RE: More Great News coming23 Jun 2021 18:51
that's the way of the Market'' it was a great news then
but keep dropping SP until small holders get fed up and sell out, then boooooooooom
when we are not looking, too late miss the boat, you couldn't make it up''
Dated: 16 June 2021
Renewable Energy Strategy
Kibo Energy PLC, the multi-asset, Africa & UK focused energy company, is pleased to announce that, following an extensive review of the Company's operations, the Company's primary focus going forward will be on renewable energy opportunities. In line with its refocused strategy centred on sustainable renewable energy solutions and following the positive results of an extensive due diligence process regarding the agreement with South Africa-based Industrial Green Solutions (Pty) Ltd (IGES), the Company will now proceed to conclude the transaction to jointly develop a portfolio of Waste to Energy projects in South Africa ('the Agreement') (see RNS dated 18 May 2021). In addition, the Company intends to appoint specialist advisors to assist the Company in developing and implementing an appropriate disposal strategy to dispose of its coal assets or possibly repositioning these assets to make use of alternative fuel sources other than coal, given latest rapid advances in developing alternative fuel sources in this domain. It will be the objective of this disposal strategy to ensure that maximum value is realised from these projects, in which significant value was created over several years.
''takeaway''
the Company will now proceed to conclude the transaction to jointly develop a portfolio of Waste to Energy projects in South Africa
perhaps it's all concluded now'' and we will get news of first power been generated shortly
and disposal of the coal asset for a healthy return to shareholders LOL!! we live in hope
that LC will do the right thing when the time comes, although it's been a slow boat to China
for the past 2 years..
308..