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Replace forward sell of gold with upfront cash cash payment to a miner in exchange for right to purchase a percentage of the future precious metal production ie in the future gold is sold by TKGM ; a misuse by me of the term forward sold which was simply me using the english language in a literal sense. I still think TKG will have the first $10m. This is included in the conditions precedent and imo does not need the debtors permission to be triggered. BigBiteNow might be right but KEFI hasn't made that statement.

Isn't streaming a forward sell of gold and Gray said HAA wanted money quickly to get things started. So streaming is part of the $100m but not equity.

I believe the Chancery $10m has set the project in motion with Ethioprefs to follow which will trigger the wet signature ceremony.

I have just read the CPD analysis of the Energy and Power Sector Master Plan (EPSMP) and note no financing needs for coal on page 31 so indicating FDI. I also think as Barapukuria is a subsidiary of state owned Petrobangla and only Barapukuria is mentioned in the plan that they may have an arrangement to involve themselves with CP in Phulbari as the headline name in the opm project. It should not be necessary for Phulbari to be a dirty word as however will they win any arguments about what a good thing it will be.

There are so many ways it could go and we should know which way soon after the election as pedal to the metal is required.

A buy out with China the junior partner in a new Bangladesh owned GCM with Tang on the board could be a scenario. GCM could receive whatever return the Bangladesh authorities decide without the foreign ownership hurdle, existing shareholders retained.

The Chinese could bankroll Tang and have POLO holding sold into the market to suppress GCM SP pending going private to run the project together with Bangladesh and alternatively Tang could retain GCM as an honest broker who is familiar with all parties.

Who were the 250,000 shares sold to today and for what purpose in the second scenario above.

Hence his reassuring PR about project launch with himself as Chairman being very accountable for what is said. Housing resettlement ramping up in one of his latest vids. Emphasis is no longer on finance and signing, he has moved on and every interviewer is interested in progress with projects.

Someone who takes time off please.

If they haven't got the ba-l-ls to say to mention Phulbari during the election then they are not capable of running the country imo.

If HAA is not a PR man which he isn't do not read an rns expecting a pump leave that to Chancery. HAA is nose to the grindstone as always and currently enjoying family time having laid out his company state of affairs. I read rns with the lens of someone dedicated and tenacious and delighted to report his progress which is usually hidden somewhere in the text but to him the whole project is the nugget rolling for collection. My thanks go not only to him but those who can identify the new news for me.

Those citizens who resigned when linking with Jamaat occurred and who now ally with BNP could carry a lot of votes with them.

As long as the symbol complies with a code of conduct; no solar panels or subsistence farmers or students pictured!

HA is very aligned with shareholders because he has been dependant on the outside of his control country players - Abiy etc and financiers - AFC/city etc to keep the show on the road and KEFI management have been subject to the same pressures as us but they have coped with it while some shareholders have not understood what is in play. After final finance closure there will still be these foreign influences in a new jurisdiction but the development will be open for meaningful examination on progress.

HA still requires loyal support from shareholders and it is a pity but understandable that the LTHs easily revert to pessimism. I expect it is something like a glitch with the relocation action plan or roads and electricity pylons not being seen by the Ethiopref buyers who will have local knowledge. The Ethiopian Government have to organise a lot in the infrastructure and relocation areas before final signing and finance closure and now HA as mentioned in a post above at 22.35 hours by KEFIGOLD is pressing the trigger with our funds raised the Government will be doing the same having asked HA to get started first I believe.

It doesn't look bad either Waynesmith.

What an edict! An interim Government progressing fair elections! or not...

It really is Ethiopia that has propelled KEFI's share price. The finance has come from Africa due to regulatory change and a desire to attract international market forces. These forces have yet to kick in but will do so as on the ground work by an Aussie outfit and Lycopodium engage with the gears. The executive chair is waiting confidently on these developments as KEFI gets recognised for being in development.

Good to post all this pro business/energy articles https://ep-bd.com/view/details/article/MTI0Njk%3D/title?q=2026%3a+the+power+test , Hossain and Pervin of Energy and Power are very wordy but do say in the final para which is basically all they have added to the debate; "As the country moves toward elections, political parties must clearly articulate their power and energy strategies. Once elected, implementation must begin immediately. Import dependence, now at 56 percent, must be reduced through coordinated action on gas, coal, renewables, and nuclear power.

Above all, the Rooppur Nuclear Power Plant must be commissioned without delay and treated as a national priority. Failure to act decisively from day one will stall industrial growth, weaken employment, and undermine economic stability. The power and energy sector must therefore stand above all other reforms, guided by sound policy, political courage, and institutional discipline."

The other article; https://ep-bd.com/view/details/article/MTI1MTQ%3D/title?q=political+decisions+urgent+to+build+investor+confi where they interview Professor Tamim they ask - "You took initiatives in the past to start domestic coal mining, but those efforts did not succeed. Coal extraction is now even more challenging. However, it is said that all feasibility studies for the Phulbari coal mine are complete. If this mine is developed and domestic coal is used, power generation costs could be reduced by up to 40 percent. What is your view?"

I think both main potential winners of the election coming out pro Phulbari will be good and hopefully they can say the evaluation of Phulbari by GCM seems robust and project good to go. I can't believe Yunus didn't order this for independent confirmation as part of an energy review but he was too busy globe trotting.

Https://www.deshkalnews.com/business/14422

Yunus should have had all-party green light for coal early last year; lets hope his energy masterplan can be followed with the green light soon after elections. The situation is dire.

https://www.deshkalnews.com/business/14422