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0.554p UT but spread 0.554 v 0.56p / once again SP has bounced up from the support
chart with comment ..https://uk.advfn.com/p.php?pid=chartscreenshot&u=q9/tcHxeFL08FnfU7oVRBriq5O2h01SrOwniHyG6h9I=
I wonder if Harry has a big short on Kefi as a safety net for his little nest egg.
With so many shares in issue the system probably wouldn't register a 20m short. LSE hasn't even bothered up-dating his holding from 2022 so this share is a wild wild card, way out there like a dwarf planet or something.
Mustn't smirk I am in too deep myself.
But do they allow shorting of kefi? i suspect not
Plus 500 set up an account they do shorts, good luck
Could someone please tell me a platform where you can put a short on kefi? im most interested to know
Machinations will no doubt be put in place to get out before they get really burned :-)
Bid was rising so shorts closing.
Yep, tick tock tick tock....
Many thanks NickE
Okay so no names directly mentioned, but Kefi is getting heavily referenced here
Ethiopia’s biggest export in the making (even before Gold taking off from $1600)
Looks like Kefi is going in the right direction
Kefi come on
Https://www.mining.com/sponsored-content/ivanhoe-electric-and-saudi-arabian-mining-company-maaden-complete-first-full-quarter-of-exploration-activities-in-saudi-arabia/
early exploration work will start in the second quarter at the ‘Gehab’ prospect in the Wadi Bidah Belt area located between 220 km and 270 km southeast of Jeddah.
https://english.news.cn/20240418/92937ebe5de746b5b53030b54c2ebe40/c.html
(Ethiopia general)
https://www.ena.et/web/eng/w/eng_4317724 (Ethiopia general)
https://www.miningweekly.com/article/rio-saudi-arabia-said-to-vie-for-stake-in-first-quantum-mines-2024-04-18 (Saudi African mining)
https://www.deccanherald.com/business/companies/uae-giant-eyes-majority-stake-in-vedantas-zambian-mines-in-expansion-drive-2985355 (Saudi African mining)
You've got to be patient! lol
Can we try to keep the TK funding dream alive a while longer before we go along with the Saudi Macguffin? I’m 113% certain it’s going to happen next month/quarter/year/October.
Remember the good old days of .8p? Reckon these will shortly be the good old days of .5p?
I’m sure we’ll all look back and laugh when this “multi-bags” from .1p to .3p in H2 2039…..
Ethiopia joined a year ago but AFC have been in the news recenlty.
https://newbusinessethiopia.com/finance/africa-finance-corporation-raises-1-16-billion/
https://punchng.com/afc-assets-hit-12-34bn/
Interesting. Wasn't Condorman mentioning something about that?
Shorter link rather than the Google search link:-
https://www.africafc.org/news-and-insights/news/ethiopia-becomes-africa-finance-corporations-40th-member-state
This has gone under the radar but it looks like a very positive development in the context of the second bank (Africa Finance Corporation) signing off on the TK funding. AFC states that Ethiopia has become AFC's 40th member state and references "a $300m pipeline of projects ...including mining."
"Addis Ababa, 3rd April 2023 – Africa Finance Corporation, the continent’s leading infrastructure solutions provider, today announces Ethiopia as its 40th member state ....
AFC has already identified a US$300 million pipeline of projects to capture value from Ethiopia’s metal and mineral exports and bring jobs in catalytic sectors including power, renewable energy, logistics, telecommunications and mining, advancing the country’s position as one of Africa's fastest-growing economies.... We are committed to working closely with the Ethiopian government and stakeholders to develop and finance integrated ecosystem projects that support the country’s vision for rapid and sustainable economic growth.”
https://www.google.com/search?q=ethiopia++imf+loan+africa+finance+corporation&sca_esv=6b1c5e95a3d0b06b&ei=9okhZrnPC9SThbIPxcaeoA4&ved=0ahUKEwi5ooOb1MyFAxXUSUEAHUWjB-QQ4dUDCBA&uact=5&oq=ethiopia++imf+loan+africa+finance+corporation&gs_lp=Egxnd3Mtd2l6LXNlcnAaAhgCIi1ldGhpb3BpYSAgaW1mIGxvYW4gYWZyaWNhIGZpbmFuY2UgY29ycG9yYXRpb24yCBAAGIAEGKIEMggQABiABBiiBDIIEAAYgAQYogQyCBAAGIAEGKIESPqjAVCACVjNngFwAHgBkAEAmAHpAaABlCCqAQcyNi4xMC4zuAEDyAEA-AEBmAInoAKJIMICBBAAGEfCAhQQABiABBiRAhimAxioAxiKBRiLA8ICDhAAGIAEGJECGIoFGIsDwgIdEC4YgAQYkQIY0QMY0gMYpgMYxwEYqAMYigUYiwPCAggQABiABBiLA8ICERAuGIAEGKIFGKgDGIsDGJ0DwgIOEC4YgAQYqAMYiwMYnQPCAgsQLhiABBiRAhiKBcICBRAAGIAEwgIaEC4YgAQYkQIYigUYlwUY3AQY3gQY4ATYAQHCAgYQABgWGB7CAgoQABgWGAoYHhgPwgIFECEYoAHCAgUQIRifBcICBxAhGKABGAqYAwCIBgGQBgi6BgYIARABGBSSBwcyNS4xMS4zoAex8AE&sclient=gws-wiz-serp
Saudi update next week?
There is nothing to show at this juncture.
No FUNDING, no DFS in SA.
You can bet as soon as funding is required in SA which will be imminent (lol) in order to pay ARTAR back or will get diluted, yet again. (All gone quiet on this.) I wonder why?
We have every right to be negative!
'Show us the MONEY.'
Not much sign of that happening anytime soon.
Caterham7,are you still holding your 28m?
So much negativity on this board.
To sit on the fence until the funding announcement is made then I'll pile in. Binary bet this.
GL
Condom man just how many Kefi shares do you hold……I guess Zilch……if so why are you so opinionated about Kefi ?
Why not openly back a different company with similar or better prospects….we would love your ideas!
My latest T/A on kefi suggests today is an important day,we need to close above a 0.55p bid to maintain our uptrend or we could be subject to a lower range test. The strong support previously shown at 0.50p should hold very easily this time around and is likely to attract high volume on the buy side around 0.50p - 0.516p. Those shorting this will be aware of the proximity of news so this next short attack maybe to coin a phrase "short lived " .
The close today is important.