Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
AIM listed Kibo Mining (KIBO) has today announced that it has appointed Standard Bank to arrange funding for its Rukwa coal project in Tanzania. But this is only half the story – our contacts suggest that is far bigger news on the way by January which will see shares in both Kibo and Edenville Energy (EDL) move sharply higher. Both are buys, at 4.75p and at 0.19p respectively.
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