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You can say that again.
Can you just imagine, this board would lose it's sh*t big time!!
:-)
The Jibal Qutman Gold Project licence dropping while we await the TK financial package approval would be very timely.....
I just had time to watch the Assay TV interview with Harry; Robjm66's summary covered all the main points, thanks Robjm.
Good interview, didn't realise until now that HAA was Australian? Hmm..... Calm responses and good explanations of Kefi's present and emerging situation, Harry certainly seems happier and more confident that projects are coming to fruition. Now beginning to get a better understanding of what they are about and why there have been so many delays and issues.
Not over the line with TK yet but sounds VERY positive that will happen, unless something disastrous de-rails it at the last minute.
We all need to remain calm, have faith in Harry, and patience.
Lots of patience.
Like the 10p many years ago before the 1:17 consolidation ! That was history sir.
closing a little stronger hopefully today
It's like Snakes and Ladders, this share.
It's not really active enough for a SETS share, but I expect that will change fairly soon. I've not really sure what the ALGO bot is up to; when there are two they seem to jiggle quite a bit for 10 seconds or so working out a stable relative position. It would be easier to hit one of them then just for fun if IG would show and allow the 3rd decimal place in the price.
I thought that eric - you see some small shares trade nothing most days, but kefi always appears very active which actually i take some comfort in
Another MM moved up. Still positive despite a few sells. Looks like they can make a good market.
It's going to happen folks, These prices will be history very soon
Excellent interview.
Some of those figures mentioned are huge.
Mid cap status in 18 months if not sooner imo.
Yea much appreciated for that summation.
In Harry's words:
"I can tell ya, this team is absolutely determined to get Tulu Kapi into production".
In turn, they must be absolutely determined to get the finance signed.
NPV 9-12p not including increase gold prices, nor expansion in all assets particularly Saudi.
Great buying today, people are realising now and starting to take interest.
GLA
Nice summary Robjm66, haven't had a chance to watch the interview myself yet but from your posting sounds absolutely positive, surely excellent news on the way in due course here. Will watch later.
Cheers.
Part two
Saudi Arabia? Have both kefi teams here (Saudi and Ethiopia) Saudi highlight conference our people are quite prominent due to our discovery in Saudi Hawaih double the size of TK. Jibal Qutman popped up out of left field “sleeper”. Saudi now going for it with their mining sector now seeing movement.
Explanation of Arabian Nubian shield and that there are minerals there…same terrain as Australia…contracts kefi will be signing with contractors will add up to hundreds of millions of dollars over a life of mine so it takes time. Have to be tenacious and stay the course.
Could one project race ahead what are the milestones? TK first thing multi party signing then gradual ramp up into full construction.
Saudi Arabia looking for green light on Jibal Qutman in fact team their want to race
TK to gold production…getting confident that licence will happen. Hawiah resource will keep growing looking forward to good news flow.
Harry still pinching himself.
Assay TV interview harry at Indaba.. my comment in brackets will try to condense it a bit. Part one
“No longer a junior explorer now have a pipeline of three development projects equivalent of 5 million ounces between them in gold terms and they are growing.”
Intro..history lesson on kefi..company turned round since December pivoted to being three development projects.
Whats it like on the ground in Ethiopia now? Turmoil peaked last year (nationally) now you would not know there had been a problem (just looking at kefi site) transport routes calming down. Because of that improvement Syndicate all met here all agreed to press the button (picture of Syndicate elsewhere as well as renewed interest intentionally in Ethiopian mining sector) to precede essentially going will sign multi party agreement in the next month some preliminary activities on the ground.
TK 1 million once reserve plus 700000 ounce down below additional could be more. Country really keen for sector to get going..challenges of being first mover but also opportunity…thrilled to get going..
very upbeat