Member Info for DPR1881

Something is definitely brewing

@scottydog Read the last RNS and read between the lines.

Scottydog, glad I amused you.

The half year results will be out soon. Let's see whose right

With each day that passes we are getting closer to the news that will send this one into orbit!

If you read the RNS you will see Partrick Cullen was recruited as an INTERIM CEO for a reason, i.,e to manage the company through a transition phase not to endless procrastinate over the current projects as in the case of the last holder of the post.

When the news of the transactions referred to in the RNS finally comes and the shares will be valued at a muliple of the current price.

My guess given the market cap of this company is that the acquisition referred to will be an RTO under aim rules and therefore the shares will be suspended, when the RTO completes and the suspension is lifted we could be at 5x - 6x INMHO.

Charlie Munger once said "The Big Money Is Not In The Buying And The Selling But In The Waiting" hopefully not too much longer to wait now!

Well Coetzee has gone, but how long before the market wakes up to what is happening here?

Well Hawk-i you seem to be a very perseptive person ! Time will tell sooner rather than later I suspect

The AGM RNS will appear on Friday afternoon, no doubt thanking Louis Coetzee for his loyalty and advising shareholders all resolutions were passed. THE MILLION DOLLAR QUESTION IS WHAT NEWS WILL COME WITH THAT???

When Louis Coetzee finally departs Kibo Energy Plc, he will leave in abject failure the vultures with the vultures taking control each smiling while trying to stitch up the other. This is not true of Katoro, ok he leaves behind a company with losses of £10m, however Katoto is almost debt free, has £750k in the bank with an absolute jewel in the crown in the shape of Haneti. This one will fly when the news comes this week.

Could we see 0.2p - 0.25p next week??

The AGM is next week I am confident we will get a much more extensive update that the bland rubbish Louis Coetzee put out

Yes SGB indeed but I fear it's too late for Kibo shareholders as it's effectively a Riverfort subsidiary, it's true what they say about swimming with sharks! What a pity Sanderson wouldn't support the shareholder group after the meetings two years ago! It could have turned out differently for everyone including Louis Coetzee. I have exchanged emails with Mr Coetzee and Mr Wade today, hoping for brighter days in KAT.

Well it's finally happening! No sign of Louis Coetzee's name anywhere near the AGM notice! He was due to retire by rotation making 29th June a great day for shareholders

Completely agree that every deal LC has done has ended up a total f***ing mess he has destroyed shareholder value in Katoro, Mast and Kibo. That said it doesn't change that Haneti is a transformational project and with the idiots gone, shareholder value could be restored?

News is very close. The results will come before the end of June but could be as early as next week. Really looking forward to a new era of a management team who no what they are doing with a transformational project.

what has been lost in all this, is that despite the **** fest created by louis coetzee's lvg & blyvoor transactions, haneti is a potentailly massive project which will could have a value of multiple times the market cap today.

this document is a little out of date but well worth reading:

https://miningmaven.com/report-downloads/download-file?path=power+metal+resources+haneti+report+august+2019.pdf

In my honest opinion there will be no resistance between here and 0.25p

What a great day for Katoro that announcement will be, my champagne is chilling in the fridge!! Not long now!!!

As soon as the news comes that Coetzee has finally been booted out, sorry "Kibo has refreshed the board", this will blow!