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Now about Kibo and its new management team…

By Tom Winnifrith | Tuesday 11 June 2024

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.

I am sure that London’s top nomad Mr Roland “fatty” Cornish has thoroughly vetted the proposed new directors at Kibo Mining (KIBO) and so its proposed refinancing and transformation into an oil & gas play, albeit one that is still technically insolvent, will go smoothly. Mr Cornish is noted not only for his daily 12 course luncheons but also for his rigorous due diligence done on folks like Rob Terry at Daniel Stewart, Jonny Hon and of course that chap from New World Oil & Gas who has deemed a flight risk by a Texas court.
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