Member Info for Bear666

Various questions in relation to interim financial accounts

Q: Why do you not eliminate the material uncertainty noted in the financial accounts given that it is suppressing the share price?

A: The material uncertainty has existed since the IPO in 2006 and may remain the case until we are in production and generating positive cash flows.

Q: The interims accounts refer to a legal claim and to a problem with an Exploration Licence. Do these problems affect the credit approval?

A: No. These do not affect the Tulu Kapi Project which is being financed. Both have been known for a year or two and are symptomatic of attempted last-minute money grabs that neither the banks nor we will tolerate.

Q: Is it not provocative to publicize that you are taking action to recover the Eexploration Licences near Tulu Kapi? Would it not disturb the banks or the government?

A: Legitimately and collaboratively protecting the Company’s rights is both a mandatory responsibility and, more so, is how we have achieved strong working relationships with all the parties involved. We talk to all these parties continually and all are comfortable with our conduct. Also, it is quite clear that the exploration areas have no bearing on the Mining Licence or the Tulu Kapi Project itself.

Posted 02 October 2023

$1,943.72

Https://www.kefi-goldandcopper.com/files/presentations/kefi-gold-forum-americas-pres-20sep23.pdf

AT 0.69p mcap is around £35m..

TK launch should see a rise of several multiples and the Saudi projects rolling out and then WOW!

TW said in his bearcast yesterday that he'd be interviewing H sometime today and releasing it over the weekend.

The ground certainly seems to have shifted in Kefi's favour ,so much so that H must be confident to put himself up for such scrutiny.

Too much time,money and effort has been spent over the years and the prize (Tulu Kapi launch/producing)is far too lucrative to be abandoned now imo.

Looks like H is about to deliver finally...

New interview if you scroll down the link page below...

Https://www.proactiveinvestors.co.uk/companies/news/1021165/kefi-gold-to-become-aim-s-next-gold-producer-says-broker-1021165.html?viewSource=TwitterUK

11,650,000 trade posted after market close in the buy column...

Kefi imo is the Ethiopian Governments poster child helping to change rules and regulations to further help attract foreign investment into the country.Kefi succeeding will send out a message that Ethiopia is "open for business!"

It's finally time for H to have his day in the sun and reap the financial rewards to boot!

Uranium and Helium besides all the other metals/projects in the POW portfolio.When this dire market turns positive the share price will rise significantly imo and start to reflect POW's real value. Time to accumulate.

See that TheCondorClown is posting into the early hours again. Smells of desperation and more to the point is he/she being paid to de-ramp and how many other lse accounts does this t..d have?

One by one the human filth pile in right on queue.

Here's an anagram for you RG27 KUFC FOF DAN IED

Posted on Telegram not WhatsApp

Posted on WhatsApp.. ?

https://www.ethiojobs.net/display-job/495217/Project-Manager/

Dyor

TW over the weekend stated in his bearcast that he'd been in touch with HAA who confirmed that everything is on track for Q3+Q4 as previously stated..

The current share price would have to rise by multiples just to reflect the value of the Saudi projects let alone Tulu Kapi on top imho.

Share price moving higher.. leaky?

Https://www.africanews.com/2023/08/11/ethiopia-return-to-calm-in-amhara-after-a-withdrawal-of-militias/

Q-The quarterly says Tulu Kapi is essentially permitted. What is missing?

A-The permits that could not be done until now (such as registration with latest costs to ensure KEFI is credited as regards ownership of TKGM) or compliance during construction (needing to be done as we proceed).

Posted 10 August 2023