As a former holder who did my brains in here I like to check in but do not like to put the boot into current holders hence the this is shocking comment. I would be banned for life if I actually wrote what I thought of Kibo BODs and especially the head honcho. The latest share issue under suspension at the worst SP level would with a lot of companies be unbelievable but Kibo does like to shock and amaze, sadly not in a good way. As always I wish existing LTHs the very best of fortune here.
Still look in here every day as it’s just one of those shares it’s hard to get away from. It’s on the record I absolutely did my brains in with Kibo, still have a few hundred thousand shares left for what they are worth. As always I wish those still holding more substantial sums the very best of luck. However for the unbelievable LC, the bloke just never ceases to amaze me. As stated on here Zimbabwe and 10m. Best of luck folks I’m genuinely interested what is going to happen here once it starts trading again.
Apart from a few hundred thousand shares that is me now out. For me this has been a disaster. If I had maybe had a couple of thousand pounds left in here I would probably have ridden it out but in £ terms I had enough to hopefully invest in others shares and maybe recoup some of my losses from here. I really should have sold the lot during the last pump but stubbiness prevented me from doing so. I sincerely wish those LTHs that remain the very best of fortune in Kibo. I think the collapse in the MAST SP was the final straw. I’m not a former holder who prays every day that the company they were invested in goes bust. Either way it does not impact me financially. It’s not a 6 figure loss for me but I have to say it’s certainly on the road to it. Just thought I should get out while I could recoup something. I just wanted to be upfront with LTHs on this BB that some of the recent sells were mine. Good Luck to all who have ridden the Kibo roller coaster, health and prosperity to you all.
It is hard to take anything out of the RNS yesterday that is remotely positive apart from Kibo is still operating and while it is there is a slim chance (define for yourself what you regard as slim), that something may materialise from the multiple projects they have started and the millions and millions of pounds they have spent. I’m assuming, actually banking on, that at some stage there will be a pump before the dump. To what level I don’t know but at that point IMHO there will be a mass exit. Myself included. Shocking RNS yesterday but clearly they have absolutely no other place to turn. I am seriously interested in anyone’s opinion that has a rational more positive outlook on Kibo future than myself. GL all LThs.
Well for a LTH who is heavily invested here and has been for many years there seems little alternative than to sit and wait and hope one of the projects comes through. I am under no illusions, I would not go within a million miles of a LC company again. He has been so abysmal there are actually few words I can think of to describe him that would do him justice. Still hoping for what seems an ever increasing miracle to happen but you have to keep believing. I have changed my exit point yet again if we could get back to this year’s high I would sell the lot. As always GL to all LTHs, let’s hope we can get out with something.
ROCK I have to say it is a strange one. I bought another 420,947 today, when I think how much I was paying for a similar amount. There will be no rerate here until decent flow rates are announced, I thought yesterday’s RNS was actually very upbeat but it’s not washing with the markets. I will keep topping up as I can only see upside from these levels. GL all LTHs.
Tony Fawcett I think your comment about feeling somewhat relieved is on the mark. Bloe has took a hell of a battering and it will take time, it’s a definite work in progress for me, but the markets have no principles so some good results and the past will be soon forgotten with new PIs on these BBs. I do think it’s a hell of an opportunity for anyone getting in at these levels (DYOR). GL all LTHs.
Just read the RNS again IMHO lots to like about it "Owing to the recent installation of the gas infrastructure at neighbouring KRT-39, production from this well would be quickly monetised and make a material addition to the Company's near and longer-term future."
Serious question. What are peoples thoughts on why the concert party and in general substantial shareholders are so silent? They must be really hurting with the current SP, sitting on big paper losses, and yet not a word. GL all LTHs.
His technical knowledge and company management skills have made a significant contribution to the Company's development during his time as Chairman. Absolutely mind blowing, the worst part is they probably actually believe it!! GL all LTHs.
300 bpd will make a substantial difference to the SP and IMHO will be the start of a sustained recovery. The desperation of so many to see this company fail oozes out of them especially the former holders who have even come on here and tipped other shares. HL all genuine holders.
If the flow rates to be announced shortly are poor and there looks little hope on the horizon then it would seem a pretty poor or strange appointment. The laying of the gas line, the concert party being so quiet, and so on, gives me hope and belief that there is still a future and possibly a bright one but as just said by Hawkspear they need to get on with it. Fingers crossed. GL all.