Member Info for SirGBoycott

I wonder why only 900m drilling when the plan was 1005m?

- Two diamond core holes are planned at the Mwaka Target for a combined total of approximately 505m. The holes have current planned depths of 264m and 241m and are designed to test two discrete high-priority conductors which were identified during the 2012 electromagnetic ("EM") geophysics survey.
- A single 495m deep diamond core drill hole is planned at the Mihanza Target

It will rise and fall in anticipation of drill results as people try and time an entry - just hope for once they can get something right.

Patientzer0 another agenda poster with nothing to add and seemingly nothing better to do
Bigboffer hope your OK. May have had some differences in the past but a lot more genuine than a number I can mention.
Drax always enjoy reading your posts

Patientser0 Are you still asking questions you could easily look up yourself or ones that have been answered for you.
KIBO does NOT fund KAT. Full stop. KAT is a separate company in which KIBO owns shares

Out of interest do you hold any KAT / KIBO shares?

Couple of days ago in their operational update

At the end of last year the Group announced the conditional acquisition of one of the last remaining large-scale gold tailings resources available in South Africa, the Blyvoor Gold TSF dumps (Blyvoor Assets). This opportunity could further build on the Company’s track record of successfully bringing tailings retreatment operations to fruition. An independent fatal flaw assessment and gap analysis has commenced on the Blyvoor Assets, with this work expected to be completed by April 2022.

Drilling done end Jan. first results mid Feb. If all goes to plan …… a month in LC land though is usually a year

if you listened to the last interview on stockboc I think they said mid Feb assuming it started on time

'How will KDR attract a new JV partner to spend millions for a share of the Lahtojoki pit (size of a paddling pool compared to many profitable mines) Lahtojoki has had past mining permits, Lahtojoki has had millions spent on more than 2 past failed ventures/joint ventures over the last 30 years . KDR have not done any further new bulk sampling and KDR payed just €50,000 initially for the rights. What on earth makes this an attractive joint venture for anyone?'

Makes you wonder why someone feels the need to point it out so repeatedly and his other account to tick it up when its so obvious. Each to their own.

KAT & MAST are not subsidary companies. KIBO owns shares in these two companies. The assets were sold to them as separate entities. Its all quite clear if you read the published information.

Patientzer0 why would KIBO need to raise cash for a drill being funded by another company KAT?
If you read the previous KAT RNS's you will see when they last raised and how much of the drill 65% they need to fund.
You ask a lot of stupid questions that draws attention and don't seem prepared or able to read for yourself.

If I told you the drill is fully funded by KIBO on KATs behalf and they have £10m in the bank to start mining operations and an option to acquire another 25% of the company for £100 would you believe me?

As I mentioned before go onto the website and look for their 2020 annual accounts. READ pages 5-6. Look through the accounts and go back through the RNS.

As for the chairmen buying well there's only one and he's retiring.

seasons greetings all ....

websites been updated

Benga Power Project in Mozambique
Mbeya Coal to Power Project in Tanzania
Mabesekwa Coal Independent Power Project in Botswana

You will need to go through previous RNS and Accounts

Kat still has a JV with BGO.

CF good use of language … appropriate in this context.

Been posted before.

· by no later than 17h00 on 1 November 2021, irrevocable written confirmation from Blyvoor Gold Capital (Proprietary) Limited (a company separate from TMC, and the previous owner of the Project) that it accepts the payment of ZAR140,000,000 in full and final settlement of any and all claims it may have against TMC or BGO;

This deadline extended to 30th Nov before 17:00 in last RNS. So 18 days to find out

still at it Jax ...... Amazon are hiring I hear

For a dead share and lost cause this doesn't half attract a disproportionate amount of comment

The court decision though should pave the way for the mining permit. "We are also looking forward to progress being made on the finalising of the Land Valuation Authority proceedings and in turn the granting of a full Mining Permit, which will allow the development of the Lahtojoki diamond deposit" (Mar 5th RNS).

They will retain ~30% in a project valued in Jan 2020 at $40m. That value will have increased, the new entity will have £15m in cash and KAT will receive £1.5m which will surely go towards funding Haneti drill

Time will tell CF .. we all know we have been down this road before so understand the frustration etc. Whilst the KAT JV and valuation may not directly translated MCap to SP I am sure any Nickel drill will start an in crease in SP, exp now it looks likes we have the cash to do it without a rasie