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Fivecandles, that’s pure speculation based on…. Well nothing.. thin air…
If it was based on something, you might have a point.
It is taking its sweet time, pretty sure we’re all aware of this.
But the facts remain - on track to compete funding.
Maybe put the computer away for a bit and get some fresh air.
That's a big jump from 0.563 to 0.564 must be funding now sorted lol
A good size buy 3.5M just now and paying just a bit more than earlier
16:01:44 - 0.564 - 3,544,431
All i am saying is what is the actual cause of the delay,we have a financial partner that is being offered a huge money making opportunity but they have taken every chance to stall the sign off.Could it be they love the project and the fiscal reward but dislike something about someone involved ? a trust issue ?
Join the dots and you will see what i am saying could be the real situation rather than what we would like to believe.
Metals have been rising and now is the time for the stock to go better like today.
Maybe its also time for some to have another look at the sock before is too late
spread 0.55 v 0.578p +0.012 but real prices are sales at 0.551 and buys at 0.5629p.
Get a grip man, news coming shortly we'll know either way.
You obviously haven’t been here for the last 5 years if you think investors have no ground to be negative and if they had the gift of hindsight not one would be here now . I’m averaging around .90 and thoroughly depressed with this company. Where’s the JQ DFS that was to be expedited oct 22 RNS .
Your comment is relevant to your agenda
Continued :
It is the rewarding of failure though that is perhaps the biggest kick in the cahonies,there also appears no logical mechanism to remove bad management here.How on earth can this continue,if we are still in this position in the year 2032 do any honest shareholders admit they should have acted ??
It such a shame what we are seeing before our eyes now,and this from someone who is a long standing bull of Kefi.
When I read negative comments, it's hard to believe that they're written by people who bought shares. So these comments are probably written by people who have nothing to do except negative comments. Everything will become clear soon and I believe it will be positive for us.
Kefi come on
Give it a rest FiveCandles, you are embarassing yourself
The benefit of removing ARRY right now could be life changing for shareholders,it could actually be the case that he is the problem in the sense that certain parties and certain funding partners do not simply trust him.If say for example we had a new appointment as CEO,someone with a record of delivery and competence,with regional and governmental expertise it could make the difference in terms of speedy sign offs and even future deals.
As someone who has previously defended the guy to the hilt,i do find myself somewhat in the harry out camp now because we simply cannot proceed another year in this vein.And lose such precious time anymore,in reality could a more competent CEO have already had us up and running at TK and giving good dividends ?? i think the answer to that would be yes most likely.Hence the frustration of the current death spiral.
EL - comedy indeed…
I’m not sure what benefit removing him would bring.
In fact, it would almost certainly be a huge mistake.
If things do go pear shaped here, it changes things quite a bit.
But the indications at present are that things are progressing and will close as expected.
It's a comedy on here at the moment. I suspect a number of 'adults' (I count myself among them, though you can judge for yourselves) are simply lurking, uninterested in joining in with the ramping/deramping/manic-depressive nonsense. Thank goodness there are still a few (Rob, Nick) willing to counter some of the noise. If you can't handle the heat, get out of the kitchen.
The elephant in the room has always been the stability of ethiopia as far as TK is concearned,and the level of mis-trust of the inherent corruption of the political class there. Harry has tried his best but ultimately he has no control whatsoever over the appetite for risk in such a jurisdiction.My gut feel is it will happen one day but we also have to face the stark truth that it might not for the above stated reasons.It would not be the end of Kefi by any means but we will not get through it easy without fresh injection of ideas and a reliable source of capital ( aside from confetti manufacture ).
Harry Adams only has a short time left to get this over the line or the clarion calls for him to step aside will sound louder than a vuvuzela through a megaphone IMO
NickE, agree completely, a very sensible post
like a pantomime on here... "oh yes they will"...
is ha the villain, or widow t****y? :)
of course there's lots of possibilities for what "might" happen, but the direction of travel has been positive since last year, with some clearly explained reasons for delays.
this project could never have got off the ground without the capital controls being waived.
security has been addressed time and again. it is not security holding anything up.
government has approved
lead bank has approved
some of rest of syndicate has approved
second bank is in approval process following the first, expected within weeks - the last indication in my previous message from march "next month"... which is now... maybe not april, but news within weeks.
not a lot else to discuss - other than - 'how many shares do you own' and 'what price did you pay'....
not saying this can't go pear shaped - that's always a possibility.
but this is progressing + the rest is noise....
Probably explains why the MMs reduced the bid yesterday to 0.534p. Bid and ask have moved higher this morning...
Its perfectly understandable if you have a large position that needs protecting or if you want to buy more shares at a cheaper price when you know others will become impatient.
FU its from yesterday when the price was lower and shown as another unknown trade.
It does seem we have shorters at play here :-(
Not what we wanted at this key time.
Short closing. I expect news imminent. Positive sign.
32,5000,000 sell just popped up.
Does not do much for investor confidence?!
The decision making structure could be constituted as follows:
General Meeting: The ultimate decision making body of the Bank comprising representatives of the different shareholders involved.
Board of Directors: The second level of governance responsible for overseeing the conduct of the Banks management and championing the realisation of its corporate goals. The Board shall perform some of its roles through the following committees:
– Executive Committee;
– Credit /Investment Committee;
– Audit and Compliance Committee; and
– Risk Management Committee.
Management Team: Responsible for co-ordinating the day-to-day activities of the Bank and ensuring the realisation of their overall business and strategic goals. The Banks team shall comprise the Managing Director/ Chief Executive Officer and other executive management staff.
When you take that into account, we are where we are.
Nicked, no i have just been thinking reality is kicking in here, i am still a bull for Kefi but doubts over harry,s abilty are now front and foremost in my mind. I have given harry the benefit of the doubt for many years now but my patience is wearing thin now. By the way i do not trade shares like this,i have a long term investment here that is now just barely a few k,s in profit but i will not sell at this low level. The only thing that would genuinely cheer me up here would be a big top up at sub 0.40p to be honest,just to reward my longevity here if nothing else.