Member Info for andysand

Ok:) Well, good luck. I will wait a couple of weeks to see what transpires. 2 weeks in an AIM share can be a long time!

You could be right. But don’t you find it odd that no contract has been signed for the bonds? All those millions of dollars yet Harry can say, at this late stage, why not get a bank loan instead? That would mean he has absolutely nothing in writing to guarantee the bonds. I find that strange.

Gecko. This week was when the finance was supposed to arrive. It didn’t and nobody really knows why. But on top of that was the strange talk of a second form of financing from banks, this deal has taken years to work out; why has another form of financing suddenly appeared? And why is Harry talking about it? Is there some deeper problem with ANS that we don’t know about?

So this news actually throws up a lot of questions and doubts. I sold first thing at 8am as I was uneasy about it. I would like to be a holder but I can’t currently as the goal posts moved today.

But everything could actually be fine. Just a delay which is par for the course in Africa. I would like to know more about this bank financing though before I jump back in as it came right out of the blue.

Agreed. Sort of. How will they pay their bills with nothing coming in? On the other hand, it’s market cap is so low that it might make a good short term trade just in case anything vaguely positive happens. Hmm

I don’t where they get 48 tonnes. But interesting...

https://theweek.com/articles/751973/ethiopia-could-sitting-worlds-great-untapped-gold-deposits

Just came back for a quick look. It’s surprising that it is still listed. It does have a good turnover though with the gold trading; just very tiny margins. A good ceo might be able to do something with that though. I wonder if there could be anything worth having here. Probably not, but will keep an eye in it.

Yes! Can’t be sure it’s Kefi but it seems likely given the timing.

I think I can explain the interest today...

“ For all media organizations
Addis Ababa
The Ministry of Mines and Oil has signed a Memorandum of Understanding with a major mining company and the Australian Institute of Geology to develop a competent and competitive human resource in the mining sector.
Therefore, on Thursday, November 27th, 2019,we will announce that you can attend our office in front of the Amateur Park at 8:00 am and take additional information”

At first, I thought this was not related to Kefi. But then I cross referenced with the last RNS to find a connection with AIG....

”The information in this announcement that relates to exploration results, Mineral Resources and Ore Reserves is based on information compiled by Mr Jeffrey Rayner. He is exploration adviser to KEFI, the Company’s former Managing Director and a Member of the Australian Institute of Geoscientists (“AIG”). Mr Rayner is a geologist with sufficient relevant experience for Group reporting to qualify as a Competent Person as defined in the JORC Code 2012. Mr Rayner consents to the inclusion in this report of the matters based on this information in the form and context in which it app....”

So there you have it. Make of it what you will!

They are deciding when they can get away with consolidating, and then having a placing. That’s my opinion for what it’s worth. So there will likely be very few trades until this has all been announced. It’s un-investable until then.

They need to lower the price. They will have to do that anyway if they get an NHS deal.

There is more to this than meets the eye. On a quick look, you would think that it’s all about mylotus. But a careful read and checking out videos will illustrate there is more coming. The testing device itself can be adapted to test for other conditions. Cancer for example. Anything really that can be identified with a sample. The company will likely announce a new product at any moment. So this is a great time to be in before the crowd. It will require some patience obviously. But honestly, this share price could go through the roof with a few rns’s. I like this new ceo; I think there are great moments in store for holders.

There are some hints about NHS involvement here:

https://www.healtheuropa.eu/mylotus-fertility-monitoring/90765/

I suspect we may hear news of NHS involvement. The NHS offers IVF so this would be a far cheaper option for them. Any hint of the NHS taking part and it will fly.

https://www.nhs.uk/conditions/ivf/availability/

Failing that, there seems to be something happening behind the scenes that we are (as yet) unaware of. The next few weeks should reveal all.

It won’t be the same. Because it looks like a buyers strike already to me. I doubt he will be able to entice any more buyers in so a delisting is probably inevitable after a failed attempt at raising more cash.

It will be interesting to watch though!

Hmm. If they don’t get their accounts out soon, they will be suspended.

If/when this happens, then I would say it will be at least 100 to 1 or perhaps even 1000 to 1.

At this point, the best investment will be a short as it will creep back down pretty fast. These type of shares always do.

Andy

Absolutely right. There is a large placing ahead and nobody can say that it is a surprise. It is well signposted.

My guess is that he has thrown in the towel and told ‘hotstocksrocket’ subscribers to sell. So we are likely to see a comment tomorrow.

Well, we know where we are now. It’s a mess. I am out of this, and out of AIM.

Yes. It’s very odd. I can’t see why. Who makes that decision (to remove posts)?