Leadham
31 Jan 2015
Post Coal JV maybe minimum 10% of $1billion upwards
Leadham
31 Jan 2015
Valuation was £30 million today very conservatively
sageii
24 Jan 2015
Its all good news imo outstanding investment and a little patience will reap rich rewards.Been buying modestly and averaging down.I missed the really low in price but have a target of 40p initially.GL all..
theprior
19 Jan 2015
RNS Great news on the gold front !
Londoner62
07 Jan 2015
12,600 @0.4447
sageii
07 Jan 2015
topping up and waiting for newsflow ..expected soon GL all
sageii
30 Dec 2014
Great rns and update today good summation showing the potential here with some very important news close to hand.Been buying more today convinced of the value. The bod deliver ,and do it on time .jv decision soon ,gold ...well there is a big hint that one will be sold off in that rns..Avoiding dilution has been spoken of by JC and this seems like a bod you can trust.Coal /power/jv will be huge for the sp imo..and the project is a licence to print money! as witnessed by the highly competitive interested parties being spoken to ..No brainer imo.
Paulevans1210
24 Dec 2014
Hey guys. First timer on here, and holding 100% in Kibo. Do we ever get into 2015 share tips? Any advice?
paf57
19 Dec 2014
Big buy 550k £44000 at 13.31.50. Someone has faith or maybe knows something.
Maverick
19 Dec 2014
Re: another great rns out I guess they are only caught if they have to sell. Moves like this are frustrating but when you look at the figures they should be nearer 20p than 10p.
welloiled1
19 Dec 2014
Re: another great rns out and another drop…Hope people weren't caught on the 10-12p spike again.Welloiled1
wahlberg
18 Dec 2014
Re: Yeeehooo Mcap of £25m v combined NPV of only 2 projects of $400m
paf57
18 Dec 2014
Yeeehooo Looks like a bidding war is brewing between potential jv partners
Maverick
18 Dec 2014
Good steady news Just bought some more at 9.5p think next year could be KIBOTIME.GLA
welloiled1
18 Dec 2014
RNS-Power Pre-Feasibility RNS Number : 1621AKibo Mining Plc18 December 2014 Kibo Mining Plc (Incorporated in Ireland)(Registration Number: 451931)(External registration number: 2011/007371/10)Share code on the JSE Limited:KBO Share code on the AIM:KIBOISIN: IE00B61XQX41("Kibo" or "the Company"
Dated: 18 December 2014 Power Pre-Feasibility Study Report - Rukwa Coal to Power ProjectKibo Mining plc ("Kibo" or the "Company" (AIM: KIBO; AltX: KBO), the Tanzania focussed mineral exploration and development company is pleased to announce the findings from the Power Pre-Feasibility Study ("PPFS) report for the Rukwa Coal to Power Project ("RCPP".Key Highlights The PPFS report was prepared by Aurecon on behalf of the Company and findings include the following: - four plant configurations were assessed, with a base case technology comprising 2 x 150MW Circulating Fluidised Bed (CFB) recommended for further development in Feasibility;- sufficient additional coal resources are available from Rukwa to potentially expand the power station to double the current design size or to be used in alternate energy conversion technologies such as coal to liquids;- a technical and environmental risk assessment was undertaken which unanimously recommended further development of the project via feasibility analysis;- total project cost, dependent on the plant option selected, is estimated between US$640 million and US$760 million;- modelling was undertaken based on conservative "base-load" assumptions (80% capacity factor) to predict annual generation profiles over the plant life. Indicative annual power generated, dependent on plant option selected, will be between 1,841GWh per annum and 1,877GWh per annum. Based on the parameters discussed above, the Company has decided to proceed with the definitive feasibility stage of the Power Definitive Feasibility Study ("PDFS" as recommended by Aurecon. Drawing relevant data from the PPFS and the Definitive Mining Feasibility Study: Phase 1, Stage 1 Report, the Company also prepared an internal preliminary financial model as a base case financial model, to be verified in respect of the 300MW power plant and coal mine base case, during the ensuing definitive feasibility studies. Publication of detailed financial information on the RCPP is at present commercially sensitive, based on early stage assumptions with regard to power generation volumes, pricing, capital and operating costs and therefore not ready for public dissemination. Highlights of the indicative base case financial model which Kibo has used to inform its decision on whether to proceed with the definitive feasibility stage of the PDFS include: - Indicative power generation revenues, over an assumed 25 year plant operation, of approximately US$7.8 to US$8.4billion;- Indicative pre-tax equity IRR in excess of 23%;- Indicative post-tax payback of approximately 8 to 9 years;- Indicative project NPV range at a 15% discount rate of US$230 to US$280 million. The preliminary financial model and information discussed above, comprises the Company's internal financial base case for the RCPP. This base case will now be provided to the Company's independent financial and technical advisors on the RCPP, for proper assessment, evaluation, validation and adjustment during the definitive feasibility study stage of the PDFS. The commercial and financial figures discussed above should therefore not in any way be construed as a financial forecast of any kind. Louis Coetzee, CEO of Kibo Mining plc said "This Power Pre-Feasibility Study work represents an acutely critical part of the RCPP. We are delighted that the report received demonstrates the robust nature of the project from a technical perspective. The purpose of the PPFS is, in part, to identify any major technical flaws that could be project fatal. This report has confirmed no such flaws were identified. We are partic
