The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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It's getting harder and harder for people to be negative on this stock as project launch approaches
"This WILL get done quickly” "This SHOULD get done quickly” well it should and it did pity they did not hold over the news and release it early morning but guess they had to release it as soon as it happened in case it leaked.
“In addition to the historical KEFI investment of c.US$90 million, and the planned secured debt and mining contractor components, the US$130 million equity-risk component has been allocated within the project finance syndicate and comprises equity-risk notes to investors already active in Ethiopia and share issues by TKGM and KEFI Minerals (Ethiopia) Limited to Federal and Regional Government. Bank credit approval will allow formal Board approvals to proceed for the equity component and, subject to final confirmations, all Project funding will have been secured.”
Recognised historical investment of ninety million 90 million dollars that will feed through to share of TK and a market cap of 44.53 and that does not include everything else just shows how miss-priced the market cap is.
Time to get closer to 1p before the final funding package.. :)
NOT ABLE TO BUY
Well done
In auction
Manu - I can understand why you are saying what you are saying.. lets see if HAA delivers the finance package which should be a formality after this regulatory approval. or does a placing as you say or both.. if the finance is sorted, there are warrants at along the way for more funds..
Not dismissing you just yet - happy to wait and see...
Would you not consider getting in at this stage or do you think HAA will never deliver the funding package?
Trading suspended?
Same old spin, placing on the way me thinks.
If the trigger price is 0.7p they aren't going to start doing it until well past 1p IMO
How many shares at 0.7p? and which RNS are you referring to?
Warrants are as good as done just a formality this is gonna rock it to new highs in the next 3 to 4 weeks
Gemgee - do you know at what share price warrants will be triggered?
Share price will take care of itself.. I am glad that the regulatory approval is now sorted. HAA can move to final step and close this for good.. :)
I am personally not worried one bit about the share price.. :) we will see a rerate as long as HAA delivers.. 1 step closer..
At last, Shame about the timing though - as a 0700hrs Monday morning could have bagged the SP - but I suppose it would have leaked later today anyway. Next week when the markets wake up should see this reach new highs.
Nearly 10% up now
Brilliant news sooner than we thought
Big rerate coming.
This will sink in today and tomorrow for the rest of next week maybe brilliant news this is going to happen
DVH - market will wake up when that $390m is signed off.. which is a formality.. what a time to be in getting in KEFI.. frontier markets and the rest... 0.7p; risk vs reward at this stage of this approval is fantastic :) GL
Just taking up the MMs spare stock before they'll move the SP I'd think. Patience!
Bought in at 0.7 on the back of that RNS. Anyone have any price targets here?
You wouldn't think is was good news looking at the market reaction lol
Great news indeed.. we are 1 step closer.. :)
Damn. My top-up funds haven't hit my bank account yet! Keep the SP down for another day or two please! lol
I’m a bear most of the time but that rns is worth a whole lot more than 2%
Regulatory approval is a gigantic approval in itself.