Member Info for Bear666

Having the Ethiopian minister of mines on your side is positive in anyone's book.

Building a mine from start to production takes years (Google it),a decade plus is routine in most cases.

Harry's kept the show on the road and hopefully a fabulous February,March is on the cards.

Dyor gla

TW in his bearcast stated sold jlp shares and reinvested the money into kefi. Increasd his kefi holding.

Harry had indicated that funding would be secured and major earthworks would be starting before end of March and that the Ethiopian minister of mines had agreed during the Indaba conference.

Dyor

AI generated generic result that gathers a completion of any information found on the Web. Worthless.

Have good weekend.

Obviously ppl need to see and read the information for themselves. Also if changed from original information it must have been updated?

Lovelosses, "Useful - thanks".. what did it say,since you said useful?

So,placing was £10m.. say £4-5m left?

GMCO 15% @US$80 per oz equals around US$35m?Probably get more.

TK,1.7m oz's doesn't suddenly become worthless.

TK on track.

https://www.zawya.com/en/projects/mining/kefi-secures-240mln-for-ethiopia-gold-project-prepares-for-final-approvals-mz5jz953

This site has become totally toxic with all multiple id clowns peeing around.

If you don't like, pee off you pathetic sh-ts.

Get a life,you sad clowns.

What cr*p are you talking about "lose 100%".

Even if TK was delayed or didn't launch,nobody is going to lose 100%.

Kefi has millions from the recent placing and are debt free.

Plus their part portion of GMCO sale AND the TK would still value!

Stop the bs.

Nice.."The Company has now received sufficient expressions of interest in the EthioBonds in alignment with the updated finance plan. Preparations are advancing for the local listing of these bonds."

Https://www.kefi-goldandcopper.com/files/presentations/kefi-121-cape-town-investor-pres-feb25.pdf

NPV (5% discount) at US$2600=11.1p

NPV(5% discount) at US$2800= 14.8p

Why AB just give straight info,instead using all cryptic tweets leaving everyone guessing 😒

Where are we in the arbitration process?

More meetings??

Https://www.linkedin.com/posts/africa-finance-corporation_in-order-to-future-proof-africas-mining-activity-7292185039767764993-nnek?utm_source=share&utm_medium=member_desktop

https://leadership.ng/apc-recommits-to-stronger-nigeria-ethiopia-ties/

https://www.ena.et/web/eng/w/eng_5896079

LOL,you best stay away then!

Bye,bye

In other words,you don't update paperwork from US0$190m to US$240m unless the banks have agreed the higher loan amount.

All important figures at indaba,Harry,minister of mines and AFC.

Ratification news could,should arrive sooner rather than later?

Once ratification passed,boom,rerate on the cards?

According to the last q+A the the paperwork was being updated from the US$190m to US$240m ie the extra US$50m has been agreed. Just waiting for parlimentary ratification.

Ratification is being fast tracked.

Parliament meets in February.

Dyor

Bonkers,you're not interested in buying Kefi shares and yet you have posted 146 times on the company in the last 30 days!

Why are you ill?

UPshunt,there's been a recent placing and thus holdings have been diluted. Doesn't mean that they've sold.

Presume that Harry(kefi) would have been waiting to get this resolved before releasing the TK progress rns's?

Now lets get TK launched.

Https://www.theafricareport.com/372779/ethiopias-financial-reforms-may-trigger-new-era-of-modern-gold-mining/

From Telegram

"Debt free

Cashed UP!

Early Works were essentially completed

Banks(on board) set out final terms for US$240 million secured debt facility .. Government Approved

Government Invested 

several notable international investors to the KEFI share register (Safaya Investment In Commercial Enterprises & Management Co. L.L.C ..£2,600,000 ),American,Australian also mentioned previously.

already triggered final certification of project readiness, enabling full project launch and commencement of Major Works

New licence..Konso Critical Metals Area ("Konso Project") exploration licence by the Ethiopian Ministry of Mines.

Saudi assets sale news due 

Ethiopian Securities Exchange opened.. kefi listing expected"