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#1 Magnet

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Posted 21 February 2017 - 03:24 PM

On what platform are you if I may ask?

 

Just checking the general JSE level 2.  Guess its because no one is selling hence why the only seller sat at R2 earlier today.


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#2 PlatinumWealth.co.za

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Posted 21 February 2017 - 02:28 PM

R2 ask now for shares? Was R1.25.   Anything happening?

On what platform are you if I may ask?


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JSE and ZARX Finance and Investment Forum -> https://platinumwealth.co.za/forum/

Do you run an investment club? -> https://www.platinum...nvestment-Clubs

The Stock Watch Thread


#3 Magnet

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Posted 21 February 2017 - 12:03 PM

R2 ask now for shares? Was R1.25.   Anything happening?


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#4 Magnet

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Posted 20 February 2017 - 09:01 AM

Your views resulted in me taking a small punt in KBO. I don't expect any short term value but holding this one with n longer term view.

 

Been here 2 years.  Expecting short term value.  Special Mining Licence will be completed soon as well as 25 yr off take agreement from Tanzanian Gov.  You may have timed this well lets see.


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#5 Rulz3

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Posted 20 February 2017 - 08:54 AM

Your views resulted in me taking a small punt in KBO. I don't expect any short term value but holding this one with n longer term view.


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#6 MrDividend

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Posted 17 February 2017 - 08:39 AM

Wasn't intentional. It's my first post ever, and I wrote it out first in Microsoft Word, using a big font for easy reading. Then I just copied it and pasted it into the posting box, not thinking that the font size would survive. I thought it would be automatically changed to a standard size.

 

Nice analytical post though - 


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#7 Magnet

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Posted 16 February 2017 - 01:16 PM

I have been holding this one for a while. Doubt it would quadruple in a year. I see 2018 as the year it starts to move hard. But if it happens this year I would surely welcome that too :)

 

Construction is due this year, and hence the project needs to be sold off in part or in full to realise capital.  This should be sold off in excess of around 5x current price or $100m.  So it should happen this year unless there are any delays.


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#8 MoneyMan

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Posted 16 February 2017 - 11:37 AM

I have been holding this one for a while. Doubt it would quadruple in a year. I see 2018 as the year it starts to move hard. But if it happens this year I would surely welcome that too :)


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#9 Magnet

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Posted 15 February 2017 - 07:02 PM

I've got bucket loads of these. Once government signs off Power Purchase Agreement it would guarantee revenues of $8.5bn for 25 year life span. Not too shabby for a company with market cap of R400m currently.

Not to mention Sanderson took a stake in the power project of roughly three times the current share price. Nothing has been reflected as yet but soon will.
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#10 Targeter

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Posted 15 February 2017 - 05:15 PM

Wasn't intentional. It's my first post ever, and I wrote it out first in Microsoft Word, using a big font for easy reading. Then I just copied it and pasted it into the posting box, not thinking that the font size would survive. I thought it would be automatically changed to a standard size.


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#11 jaDEB

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Posted 15 February 2017 - 04:33 PM

Bloody hell, why is the text so BIG .... :huh:


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jaDEB

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#12 Targeter

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Posted 15 February 2017 - 03:44 PM

I think Kibo’s share price will within six months to a year rocket upwards, and the present share price of 115c will double, treble, quadruple, quintuple, sextuple and more, in accordance with a long pipeline of good news announcements over the next two or three years, such that Kibo’s success will even be referred to in the nonfinancial pages of the newspapers.

 

Kibo has three main projects, all in Tanzania. The gold project called Katoro will shortly be packaged into a separate JSE-listed company and each shareholder in Kibo will receive shares in this new gold company. The nickel project called Haneti is deliberately being kept on the "backburner". The third is the Mbeya coal-to-power project, which is no longer at "explorer" stage but is "developer".

 

All deskwork has been done or is well under control, and the company is presently negotiating with the Government for the all-important variable of what price the government will pay for the electricity, after which the big boys will commit funds (probably a mixture of equity and debt) and the mine and power station will be built with the first kilowatt scheduled for 2019.

 

This transition from explorer to developer has not been reflected in the share price.

 

In short, the project will supply about a sixth of Tanzania’s electricity. Tanzania is short of electricity and the electricity it’s got is in many cases unreliable. It’s very keen to end that situation and common sense dictates that it must buy electricity at a price that makes Kibo a financial success.

 

I can’t see the Government not going through with this.

 

For those who are prepared to take a calculated risk with R25000, I would say the share price chart shows the present price of 110c (intraday) to be at a support level.


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#13 Bits

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Posted 28 April 2016 - 12:17 PM

AltX.. no liquidity, blogosphere expectations of good news means you have to pay up to get in, if good news comes you smile (until you try to sell), if no good news your paper wealth decreases rapidly  :blink:


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#14 coasti

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Posted 28 April 2016 - 12:00 PM

Its following LON:KIBO


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#15 0291070

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Posted 28 April 2016 - 11:14 AM

What is happening here?


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