Member Info for jax05

I meant mcap

EDL had a shocker of an rns today and their sole play is selling peanuts worth of coal in Africa (gulp) yet their sp is marginally under that of Kibo. NCCL has a higher mcap than Kibo and their sole play is a coal plant in Africa said to be funded by the Chinese who are distancing themselves from coal projects outside of China.

Kibo has over £4m in the bank and look at the sp lol.

LC must be embarrassed at the state of Kibo. If he went the sp would multibag. Eco warrior by name but certainly not eco warrior by experience, expertise or passion. Money will be wasted as a result.

Kibo Energy (run by a dictator in Louis Coetzee) only knows how to raise cash via 2 methods. 1, Heavily discounted placings, which are normally forward sold by their array of bucket shop brokers. 2, Loans linked to eventual share issuances from the likes of Sanderson Capital, basically a disguised form of death spiral. It is only a matter of time before one or the other will hit the headlights again.

Haha good one

I suspect my Kibo shares will be flogged by the executors of my estate for negligible value as they don’t have fomo and have never heard of Kibo - lucky them.

Your naivety doesn’t surprise me Laguna

Bless

As an investor I sure am dreading the imminent placing news.

LagunaB why are you posting here when you’ve got that clown club to give LC a stiffy.

If averaging down to high heaven means a strategic investment strategy then all I can say is lol.

Keep buying

Commercially viable revenue Laguna?

I doubt it

Laguna can I join your comedy club, as long as initiation isn’t tattooing Louis’ initials on your nuts.

Kibo will never have revenue.

It may have proceeds from so called assets but the development cost will be wildly more than any proceeds.

It’s so clear to see that LC is out of his depth IF his intentions are to provide shareholder value, but imo, the selfish nature of his untrustworthy rns comments suggest that he is only in it for personal gain.

I’m sure I just see eco warrior LC superglued to the ground with an Insulate Britain t-shirt

Yes ok let’s look forward....

Once the full details of this yet another infamous LC loan deal is known, the Kibo share price is going to tank.

MCPP will not be sold for more than what it cost to get to this stage.

You don’t need to go to business school to realise that’s bad business. Maybe LC does.

The RNS is a load of non market inspiring waffle.

I trust they are kind words.

Meanwhile at Kibo HQ LC is meticulously calculating how much his next pay rise should be - then doubles it.

Can you guess what 4 letters in the above word best describes a certain individual.

Hardly fantastic is it.

Luckily I was sitting down when I came across LCs new word in today’s rns - although I nearly fell off my chair.

Great point jdt.

History tells us what we need to know about LC being a failure. Don’t lose sight of the past.

I bet those term sheets show ridiculous charges and loan fees/interest/warrants.

Won’t be long until LC goes cap in hand for the millionth time on account of he’s spent all of Kibo’s money and achieved nothing for the millionth time.

But I suppose you shouldn’t look at history lol what a clown.

Now I wonder how that £3m is getting paid. LC thinks he’s clever spending all day every day working out how to raise money. Placing mate, it ain’t difficult, it’s your only option plus your mates get in on it.

Did LC take a pay cut during the peak of the pandemic?