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And MrHumble, HAA has admitted as much(not in control) but he is in lockstep with the Ethiopian business interest who are not concerned at all with moving the SP like you and the dark market.

The executive chairman is an accountant MrHumble and has worked diligently to preserve shareholders with no dilution. I am no expert but Ethioprefs are linked to gold not the excessive gold TKMG will find in the ground and any share issuance post finance will be filling the coffers of existing and pre-signing share buyers. Even the workers on the ground, BCM, have not got pre signing equity and they have more leverage than your mythic makers. Ethiopia is green pastures not red risk and licences are snapped up. The Sovereign Wealth Fund will make sure their % is not diluted and Oromia are copying the tactic, both in lockstep with us in scrutinising the company costs.

I think the authoritative KEFIGOLD has legitimately indicated why the makers want you involved MrHumble. You will not have any effect now for your employer which I suggest you must have, to dredge up your compendium on the markets and prognosticate like a God which is an oxymoron when juxtaposed with the utterances of your moniker. Obviously a very clever chap latched on to by the market participants who want to control KEFI's SP but they are wasting your time (and theirs) as you have admitted.

You are desperate now, have you been rumbled I wonder.

Could well be a US outfit if true interested judging by MrHumble's weaker ripostes!

No idea deedee1 but my thinking is that a deep pocket would mean no dilution and KEFI a very tasty morsel while the Africa parties could meet the prospective purchaser. It is a good scenario for everyone and at least a 10 bagger>

MrHumble; why are they meeting in London. My thought is either all the lawyers are there or there is another mining company wanting to be present to plan an imminent takeover.

I am very surprised at the location after all the talk of local participation and Africa centred interests.

No Stebo on the list?

You've gone rampy MrHumble, purely on the market action to confirm finance which you must see will happen. (I suspect)

'we' I suppose is funds considering investment. Wheaton certainly is a forerunner with Allied Gold. The we here are the owners and do not consider the finer details post buying in but look to the rose-tinted future.

I think the business environment is more friendly than in the UK; definitely open door.

Https://www.kefi-goldandcopper.com/files/presentations/kefi-agm-presentation-17july25_0.pdf

p5 of 10 shows ownership.

Try a wide angle lens MrHumble as no need to carry the baggage for big funds in your position.

I think that should be 10% of TKMG not KEFI " Relative TKGM ownership for KEFI and for the Ethiopian Government is based on the 2017 agreements and the consequential entry-valuation of c.US$200 million (c.£150 million). Three agencies of the Ethiopian Government are shareholders: the Federal Ministry of Finance and the Sovereign Funds of both Ethiopia and the Region of Oromia. "

MrHumble; the rns says the 2017 % agreement was 10% of KEFI is Ethiopian, ie their 20m$ of a 200m$ value so I assume whatever KEFI does that ownership remains at 10% the RNS also says " § An equity risk note structured as "KEFI Ethio Prefs" - a private placement to Ethiopian qualified investors of cumulative preference shares to be issued by the newly-incorporated KME Ethiopia Holdings - to be non-convertible, redeemable after 8 years, US$-linked and with upside to the gold price prevailing at the time of subscription. "

The EthioPrefs are designed to give gold backed value without equity interest for hnw Ethiopians and businesses. I am hoping this will be a success and be a source of funds for more mines, in any event you have to hope building the business will involve more partners in one way or another and KEFI having a diluted ownership of a big Ethiopian conglomerate!

It is a risk but not one for you.

I appreciate your business acumen necessary for your job and the insight you have given me on the decision process for deep pockets. It all makes sense; the little player does take risks?

Krfi is a trailblazer; the ground is an easy open pit for the aussies and do they get cheap electricity as at Kurmuk. It makes dense not to waste the hydro. Granted life of mine is not long but deeper deposits are there and neighbouring licence should revert to KEFI. The Government will get strong on the back of international fungibility and influx of miners who kickstart GDP rises.

You need to give weight to the new financial regulations and a cessation of civil war and getting Africa's act together in the light of USaid evaporating. I hope you are wrong about the resource.

A coming raise does fit nicely with all your reasons Humble but you are not talking here to your clients who would do well I suspect to heed your advice you are talking to the owners of the business already invested. We are part of the market which is made from having players with different strategies. Whether it is a winner or loser they are both imposters for fans of Kipling.

Like you say MrHumble a trade sometimes turns into an investment. What is you rnumber/year for that happening. I suppose I would need to know total trades per year too.