{"id":5919,"date":"2016-09-27T08:04:29","date_gmt":"2016-09-27T08:04:29","guid":{"rendered":"https:\/\/kibo.energy\/?p=5919"},"modified":"2016-09-27T08:04:30","modified_gmt":"2016-09-27T08:04:30","slug":"unaudited-interim-results-six-months-ended-30-june-2016","status":"publish","type":"post","link":"https:\/\/kibo.energy\/index.php\/unaudited-interim-results-six-months-ended-30-june-2016\/","title":{"rendered":"Unaudited Interim results for the six months ended 30 June 2016"},"content":{"rendered":"<h5><strong>27 September 2016<\/strong><\/h5>\n<p style=\"text-align: justify;\">Kibo Mining plc (\u201cKibo\u201d or the \u201cCompany\u201d) (AIM: KIBO; AltX: KBO) the mineral exploration and development company focused on coal, gold, nickel, and uranium projects in Tanzania, is pleased to announce \u00a0its unaudited \u00a0half year results for the period ended 30 June 2016.<\/p>\n<p><!--more--><\/p>\n<p>Highlights \u00a0from the Chairman, \u00a0Christian Schaffalitzky\u2019s \u00a0statement:<\/p>\n<ul>\n<li style=\"text-align: justify;\">Key feasibility studies \u00a0on the Mbeya Coal to Power project completed \u00a0with \u00a0strongly positive \u00a0results;<\/li>\n<li style=\"text-align: justify;\">Agreement reached with SEPCO III granting \u00a0it sole bidder status for the MCPP EPC contract for refund of 50% of development costs incurred by the Company to date;<\/li>\n<li style=\"text-align: justify;\">Agreement reached to convert Sanderson loan of \u00a31.5m into a 2.5% equity interest in the MCPP project company demonstrates confidence \u00a0in the project;<\/li>\n<li style=\"text-align: justify;\">Recent appointments of reputable advisors and agreement \u00a0with \u00a0GE \u00a0International \u00a0has given renewed momentum \u00a0to MCPP as it approaches financial close;<\/li>\n<li style=\"text-align: justify;\">Plans well \u00a0advanced \u00a0to spin-out \u00a0Imweru \u00a0gold \u00a0project \u00a0into \u00a0a new \u00a0AIM &amp; JSE listed company, Katoro Gold Mining Limited, \u00a0raise funds and commence mine development.<\/li>\n<\/ul>\n<p><strong>Chairman\u2019s Statement<\/strong><\/p>\n<p>Dear Shareholder,<\/p>\n<p style=\"text-align: justify;\">I am pleased to present our accounts for the six-month period ending 30 June 2016 and report on significant progress on our Mbeya Coal to Power (\u201cMCPP\u201d) and Imweru gold projects. I outline a summary of the principal operational and corporate developments during the period below.<\/p>\n<h5><strong>Download Full Report<\/strong><\/h5>\n<p>[ott_teaser btn_text=&#8221;Download&#8221; btn_icon=&#8221;icon-right-big&#8221; btn_url=&#8221;https:\/\/kibo.energy\/wp-content\/uploads\/Clean-Final-Draft-Interims-Kibo-Mining-Plc-30-June-2016LLC.pdf&#8221; btn_target=&#8221;_blank&#8221;]<strong>Unaudited<\/strong> <strong>Interim<\/strong> <strong>results<\/strong> <strong>for <\/strong><strong>the<\/strong> <strong>six<\/strong> <strong>months<\/strong> <strong>ended<\/strong> <strong>30 June 2016<\/strong>[\/ott_teaser]<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>27 September 2016 Kibo Mining plc (\u201cKibo\u201d or the \u201cCompany\u201d) (AIM: KIBO; AltX: KBO) the mineral exploration and development company focused on coal, gold, nickel, and uranium projects in Tanzania, is pleased to announce \u00a0its unaudited \u00a0half year results for the period ended 30 June 2016.<\/p>\n","protected":false},"author":31,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[47],"tags":[],"class_list":["post-5919","post","type-post","status-publish","format-standard","hentry","category-news"],"modified_by":null,"_links":{"self":[{"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/posts\/5919","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/comments?post=5919"}],"version-history":[{"count":1,"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/posts\/5919\/revisions"}],"predecessor-version":[{"id":5920,"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/posts\/5919\/revisions\/5920"}],"wp:attachment":[{"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/media?parent=5919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/categories?post=5919"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/tags?post=5919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}