Kibo Mining Forum

Re : tonight yes Andrew my more recent trades had to split into smaller denominations just to get the shares I was after and agree with you completely

warming up: this is warming up nicely . can see a steady rise from here up to 4-6p

SP and we're down un bloody believable . god i wish i had a spare few grand .. no brainer

Worth considering again: txs Five so basically that seems to support my thoughts from yesterday that barring any major incidents way way out of our control kibo should re rate to many times its current SP. most excellent just wish I had some more spare cash to invest to increase my current holding of 2.6m shs mind you i'll take 50p a share anytime

the idea

SP bloody I phone sorry spelling terrible but you get

SP: said it before but will repeat myself kibo has continues to meet or exceed its game plan and development goals and providing nothing happens over which there is no control this will revalue to many times it's current mcap the board know this and have been almost blatant in stating this quite why the SP has been help back up to know is a surprise to me to be honest but I am patient

Edenville: up 40% come on Kibo

just a couple of bits of recent publicity to keep us awake!

A full internal review of historic exploration data from mineral asset explorer and developer Kibo Mining’s flagship Imweru project, in Tanzania, has confirmed the potential viability of early gold production. The review had demonstrated that Mweru – which had a resource of 550 000 oz – held sufficient existing Joint Ore Reserves Committee-compliant gold resources to support production and that there was a “high degree” of confidence that additional exploration would add to the resource inventory. Mineralisation appeared suitable for traditional processing methodologies, while feed ore would be suitable for a variety of processing options. In addition, the review noted that significant localised infrastructure was available, recognising the considerable quantity of gold exploration and mining activities already undertaken in the region. “Subject to necessary feasibility work and mine planning, it may be possible to produce gold from Imweru in the near term,” Kibo said in a statement. The company added that it recognised that the market, and those with a commercial interest in the type of project that Imweru represented, were keen to see the project developed “in a manner that enables the earliest effective commercialisation”. “Consistent with the company’s strategy, Kibo is also keen to see commercial development of its projects, whether by way of the company owning and operating producing assets, or by disposal of assets on favourable terms. “We also recognise that, whether the ultimate direction is production or sale, commercialisation of interests moves Kibo toward self-financing status, thus reducing reliance on the market for financing of [its] activities,” it stated. CEO Louis Coetzee said the board was “delighted” with the review findings and, notably, that this resource could potentially be accelerated into early production. “We intend to report regularly on continuing developments at Imweru, alongside news from our Rukwa project, in Tanzania, as we move to value crystallisation at the coal-to-power project,” he commented.