Member Info for JDwag

Of late Benga Tweets, let’s hope our news on Benga ‘fairly soon’ is next week, a PPA / CPA would keep the ball rolling very nicely here.

JD

https://www.thecitizen.co.tz/news/business/1840414-5249370-3910pk/index.html

It rather beggars belief in this day and age that you can build something using internationally funded grants that you have no electricity to run.

JD

Added a lot better n the last 4 weeks. 9m and change at 2.7/2.8p from memory.

My only regret is I don’t have more to give (and I’m not bull$\ting).

JD

Bespooked, I’m completely of that opinion also, the are numerous issues out there are the moment, and while some things can be laid at our BoD’s door a lot (most), however, cannot.

Even taking away any of our Power Plant Projects, we will soon be in a position where we will have close to half a billion tonnes in coal assets in two territories (Bots won’t be far off) that will be fully licenced to mine and the ‘market’ rates that at <£7m MCAP. In absolutely no way is that fair value for our assets in the ground, and that’s before you even get to the Power Plant Projects.

The ‘market’ is a cycle of course, and we will rotate to a better valuation in due course (I am prepared to wait). Like the CEO I am ‘frustrated, but not worried’. Far from it in fact, I continue to add here like a mad man, I intending to be holding a life changing amount of cash when this (inevitably) turns…

JD

https://www.proactiveinvestors.co.uk/companies/news/217153/kibo-energy-focused-on-four-key-power-projects-217153.html

JD

Interview and taking back up the conversation with SGB from the other night, I wouldn’t be surprised to see both the MCIPP and MCPP Mine Elements sold off once they get the ML for Bots. I think a divestment is on the cards here. Then just use them for a CPA for the Power Plants.

Just a muse.

JD

Goings on here......

JD

Day tomorrow. I feel it in my water. It could just be the curry and 4 Kingfisher I had in a curry house in Sheffield tonight.

JD

Lodged the SP at 0.87 and putting all the buys at 0.86 throughas sells. What a $hitshow btw.

JD

Bizarre spread.

JD

Ahhhh, I fuucckkeedd that up then lol.

I asked because they’ll take a healthy seven figure sum off me without going to NT so someone is back collecting again, as can be shown by the big buys going through today.

JD

CF, how do we know big sells are coming?

JD

Looking really positive here IMHO. Will look even better once we get past summer and into the better liquidity that autumn always brings. Even the number of followers Kibo’s Twitter Page usually enjoys has all but doubled in the last week since we had the ML news, anecdotal of course, but shows possibly interest coming back to this unloved share. I continue to add also.

JD

Decent interview, for nothing else on how relaxed he looked. Clearly in a confident state.

Junior Market is a riot however, it’s an accumulate and hold at the moment.

JD

Interesting, SGB. A Minergy / MCPP tie up would be interesting.

JD

Btw I’m convinced something out of left field is coming for our Coal Mine side of MCPP. There is a lot of emphasis on our Coal side of operations of late and talk of the mine component IRR.

Just a feeling we might partner up or sell part of the Mine, etc.

JD

It’s a tough market at a tough time of the year. This will take a while yet to come back. Lots of news to come as per the list below, which is great, but bucket loads of patience is needed.

JD

I think that’s right, Aerial. Considering the Ministries for Minerals and Energy was until very recently combined you’d have to think (hope) there is a great deal of synergy in the tie up here between the granting of the MLs and what is to come in regards to where the power is going......

JD

https://allafrica.com/stories/201908150330.html

It’s all been said before of course, however I see no other sizeable baseload Energy Project of 300Mw(+) that can possibly be mobilised on to the grid on time. There is simply no other IPP in development near us in advancement. It’s a huge target that even if they are half serious about will need MCPP to help fill. Our PPA will be a mix of Tanesco and SAPP I think.

Will be a remarkable achievement when he pulls this off.

JD

Last time I heard he was reading to orphans at the orphanage and working on soup kitchens feeding the homeless for 8 hours a night and just generally helping the U.K. to be a better place through his charity work.

In no way was he actually spending the twilight of his life trolling the Kibo / Mining Company boards on the other side because he’s the saddest man on earth! Because that would just be a senseless waste of life!!

JD