Sapan Ghai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
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As is the case in many countries, I suspect that there are government regulations require that jobs are advertised to locals first before they can be offered to foreigners. I suspect this is the legally mandated local offer which has been done through an agency so there is evidence that a professional third party has undertaken reasonable steps to make these hirews. In practice, I cannot see that there will be many locals with the requisite skills given the lack of mining projects in-country, so following the expiry of the offer date they can probably be opened to expreienced foreign staff. Still a very good sign as clear there is movement.
Well, I’m curious but sceptical of the job posts, could be an agency trying to build a speculative roster, or the company testing the water.
But the other things that I’m aware of make me more confident that this is just a matter of waiting.
- The 1st bank getting board credit approval
- Major MN getting board credit approval
- The second bank, TDB, having lobbied hard to add Ethiopia as a country member and having regular meetings with the company looks like it wants to progress.
These things take time.
Fundamentals remain intact.
Thanks for sharing the link which suggests things are happening behind the scenes. Just need the money!
From the lse thread Sharezy
htTps://www.ethiojobs.net/display-job/531722/Logistics-Superintendent.html?searchId=1714125240.0627&page=1
Guess the relvence is it a logistics job that involes shipping things to TK,
another job that involves preparation for and resettlement Project and construction of mine administration and accommodation infrastructure all the jobs seem connected to the launch of TK in one way or another.
Good find sharezy,
With applications closing today, i'd expect offers to successful applicants to be made tail end of May.
Offers would not be made without surety on financing and project launch.
This ties in with the recent interview stating end of May
Should change the name to something that rhymes with what you find in the bottom of a bird cage.
That’s a reassuring find Sharezy.. my thanks too
Great find sharezy.
Nothing new.
Get the funding sorted!!!
Can't pay people without the funding. Oh I forgot, a placing would come in handy. Lol.
THANK YOU Sharezy
Selling at these prices, at this time is a curious behaviour.
All points towards launch probably sooner than later.
https://www.ethiojobs.net/search-results-jobs/?action=search&listing_type%5Bequal%5D=Job&keywords%5Ball_words%5D=TKGM
In case link above doesn’t work…
https www ethiojobs net/search-results-jobs/?action=search&listing_type%5Bequal%5D=Job&keywords%5Ball_words%5D=TKGM
I worked with a chap a long time ago nicknamed Harry-the-b*st*rd. The sort of smooth talker who would run the kitty on a night out but leave you to pay for your own drinks and he’d have a much better evening than us.
In May
The last interview I watched he said sometime May would probably be when all the finance is in place.
Plan B more dilution.
At this rate gold production will be 2027 at the earliest.
Looking like 0.5p is approaching faster than I envisaged. Hopefully this isn't a prelude to Harry confirming the withdrawal of the 2nd bank from the finance consortium. A plan B won't look pretty!
The delays in the 2nd bank sign off on TK finance will put a lot of potential investors off putting money in here atm imo. Harry ought to update shareholders. In the meantime the SP continues to drift down towards 0.5p.....
Https://source.benchmarkminerals.com/article/copper-underpins-bhps-39-billion-anglo-american-takeover-offer
https://www.bbc.co.uk/news/articles/czrxm4pljlwo
https://www.ft.com/content/ca336820-c0d3-400b-8ed3-666f4caec2b7
The big prize for BHP, the world’s biggest mining group, is taking its rival’s prized copper mines, as well as bolstering its position in iron ore and metallurgical coal; two key steelmaking ingredients.
The world’s largest miners have made it no secret that they want to grow in copper. The highly conductive metal is predicted to have massive shortages in the coming years as demand surges for renewables, power grids and electrical cars. Yet prices are too low for miners to develop new mines. The industry’s top executives are all betting on a price surge in the years ahead.
Is that June this year? lol
Where will we end up today?
Will we see a Friday sell-off after the steady fall over the last few days
Long way to go until the end of June
I feel sorry for all the bed wetters when this goes down two or three percent, if we do get the final funding from the second bank this rise 50% in one day. If there was any bad news from the second bank then it regulatory to RNS, s*** or bust
As can be seen with the sp in the red, yet again.
We are getting our plonkers pulled here.
How much longer can this go on?
HtTps://www.zerohedge.com/commodities/bhp-proposes-39-billion-takeover-over-anglo-form-copper-mining-giant (copper)
About a year ago, billionaire mining investor Robert Friedland explained to Bloomberg TV in an interview that copper prices are set to soar because the mining industry is failing to increase supply ahead of 'accelerating demand.' He warned:
"We're heading for a train wreck here."
Friedland is the founder of Ivanhoe Mines Ltd. He continued, "My fear is that when push finally comes to shove," copper prices might explode ten times.