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Kefi have said that financial sign off will be this quarter.

Next weeks African Investment Forum is the perfect place for a signing as it provides maximum visibility for showcasing the country and investment opportunities.

I am expecting the announcement that AFC has been granted country membership of Ethiopia and then both banks Presidents to sign off on Kefis 300m financing package

Boom

2m shares bid at 0.62 appeared at 4.30

Very unusual timing and size

I can't think of anywhere more perfect for the banks, Government & Kefi to put pen to paper

And the timing coincides perfectly for what we have been told

Seriously excited now

Definitely worth watching the Promotional Video

https://www.africainvestmentforum.com/en#video-gallery-1

".... Investment Forum Boardrooms. Where Bold Decisions & Deal Making Take Place Across 3 Days"

Representatives at the African investment Forum (Starting Wednesday)

Admassu Tadesse, TDB Group President and Managing Director

Samaila Zubairu, President and CEO, Africa Finance Corporation (AFC)

Some rumours around Ethiopean President attending a Kefi meeting of some description next week

Signing next week is looking more and more likely

There have been a lot of large buy orders filled since the second bank approval.

IG preventing new positions being opened is very positive

I'm Sure Harry would like to drop a 7am Monday RNS, but it really could happen at anytime

Thanks Alanos, although I was hoping somebody had the link to the actual website that mentions it.

It could well be that somebody has been made aware of the visit as would not expect his diary to be published officially anywhere due to security risks.

The signing off of such a huge Financial package that Kick Starts that Countries Mining Industry would certainly warrant his attendance.

Does anybody have the link the Ethiopian President visiting / attending a Kefi meeting early next week?

I can't see any reason for this to happen at this stage except for a signing event

Listened To TW's Bearcast.

- Not been in contact with HA

- Expecting next RNS to be full sign off

- No reason believe it wont be this year

- When, not if

Just a little bit more patience and hopefully the greatest xmas present

Tomorrow morning at Mintex :

"Financial Institutions & Mining Sector"

Hi UPshunt,

The last few weeks has seen a large amount of churn / consolidation of the shares in the 0.6's so i would expect the free float in this range to be drying up. The market makers will now have to raise the price to generate the liquidity.

I use level 2 purely to gauge which way the pressure is going and then see whether the Bid or Ask softens.

So far today the Bid price has been increasing from an open of 0.61 to now 3.1m shares at 0.63.

Meanwhile, the Ask is pretty empty until 0.67

We also have the the weekend coming up with mining conference where Kefi is bound to be a hot topic, so I don't think many watching will be sat on the sidelines over this weekend

Over 8m shares on the bid at 0.6p and over.

0.67 to 0.73p finish in my opinion

Yesterday's trade simply looked like a large buy that was being filled throughout the day.

The companies actions certainly do not indicate a placing :

Disposing of Saudi assets to avoid dilution, big cash income to focus in Ethiopoa.

You don't delay sign off for better debt at the expense of group dilution

Not the times to be sat on the sidelines.

Imminent 5 bagger in my opinion

It's looking very positive leading up to the mining conference this weekend in Ethiopoa

A signing ceremony and Kefi as a showcase.... Very likely in my opinion

Clearly a buy

I'm actually expecting some announcement / signature at the mining event this weekend / Monday.

The publicity would be huge

The bid is edging up with a bit of volume behind it.

Could see a decent move today / remainder of week

Start Saturday until Monday.

Would be a great showcase for a big TK announcement to be made..... Or signing

With TK fully funded and Kefi funded (following Saudi sale), the share price could very well be 10 times where we are right now, especially with a clear strategy which is finally starting to show

Rob, do you have a summary of the applications / licence areas outside of TK that KEFI is involved in?

I certainly don't want the Saudi money distributed.

Keep it in Ethiopia , use it to aggressively expand and drill existing and new areas.

Become a monster mining company in Ethiopia without any further dilution and get us up to a 30p per share company :)

The Orior research note is an excellent read and brings home just how undervalued Kefi presently is.

It will all change very quickly