Member Info for SirGBoycott

Drax - Yorkshiremen never make mistakes (or admit to them)
'aimably diagreeable' is my new phrase for the day and I think an apt description, we can at least be mildly civil from time to time
Pick one and I'll back it ......

"I think I would have preferred the normal placing ;-/"

Well I wonder why?

At what price do you think we would have got one away and how sticky do you think those shares would be compared to the terms that are in the RNS.

"Are they clearing the decks for an asset sale or takeover maybe? "

The RNS doesnt come across primarily about raising cash, in fact its almost an afterthought. There is an statement in the RNS "Sanderson will retain no claim of whatever nature in the equity of Mbeya Development" which I thought was blindingly obvious and dint really need to be there. If they intend to do something different with MCPP / Coal resource then having someone with a 2.5% stake is a bit of a headache. Have they tried to solve two problems with one solution.

Captain. I noticed the stand alone statement in the RNS that specially states that they retain no claim of whatever nature in the equity of mybeya development. I thought that obvious ....

Might start listening more drax if you can pick another winner at any race tomorrow!

So how many have they already sold and given the notes below form the RNS do you think they will continue to sell?

"Sanderson will notify Kibo in writing, five days in advance of any intention to sell, loan or otherwise dispose of any of its shares held in Kibo and acquired under binding Term Sheet, together with the amount it wishes to dispose of and the price per share it is asking. This is to allow Kibo's brokers the option to procure the placing of such shares at the relevant price and so ensure an orderly trading in the Company's shares."

"Sanderson will have the option to appoint one representative to the Board of Kibo as a non-executive director, conditional on the appointee being acceptable to Kibo and meeting all other regulatory requirements for appointment, and only for as long as Sanderson holds a direct interest of more than 20% of Kibo's issued share capital."

"Following the settlement, Sanderson's shareholding in the Company will increase from 52,764,905 to 179,201,687 ordinary shares representing an increase in interest from 8.24% to 23.38% in the Company. This will result in Sanderson becoming a related party of Kibo for the purposes of the AIM Rules for Companies. "

Read the RNS Jeffry .... George and bungle have!

Spot on arial I’d say. Perhaps more news Imminent!

No necessarily imminent or tomorrow BUT there is plenty of newsflow due just depends on your views on timescales and whether you hold or are waiting for it to drop.

- Bots ML application submitted 9/11.
- Update on Tanz SML, recommended status, waiting Cabinet approval
- Update on TG reason for KIBO not progressing in Tender
- Moz PPA and / or results of negotiations with potential coal suppliers and private power off-takers progressing well; these will receive priority attention during Q1 2019 (
- MAST update on JDA and progress on sites DD etc as per last two RNS

Plus I'm sure another round of playground posting and "Sonicomics".

It’s an interesting podcast and I’d view any progress at NCCL as positive for kibo. One of the reasons they are now able to progress to a binding JDA is that they have been able to demonstrate to their partners the commitments they have from the Moz govt. something perhaps kibo struggled with Sepco / TG.

Jax sell your £800 and have a holiday. We could all do with the break.

You keep persisting with this someone said it was a buy line ...who? No-one, as Foxy points out, said it was a buy. Add to this to your target of 0.43 p as per twitter and the only conclusion anyone can draw up is that you are trying very subtly to talk this down and have a bit of fun with on the way at the expense of a number of people who used to respect you. You've lost that respect. Rather than call out what you are doing people have even tried to help you.

Your welcome to trade it but stop the sanctimonious holier than thou conversion £1.86 to 0.43p routine

Such a big clue you missed it for years only and yet now it’s obvious! Give it a break sonic!

What a choice and what a talent. Fill it with hot air or generate electricity. You can either give up and moan or look for a way back. It just amuses me that your so concerned for those that look for a way back and seem certain we are heading for administration. That your view and your entitled to it but why do concerned others are clearly not as enlightened as you? Developments at MED would suggest otherwise.

Seem to recall it was for two lots of 300mw and we don’t know yet what’s been won by whom! So unless someone’s won all 600mw even by lurkers maths that leaves some left over. Although I’m sure it’s not that simples ......

Have a good weekend Jax and come back with your happy face on ... I know you have one

which makes you wonder why no-one spotted that before as surely there wasn't enough infrastructure in place in 2015 2016 2017 2018 and now 2019 for us to be bothering with MCPP?

hallelujah

Grow up.

so your 0.43p "target" is to sell then if your not looking to buy

"interests here"? Your only making a very plausible case for having an agenda

I give up. I really don't get where you are coming form or the point you atre trying to prove.