Member Info for deedee1

If suppliers are bringing 3 kilograms to 30 kilograms of gold to NBE for sale, they will get 67 percent price increases.

And those supplying more than 30 kilograms, they will get 72 percent price increases.

Last Ethiopian fiscal year, the bank was buying gold by paying about 35 percent more than the price at the world market if they were supplying between 50 grams and 150 grams of gold. If the supply amount is more that one kilogram, the bank was paying 52 percent more rate compared to the price at the world market.

Within a week after introducing major policy changes, the National Bank of Ethiopia announced changes to gold pricing.

Those suppliers who supply the bank from 50 grams to 3 kilograms of gold will see 60 percent price increases. It means that NBE will pay 60 percent more money to the existing prices.

Gold looking strong today let's hope for an update on the drilling.

I know it's only the science and technology museum:+) but, it goes to show Saudi is looking to make investment in Ethiopia now things have settled down, news next week maybe good luck everyone

Gov’t on brink of IMF agreement, sources disclose

National Bank Governor Mamo Mihretu has offered a rare pledge for ‘preferential treatment’ to Saudi Arabian nationals eyeing investments in Ethiopia.

The Governor made the pledge during a speech to a delegation of 79 Saudi investors and Chamber of Commerce representatives at the Addis Ababa Science and Technology Museum on June 5, 2024.

I think the webinar 3 o'clock today, if I'm not mistaken

What's that little dilution, isn't it better to pay advisors in shares and not tap into the money raised recently, I think kefi did the right thing and why would they take shares they must know that finance is going to be signed soon. My god their advisors, any thoughts.

Firstly I'm going to be obsessed looking at this waiting for the good news over the coming weeks, good luck everyone here may the long-term holders be vindicated.

Well how'd you keep a moron in suspense........ Speak in riddles without explaining himself?

Where's the proof ? Not found anything searching for the internet. Please elaborate

Christo what are you saying?

Gold is now punched through the 2400 Mark dollars that is, all we need is this bloody signed off come on next week let's do it. Stock ready I understand your frustration those goddamn presentations worn me out over the years what we need is something new some fresh blood perhaps Harry can step down that would send the price soaring.

Gold is looking strong today, everything coming together nicely now all we need is the big one the big RNS.

Not amused have you not been reading the RNS yes this has been a bastard of a share over the years but very soon to come good, we only had a placing a few months ago or more, financing sorted this month 8 years and I've got skin like leather all those shares sold and yet we're up.

Well done busymumof3 join the party and good luck to you sounds like you got in just the right time. If anything this is going to be an interesting couple of weeks

Yes it is possible and would be sooner with a spike.

TW my initial purchase was small but lost all of it that , have been buying over the last two years so my average now is .7 which I've just hit so onwards and upwards I say.

I've been here eight years and never felt more positive with this month than I've ever been, hopefully my patients will be rewarded you never know

That come out wrong and you can't edit, I meant to say go on boy give it some do we see 0.7 today

Go on boy give you some nice.