Member Info for doze

Listing elsewhere via takeover reason I might add rather than applying to be listed.

I meant to provide this link https://www.thisismoney.co.uk/money/markets/article-15104983/Investors-dumping-UK-stocks-fastest-pace-20-years-Fund-managers-terrified-ahead-November-Budget.html as a listing elsewhere reason.

Agreed Strike and the second bullet point here will determine how attractive TKGM is for takeover and possibly a point of discussion with HAA in London if takeover is to happen.

" ▪ Ordinary Shares in either of these Ethiopian subsidiaries with issue-pricing based on TKGM valuation post-financial close of the Project finance package in September 2025.

▪ The breakdown and details of the finalised equity-risk capital instruments will

be published upon commitment, i.e. at completion of the signing of definitive

documentation planned for September 2025. "

https://www.lse.co.uk/rns/KEFI/tulu-kapi-gold-project-update-tc7illjxixjyrf3.html

Due to where where KEFI is listed (in London) I would like to see a takeover at the right price and I am sure Ethiopia would too in spite of the help the city has been with the country's financial landscape opening up.

I also said "Facilitating country relationships for future benefit could require a placing " you ixdiot.

"though well covered ability to take debt instead of equity should be the way to go for the project post signing" was my opinion but I do not say it would make no sense to raise in case HAA has to do one. He is in meetings finalising the structure of the company when the other signatories have most leverage in the meeting. sharezy is an idiot.

TKGM

TKMG level placing.

Facilitating country relationships for future benefit could require a placing as an acceptable method for that even though well covered ability to take debt instead of equity should be the way to go for the project post signing. This is why a takeover by a well cashed miner makes sense for preserving equity. These are the sort of negotiations and opposing forces being considered in London in the 'conclave' imo and the Ethiopians will ensure their country has another slice in the deal making. HAA has to balance sale at the right price against dilution.

Wasting my time trying to repeat you research dsrt2012 as I would like to read about the big seminar for myself.

Not get

They only go into their 'conclave' on Monday which could be any length but two weeks max is my guess. Should make the hospitality bill exccessive.

I think more a case of ADHD and autism and sufferers are often very gifted. Midroc able to do all this because Our executive chair helped educate the Ethiopian hierachy and changed the financial landscape. We should get our reward for risk so it is not only FDI benefitting but a substantially home owned enterprise owning a decent % of a company.

Yes, have signed up!

Can I follow your posts on x MrH ?

I suppose that is spotting elevated number of A trades in a channel.

What are the cues for algo action, is it A trades at certain points of the chart?

What about Market v Prospect : the focus for the moment MrH is on finance sign off and then after news we all indulge on the rear view or revel in the future.

I don't think so.

You have made some excellent points there MrHumble and leads me to bolster my positivity with reasons for the trip to London. It is true that Ethiopia has financed resettlement to a degree etc and its Sovereign Wealth Fund are involved. On the side HAA says he has been pushed to get started so has committed to setting up the site; ' • Site preparations progress on schedule:

o For the community:

▪ The local Government agencies are implementing the ‘Resettlement Action

Plan’ with the support of TKGM.

▪ As previously reported the community compensation programme was started

ahead of the Project development schedule.

o For road and electricity connections:

▪ The new roads from site to the bitumen highway:

• One road is nearly complete, to provide a quicker all-weather

alternative to the existing traffic routes.

• Start of construction within the next two months for the other new

access road, which is designed to cater for all-weather delivery of

heavy loads such as plant and mine equipment.

o For electricity connection:

▪ Procurement of major components is complete.

▪ Start of construction is planned within the next two months, so that its

completion is in time for plant commissioning

o For plant and site infrastructure:

▪ Immediately after signing we will:

• procure plant components.

• mobilise civil works to follow resettlement.

▪ all construction across the Project site is phased to follow community

resettlement which is phased accordingly and in compliance with the

requisite standards. ' https://www.kefi-goldandcopper.com/files/announcements/kefi-tulu-kapi-gold-project-update-2sep25.pdf

Being critical all that can be construed as a bit ambiguous.

It all leads me to think the acquisition of licences which he has splurged on recently was to attract a bidder.

On the face of it Tulu Kapi is a good prospect but with KEFI's added pipeline and the financial groundwork for TKMG being good if it can now be enforced then the trip to London is to seal a deal with a big miner who can follow through on the terms agreed but requiring those final signatures.

Ethiopia is still an undeveloped mines area re the law even as it forges ahead where money provides the impetus but KEFI does not have that money.

I don't see why KEFI could not go it alone but TKMG would be a side show for a multi billion outfit able to press ahead with all the licences.

At the moment though PatShare the conclusion to finance and a meeting in London does seem to me that in Ethiopia the parties are happy. Who will be in London at talks with KEFI could well include Han-c-oc k or similar far a speculative offer. Why was insider (for the city MrH) accumulating and suggesting southern hemisphere interest. Anyway if Ethiopia is all go there is sure to be a good rns post London to reflect the positivity of Tulu Kapi

HAA 2/9/25: This first international project finance closing for Ethiopia results from a notably collaborative effort,

which has brought together hundreds of people in many public and private organisations at Tulu Kapi,

in nearby regional centres, in Addis Ababa, and across multiple locations worldwide.