would like to read something interesting from KIBO for a change. Something like ‘we are pleased to announce receipt of the SML’ or ‘the government have clarified that KIBO’s tender is the preferred option’ or ‘we have been offered 15p
a share for a 25% stake in the company’. ..... Anything but the general Tanzania needs power and the government are a bunch of nutters stuff which is all we get.

Is now being used as a negative verb on the BBC news. ‘He said that reports over the weekend of the possibility of a bi-lateral agreement with the Irish Republic or a rewriting of the Good Friday Agreement had been "kiboshed" by both governments.

Even ADVFN has gone silent.

I think LC is trying to hire a phone box for the investors meeting. That's what is taking so long. No point in splashing cash on anything bigger as by the end of the month that should just about do the job.

on £10k of trades

Yep - all of the small gains of the last month gone in last 2 days. Back to square 1 at 2p. Great

Except you could add that 2 of our 3 $/£750 projects have been sold for nothing and replaced with 3 new projects (all of which will be done and dusted by the end of this year - yeah sure) and our flagship project is no longer our flagship project. On that basis we could find ourselves in a year from now with 3 different projects (having given the other 3 to Katoro for £200k) and still plugging away on Tanz.

Unfortunately Aerial that just about sums it up