Member Info for JDwag

Website is pretty decent, actually.

Re: what will this do for Kibo’s SP? That question will have to wait for #MAST to list and see what 14 April brings. At current shares in issue, that would equate to approx. £12.7m share to #KIBO, and #MAST alone would be worth 0.55p per share to #KIBO share price so which is a circa 50% price increase from where we are currently.

If we are producing 9Mw on Day 1 and the share is popular then you have to expect it to “pop” like every other Energy Share has done these last few months. I really do see #MAST value to #KIBO as being over 1p per share pretty quickly after listing.

For me, it could be more the phycology, success begets success in business, and who knows what happens thereafter to the much larger African Projects?

All IMHO.

JD

finally, one over the line. Mark this day.

JD

The history of this company is littered with fake / false and misleading promises, here’s another recent nugget:

“Louis Coetzee, CEO of Kibo, said: "Completion of the onsite engineers' checklists and reports to sign -off to commence electricity generation in February 2021 is a significant platform for Sloane to operate from as a first step towards a position of significantly stronger potential revenue generation and associated profitability. This is particularly significant since the Acquisition will deliver a production ready site, which based on current projections, will coincide with the completion date of the successful listing of MED.”

This was only 8 weeks ago, how can you get it that wrong over such a short timeframe?

JD

The worrying thing, SGB, is it could be the latter. When this guy locks himself in a bunker with no communications for months on end it’s because something has gone wrong, not a operational peep from him in 7 weeks and Clear Capital has stopped selling #MAST on any of their recent Media, I have a Groundhog Day feeling here…

JD

yet again drift lower on delayed news and PI’s throwing in the towel.

Even with good #MAST news, we will likely see a surge then the Warrant holders run for the door, it’s hardly awe inspiring stuff is it? And that’s on the basis that we even get #MAST news soon, which given Louis the Clown’s previous performances is hardly a given.

Realistic chances of #MAST listing in April? I’ll give it a 20% chance IMHO.

JD

It’s been known for a while that Coetzee reads these Boards, and he obviously still does, that is 3 No. articles of some description that has been posted on this thread followed by that information being tweeted out at MAST.

So on that basis, Lodewyk, could you please pull your ****ing finger out and produce something for your combined £30k a month you have been rinsing shareholders for at KIBO and KAT?

JD

https://www.google.co.uk/amp/s/amp.ft.com/content/754be56b-5ec7-48fe-bd00-b8e5ef57ca07

Just imagine what could happen if Coetzee could locate the RNS Button?

JD

It still has legs, but we need to see MAST list and full details of that listing such as where is the debt coming from to fund the projects, etc. It also has to actually deliver something on listing, which considering the (yet another) delay I'm guessing why there is a hold up, something won't quite be there yet so they are holding it up before it goes live (which is 100% the right thing to do, but hardly gives new investors confidence to buy in here).

JD

Correct, sod 30 posts of personal vendettas a day, where is the MAST Listing RNS?!

JD

Confirmed as having died today.

Of course no friend to Kibo or outside investors generally, let's hope the new President has a more centrist and pragmatic relationship with investors. A chance of MCPP being resurrected?

JD

Indeed. It will happen here too if this CEO can pull his finger out.

JD

A lot of the warrants only have 6 weeks left to run. There are 442,222,280 Warrants at 0.4p per share that expire on 3 May’21. A fair few of these have already been exercised of course.

See RNS below for full outstanding Warrant details:

https://www.lse.co.uk/rns/KIBO/clarification-to-company-rns-of-17-september-2020-63qjo69mildvzmi.html

First and foremost, we need a ****ing project over the line in MAST, everything else is a moot point at this stage.

JD

Why would you? Serious question, you could easily get that order filled today at approx. 0.34p, why bother giving the company a premium?

JD

I've also had issues with the Share transfer, it's causing issues, will probably take day or two across all of the platforms to even itself out.

JD

Maybe, maybe not, might be nothing more than the FCA sitting on it, possibly there is a problem with the first 9Mw Plant, investors may have pulled their cash…it could be almost any reason, but the only certain factor is Coetzee will keep us in the dark no matter what it is.

Another quarter draws to a close and yet again he's achieved nothing, at least so far!

JD

To be fair, SGB, any news of any kind would be welcomed. MAST is a “slam dunk” with investors lining up and PPAs agreed and he still manages to go nowhere with it!

JD

Who knows, it’s a moot point, if the investment case is there the money will follow, make no mistake.

Considering where the cost of copper and all of the other sexy shinny metals are going you can expect the cost of renewables to go through the roof in the next 5, 10, 15 years. It will soon be (if it isn’t already) the domain of the rich in the West. There is still a place for cheap, reliable base load in the form of coal, and despite what some here may think it can still readily get funding and there is lots of construction expertise in it. The problem is getting African governments to commit to the CAPEX.

JD

April / May, who the hell knows with Louis Coetzee, everything is delayed with him 100% of the time, every time!

There isn’t even a MAST Website live yet and that is a constituent of having a PLC so it can host things like share register information, etc. Reading between the lines you Clear Capital Markets have also gone quiet on MAST so you’d assume they are currently working through their registration authorisation with the FCA.

A £1.7m tranche of Warrants expire on 3rd May, that should have been an Open Goal to get that money with MAST listing, no doubt Louis will turn that into an Own Goal!

JD

"The Ten-Bob Party" it is then.

JD

Good for you mate, hope you make a packet! Some interesting trades this afternoon, red dot watch tomorrow first thing IMO.

JD