Member Info for JDwag

It’s the word ‘Medium’ for between $10-99m dollars that is throwing me. Where has this ever been mentioned in an RNS from Kibo? Mining Licences yes, but that appears new information unless I’ve missed it?

JD

‘The third’ that’s us, Mbeya.

So what do we take the medium Mining Licence application to mean? Is that why it’s still only ‘Application approved’ on the Tanzanian mining portal? Did we need to reapply again?

JD

Spot on, share recycling is the name of the game for us at the moment.

JD

Worth noting ABSA Bank is our financial advisor on MCPP. Wimmer could also come into play here.....

JD

True Dat Magnet.

JD

You'd like to believe that if your allowing a JV partner 50% of a full licenced project due to complete on funding obligations that they have only done this on the basis that they must think Funding is very weLloyd advanced?

JD

Circulated today on LSE and ISDX. We we need is more days like today and for there to be no overhang if and or when LC issues a long over due commercial agreement. But a good day.

JD

To be expected. There is a huge share overhang out there connected with the placing. But these events help clear the decks so to speak. Let's hope LC is working on our own Bazooka RNS.

JD

If LC is about to force feed me a skip of humble pie bring it on, happily eat it all down to the crumbs.

JD

Dump at the end. Placing shares still getting dumped.

JD

MM’s moving the SP down but tightening the spread. Trying to create a market where there is none and still trying to flog the massive excess of shares out there.

JD

Truth is, SYM, that could very well be the case, he may just be a guy who has hit his capability ‘ceiling’. He could be getting ready to shaft PI’s and have this sold out for next to nothing. It could be he is completely gone underground because he is in the final moments of agreeing a 300Mw PPA with Tanesco / EAPP / SAPP, it could be neither of these things it could be some or all of them.

We don’t know because his communications are non-existent and he has a history (if I am being kind) for being wildly over optimistic.

Either way, this company is a shambles at this point and that is entirely of the CEO’s making. And that is before we even get to his ‘relationships’ with the likes of Sanderson, et al.

The market clearly doesn’t trust him as far as they could throw him.

JD

Louis won’t be constipated that’s for sure, a diet of Krug and Foie Gras for LC makes him as regular as the Swiss Railways!

JD

Good for Louis, just another two days, go on son, you can do it.

JD

Bordersley will be late IMHO. LC is a serial fibber. The fact he’s now rubber earring everyone and anyone tells you everything, probably working in the next placing.

JD

Straight up and genuine question! Are you still in contact with LC or is the twitter group? If so what’s his vibe / chat?

JD

Wimbo, what exactly are the thoughts and sounds coming out f the BoD like? I ask as no one from Kibo will now return any of m communications!

Louis Coetzee hasn’t been seen since last January 2019, and I don’t count his 9am AGMs in Dublin. This company has now for all intents are purposes ceased all private investor interaction. It’s utterly disgraceful.

JD

https://www.thecitizen.co.tz/news/Liganga--Mchuchuma-iron-ore--coal-deals-for-review/1840340-5416296-view-asAMP-k4s3xy/index.html

The attached shows it’s not just KIBO or NCCL suffering from African indecision, everything seems to take years or decades in fact.

JD

Let us just hope (and it’s more hope than promise at this point for me personally) that he has clammed up because he is working on a bazooka rather than a water pistol RNS as he is all too infamous for.

JD

Coetzee is a magician in many ways, he’s turned £40m of shareholders money into an MCAP of £6m while his wages increase year on year, David Copperfield would be proud of that trick.

JD