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Go now HArry before your promise is broken! Signoff by mid year 2024, so you have 30 days left to give us the good news. Dont let us down again!
"Is there any Gold and Copper at Tulu Kapi? Both at records and still NO financing after 7 years??"
its taken so long its now all dissolved :-)
LoA - any evidence of this saying pending finance? I have it showing as Active as far back as 2021 from previous screenshots. There's also no reference to MOM\LSML\81\2015 on Google that shows anything other than Active since it was issued in 2015?
Weird as you posted pretty much the exact same a year ago minus 12 days:
TKGM Licence 13 May 2023 08:47
Sorry if this has been posted before. Searching for company licences on the Ethiopian mining applications portal. Our loot now comes under Tulu Kapi and not Kefi with a status of “Active” not “awaiting finances” as it did before. All looks promising here. GLA
Plump profits (after all costs) are obviously going to be connected to the share of TK.
htTps://www.kefi-goldandcopper.com/files/presentations/kefi-swiss-mining-institute-20mar24.pdf slide 10 “The expected beneficial interest of KEFI in TKGM is c.70%.”
As for profits themselves depends on the price of gold at production bar an offtake arrangement personally would not be surprised to see three or four thousand gold by then (maybe even more) and breakeven cost at the moment are 1254, depending on the gold price how many billons in total revenue before costs. Possible that due to the higher gold price the pit expansion (as TK is open at depth) happens earlier.
Hi all,
Ethiopian mining map
Mining map link
https://ethiopian.portal.miningcadastre.com/MapPage.aspx?PageID=a16a9300-7c58-4f81-9e5c-97e13b22b0c6
Sorry if posted before. I've notice our Large Scale Mining Licence Tulu Kapi is now "Active" after waiting many years stuck in a pending finance status. search for MOM\LSML\81\2025 (OR TKGM)
KEFI have also request further licences which are pending documentation verification
search for MOM\EL\04351\2023 AND MOM\05471\2023 (OR KEFI)
I hear the medics are prescribing a read of Dan's posts as a cure for insomnia....
That’s all documented in the most recent presentation published on their website.
@Dan. You are repeating yourself… That’s an established fact…
What percentage of profits come to Kefi or is that a taboo subject at the moment
Is there any Gold and Copper at Tulu Kapi? Both at records and still NO financing after 7 years??
Gold AND Copper at records. No sign of Finance. Question:Is there any gold or copper at Tulu Kapi Harry Madoff?????
Https://gulfnews.com/business/markets/saudi-mining-giant-maaden-to-raise-stake-in-phosphate-entity-after-deal-with-the-mosaic-co-1.1714461992894
https://www.mining.com/mosaic-sells-saudi-jv-stake-to-maaden-in-1-5-billion-deal/
https://www.zerohedge.com/news/2024-04-30/ross-norman-golds-record-highs-driven-china-what-happens-now
https://www.zerohedge.com/markets/gold-flowers-amid-april-stagflation-showers-stocks-bonds-crypto-crushed
https://www.zerohedge.com/political/von-greyerz-real-move-gold-silver-yet-start
https://www.zerohedge.com/commodities/only-safe-asset-chinese-consumers-overtake-india-gold-buying-frenzy
https://www.dailymail.co.uk/news/article-13367007/China-buys-huge-135billion-stockpile-gold-raising-fears-Beijing-preparing-invade-Taiwan-protect-economy-event-Western-sanctions.html
You can also just click on the dot where Ethiopia is on the map.
Go to link, scroll down to Locations, click Africa, click Ethiopia, Tulu Kapi and KEFI listed
There's no option to do that on your link
Go to link, click Ethiopia, Tulu Kapi and KEFI listed
Sorry Robbie can't see where are you looking
Lycopodium gearing up. They have the TK project on their website.
https://www.lycopodium.com/where-we-work/
Initially the key was the 1st bank - when the 1st bank is approved, everyone else follows.. is what we were told... :)
Now we have waited for how long for the 2nd bank.. it is incredible..
The key is the 2nd bank! Surely we should be receiving an update (and from Saudi!) very soon....
26 Mar 24 RNS: 'I can also advise the Company has received confirmation from the co-lender Africa Finance Corporation ("AFC") that its approval processes are underway and progressing well for its-intended US$95 million investment, which would provide the balance of the required funding for Project launch'
I didn't expect to see us at these levels especially when we are still on track.
This is getting a bit like "catching a falling knife.'.
This was supposed to be going" up in multiples" ....not "going down in multiples.". LOL
The clue is in the sp falling. That says a lot more!
Picture changed on copper and M & A activity that after there has been a sea change on gold kefi second and third man projects are gold and copper the clue is in the name of the company "kefi gold and copper".
No positive shoots to change the perspective. Unless you know different, of course.?
You never do FU2.
https://www.bnnbloomberg.ca/video/ivanhoe-mines-presses-ahead-with-expansion-that-will-make-it-a-world-power-in-copper~2873800
https://globelynews.com/world/copper-is-king-inside-the-global-dash-for-this-critical-metal/
https://www.bnnbloomberg.ca/video/rick-rule-discusses-ivanhoe-mines~2392154
https://gfmag.com/capital-raising-corporate-finance/mining-mergers-acquisitions-intensifies-reunion-gold/
https://www.leaders-mena.com/saudi-arabia-to-secure-lithium-for-ev-production/
Copper prices now over $10k and gold above $2,300. Just need TK finance and we'll be well away....