By Ben Turney | Wednesday 15 October 2014
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.
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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