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Pretty much describes 90% of African counties unfortunately
Already answered this on Advfn the poster is totally clueless about Ethiopia i would say use your own material but maybe not.
Famine in Tigray was confirmed 12th Apr by UK Gov't minister who visited! Worse than 40 years ago.
AA control with a Oromo puppet but ruled by Amhara's.
Omoras' were sold down the stream. Known fact.
UK Gov't trying to bail the famine in Tigray, too little too late.
Tigray and Oromo group up and there's Civil War = KEFI bust
Tiqrayans (The North Tribe), could elect to fight alongside the Oromo (OLA) tribe to defeat the Amhara tribe, who are not only in the minority, but ruling with fear.
Hence the murder of outspoken critics such as the young man Bake Urgesse.
Tulu Kapi, is 360Km West of Addis Abba,
The total area is occupied by Oromoas
Cut the current central force off in just two directions, job done. Check the map and go figure.
There are two tribes that wish to be given civil rights, the Tig's and the Oro's.
Until such time, the dig date at the so called goldmine, production date of 2015 (still quoted on an old web site), will remain producing cocoa beans etc....
I do sometimes wonder if they already have.
The fact that this mine is supposed to be such a good earner and yet the banks cannot sign on the dotted line.
100 million mc so about 2p.
More pertinent question would be to ask the price when TK finance fails to materialise.
Famine + Assassinations of political opposition leaders + Separatist violence + the capital experiencing terrorism all are perfect ingredients for the banks to walk away.
Without stable and persistent security...... it's all over for KEFI TK
Predictions on where the sp will land if finance is achieved?
To predict the drop.
I think we'll get another update from Saudi in the next week or so to in an attempt to cheer up the troops. Won't have any impact on the SP as that is entirely dependent on TK finance approval (imo) but will give us all something (positive?) to focus on...
Its getting that way.
Time seems to pass ever faster by the day. I've been in/around this share for 4 years now and have long assumed that Saudi is where the money is at.
The Ethiopians are just too poor to finance the TK project.
So, unfortunately, I'm already sort of past caring!
Won't care? Just maybe, you will!
Life's just not that simple.........😒
Give it a year and Harry will likely change the name of the company and Ethiopia will be quietly forgotten.
I have two investments here:
- the Saudi ISA fund (expecting full dividends)
- the bog standard Share Trading account
The Saudi ISA shares are for my retirement years. The standard account is for any 4 to 20 baggers along the way.
I'm not expecting Harry to get Ethiopia over the line, and in a year I won't really care.
GLA
He is a grand master at pulling the wool....
So many times he has been required to broadcast the awful news that Kefi is not on track; and then required to sign off a litter of documents detailing the discount issue prices for his mates in finance.
We still need him to let folk down in the way he knows best.
Interesting that Kodals sp climbed massively on run up to its funding package yet here this one isn't budging with funding around the the corner. Strange as they normally rise on anticipation.
This will potentially play out in the same way as Premier.
Having already invested I was looking forward to Harry's interview/video. What a disappointment and what similarities to George Roach at Premier.
Any CEO who presents to his Shareholders with such Laisse Faire verging on boredom should step down.
HE1 had laisse faire CEO (David Minchin) but were saved at the bell by much maligned fresh blood Lorna.
Now David Minchin has recreated himself aligned to Bo Sears at Hex? You had nearly ten years at HE1 - you did not produce and neither did GR.
Harry you give the same disinterested interviews as GR.
PLEASE be genuinely interested/invested or pass on the opportunities - out staying when you are clearly ready for retirement benefits no one.
Give that growth and opportunity to our youth and global future 🤗
Amen to that Qnard. Most people see what they want to see, or expect to see. But as you say, the reality may not be so. My view is that the SP is the ultimate indication of market supply vs. demand, and that is beginning to firm up nicely just below 0.6p. News will send it one way or another. I expect up, but we will have to wait and see.
Well my 6,000,000 (3,000,000 sell & buy) bed and isa is not showing so I wonder if it is part of the 13m. As has been posted on here multiple times, you can't rely on the accuracy of this site to show if trades were genuinely sold or purchased. Nothing to wet the bed about, price has hardly changed...
There's a longtime until June. We are seeing people selling up and no doubt putting their money to better use elsewhere.
13 million reasons why this is looking one-sided. Someone got cold feet after all.
More of the same on the horizon.
Not much downside risk at this SP imo but bags of upside if things progress as we hope in both jurisdictions.
Just bought 2 X 250,000 shares, back in again since exiting all positions back in March 2011.
Lets hope they can stick to their timeline for this year.
Made good money back in 2011 hoping for the same this time around.......
Predictions a bit pointless, reality is never what HA perception is.
If it goes just a few rungs up the HA seven rung ladder I'll be relieved.
95/5 in favour in my opinion as lead bank and government have already approved
HAA seemed to be suggesting that news is due on a number of fronts in the latest interview. Not that many believe this man after the latest pre Placing 'pump' regarding imminent TK finance! If i were a betting man I would say the chances are more 70/30 in favour of finance sign off...