Member Info for cunningfox

Ah, Gregor Binkert he's Moz Kibo partner chap that was at the Investor evening isn't he? certainly well connected. I can see him having a significant influence on the BIPP with his background.

Sonic, you're all over the place again!! 0.045, 0.030 and only six months ago, yes six months, you were posting this sort of stuff and suggesting £1.86 previously. I mean seriously. And people fall for this...... Please keep you forecasts and charts to yourself, I don't think you are qualified to offer advice.

Suppose they pay 8p a share. Kibo get a lot more money to progress projects and buy new projects, oh yeah...tender also for new projects ;-) and the share price can advance on that basis.

or maybe Sepco pay 40p a share and arm KIBO with enough cash to really build an empire on their behalf and the SP follows suit

clearly coal still has legs, even in the UK it seems.

https://www.businessgreen.com/bg/news/3072819/it-wasnt-an-easy-decision-cumbria-council-unanimously-approves-new-coal-mine

That is not a lot for the CEO of a public listed company, but i guess it is compared to you, but hey chin up, your wage goes up to £8.21 in April from £7.83. you can buy 10 Kibo shares a week with that increase at Sonics new predictions. PMSL

yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,cock,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,yawn,

Doesn't look like LSE is going to share this one

Update on Benga Power Plant Project

Kibo Energy PLC ("Kibo" or the "Company"), the multi-asset energy company, is pleased to provide an update on the Benga Power Plant Project in Mozambique ('Benga'), further to the RNS published on January 30, 2019.

Highlights

-- Definitive Feasibility Study ('DFS') completed ahead of schedule and final review in progress

-- Coal Purchase Agreements ('CPA') with coal producers in advanced stage and progressing well
-- Meeting with EDM (Mozambique's publicly owned electricity company) - planned for April 2019 to present final DFS and engage in further Power Purchase Agreement ('PPA') negotiations under the terms of existing MOU (See RNS of 12 December 2019)

-- PPA discussions with potential private off-takers in advanced stage and progressing well
-- Assessing integration of renewable technologies at the project
Louis Coetzee, CEO of Kibo, said: "We are encouraged by the rapid progress of the Benga project as well as the quality work performed by the project team and consultants. The fact that we are already discussing commercial power off-take and being able to progressively integrate the outcomes with the technical work of the DFS allows us to align the power station design accurately with off-takers' requirements. Additionally, the integration of renewable technologies is an exciting add-on to the project. We are confident that this, combined with Kibo's focus on clean-burning coal fired power generation, will put the Company on the forefront of development in this regard."

Further Details

The Company is advancing the development of its 65% owned Benga Power Plant Project in Mozambique in Joint Venture with Mozambique energy company Termoeléctrica de Benga S.A.

The strategy for the project is to construct and operate a 150-300 MW coal-fired power station with feedstock provided by regional coal producers. To this end, the Company has completed a DFS, which included an initial Grid Integration Study. This has been reviewed during a clarification meeting with STEAG Energy Services, and final reviews are in process.

Additionally, discussions in relation to CPA's with coal producers are progressing well, with a fully developed term sheet with one producer currently under review. A meeting is planned for early April 2019 with EDM to present the final DFS and further engage on PPA negotiations, building on the existing MoU, which was recently renewed and expanded. Finally, PPA discussions with potential private off-takers are in an advanced stage and progressing well.

Kibo is also investigating the practical integration of renewable energy and associated technologies within the future Benga Power Station. In this regard, the potential use of solar energy combined with energy storage solutions as an integrated solution for power back-up is being investigated.

**ENDS**

DFS completed and final review in progress,

and up pops another cock, hilarious really

A lot of opinions you've had in the last 12 days, amazing how all the experts appear simultaneously to share their infinite wisdom upon us mere mortals.

Are you related to Lurker by any chance? lots of statements made but never prepared to substantiate them. Like I'm more informed than you so you'd better listen to me, but hey, go find out for your self.
What a plank !!

Would buy with a 60% spread, absolute joke, just like the latest deal, I don't know why Louis doesn't just give the entire company away for free and call it a day.

Yeah, sure is a strange one, still can't work out why anyone without a vested interest would waste so much of their time . mmm, perhaps they're up to something sneeky, little devils trying to trick everyone, like little vacuum cleaners.... suck but never fail... as opposed to a swiss naval officer, that f................

I don't want to work it out. I want you to tell me, as you appear to have all the answers.

That doesn't answer your statement, but then again you never do, just more vendetta agenda driven waffle.

You are pretty quick to silence people, so go on then here is you golden opportunity.
Provide one piece of proven documented evidence that you possess to substantiate the statement you have made, that shows Kibo failed the tender process due to their reputation and financial state. You do like throwing defamatory statement around don't you !

"I suspect one reason for MCPP rejection was Kibo's dire financial state and reputation".

Go on then, fire away, I'm waiting ?

There's only one donkey here and sadly that is you

I think we are all in the same boat, nobody knows what is going on. It's just a waiting game now to see what is recoverable out of the MCCP mess, BIPP news should be delivered by end of Q1, who knows ?. Bots, who knows? MAST, who knows?
No point second guessing, just need to remain hopeful that the other projects are still on track and currently there are no reasons to doubt that they are not.

You must be the life and soul of the party, so predictably booooooorrrrriiiiinnnnngggg yawn

Forthded, if that's even a word, onwards and whichever direction

I propose Amber Rudd for the job Wimbo, I'm sure she would have all the attributes necessary for negotiating with the Tanzanians