Member Info for Burt2000

I’ve been trying to buy now for about 2 hours and can’t get any. I said I would continue to top up below the 2p level as news came out. I’ve even tried small amounts at market price and they aren’t going through. To me that says there’s big orders being filled? Maybe someone with L2 can shed some light.

I’m sure This will take a while to filter out as only a small number of shareholder visit this site. Well done Harry, that’s another string to his bow and a very significant one. He’s now rubbing shoulders with the PM and having his backing can only be a good thing for any future explorations or acquisitions in the country.

Well, he’s heading NE from the airport and that’s the direction of TK.

Tulu Kapi is approx 100 miles from the airport he landed in and it looks like he’s already on the move going by the twitter video. He Could very well be paying a visit to the mine today and then we will hear about it once it’s all done and dusted and the PM has left the area. That’s my guess anyway.

I would highly doubt that they give out specific details of the PM’s whereabouts for the trip as has been said numerous times for security reasons.

To me personally it doesn’t matter. All the gold stocks are down today. It really only matters if you trade the stock, to any LTHs it’s a top up opportunity if anything. If we see 1.7 odd I’ll be buying more.

I think a bit of perspective is needed. Tigray region is approx 1000-1100Km from Tulu Kapi, the terrain is literally some

Of the most inhospitable and unforgiving that you can find, there are very few main roads throughout Ethiopia and by car the journey is approximately 24 hours from Addis Ababa to Tigray. The chances of anything advancing towards the capital or indeed the mine area are slim to nil imo. As said earlier there’s more chance of conflict re-emerging in Northern Ireland where I live and that will never happen.

I’ll happily take 4-5% a day, people will

Jump off at this level especially if they have been in since the very early days but that’s the AIM market. New support at 2p would be great and then let it build from there.

Well there you go, proof if it was needed that the team are all

There and it’s all systems go, that should settle the nerves of anyone who thought this wasn’t the real deal and we had all

Been scammed 😂

I think the penny is dropping for many now, there’s alot of buying pressure today it seems and it’s not being driven by the price of gold as it’s hovering around $4950. Any other gold shares or funds on my watchlist are just about treading water or in the red.

A lot of the gold stocks took a dive just before the bell, most down 4-5%. We stayed green (just) mane a bit of fear with the price of gold dropping a few %. As said below though it’s not a concern to me personally as I’m looking at 2 years down the line. Day traders may not have liked it though.

Same Applies to this share, i would much rather see little and often rises, pause and go again rather than huge spikes, steady and sustained growth is what I’m hoping to see here and hopefully will see with the price of gold and silver. De dollarisation is happening albeit very slowly and behind the scenes, gold is becoming king again

Trying for one last top up today but i’m probably going to have to pay a premium for it. I’ve averaged up again this week but only slightly, I still think anything under 2p is an absolute steal. Load up, lock in and look forward to the next 18-24 months.

I’d say there will be many high fives and glasses of vino taken this weekend over there.

The last RNS said full sign off in February, there are still around 2.5 weeks left of the month. If anyone is expecting to make a quick buck here it’s the wrong share to be in imo.If we are still at this level in 2 years time I’ll start to worry then. Take your positions and sit on it is my advice. Provided nothing drastic happens here I’m happy to top up on any dips and just hold.

No mention of the closing of the raise yet but if Jeremy Gray is to be believed it will be over subscribed. He’s a big fan of KEFI(no surprise as KEFI are on their books), he reckons they will be 8p pre production and onwards and upwards from there. I wish he would loose the hats though he just reminds me of Trump with them 😂

https://m.youtube.com/watch?v=87ahzYPxYYE

To my knowledge (open to correction) recovery costs including debt repayment is around $1650 per oz? If gold was at say a modest guess $6500 per oz by product room in late 2027 into 2028 that’s what around $5000 profit per oz? Target is to mine between 140,000-160,000 oz per annum for at least 5 years. Theres average $750,000,000 profit per annum for TK alone. That sounds like the next GGP to me and look at where their SP is ? in old money, pre the consolidation it’s at 30-35 pps currently.

Yeah 10-15p is wishful thinking by me, as even if the gold can be mined it’s done so at a cost so not just as simple

As multiplying x amount of Oz by the spot price at the time. When production does start though I would like to think 7-8 pps would be realistic and let it increase from there with each pour!

Allied gold had 10M oz and were bought out buy Zijin for around £4billion. KEFI have around 3M oz at present (possibly more) so do the maths and all things being equal you could say a buy out of around £1-1.5 billion wouldn’t be unrealistic which is anything from 10-15 pps at the minute. Still, personally i would like to see those reserves mined and sold and further acquisitions and discoveries.

Is there a site visit planned? A video of what’s going on at the site would be useful for share holders.