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This is for PE and the rest ....http://c.newsnow.co.uk/A/1047594830?-1375:748
Lets see what we get next week ....
Thank you for reply mr U.K. hope things improve with your family
Overman am here, not much new to say and urgent family matter been (and still) taking clear priority (you’ll see I’ve not posted much at all not just Kefi)
Where has mr U.K. investor gone
Ethiopia. has moved mountains to get its other projects up and running, it’s airline, textiles, I do t recall them all though Harry rattled off loads of industries the Ethiopian government got behind on a proactive interview a year ago, he says they are now pushing the country’s mineral mining companies to bring in revenues and jobs for the country, As we’ve seen the government is even relocating several thousand people to allow for the mining area’s, and this has been done sympathetically under international guidelines , Harry will deliver our funding ok and under these difficult pandemic conditions, He’s slogged it out over many years to get to this point, if it takes a little more time that’s also ok with me, but he will deliver ok.
Cheers everyone
You would expect that most documentation and meetings can be completed remotely. i recently had witness documents sorted over Zoom with lawyer so hopefully that is ok elsewhere in the world.
I was also impressed that in last webinar Harry explained it was possible to get to Ethiopia in October with Covid travel restrictions and was prepared for them so he has been doing some prep. Certainly the main impact on Kefi has been on international travel and practicalities but if he releases an RNS with the financial agreement but delays travel restrictions then that is key. However i am sure Harry will row to Ethiopia if he needed to. If the PEA for Saudi is good then this underpins Kefi market cap alone. Harry has talked multiples of TK so hawiah could be a $4-10bn copper and gold mine in the future where Partner in project is the Saudi royal family and country already offers 75% financing at low cost so its almost best project you could find. That respurce will just grow and grow.
Isn’t having elections as originally planned actually good news? The opposition argument before EG were using Covid as cover to stay in power. if elections go ahead as planned then govt are going to double down on making sure they go into elections with as much positive spin as possible and announcing project to create countries largest export mine i am sure will not go unnoticed.
This will be funding excuse IF we get one
Enjoyed watching the video. Thanks for posting.
Impressive stats and prosperous future for all.
Check Rick rules interview out, The coming bull market for gold, posted 1 week ago.
To be precise go to the" 20th minute" point and listen carefully.
Though to be fair the whole interview was worth watching, I would say he's a heavy weight in the investment world,
https://m.youtube.com/watch?v=Lwohm_D79Hw
CHEERS EVERYONE
Most of the volume was on the ask all week, and again today. Bid was weak especially today except for 1.1m at 2.30. For a time there was a 1m that suddenly appeared further up (2.35, 2.40? can't remember) but that vanished when I was doing something else, either removed or sold into, exposing next to nothing between there and 2.30. I popped a bid in at 2.31, which went, but they never went lower than that. They didn't for instance sell into the large order at 2.30, so I suspect it's still a large managed sell that's trying to keep an orderly market, avoiding the 2.30 as a potential stop-loss round number, or because there was enough MM activity between 2.31 and 2.45 for them to do ok. If it is a big managed sell and they find a range where they can keep dumping it, they'll stick with that. A shorter would just have dumped it to try to trigger the stops.
Well fk my boots...quiet Friday?
low volume but expecting a bump up this afternoon from the wouldn't want to be out of this over the weekend brigade. PEA almost certainly next week - If Saudi worth anything like £48m (and should be worth a lot more) then could double SP (fingers crossed)......
They are probably right in the very short-term as Spreadex continue selling but it is more likely Quiet friday before the storm. I wonder if BB watched the last webinar with expectations of RNS updates but would not be surprised with a monday PEA and putting out early magnitude larger copper find in Saudi on the map. If Kefi TK has 1m indicated gold or $2bn then we are presumably talking a multiple of this for the Saudi find just on scratching the surface and they have not even looked at depth or along the whole strike. Our market cap is £48m lol and TK is ready to blow. Once Spreadex moves on things will motor but its times like this when people will look back and wish they bought some in the lulls :)
Just notice British Bulls have this on a short from 10th Sept. Those bulls who woke up this morning must be feeling incompetent.