Member Info for SirGBoycott

Perhaps one of those people who couldn’t get into MAST .....

FPTM and what have you learnt so far because you keep pointing out all the possible negatives and asking the same questions to which people are giving reasonable answers. Lets assume you are holding what difference will it make? What will your due diligence lead to ... I assume you aren't going to sell before MAST is listed based on what you hear here?

Perhaps you should nip over to advfn and ask Lurker as he would definitely give you all the answers you are looking for

JDT re warrants, then lest hope blyvoor materialises asap

Tell you what fstm try buying mast ... although I sense your not convinced about that either. I suspect you’ll struggle to buy. Clearly you don’t think it’s going to impact kibo which is fine and no amount of answering your questions is going to change your mind.

It seems to have already had an effect IMO and all being well a bigger one if MAST is successful on launch. Doesn't sound like your convinced though FPTM.

I think sits 12 months they cant sell and a further 12 months with some lesser restrictions if I recall.

It is Jax .... but 0.5s look more likely than your 0.2s.
Looking forward to seeing MAST list and what happens next!

RAB drilling is very cheap - I have seen it quoted at $10 AUD per meter . That's £5.50 in sterling and for 2000m would be £11k add inflation and setup / mobilisation costs etc lets say £50k of which KAT owes 65%. This was definitely funded out of existing cash reserves and wont have eaten much of it up.

Diamond drilling $200 USD per meter is what I have seen plus higher setup / mobilisation costs. we are going 400m plus but don't know how many holes. Assume 5 at 400m and the total cost is £300k add mobilisation etc lest say £400k round that up to £500k for good measure and then take 65% = £325k

In that context that could come from existing cash raise / reserves in Dec / Jan

Details of the diamond drill programme and costs will be interesting

FPTM - "I still don’t see why if there’s so much interest in MAST why investors aren’t buying stock in the parent company that owns 55% of MAST, thoughts?"

As mentioned previously there could be many reasons but lest go through them again shall we

1) MAST is clean energy - KIBO is predominately coal
2) Whose to day they are not buying at present
3) KIBO is AIM MAST is main listing
4) They may be waiting until it actually lists
5) KIBO is quite rightly unloved at the moment and many may feel like you do that there isnt something quite right

this will get ramped to the 9s when the listing finally comes out and invariable drop back down again once the traders leave. I imagine those investing in MAST are less risk adverse and more saavy than most that invest on AIM and likley to be loooking longer term than a few hours / days

If you were investing in clean energy solutions would you also invest in a company that has three coal fire projects on the go. Some investors only invest in main market listings. Some investors only invest in revenue generating stocks which MAST will be day one and KIBO isn't. KIBO is undervalued based on the assets it has because over the years its failed to deliver on a number of fronts and its basically an AIM stick with no revenue and a lot of promise.

It may not add up in your head but there are plenty more plausible reasons that a random it doesn't add up and therefore must be some sort of dodgy deal.

yep

Lock-In Agreement
On 25 March 2021, the Locked-In Shareholders, who on Admission will collectively be interested in
approximately 75 per cent. of the issued Ordinary Shares, each entered into a lock-in agreement with the
Company pursuant to which they have undertaken to the Company and the Broker that, subject to Admission,
they shall not, except in certain specified circumstances, sell, transfer, grant any option over or otherwise
dispose of the legal, beneficial or any other interest in any Ordinary Shares prior to the first anniversary of
Admission (being the Lock-In Period). In order to maintain an orderly market in the Ordinary Shares, the LockIn Agreement also contains certain orderly market provisions which apply for a further 12 month period after
the expiry of the Lock-In Period.

If nothing happens here for a year the company will fold.

The JV will either be concluded or discarded at Blyvoor and the Haneti results will have to be announced in the coming months positive or otherwise.

Sorry to hear that sensetalka. Personally I would have given it another month if I was you at least till the initial Haneti results. I'm as frustrated as you are but was prepared for delays based on experience at Kibo (he does tend to blow the trumpet before he's learnt a tune) and to be fair the last 12 months have been unprecedented in terms of the global situation. I do think without Covid we would be fully funded at Blyvoor by now and through a second drill at Haneti. The fundamentals of the two projects are excellent. The MAST IPO has finally come through at KIBO so he's got something over the line. Good times are coming here I'm convinced of it.

Plenty of detail about each site on the MAST website

PROJECT 2
Mast Energy Developments
This site, which due to contractual conditions precedents may not be identified pre – IPO, is a production – ready site which will enter production immediately once the IPO is completed. This site will add 9MW installed capacity reserve power to the MED stable. This site will create an opportunity to for accelerated commissioning of the Bordesley reserve power project.

BORDESLEY POWER LTD
Mast Energy Developments
This site, which was the first addition to the MED reserve power sites, is a construction ready site which will enter construction once the IPO is completed. This site will add c.5MW installed capacity reserve power to the MED stable.

Read the new website https://med.energy/projects/

MAST news end of year is the least likely .... it will either be this month / next month or not at all IMO