RE: Time is running out for Harry12 Mar 2025 11:47
HAA spelt it out in his 3/7 panel appearance. Financing via country and banks has been a slow process but the only way forward at the time. The financial structure of market dealings with other countries is now reorganised in Ethiopia through a process HAA has been heavily involved in; how else could he have earned an ambassador style role in Cyprus?
Ethiopia has now entered a new chapter of mineral exploitation with Allied Gold out of the starting block quickly with Wheaton Precious Metals. Power from the grid for them is just 4 cents per KWh at Kurmuk. Canadian and London banks were quick to support Allied Gold, HAA has cultivated African sources which will help with local geopolitics (rebel groups and hopefully no more trouble) and future expansion.
To ignore these macro developments is head in the sand stuff and obviously to raise money from shareholders has required a lot of promises positivity and time for this plan to work so why blame HAA. The credibility is not for HAA to exhibit but Ethiopia and the banks and they are on the verge of doing so.