Member Info for mikemike

''On First Equity Limited's (FE's) current financial projections, and assuming the coal mine lifespans are well over 25 years, each 300 MW power station should generate revenues of around US$ 280million per annum, with the 150MW station delivering revenues of around US$130m per annum. These numbers are factored into our forecasts and deliver a combined project Internal Rates of Return (IRR) of 21%, which is a rate high enough to compensate for the risks involved for the project funding organisations, we believe''

Just as well Kibo is looking to build up in each of those identified projects by double the MW capacity. With economies of scale built in It is hard to not justify a non discounted 30p for the second line projects.

Sonic

Have you caught up with page 9

Kibo are looking at 2 X 150mw. Yet Benga is shown to be down for 1500MW, the question is, who is after the balance? or is it a broker error?

Or am I just another Ramper.

How does that affect Kibo?

Having taken more time with this document from FE. I see they have based both MCIPP and MCPP on 300mw and BIPP on 150MW. Plenty of upside and not going to be hit by the ''process'' having to be repeated.

Also nothing factored in for coal sales, if any, and MED.

Benga is looking for 1500mw and Kibo is down for up to 300MW. I Wonder who up for the rest?

Global Malaysia had a Dictator and he is now back in office at the age of 94

so did Singapore

The Chinese could care less?

Mizman i would like to see some of the timelines that Kibo are entirely responsible for, like the Feasability studies being wrapped up sooner. If these were new than I can understand why they would take more time. Yet, they are pretty much copy paste with fine details needing to be discerned.

Anyway Lc can now focus on those items as it looks like he can apply time and effort as there are not going to be much in the way of distractions coming his way for the next few months.

Unless MED start to feature sooner than expected........OR.......another large scale seismic project or two, sneak their way in. That should keep the unhappy clappers foaming at the mouth for a while:))

Page 9 of the FE note refers to Benga at 1500mw, Kibo are up for 2 X 150mw, I wonder who is getting the rest?

Why would sepco pull out. They are used to seeing delays in Tanzania, largest cement works being an example. the amount of money available for investment by China is huge. Kibo in their big picture is a very small cog and taking more time is hardly going to be a key issue.

People have been asking for an indicative timeline and it looks we have a highly conservative response.

Fedz it means what is says.

Otherwise Bb will have to sit you on his knee and read it to you.....best of luck

You do know there is even more coal in Botswana. Then take a look at the latest Minergy RNS and how quickly they scaled up coal sales of 1.2mtpa and how quickly they intend to increase that to close to 3mtpa. there results are pretty much factoid

Bc

The price may be correct but not the reasoning.

This will have nothing to do with the MCPP as the tender has not been concluded or announced. Indeed no feedback at all on the MCPP one way or another.

December 7th just tells us that the tenders have been opened in public and we have not even got that far.

I think determining that the MCPP is good or not is way too early. In more general terms if the GOT decide that all energy should be for free then there are going to be huge all round issues.

maybe price of delay is already priced in as opposed to price of failure.

https://www.bbc.com/news/world-africa-46341910

For those that do not understand just how fast things do move in Botswana, once an ML is issued.

http://m.miningweekly.com/article/minergys-botswana-opencast-coal-mine-project-springs-to-life-2018-11-27/rep_id:3861

Sumba own a huge amount of Kibo. Shumba are financed up with heir latest deal and have access to Coal pension funding on the BSE. Anyone still concerned about Funding?

Older and wwwiser you know better than this

Lc is not your CEO as you are not invested., or have you sneaked back in, you sly old dog?

markets are not saying anything except ''no comment'' until the next RNS on this issue

Sonic a lot easier to promote when the SML and ML are issued plus the Tender process completed. Until then what is the point. A simple Q & A like the last one will suffice

Sonic why would they want to go there? You will not hear news that is ''insider''. I would actually be concerned if Kibo did attend as that may be indicative of a fund raise to come.

Bromb

I hear that some houses in the Uk are now installing air con. So plug in battery chargers are going to have competition for power usage.

Are there going to be as many installed air cons as there are full EV hooked up to draw more power in the UK.

If there is a hold up, why will it be Kibo?

I suspect if there is a delay it would be Tg or Sepco completion of internal due diligence.

With Kibo now out of mineral extraction the business is clean and clear, focused on energy and without debt.

Swifty, only those who might agree with you believe tariffs are an issue.

The tender process is all about avoiding future legal challenges, not about tariffs. That investors choose not to speak to you or your other self on Adfvn is to be seen as correctly selective.

Industrialisation and export of power would be well below the diesel tariff rates and those are the two initial priorities.