Member Info for Latino

Louis Coetzee, CEO of Kibo Energy, commented: We continue to make significant progress with both our projects in Mozambique. The integration study and EPC review referred to above was done in record time by our consultants and EPC, despite extreme challenges amidst COVID-19 and we now look forward to completing the PPA in the coming weeks. The finalisation of this PPA with Baobab is an exciting and significant development for our company and we are firmly focussed on concluding the terms of this deal."

Since the initial announcement on the binding term sheet with Baobab (See RNS of 18 May 2020):

· An advanced draft PPA has been prepared, which the Company will continue to work along with Baobab on, to expeditiously agree and finalize a final PPA;

· A comprehensive integration study to assess the feasibility of a 400 MW combined project for the Baobab Project and BPPP has been completed; and

· An extensive review by our preferred Engineering, Procurement and Construction Contractor ("EPC") to provide an indicative EPC price for the purposes of agreeing commercial terms in the Baobab PPA has been completed.

Update..

Nope no specific target in mind yet..read today’s RNS.

Yep its looking like it.

Just ..

Link?

Bet he’s filling his boots even more so now

Something leak?

Not available on II

No one can buy yet...it’s not available for trading!

Today anybody?

Difficult to get any live quotes now..

Deck cleared back up to where this belongs.

Increase holding

Never thought yesterday...SP could hit 23p...that’s some crash 60-23p only on AIM! And with zero bad news!

Still loads of warrants left, need to clear these before we can move forward

It looks like it..EGHOS we’re out last Fri according to TR1 yesterday. So it’s fair to assume selling action at 0.022 yesterday were due to warrant exercise & sellers..

40mi..now I’ve got a buy quote!

Agree could well be warrants being flushed out...hugh volatility in SP, yesterday 50% to -5% close after tr1, today 20% to 0% now in 30min..