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Cannot see any updates coming out that quickly....it is needed.
May be the sellers have already sold out today...we'll have to wait and see.
"... companies like Inchcape and others they are not allowed to take money out of Ethiopia..."
How do we suppose that companies like Kefi might be allowed to take dividends out of the country to reward the patient shareholders (who have bank-rolled the project) if/when that time eventually comes?
Will we be any further ahead with up-to- date news tomorrow?
As each day goes by I feel for the share price. We need something in order to stabilise it. People's knee jerk reaction can have an impact as we have seen today.
Great find Rob!
20.28 minutes in
https://www.youtube.com/watch?v=LyKz9ljtUhE
Do you know anything about kefi..
“Oh yeah kefi is starting to move in the right direction after long long period of intransigence One of our guys was actually down in Ethiopia three weeks ago. Where they were getting a lot of the local bankers in Addiss together to prepare for the full funding of the TK gold mine. Yes I think that is about to happen..my fingers are crossed its been a long long time waiting for this but.. it looks like there is a lot of money trapped in Ethiopia, companies like Inchcape and others they are not allowed to take money out of Ethiopia so they are looking ofr a way a mechanism to utilize that cash inside that country and that's all coming together for the TK gold mine ..that looks good for everybody.”
With the Maaden Gold announcement in Saudi last week and The Big Mining Conference kicking off there tomorrow, do we ever think Kefi will get its act together and actually do something, in Saudi?
Https://www.youtube.com/channel/UCYWV9Srr_3J3ly4fIV7pE_w same but in case you do not have twitter 20.28 minutes in
20.28 minutes in
https://twitter.com/VoxPodcast/status/1744359481180393481
What will the market maker's do with this at end of play today
Absolutely agree 100%.
The small PI's have and will always be shafted here.
Not convinced small shareholders will anymore, think Adams has used up all his good will with most like the last time when retail didn't take up much and larger allocations went else where
i certainly wont be getting involved, seen nothing past few years apart from losses on what i have - only decent announcements and delivery of finance will get me interested again
My best guess is that the placing will be done @circa 0.50 especially if the upcoming warrants will be expiring. The board or II, will make sure that they don't lose out too much.
The small shareholders will suck it up as always.
If he is going for a placing he needs to hurry up or he might have a job getting it away
So when is the next one, as no doubt they have run out of cash by now from the previous one?
L L quite agree, could someone ask on Q & A about some details
15 million share sells and more to come as we move forward without any updates.
Or we could ask TW for an update lol
Some progress update pictures would be good, if any has actually been achieved despite what we are told
Possible fund raise? Nailed on probable given that Adams has a history of stiffing shareholders as you know over the last 5/6 years. I'm surprised that s/p is holding up as well as it is. when still no sign of any cash in bank after years of promises. Currently TK is just a plan on paper -no resttlement, no mine built, no gold etc extracted.....shameful frankly
Https://www.futuremineralsforum.com/conference/conference-program/
Developing responsible mineral value chains in Saudi Arabia
14:15 - 14:50 (Saudi time? January the 11th)
Brian Hosking
Chief Executive OfficerGold & Mineral Co
Robert Friedland usually a good listen as well he is on the 10th
HA is like a poker player, no one knows whether he is bluffing his hand or if it is for real.
Meanwhile he will be scuttling around looking for petty cash to buy another drill for his Saudi habit.
Don't mean this, does sound convincing though.
We don't need to be a genius to work out what's coming off here.
At what price, though?
Feels like further delays incoming (and a possible fund raise?)....
Just back from Ethiopian Christmas so lets see what news this week. I feel more confident that we will get the credit committee sign off and trust Harry and the EG to work together to get the project on track as it is now 3 weeks behind the date we were advised we would get an RNS.
Here we go again.
An utter, utter shambles.