Member Info for Crazytowner

The delay of a few months to increase the debt is worth about 0.5p per share so well worth it.

As to your claim that the stock market is required for the banks to sign off... Perhaps you should let Harry know as he doesn't factor it in the latest RNS

"The outstanding conditions precedent of the banks for approving all detailed definitive documents are that the Ethiopian Government formally ratifies the already approved Country Membership of the second bank, the whole syndicate confirms the already drafted detailed definitive documentation and other normal conditions for mining project finance transactions. This is all expected to be achieved in the current quarter"

A timeline will be being followed by the Banks, Kefi and Ethiopian Government.

Sign off 30 days from credit approval (6th Nov) is quite feasible and would land it bang in the middle of the investment Forum next this week

I think everybody is enjoying the calm abead of what looks to be an extremely exciting and profitable few weeks

Seriously happy with how Kefi is now poised for an imminentassive rerate in the next week or two

See you all Monday

:O)

What absolute nonsense.

The 2nd bank has literally just approved issuing more debt and less equity

Also from the RNS a couple of weeks ago

"The outstanding conditions precedent of the banks for approving all detailed definitive documents are that the Ethiopian Government formally ratifies the already approved Country Membership of the second bank, the whole syndicate confirms the already drafted detailed definitive documentation and other normal conditions for mining project finance transactions. This is all expected to be achieved in the current quarter"

From the RNS earlier this month : "Moreover, at US$2,100/oz to 2,600/oz gold, Project NPV to KEFI shareholders is 6.9 to 10.5 pence per share, 12-17 times the current share price, ignoring our other assets"

So at say US$3,000/oz to 3,500/oz gold its in the region 13.4p to 17p plus say an extra penny for the Saudi Asset sale

Think everybody is realizing the value here and what this could re-rate too on the imminent sign off

3 1/2 hours market left today.

No pull back at lunch time (opposite in fact) indicates a strong afternoon

RNS should move the SP to 2p / 3p + pretty quick....

"So when are we expecting this RNS then"

Personally am expecting full sign off RNS at some point during the African Investment Forum next week.

There may be a smaller on in the days leading up to it for Banks Country Approval or that may also occur during the Forum

700 Trade Signal = Move The Price Up

Can see 0.7p getting taken out shortly .

Who knows how high we might finish today

Sooooo much near term gain

And we are off :)

And.....

"a Private Sector Investment Lead with the African Development Bank presented an overview of the Africa Investment Forum as well as a deep dive into the upcoming Market Days, where more than 40 deals valued at more than $50 billion and representing more than 22 countries have entered the AIF 2024 Pipeline"

"The Africa Investment Forum, an initiative of the African Development Bank Group and eight other founding partners, is a platform that advances projects to bankability, raises capital, and accelerates transactions to financial closure, with the aim of bridging the continent's investment gaps"

Haha, they'd buy in for the trade and stay for the value

If I had the spare funds I would definitely be adding now as big moves up about to happen in my opinion.

As it is, will be holding onto my 27m very very tightly

Level 2 is looking bullish, if it breaks the 0.67 it could easily go on a run

I don't think we will get an intra day RNS as the route to signatures can be managed

With all players having said yes in one way or another, it is now all about optics with next weeks upcoming African Investment Forum providing the pertfect opportunity to showcase a success story.

You'd have to be mad to be selling now or sitting on the sidelines over the next few days.

Kefi... On the verge of making quite a few millionaires