Nice post on Advfn site.6 Oct 2020 15:44
Edgein6 Oct '20 - 14:39 - 4140 of 4141
0 2 0
Daar,
Circa 4m cap around 96m shares in KAT which should increase in value dramatically when they complete on Blyvoor. MED due to list this Q, a bit of an unknown entity, raising at least £1.7m to fund a second power plant, due to be on production near term too. We'll just have to see what that is worth to KIBO.
First equity have an NPV of $1.9bn on the national scale CTP projects and they're moving ahead. PPAs and the EPC will be a game changer for KIBO. Also a little longer term too is the drilling of the massive Haneti prospect, that feature to be drilled is around 80kms in length, even is a part of that is mineralised at commercial grades it'll send KAT racing off.
So price targets 1p looks fairly easy and low target and multiple pence is possible on progress of the massive CTPs. If KAT and MED go as planned over the next 6 months then 2p could be on the cards too. If the market values in all of the CTP projects in their early stage, coal assets, MED, KAT etc and a good wind, regardless of warrants, then a return to 4.25p and a completion of the bowl isn't impossible.
Regards,
Ed