Member Info for Bonkers0801

Why have 14 people recommended dv post , it demonstrates half the issue with this forum

Why would "naysayers" be worried and having sleepless nights, whats been said and done this last week that has them worried , on the flip side whats been said that would make rampers so confident this week.

People think this is a good vs evil forum , or a football match with home and away fans.

Some think if the crowd are on my side I must have made investment choices.

Said it loads. This is a one player game, naturally there will be more bulls in a forum where everyone's invested.

I very much doubt there is sleepless nights and bed wetting happining. Those kind of comments only demonstrates the liklihood of most investors here are those with limited risk and those spending pocket money.

You can tell those that are genuine investors that recognise both risks and those that want to feel more relevant by talking about green boxes, volume. Naysayers etc

Please harry sort it out

Sorry , you mean a share consolidation , 50/1 , 100/1 etc

Harry consolidation? do you mean dillution.

Hi dsrt , hope your well Yep, your right , think I had 2 in my head because it was 2nd december

Nethertheless i still think its a bit early for placing talk even by harrys standards.

Last one caught me off guard , and that was a good 5/6 month gap.

Its only been 2 so far

I cant see it.

December raised 10.2m

2 months ago raised over 7m more

I know harry likes to spend , but even harry would struggle to spend that quick.

I dont anticipate a raise yet , if I did I would of sold already.

OK not author of original thread , I dont know why lots of threads use rhe same thread headings to communicate.

Just use the same original thread

Sorry did you type good volume? Do you honestly think that?

And then your post whinges about people whinging

You know londuke , you have only gave a example why there will be delays and teething issues rather then convince why there will be a special divi in 2028

Agree mf , no chance of a divi being paid out pre production.

I actually think harry is part responsible for the divis being such a big talking point.

Do people actually believe he will pay a divi out in 2028.

I personally dont see a mine built regardless of how simple it is without some kind of delay. I would think its safe to assume providing finance is signed off 2028 will be the year kefi pour gold, not start giving out divis.

Ggp are to announce 2nd quarter results next week and divis are rightly not even on the agenda , and for good reason , I personally see all this talk of divis in 2028 as a sales pitch.

Maybe a few years beyond first pour , the lth here might see one , but if the s.p goes the way some expect , wont you be rewarded enough via the share price performance?

Yep certainly getting to the crunch time stringer.

No more excuses, we are now heading into the last week of July,soon to be August, harry im sure will tell the market something. Hopefully not more fluff and something worth getting excited about.

Harry created the timelines. Talked about how its strict timetables etc , same interview where everyone looks at each other in june and say are we ready lol

You just have to love harry lol

With luck in 2 months. The forum can start a countdown till production, (oppo gone quiet since last fantasy choo choo countdown on saudi) there will be no bonkers in the forum and the rampers can continue talking 15-20p when in reality they will be doing a pump and dump.

See it all the time

Volume talk/chatter has seriouslt dried up today.

25 trades yet on the cusp!!!!

I would hope for a uplift in the s.p MF, 0.8 is possible , im hoping (ibhave no expectation on share price on AIM currently) that we see the s.p close to a penny.

That's when I exit.

If this isnt sorted by September/October time I have some descions to make as I dont want to get caught out in the next set of dillutive events. (Ill make this clear its only my opinion , to save the crap that normally follows)

As I dont see the s.p rising to what others hope for the fact the company will need to pay

5m in consultancy fees (cash or shares) we have neither to pay it , so a dillutibe event, kefi have pre warned us about this in the presentations. And actually defended at the webinar. I have no issue with consultancy fees , just how are we gonna pay for them

Saudi , personally i still see this being sold , but harry mentioned in the webinar what felt like a sales pitch to shareholders , saying things like 'artar think we are weird for wanting out" and everyone wants in blah blah blah. He finished of by saying for only 5m it will cover all devolpment costs for J.Q. unusual thing to say when you want out , but if no suitable bids were on table despite all the crap Harry said between November and may , then maybe 5m is what kefi have to add, or lose saudibfor nothing.

Then we have 185k for harry and 100 for john leech , again paid on finance sign off.

That's 10.3m in possible shares BEFORE we consider general working capital on a company that isnt due to generate cash until at least the 2nd half of 2027.

Of course if your long term , ride the storm , beyond 2027 when gold prices you would expect to be higher, its a pretty good investment. As a working mine generating cash etc.

But I DONT consider myself a long term holder that wants to stay here through that period , so with the above in mind I consider my exit point regardless of the price and the opinion I have a wise moment to exit.

Will I come back If kefi do as they suggest , highly unlikley , I have a decent hilding in GGP which will be my gold play , and i hope in the next year or 2 that will be my ONLY AIM share im invested in , on what I consider a lawless market

Unsure how this

Trading halts are regular on ASX , used when price sensitive info is to be released , good and bad.

I just don't see anything out the ordinary that would suggest askari are in trouble with the ASX , if anything the article suggests they are defending their postion , had seeked legal advice before their applications and haven't been served any papers to inform them that the licences are now in danger of being lost.

Warrants being deleted , I notice robs was too

Trading halts are regular on ASX , used when price sensitive info is to be released , good and bad.

I just don't see anything out the ordinary that would suggest askari are in trouble with the ASX , if anything the article suggests they are defending their postion , had seeked legal advice before their applications and haven't been served any papers to inform them that the licences are now in danger of being lost.

So how does that article translate they are in trouble with the asx

Confirmed that there currently is, no other overlapping Explorations License given by the Ministry of

Mines, over the same geographical area and for the same mineral types.

The Company notes that mining licence (MOM\LSML\81\2015) covering the proposed Tulu Kapi Mine is

excised from the southern-most Exploration Licence (MOM\EL\00005\2022). There are also three

separate exploration licences that are excised from the northern-most Exploration Licence

(MOM\EL\00004\2022). This information is publicly available from the Ethiopian Cadastre (refer to:

Ethiopia Mining Cadastre eGov Portal – Trimble Landfolio - Cadastre Map).

The Article includes certain claims and positions advanced by the Oromia Mineral Development

Authority that reflect regional priorities and initiatives, rather than matters directly related to the Nejo

Project. In line with the Company’s ongoing commitment to cultivating constructive and mutually

beneficial relationships within Ethiopia, engagement with the Oromia Regional Government, its state-

owned enterprise group, community representatives, and other relevant stakeholders will remain an

active and continuous process.

In support of the Company’s adherence to strict ESG principles, the Company will continue to build a

strong in-country technical team and capitalise on its excellent relationships with industry, government

and other stakeholders in Ethiopia to support this plan, including Oromia and other relevant Zonal and

Woreda offices.

The Company submits that it has signed a binding agreement with Xingxu Mining which enables the

Company to acquire complete and unencumbered ownership of the Nejo Project through the Company’s

100% acquisition of Xingxu Mining under what is considered a share-swap transaction, in which Askari

issues shares to the shareholders of Xingxu Mining, as set out in the announcement dated 8 July 2025,

in return for the complete and unencumbered shareholding in Xingxu Mining being transferred to the

Company.

This transaction does not constitute a sale under Ethiopian laws as the owner of the Exploration

Licences remains unchanged, being Xingxu Mining. It is only the legal owner of Xingxu Mining that

changes as a result of the proposed transaction, being that Askari will own 100% of Xingxu Mining upon

completion and the shareholder of Xingxu Mining will become significant shareholder of the Company.

However, pursuant to the agreement, Askari will assume all operator rights of the Nejo Project, including

through providing funds to explore and further develop the Nejo Project alongside technological,

technical, geological, strategic oversight and general day-to-day project management.

The structure of the transaction also provides the shareholder of Xingxu Mining to benefit from the

Company’s advancements at the Uis Project, in Namibia on the basis that the shareholder of Xingxu

Mining will be a significant shareholder of Askari Metals. This

Askari Metals Limited (ASX: AS2) (“Askari” or “Company”) refers to the digital media article featured in

the Addis Standard dated 19 July 2025 (the “Article”) and related posts and comments that feature in the

online chat forum, HotCopper. The Company also refers to its ASX announcement dated 8 July 2025 in

relation to the acquisition of the advanced brownfields Nejo Gold Project (the “Nejo Project”) located in

Central-Western Ethiopia (the “Announcement”).

The Company was not contacted to provide a comment on the contents of the Article. The assertion that

the Company remained silent when contacted is incorrect. If the Company had been contacted in

relation to the contents of the Article, in keeping with the Communications Policy of the Company, an

appropriate response would have been provided.

In addition, the Company has confirmed with Hong Kong Xingxu Mining International Investment Co., Ltd

(“Xingxu Mining”), the holder of the Nejo Project Exploration Licences, that no letter has been served on

it in Ethiopia. The Company is deeply concerned that an internal letter between the Oromia Mineral

Development Authority and the Ministry of Mines of Ethiopia has been shared with an external media

source, in this case being the Addis Standard. This will be promptly investigated by the Company,

including the existence of such letter which the Company cannot confirm indeed exists as neither the

Company nor Xingxu Mining have cited such letter.

It is further noted that only the Ministry of Mines of Ethiopia has the legal authority to revoke or cancel

an exploration licence in Ethiopia. No such action has been taken nor is it threatened upon either the

Company or Xingxu Mining.

The Company has been undertaking extensive legal and technical due diligence in relation to the Nejo

Project to support the proposed transaction. In accordance with this requirement, the Company

commissioned an internationally recognised law firm with extensive business experience in Ethiopia to

provide a legal opinion of the three fully granted Exploration Licences that comprise the Nejo Project.

The conclusion of the legal opinion states that the Exploration Licences have been validly granted in

accordance with Ethiopian law, are in full force and effect, in good standing and not liable to forfeiture or

cancellation.

The three Exploration Licences that comprise the Nejo Project are valid until 23 March 2028.

The Article also mentions “spatial overlaps”, however the legal opinion received by the Company states

that discussions were held between the Company’s lawyers in Ethiopia and the Director of the Mineral

Operations Licensing Directorate of the Ministry of Mines. During these discussions, the Director had

Not a bad result for them.

Should see a uptick tomorrow

Ticked up your post

Not because I believe you and not because it was a kefi post , we all await for that , But because it made me laugh , well done

P.s please try and stick to that way of thinking

Not at all sharezy.

But starting to learn you offer this b.b very little

Id love for anyone to go through sharezy last 40 posts and see if they can find anything that's kefi related. I have just looked and all he seems to do is moan a lot about other posters , couldnt find anything that would be remotely useful to the positives or the balanced in this group. You dont even offer alternative views to those you so strongly disagree with, maybe one today but then you quickly left the conversation.

Its funny sharezy is exactly the poster he loves to hate on.