Member Info for JDwag

https://www.thecitizen.co.tz/oped/-Mining-legislation--Open-letter-to-President-Magufuli/1840568-4900174-75qysz/index.html

Found it.

JD

Could you post it, Magnet?

JD

XP, can i ask why you decided to sell out?

Ta

JD

So, in the last week he has had negotiations with the Government of Mozambique and had agreement to extend an MoU on a 150/300 Mw Coal Power Plant, that really isn’t the definition of ‘running out of steam’ is it?

There is credence to his investor / PI ‘no shows’ I go with consensus on that, he needs to do more on that front.

JD

The last thing we are is leaderless!!

Kibo is LC and LC is Kibo. They are inseparable. The whole thing rests on this guy’s vision and his ability to implement it. If you remove him, you are in effect making the company 'leaderless'. You may be getting frustrated at the perceived lack of progress or maybe it is just the SP, but removing the CEO would be the last thing anyone would want to do, plus, the majority shareholders here (Sanderson and Schumba) would block it so it’s a moot point.

This has not turned out the way I originally envisaged, true, but that’s life in general, you take hits and you step up or step out. I hold out great hope for very large returns here, it will just take a great deal more perseverance and grit on my part……

‘I am a slow walker, but I never walk back’ Abraham Lincoln.

JD

Well done fella. I too will be topping up on Friday. We only need to nail one of these projects for the price to look lamentable in hindsight. Which it surely will one of these days IMHO. JD

Also, considering the cost at approx $3.6b (it will probably be lots more than that) and assuming that 40% (that's what is in their annual federal budget) of all federal budgets will be sent on this I make it 12 years plus to fully construct this based on expendable revenues. So now it's going to be designed, built, filled and fully commissioned within 4 years!! So we are looking at a budget to meet that programme of way north of 100% of all federal budgets to do this in this time frame. Crack pot dictator stuff this. And yes, forgetting the fact that this clown gers told and believes you fill up a dam in a month or two after construction. Lunatic. JD

Why, when on the back foot do you always resort to this 'don't make it personal' nonsense? There is nothing even remotely personal in my posts to you. The strategy here has been emblazoned in bold writing for over a year now. It's up to you who you have chosen to invest on the back of that. JD

The strategy changed, Bcl. Again, this happened nearly 13 months ago now. It was your choice to do what you wanted at that time. You've chosen to stay. Nothing disingenuous about it. You could have sold out in March for 7p for example. Again, you didn't. JD

The 'strategy' here has been broadcasted aloud for the last 12 months. It has been as clear as day where this company was moving since Botswana was announced last November. It was your choice to sell, hold or buy more based on that strategy as you choose with free will. To pass on your own decisions as being hoodwinked in some way when you clearly weren't. JD

That’s blatantly untrue, BCL. JD

Saw that today. They couldn’t get any funding for it and they are going to earmark 40% of each year’s annual Tanzanian Federal Budget for the project until it’s finished. Complete fiscal madness. JD

So you continue to top up and increase your risk in a company you think is a dog and is run by a fantasist? That’s a phenomenal investment strategy.

JD

Really positive RNS that. Onwards and upwards. JD

Or Sonic (Judas Matt Matt) has monitised his20 pieces.... JD

Sell....wonder if he’s the same as H50????! JD

P.S. i think this will be disclosed pretty quickly. before Christmas.

JD

Considering his ability in the past to always get funds raised (not debt, just look at the EDL horror show) I have 100% faith in his ability to do it again. Time will tell just how attractive it is to incoming investors and what the price will be. Like Magnet, I see it at no harm to the SP / a premium.

JD

Finish?

JD

Tomorrow at 3:22pm.

JD