logo-loader
viewKibo Energy PLC

Kibo Mining CEO fleshes out landmark Chinese deal

Louis Coetzee, Kibo Mining’s (LON:KIBO) chief executive officer, talks Proactive Investors through the finer points of the joint development agreement unveiled today.

The AIM-listed company today announced it has signed a development agreement with Chinese engineering firm SEPCO for its Rukwa coal to power project in Tanzania, sparking a 70% rise in Kibo’s share price on Monday morning.

Coetzee sets out the timeline for Rukwa, discusses the progress at the other projects in the group’s portfolio, and hints at plenty more news to come for investors.

Quick facts: Kibo Energy PLC

Price: 0.2625 GBX

LSE:KIBO
Market: LSE
Market Cap: £362.2 k
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Alpha Growth PLC’s Danny Swick and Austin King describe the BlackOak Alpha...

Alpha Growth PLC (LON: ALGW) Chief Operations Officer Danny Swick and Investor Relations Officer Austin King joined Steve Darling from Proactive with news the company has started their BlackOak Alpha Growth Fund which is their life settlement investment fund geared toward U.S. investors. Both...

10 hours, 25 minutes ago

2 min read