RE: 0.2p to 2p7 Feb 2021 14:06
111Baker, first of all you have to sort out the wheat from the chaff when referring to long term posters as opposed to long term holders, or significant holders for that matter. Fact is none of that really matters as you don't know who is hiding behind these avatars or their agendas. I for one, only trust those whom I know personally and they have all met with the CEO and other board directors , including Darrel of MED over the years.
You get to know who the "disruptors" are, and there will be a multitude of reasons why they are so, I'd take a wild guess that most fell for the vision that Louis had for the company in the hope of making a quick buck and now feel aggrieved that they either lost money or have a significant paper loss and they use these boards in an attempt to gain some sort of retribution .
It's all about risk aversion, some have it some don't. AIM is not for the feint hearted, most companies fail and you lose money. I entered Kibo nearly 8 years ago, not for Coal, but Lithium, nothing else, Boy how it's morphed over the years !! do i blame Louis for me investing at 8p and watching the share price dwindle down to 0.2p, no I don't , do I blame myself for investing 1/2 million in Kibo and KAT, yes I do. Am I concerned.... No i'm not. I've been fortunate to have been able to keep averaging down over the years to a position where my expectations are not that far away now.
MED will happen and Louis will partially redeem himself, although I don't see why he has to redeem himself as he's guided the business through some very difficult periods, where others would have fallen by the wayside... the stars may finally be aligning .Add to that Blyvoor, Hanetti etc, they will be huge, and don't rule out 1 Botswana, 2 Mbeya, 3 Mozambique , I put them in that order as that's how i see their chance of success , Coal and the greener technology arising from it means it's got a long future ahead of it and Kibo is well positioned to capitalise on it. It's almost like Kibo has gone round the M25 rather than using the A1.
Obviously DYOR, but I wish I'd invested the capital I have in Kibo today and not in 2014, but if it hadn't been for the Wimbo's Yakis, BCL, Aerials to name but a few, oh not forgetting Mr Grim, that shared Louis's vision all those years ago and kept plowing their hard earned wonga into Kibo, the present day investors wouldn't have a kibo to invest in.
And on that note, I think I deserve at least 1p, but i see a potential for 2,3,4p maybe more, just depends how big my balls are .
Anyway good luck.