In this exclusive MiningMaven podcast interview Kibo Mining's CEO Louis Coetzee provides listeners with an update on progress at the company's Mbeya Coal to Power project in Tanzania.
Essential listening for investors!
Read more ...
Last week Kibo Mining (LON:KIBO) released the findings from the second phase of its Mining Pre-Feasibility Study for the mining element of the Mbeya Coal to Power Project. Key highlights include anticipated annual estimated coal sale revenues of between US$48.4million and US$48.6million, all-in cost margin ranging from 49% to 62% (from which the company interprets that an annual profit margin of between US$24 million to $27 million will be generated). Applying a real discount rate of 5.5%, the best estimated Net Present Value ranges from US$211million to US$244million. In this exclusive MiningMaven podcast interview CEO Louis Coetzee discusses the significance of these findings. Essential listing for investors!
On 20th April Kibo Mining announced that the Company has signed a Joint Development Agreement in respect of the Rukwa Coal to Power Project with SEPCO III, one of the world’s largest and technically most experienced EPC organisations. We took this opportunity to speak with CEO Louis Coetzee in this exclusive MiningMaven podcast interview, to get his take on this significant development. Essential listening for all investors!
Read more ...