uniformtango
17 Dec 2014
No specific reason for sudden rise... Can't honestly say I had any clue, yesterday, that Kibo would fly today! Nevertheless, it has, and just look how fast! Well worth staying in this one as a proper investor, irrespective of any trading you may do. IMHO. But, as ever, WTFDIK.Steve
wolfey75
16 Dec 2014
Sms1982 great input has helped a lot. Im in Kibo for the long haul. It's one of my first investments and got me really excited. Just decided to cash in my standard life shares I got for free and pump it all in Kibo in the morning. Just got a feeling another DNS may land in the morning and pump up the price before I get a chance. Must also add the info on this stream has been invaluable to a novice clueless investor like myself
wolfey75
16 Dec 2014
Patience is going to be the key here. The news we are being promised sounds so positive and exciting it's got everyone on edge. You never no they might just release a monster RNS a blow the share price into orbit. Wouldn't that be a nice Xmas present.
uniformtango
16 Dec 2014
Re: another great rns out Absolutely agree, well oiled. Problem is, when Kibo goes, she really goes, with only a quarter of a Billion shares, and you could be up tuppence or more before you're able to establish any kind of position! Hard to call the bottom, although I believe we're there or thereabouts.Steve
welloiled1
16 Dec 2014
Re: another great rns out It will come in time but there will be the profit taking first as demonstrated with retrace.Welloiled1
sageii
16 Dec 2014
rns.. 16 December 2014 Preliminary Economic Assessment Update - Imweru Gold ProjectKibo Mining plc ("Kibo" or the "Company"
(AIM: KIBO; AltX: KBO), the Tanzania focussed mineral exploration and development company, is pleased to confirm that the Company has now received the final Preliminary Economic Assessment (PEA) Report in respect of the Imweru Gold Project.Background The Company's announcement of 14th October 2014 confirmed the commissioning of a Definitive Feasibility Study in respect of the Imweru Gold Project(the "Imweru DFS", situated in the Lake Victoria Goldfields, Tanzania. The project is 90% owned by Kibo Mining plc with the remaining 10% held by Barrick East Africa Exploration Limited. The Imweru DFS is being undertaken by Minxcon Projects and Stage 1 of the Imweru DFS is a PEA, the subject of the report now received. We would like to thank the team at Minxcon Projects for their hard work and professionalism in the timely delivery of this key report. It is the Company's stated intention to secure the earliest possible value crystallisation through commercial development of its key projects, one of which is the Imweru Gold Project. At the point of commissioning the Imweru DFS, the Company had been able to confirm that in respect of the Imweru Project: - there was sufficient JORC compliant gold Mineral Resources (550,000 total ounces) to support early production;- there was a high degree of confidence that additional exploration would add to the resource inventory to supplement existing resources and extend prospective mine life;- mineralisation appeared suitable for traditional processing methodologies and that feed ore would be suitable for a variety of processing options; and- substantial localised infrastructure exists, recognising the considerable gold exploration and mining activities already undertaken in the region. The PEA was intended to build on the work completed historically, and provide an indication as to the potential economic value of the greater Imweru gold project and notably, the cash flow early production could provide to the Company, with a view to assist the Company to become self-funding at the earliest opportunity. It is therefore important to note that early production at Imweru Central is primarily aimed at providing funding support for the full production potential of the greater Imweru gold deposit and not Imweru Central only. PEA Report Overview We are pleased to confirm that the findings from the PEA study are positive in terms of the objectives stated above and confirm, and in certain key respects exceed, the Company's expectations with regard to the inherent technical and commercial value of the project. Notably, the forecast free cash flow to be delivered by the project is expected to be sufficient to fund the future development of Imweru as well as ongoing exploration and development at the Company's remaining Lake Victoria Gold Projects. It could also potentially supplement funding at the Company's Haneti project, where there is considerable prospectivity for nickel sulphides, PGMs, gold, lithium and tantalum/niobium.Detailed PEA Report Announcement to follow We are currently undertaking a review of the PEA Report and will update shareholders as soon as possible detailing the key report findings and outlining the options available.
sageii
16 Dec 2014
another great rns out but no surge upwards .It will come..£20mill mkt cap is a joke.
wolfey75
16 Dec 2014
Been drip fed information !!
wolfey75
12 Dec 2014
I'm a newbie and this is one of my first trades. Staying strong and holding. I can see how the drop in price makes people sell as I've had a twitchy bum a few times already !!
wolfey75
12 Dec 2014
Devasted I don't have more funds to top up here. Fill your boots everyone.
uniformtango
12 Dec 2014
Re: Carefully does it city watcherIndeed!Steve
drunkasaskunk
11 Dec 2014
Re: Carefully does it "phenomenable"GREAT word! It's not just smashing, it's SOOOPER SMASHING!
city watcher
11 Dec 2014
Carefully does it In spite of Uranium, Gold and Coal mining prospects, the interest in this share has been phenomenable and I can't help mentioning that it could reverse turn, a bit like what happened to SolGold until now when the grand results have been achieved. Should take off again soon.As for Kibo, it's time to become a cautious investor.[link]
drunkasaskunk
11 Dec 2014
Re: Was wondering about rise "some lucky people have had a real good turn here, and well deserved too in AIM,"If it was down to luck then how can it be well deserved? Jus askin' - ain't misbehavin'."There's an art to being lucky, kid" opined Fast Eddie - bolloox! :::
&&* Tom Selleck seemed TOO attached to fish if you catch my drift (as in fishing). And even if you don't he still seemed to be.
More4us
10 Dec 2014
STG @DavidLenigas Gold Mines of Wales. Lots more royal gold to discover IMHO.....
