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.

Exclusive interview with Kibo Mining CEO Louis Coetzee – Part 2

By Ben Turney

15 October 2014 11:21

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In the first part of this exclusive interview with Kibo Mining (KIBO) CEO Louis Coetzee we discussed the company’s flagship coal project at Rukwa, investor disappointment in 2013, why Kibo did not complete the deal with EWP, the unexpected interest from other major development partners, the current status of negotiations and the technical stage the project is at. In this second part of the interview, Mr Coetzee goes on to talk about Kibo’s other flagship venture, the gold project at Imweru, as well as the reasons for last week’s placement. Shareholders are not happy with Kibo at present, but Mr Coetzee delivers candid answers to the direct questions I put to him.

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Comments

wildrides

15 October 2014, 23:43

One for the watch list at the moment but will keep a beady eye on it .

could be all snake oil talk ,but time will reveal all .
J P Spaghetti

16 October 2014, 10:54

Thanks for an informative update and overview Ben. Whilst I’m here, does anyone know if EWP are the same East Asian outfit that expressed a non-binding expression of interest in EDL’s activities in Tanzania a few months back? Ooh-er, missus!
J P Spaghetti

16 October 2014, 12:03

Ach mein Gott – he ‘sports’ a moustache. Coetzee, that is – he has a lip rug. I was considering getting in here but no way given that discovery! Only three men have ever looked good with a ‘tache: Burt Reynolds, Tom Selleck and Freddie Mercury, but they were exceptional cases. Actually, there’s arguably one more (I say arguably because he was an actor on whom it wasn’t a permanent feature, unlike with Selleck) but I’ll leave you guessing!