Last 2 RNS1 May 2018 11:10
10/4 - The funds from the Placing will go towards general working capital and expediting ongoing advanced feasibility studies at the Mabesekwa Independent Coal to Power Project, Botswana ('Mabesekwa') as well as strengthening the Company's financial position ahead of the commencement of further work at the Mbeya Coal to Power Project ('MCCP') following the signing of the Power Purchase Agreement ('PPA') which is expected shortly.
I hope the Nomad read the above very carefully and agreed it because evvery time I read that its tells me the PPA will be signed.
17/4 - Due to the critical importance and extent of these ongoing talks, as well as the immediate mobilization of work at the Mabesekwa project in Botswana, Kibo's management team is unable to attend the UK Investor show in London on 21 April as planned.
Critical importance and extent ..... as discussed is why its taking time