Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
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Goldboy - I haven’t changed my mind once, you mistake understanding the company (naturally every company has positives and negatives) for something else. I even said there was resistance at 1.6 then it would go to 2.7. I also called the buying opps post results and at 1.3 pre the Saudi RNS. We can all read the RNS I provide useful interpretation rather than just pasting them.
Right now you are a lucky investor. I’m a good investor as I have made an educated decision based on all points.
You’ll laugh/dismiss but I was around when the last bull market turned (I sold close to the top) and people just like you who understood only momentum and no facts were crying about their losses because they actually didn’t understand what’s going on.
Quit criticising and you may learn something god forbid.
Oily and smelly were sussed it was just a matter of time before they threw the towel in
Thanks Positive for keeping this board real. Don't mind UKpassive/agressive he changes his mind every two minutes. He is in cahoots with smelly oil and his pseudo intellectual clap trap is a pain. You are a great help on this board and helped me to average down at 1.2P when smelly oil was ruining this board.
2p it is then!
Early days yet, if the TK financing package gets done soon.
Daily posts under 50 is nothing, especially when still concentrated on a handful of stalwarts. The "crowd" hasn't discovered Kefi yet, or daren't! Multi-year break out on the cards if it can close above 1.85p.
It's been a long time coming.....
Really happy for the long-term holders, 2p is still cheap. I can't wait for Saudi news, and then September!
I think it will be and then could rise quite fast to 2.6ish, hopefully
1.97p paid - 2p or not 2p? That is the question....
"Tulu Kapi is the first modern mine development in Ethiopia for decades and we could not ask for a more committed community and Government. This Project is a national priority and will be the largest single export generator for Africa's highest growth country.
"Given the robust economics of the Project we have received significant interest to potentially provide the outstanding asset level equity and other forms of duly subordinated investment.
"Our discussions are progressing with Ethiopian investors and international specialist mining financiers, with the aim of securing the required Project equity ahead of closing the full financing package in October 2020."
KEFI are in the strongest position they have ever. Been in. All of the past led to now, and when the deal is likely concluded, KEFI is a 100s of mil a year country changer.
SS200 - hope so, close!
Typing in response to your accusations, only ways it's useless is if your comments are irrelevant, maybe they are....says more about you than me attacking just because I'm not agreeing with you in the right way. Why not focus on Kefi instead
Even now, useless typing.
· TKGM is already in discussions with a range of Ethiopian investors and a number of international Specialist Mining Financiers, introduced by its shareholders KEFI and the Ethiopian Government, to ensure the required Project equity is secured well in advance of the closure of the full financing package in October 2020.
· Following the passing of the 30 June 2020 deadline, KEFI is now in a position to look to draw these discussions to a conclusion.
· As a new development, based on discussions and proposals received to date from Specialist Mining Financiers and Ethiopian investors, TKGM is now also seeking to potentially reduce the number of shares it issues to any third party by increasing the amount of funds raised by TKGM from the Specialist Mining Financiers in other acceptable forms, and by doing so increasing existing shareholders' ultimate beneficial interest in TKGM. If successful, this would have the effect of increasing KEFI's beneficial interest in TKGM above the planned base case level of 45%.
Everyone who watched the most recent q and a can see this deal will highly likely be done also at a higher percentage than 45%
TKs NPV to kefi will be 270mil plus
Hawaii will have a 200mil+ NPV
Both open at depth.
And JK has 30mil start up costs to fund for 700k Oz.
2p is still cheap
2p+ today!
Whereas calling me a deramper is just silly...bought UFO at 0.205 straight off this morning = smart. I wish you all the best too as our interests are totally aligned despite what you seem to like to think!
Your a smart silly person. I wish you the best, but you spend you time and energy in the wrong way I feel. I wish I could type as articulately as I could speak. 2p will break anytime soon
+ve: No desire to learn only to passively pump (and proposition here is so good its not needed).... am not waiting for anything I'm fully in, you can see I've posted that I've bought several new gold stocks today elsewhere and have never posted on the boards before, I research and buy.
Revenue is a fact but as you know net cash post costs is the relevant fact.
These are clarifications, need to be very thin skinned or stupid or both to call me a deramper from even a cursory look at my posts today. I still haven't sold any and bought most way lower.
We will end up the same place but I will do it with a bit more class, ie without lying or misdirecting, or failing to clarify any statements that may be untrue but fit my agenda.
KEFI is confident that u/g drilling where avg grade 5.7g/t, is capable of increasing the resource quickly. The 140koz pa initial production target can rise to 200koz pa. All this excludes satellite deposit. The open pit NPV is x10 mcap of £18m and including the underground, closer to 19x.
200k Oz per annum at $2000 = 400mil per annum
FACTS
I'll settle for breaking 2p today and then move on to 2.5p and beyond (Zac said 2.5p, even TW suggested 4.25p! short term)
And should be atleast 2.5 already. Saudi news due which is not priced it, gold at 2040 and September a few fees away. Fear of it running away when people think they have time to wait. So many passive derampers who know exactly what's going on. Anyone with a basic calculator can see we're worth more than 35mil at present and that there is alot money to be made here.