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And back to the real world away from make belief hints and fantasy's of what Harry's words really mean compared to what you want the words to mean.

Extract from the rns states......... Any sale of KEFI's remaining GMCO shareholing will be based on open market valuations which, the KEFI Director's believe is expected to be, following consultations with market analysts, at a significant premium to the read-through valuation of this transaction with ARTAR which was based on historical cost only. However, this is a potential future transaction and there can be no guarantee of the outcome.

In basic words , kefi value the remaining 15% a lot higher then the 10% they just practically gave away , (in reality would they say anything else ) and the last line states this is POTENTIALLY a FUTURE transaction with no guarentee of outcome.

That to me very much states that this is not already a done deal.

If ARTAR don't want to pay 50m-70m then kefi will need to market the 15%.

ARTAR regardless of relationship will look out for number 1 and that's themselves , just like harry should be doing with kefi. Harry might want say 50m doesn't mean ARTAR will just say ok buddy no problems, they will be well aware of kefis financial position.

Absolutely nothing from that extract suggests a completed saudi sale could drop any day now, and my opinion suggests if harry was expecting 50-70m on the books imminently a raise was never gonna be needed.

Potential and future do not mean completed and imminent, I should know I have my dictionary with me

Hubstar once again I find myself replying to what I believe to be a very exaggerated comment by you.

rather then tell you I think your wrong , for the benefit of the forum I will simply say I strongly disagree and the reasons why.

licence staking is generally a very easy process, and can be done in a number of ways that certainly doesn't require the need for the Ethiopian government to be involved as a mate to Kefi. ( I mean if this was truly the case and harry had the government in his back pocket you would hope he used them in other areas of the business rather then staking land).

anyway back to reality , staking land can be done via a "Disposition opening" (Highly unlikely in kefi's case for konso) because this happens when one operator has been unable to spend the required amount on a claim and they simply forfeit it, this claim will then be posted online a few weeks before opening and then its a fastest finger first style dash to get what you want , its 100% open to anyone registered with the survey, its then basically drawing a shape on a online map within the area( some areas are huge) so most do multiple small claims and then once the system registers it you simply pay as fast as you can and ta-da you have new land.

but in konso case it has remained dormant for a long long time, it hasn't become available due to a operator not fulfilling their commitments, so I would imagine the team looking for new land have done some research , liked what they have seen in terms of commitment cost , stake price and geology and simply staked it.

I don't believe for a second there was a bidding war and the government used its influence to give it to kefi, because its all done online, on a first come first serve basis. especially on a licence not touched for many many years

now I'm sure you will say something along the lines that good old trusty harry said in the RNS that it was down to kefi's prominent position in Ethiopia that helped secure it, that's in my opinion not due to "favoured status" like you keep going on about , but simply they are registered on the surveys in Ethiopia while many companies around the world are not , so they wouldn't see it.

bit like saying a mining company registered on surveys in brazil have a better position then kefi as we are not on them.

ill also end you still don't fool me for a second with your multi ids , both yourself and Shalamar have used the term "frontier territory" in different threads and different posts in the last 24 hours.

maybe its just yet another unique coincidence along with the many many other points i have raised

Hi MF happy new year to you

DILUTION AND GROWTH , was the latest round of dilution and the amount raised absolutely necessary , for me at least the latest raise puts to bed any imminent sale of Saudi, if multi millions were just about to hit the accounts then I doubt very much harry would of raised again, especially with the numbers being projected , you also have to remember the LAST raise was to get TK over the line.

TIMELINES and STRATEGY, of course timelines are not often met in mining and exploration , it would be hard to find a single company that has never had some sort of delay, but you are in the telegram group away from the circus in this forum and will know very well that it would be easier to list the timelines harry has met rather then the countless he has missed, the latest was only 27th dec saying this would all be done this month , and here we are in January 2025 , 4 months late of major work, my issue is Harry is so wishy washy with his communication to shareholders, project readiness and essentially completed are the latest flavour of the month, what do they even mean? it always seems when kefi has a update to ay something is completed something new needs doing or one returns, resettlement a good example of this, over a year they have been getting them ready for resettlement, but no-one really knows where kefi stand with it, same as many other aspects of early work.

OUTLOOK 2025 I generally agree with you, if Harry can finally get Kefi over the line then the company can start taking bigger steps forward, its potentially a great project, but its a project that has stalled and stalled. I also agree being on the Ethiopian exchange will make it more appealing especially to locals to the country, a re rate for being on the exchange im not quite so sure. i cant imagine it will differ in value to lse.

LEADERSHIP let me ask you a question if i may, knowing what you know if TK was just discovered would Harry be the man you employ to take it to production, for me thats a big fat NO, harry thinks about himself and his wallet before Kefi let alone its shareholders, demonstrated by the way he pays himself from kefi for the services he provides via his own company, his inability to be 100% transparent with its shareholders.

even if harry finally gets to move onto major works , is he the man you want building a mine , do you honestly feel hes the man to do it with no further delays.

SIDENOTE I'm not ultra negative on TK as a project, i actually like it ,however I am negative on the man in charge and in hindsight i feel he could of done a much better job all round, I'm also negative on some of the comments made here , and i simply challenge them, unfortunately when you speak to multiple clowns , more posts are written by myself.

i dont tell people to buy or tell people to sell, i don't challenge the comments I generally agree with, just the madness ones , its a public forum so have the right to do so.

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