RE: Confetti27 Apr 2022 13:09
@RTOK No but the £7m will be a drop in the ocean when compared to all the unfunded promises made by LC.
For example on 16 September 2021 without so much as proverbial pot to p!ss in, Kibo proudly announced:
Kibo Energy PLC, the renewable energy focused development company, is pleased to announce that it has signed a Heads of Terms (the "Agreement") with EQTEC plc (AIM: EQT) ("EQTEC"), a world-leading gasification solutions company, to acquire a 54.54% interest in the proposed 25 MWe Billingham waste gasification and power plant (the "Project") at Haverton Hill, Teesside, UK....................... Kibo's initial funding contribution will be £3 million
7 months late NOTHING!
Since 2010 almost nothing has been delivered and the share price has fallen 99.5%.
There have been many false dawns and blue sky promises along the way, so why it is so different this time???
Are you familiar with the story of Walter Mitty??