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RE: Operational Update - Are We Looking at a Monday Morning Placing?Mon 22:17
I think we are finaly looking at a turning point in the war here. Ideally, this would lead to a ceasefire but if they all keep away from TK that woudl be good enough for now... The victory means the TPLF has been almost totally pushed out of the lowlands and the path of advance eastward toward Mile, which sits on the A1 highway toward Djibouti and which the TPLF has been trying to press toward for weeks, is now blocked. The TPLF has also encountered stiff resistance by the ENDF and Afari forces east of Bati, to the south of Chifra, blocking its advance on Mile from the southwest. Unconfirmed reports on Monday suggested the ENDF had also recaptured Bati, which is in eastern Amhara state, but there had been no official declaration of the victory by the government when this story went to publication. https://sputniknews.com/20211129/photos-ethiopian-army-recaptures-strategically-important-town-of-chifra-on-edge-of-tigray-state-1091119729.html
RE: Operational Update - Are We Looking at a Monday Morning Placing?Mon 19:59
What do you mean LL. armrest you saying small cos with an asset/license/patent are worthless until they produce something? Don’t think AIM is for you mate. Go for Rio Tinto, they produce tons of the good stuff. Meanwhile small exploration companies on the cusp (hopefully) of development is where I think the value it.
RE: Operational Update - Are We Looking at a Monday Morning Placing?Mon 13:23
I have also started to add at sub .9 as while you cant always believe what you hear it does sound that the TPLF are being pushed back. I suspect once the EG have done that both sides will acknowledge this cant go on forever and the EG are democratically elected by the majority of the population and hopefully start some negotiation. Its a calculated gamble as such but Hawiah is the biggie quietly evolving in the background and that is the backstop, not mention Jibal license update. As to placing its hard to call. Harry and main investors have so far been very against but obviously things have changed and delay is longer. However they planned on no raise before the 31st December financial completion and they would not have done a placing before that so i do not see why they will not wait until the New Year and see and what transpires. Furthermore loans have been provided simply and effectively in the past and clearly Harry would prefer that route. Given the loans are done with the main shareholder there is a good chance they are on the same page. There is a fair chance that peace talks will commence in the next few weeks and if that happens and Kefi has moved technicalities along while Kefi are in Ethiopia then i think as much as possible can be done in the meantime. Certainly Harry has a big bonus for anything coming to fruition and he still seems confident of some further constructive update in December. Many many projects continue to operate normally and given all finance is local this is also positive as they all know the score. Certainly if Kefi can get something concrete then they know where they stand and what is the best way forward. Certainly just for Hawiah we are grossly undervalued. GLA
...only a matter of time based on the discussions here about military campaigning before Adams appears in fatigues with map pointer and military map to give s/holders his view. No doubt he will make sure he has the appropriate red shoulder tags to make sure he is a general. Farcical situation which will end soon and badly
on FB Ethiopia is still a place of huge investments beyond rumors. Today we have had extensive and constructive discussions with Australia, Sweden, Canada, UAE and Italian mining companies. It is stated that they are interested in more mineral investments than growing the investments they have in Ethiopia. We have agreed that they will get the right support on our side. Today's discussion has proved that our country's mining sector is capable of attracting huge investments. Our struggle will continue in every front. At the end Ethiopia will win!
RE: Operational Update - Are We Looking at a Monday Morning Placing?Sun 20:04
It's about supply lines - TPLF basically driving down the A2 towards Addis - but if they are cut off at the rear (look at this map) they are well and truly b*ggered https://www.google.com/maps/place/Chifra,+Ethiopiaemail@example.com,39.2653228,9z/data=!4m5!3m4!1s0x1638aae10881abf9:0x9feca1c14ff32342!8m2!3d11.6073847!4d40.0158739
RE: Operational Update - Are We Looking at a Monday Morning Placing?Sun 19:17
One of the articals state 31st january...and it states hopefully..we are looking at april before finance is here at least ..then it will have rainy season excuse then comes september...having said that the Ethiopian army are advancing well and cutting off all supplies..plus we know now that sudan was helping TPLF ..but nn more ...i think next week there will be a surrender after amhara is back in control og EG...where was this massive army that was close to capital...
RE: Operational Update - Are We Looking at a Monday Morning Placing?Sat 22:22
I think Harry Diluted Saudi Arabia by 2 1/2% to avoid doing a Placing, Once we get news of peace talks Which can’t be far away, everyone will put pen to paper and we’ll all be happy. (hopefully before Christmas).
RE: Operational Update - Are We Looking at a Monday Morning Placing?Sat 16:09
I'd suppose the terms of the debt (ie, end of Nov) can be rolled forward, since the aim was to avoid dilution (and that was at 2p, let alone 0.83p). During the delay, costs would have been mainly paperwork and travel, not work on site, and that I'd suppose would therefore not have increased that debt dramatically beyond what was originally expected for October agreement.
RE: Operational Update - Are We Looking at a Monday Morning Placing?Sat 15:03
They should focus on finally getting Ethiopia done, and not waste dilution on more holes in the ground in Saudi. I suppose if they do the former, they will probably place into the subsequent rise for the latter; that's not as bad.
Ethiopia wants to reduce it's imports; (from Mining Minister on FB) We have had a good discussion with various ministerial offices and investment commission regarding the ways to increase our national production capacity. I am very happy to have met professionals who have done thesis that can make a difference. I would like to thank everyone involved in the work. We have decided to reduce our foreign existence by using our country's metal, cement and coal resources. I would like to thank the leaders who are working their part in this difficult time.
The Ethiopians have been having some success on what was the Afar front pushed back the rebels to Chifra and Bati. If they took Bati then took Kombolcha would cut off most of the rebel supply lines. If they took Chifra then took Woldia (Weldiya) could do the same.
Cannot rely on either side to be totally accurate though usually have to wait a day or two for some kind of information confirming claims. Doubt the Ethiopian forces are just about to sweep into Tigray anyway as that would be the wrong move militarily.