Member Info for BigBear2

Who’s loading up on the cheap in 1 mill chunks

The government are actually driving this as a flagship project to say Ethiopia is open for business.
Can you imagine the impact to the reputation and after a launch ceremony if this did. It happen?
It’s happening just taking a little longer than we wanted

Considering they now also have an offer of banking finance as well as the bond I would say the people that matter are VERY confident

6p in finance 10p on full production fair value...

I’ll stick my neck out and say on confirmation of project equity and money in bank min 3p, how much above that is unknown but it’s pretty much acknowledged that something around 6p would be fair value.

Available now

I think fast track is pretty much a given. First up define size of deputies and grades

The KEFI Minerals team has been evaluating potential joint ventures and prospects in the Kingdom of Saudi Arabia since mid-2008.

As a 40% shareholder and manager of Gold and Minerals Ltd (“G&M”), KEFI Minerals has established a strong foothold from which to build on the momentum achieved to date.

KEFI Minerals is well placed to advance and develop our projects with the assistance of our partner Abdul Rahman Saad Al Rashid and Sons Limited (“ARTAR”), a leading local industrial group owned by Sheikh Al Rashid and his family.

The Kingdom of Saudi Arabia has instituted policies to encourage minerals exploration and development. A resurgence of the Kingdom’s minerals sector could generate significant employment and assist with development of infrastructure in remote areas of the country.

G&M is aligned with these policies with ARTAR as the majority shareholder and KEFI as the technical partner.

Our partner at the project level is a sheik ....no worries on funds there!

More I would say.
If the market cap is not in the region of 50 mill post finance trigger there is something seriously wrong.

'Unusually large'....

, KEFI commenced exploration of an unusually large gossan for gold at the surface and a VHMS copper-gold-zinc sulphide ore body at depth. The Hawiah EL was one of KEFI’s higher priority Exploration Licence Applications (“ELAs”) as the geological setting is analogous to large VHMS deposits in the ANS that also have

The mkt has priced in Saudi at zero. It's one of I think 24 huge VMS targets on pretty much virgin soil as exploration has only recently been allowed in Saudi....and guess who's first in...little old Kefi !
Once we have an idea of the scale of the current VMS the market will have to price this in on top of Ethiopia. Absolute joke mkt cap....

On huge VMS target due soon

Again.,,

Pants down and given full treatment with no soap from
Mms

Traders sold to accentuate the CLN dumps.
Crazy to go down on that RNS but that’s AiM for you.

Yup the block 1 and 2 mill dumps CLN holders imho.
At some point they will be done and this will move freely. Better they sell now than into the main news

Personally I think it’s more a safeguard to stop any last minute arising around.

It means it’s not been triggered yet and they are very clear in the RNS about the next steps. The fact there has been an increase agreed in project finance contribution should tell you all you need to know.

Early days let’s see over the coming days and weeks where this goes