Member Info for Bridgedogg1

Surprised by the lack of buying today. Expect a very nice Saudi update this week along with a positive update on Ethiopia. Even better would be some kind of material update on the funding - sent out for signatures, that would put the cat among the pigeons. Jibal licence update may also be included. Great time to buy imo.

Took a punt Friday, thought we’d hit the bottom. Gas coming and just raised. Makes sense to have available authority but seemed to have signalled that a cash raise will be required. Why do that? I think it’s non SFB costs that are killing this share.

Agree focus should now be SFB, seems like they are trying to juggle too many balls. Could all come good but not worth it for additional dilution at these levels.

With the key operations for the project happening in Jan/Feb it makes sense to have an updated authority in place otherwise we would be stranded if more cash was required. We are also paying out monies for Lincolnshire/Lindsey testing and have potential geothermal deal on the horizon. The signal on first gas will be whether key items start arriving in line with the planning.

Very good news though I don’t see the EG biting just yet.

Because he has to sell out before the end of the year

In the latest RNS, always a good place to start.

No need to pray, latest RNS I find is the best place for news.

Just to quote the relevant but:

Then there are other projects in development such as KEFI Gold and Copper’s Jibal Qutman gold project, with a Mineral Resource estimate of 28.4 million tonnes at 0.80g/t gold, containing 733,045 oz. It has completed a PFS aiming at a CIL operation but has potential for initial heap leach of oxides. KEFI is also advancing the Hawiah gold-copper project which is at PFS stage and recently announced it has been issued with the Al Godeyer and Al Godeyer East Exploration Licences.

Seems to be a lot of scaremongering likely by the uninvested.
Saltfleetby due
Geothermal acquisition
Resume production at Lidsey during Q1
Just raised cash

Can’t see this going much lower and news will soon start rolling in

This has got to be the last time we got under 1p with huge Saudi news and huge TK funding news due. Expecting RNS Monday on one or both.

This has taken over UKOG as the dumbest share on AIM and will end the same way. No one think about the valuation factors, only looking at price movements. Pump and dump and pump and dump. DYOR

I’m still building under 1p! Wow, didn’t think I would get the chance again with Saudi news due this month and TK next month. Crazy to think we were 2.5p 8 months ago, now this war is getting decisively pushed back to Tigray the financiers will be keen to get on with this project. I honestly think that the papers could be signed by the end Jan deadline, maybe Harry will surprise us all. Jibal also might pop up, our current Saudi partners might be interested?

No mention of uranium, no mention of copper development, buy on get two free on the placing. Sorry but seems to be a bit of a disaster to me.

How does KOD plan to finance its lithium mine? That’s the news the market is waiting for.

No connection between TK and Saudi. In Saudi we are a minority partner with established locals and theres a 75% project funding scheme for mining. Finance won’t be a problem regardless of what happens at TK.

Fairly standard, see it all the time. This was 0.18p 18 months ago, needs some serious progress to regain some momentum.

Not really Harry's fault that the original investors pulled out, then Covid hit, then kidnapped employees and civil war. The difficulties on the ground are the reason why a tiddler like KEFI have the opportunity to get a £300m mine up and running rather than some larger, risk adverse miner. It has taken long time and Harry has been paid WAY too much over the years with little to show for it but much out of our hands. Ethiopia has been through a huge change and now hopefully will be in a position to heal and growth, with KEFI being a small part of that. We are at the same price now as when the civil war hotted up and the project pushed back, not yet reflecting the improving conditions and increasing likelihood of finance signoff in the near term.

It looks like the rebels are making mischief behind the EG lines moving towards Tigray's capital, Mekelle

The bid has moved up over 10% so a few will be selling for a quick turnaround. Need a bit more volume here to get it moving, that 1.3p level is key to pushing back to 2p. We may see it go once the full Saudi updates comes this month. TK funding is the real game changer, a month ago it looked to be dead in the water for another year but things have turned around quickly in our favour. Great opportunity here IMO.