Member Info for Drewton

Seems Stephen X .. you have little if any intellectual capacity ..

By your logic no one in the US will ever buy into KEFI because they are not listed there ..

blocked as I do not need your petty insult

Canadian markets will be closed on Monday 13 October for Thanksgiving and will reopen on Tuesday.

Other exchanges are open as normal as far as I am aware.

It will be interesting to see how the US market responds

Especially the effect on the share price once they have digested the RNS and the share price rise from the UK opening bell

:-)

So …. The BBC … aka the paid shills

Tulu Kapi is about 360 km due west of Addis Ababa.

So a rough estimate: the straight-line distance from Tulu Kapi to the Eritrean border/capital would be about 1,000-1,100 km (this depends on which part of Eritrea you're measuring to).

Add to that the fact that the majority of fighting age Eritrean males are enjoying 3 meals a day living in 4 star hotels in the Uk paid for by the UK Government

Amazing how all the green Boxes have suddenly vanished

https://www.*************************** 7 october 2025 article on kefi

I think they meant to try to buy at .29 and fat fingered their transaction

No view or opinion - just copied & pasted

https://x.com/Share_Talk/status/1974132288892830079

GEO has compared the Juno targets to an intrusion-related gold system and benchmarked the opportunity against Havieron in public commentary — the company is explicitly targeting an IRGS-style system.

Geophysics/modeling indicates primary targets start at depth (~~600 m) and a historic deep hole (PHD001) ended short but showed proximal alteration and sulphides — i.e., there is geological reason to expect system-type pathfinder signatures at depth.

Realistic assay outcomes (what labs typically report and what each would mean)

Best case — “Havieron-style” discovery

What assays would show: coherent, multi-metre intervals returning multi-gram gold (e.g. several g/t Au) with associated significant copper (tens of 0.1% up to >0.5–1% Cu in some intervals), plus elevated pathfinder elements (As, Bi, Sb, Te) and sulphur/sulphide abundance.

Middle case — encouraging but not blockbuster

What assays would show: anomalous to modest gold (e.g. 0.5–3 g/t Au in places, narrow high-grade shoots), with spotty copper and pathfinder enrichment; intermittent sulphide zones and alteration but limited continuous width.

Negative / null case

What assays would show: mostly background/trace gold (

Another step in the right direction .. people getting paid for the services that they have provided

I bought in a while ago .. sold with a modest profit and invested my money elsewhere

just bought back in .. now cheaper than before .. but fully appreciating it's all about the risk -v- reward and hoping the assay results in their exploratory area are equal to or better than anticipated

What we do know so far

1. Geo Exploration (GEO) has finished drilling its first hole, JUD001, at the Juno Project to a depth of 810 m.

2. They report that “all targeted rock sequences” were intersected, which suggests the drilling reached the geological targets they expected.

3. The core samples will be sent to a lab, and assay results are expected in Q4 2025.

4. REMEMBER .. it's greenfield exploration project in a region with relatively little prior modern drilling.

5. GEO is among the early movers in this ground.

6. The market is aware of the uncertainty inherent in exploration and the share price will be volatile and modest given its small scale.

7. GEO’s share price is in the realm of tenths of a penny (UK pence).

My opinion fwiw .. GEO has met its drilling objectives (target sequences) but we have no information on mineral grades, widths, continuity, or economic viability.

BUT I'm invested ..

So now the East Yorkshire caverns will be used to store Hydrogen (was previously suggested some years ago?)

I recall at least five proposals, and more if you include some more speculative/academic proposals the list grows to around 6–8. Below are the main uses

1. Natural-gas storage (existing / originally proposed) — the caverns were developed/expanded to store natural gas (plans first mooted in the 1990s and the Aldbrough facility now operates storage caverns).

2. Hydrogen storage (planned / proposed conversion and new caverns) — large projects (Aldbrough Hydrogen Storage, H2H Easington etc.) propose converting or building caverns to store low-carbon hydrogen.

3. Conversion of the Easington gas terminal into a hydrogen production hub (so the site + caverns become part of an integrated H₂ production → storage → pipeline network).

4. Compressed-air / long-duration energy storage (CAES) — salt caverns are frequently proposed in the literature as a host for CAES (not a specific operator’s local planning doc, but a well-established proposed use for caverns).

5. CO₂ / compressed-CO₂ storage (CCS / CCES ideas) — papers and proposals discuss using salt caverns or underground geology for CO₂ storage or compressed-CO₂ energy storage. (In the Humber region CO₂ storage is also being discussed as part of carbon-capture chains, though that is often offshore saline aquifer storage rather than cavern storage.)

6. Other uses that appear in academic/industry summaries for salt caverns (and which people sometimes propose) include storage of hydrocarbons/LPG/crude and other industrial fluids or temporary disposal — these are common theoretical uses for salt caverns in the UK literature, so if you count every speculative use the total rises to about 6–8

I am not one for day trading .. I buy and keep, but sell initial stake and try free ride to a predetermined target / sell point

Today will mean looking for the next small cap that it good to grow but with little if any risk of dilution

Wish me luck :-)

Tomorrow I shall be on the look out for pedigree unicorns lol

Sources of information are from KEFI project pages and recent company announcements / project updates (KEFI PDFs), Mining Weekly / industry coverage.

Lycopodium Limited — process plant design & EPC (process plant construction).

PW Mining / PW Mining International (PWM) — open-pit mining contractor / mine services; party to umbrella/final agreements.

African Mining Services / Ausdrill (AMS / Ausdrill group) — historical award/contract for mining services / equipment supply (named in earlier contract announcements and KEFI project history).

Corica — named in project coverage as a mine services provider (listed in some project contractor summaries).

Ethiopian Electric Power (EEP) — power provider / co-ordinator for on-site power infrastructure.

Ethiopian Roads Authority (and other Ethiopian public-sector infrastructure agencies) roads and civil infrastructure.

Local Ethiopian contractors & civil works suppliers — (KEFI refers to local contractors/authorities for resettlement, community works and civils in multiple updates; specific local company names vary by package).

Various engineering, environmental & certifier consultants — independent technical experts, certifiers and lenders’ technical advisors are engaged (named in project overview and finance documents).

HIghlights

Approvals and signing of full Project finance package scheduled for completion in September 2025.

Field activities on schedule and full development expected to begin in October 2025.

Recent Project Developments

Meetings with co-lenders and respective legal teams have started with a VIEW to signing facility documentation by the end of September 2025.

It will happen when it happens .. but it DID say with a VIEW to signing by the end of September

Happy Days and fond memories

There’s been these trades signalling god knows what 🤣lol

666

777

888

Single shares … £1 transactions and god knows what

If voodoo or reading numbers is your thing .. crack on

I watch the discussion board ..

share price moves like 0.000001% up and some posters get a hard on

share price moves like 0.000001% down and then it's the end of world

it is what is it .. I'm invested for the haul (not day to day trading ups and downs, and if I was I'd have made a few £ over the last week)

I test my investments in the first instance using a simple Market Cap -v- shares issued to determine the share price (and ignore unrealised assets as they are a bonus and in doing so depending on if they need funding / dilution) along with track record (again AIM funding dilution!) together with the risk - reward (Surface Mining - all inclusive cost of extracting etc)

I've made my mistakes

Who was involved with CND (Condor)?

I was involved sub 1p rocket train / pump dump (and I thought I'd escaped with a modest profit)

I checked recently and Condor stopped trading at 32p when they were sold (caveat - did not check for any dilution)

My view now .. look at the long term .. do your research .. be brave and be prepared to lose (so spread wisely)

Also .. I am a complete novice .. still, even now

The parties named in the RNS have helped / assisted KEFI meet its business objectives

Tavira Financial Ltd — acted as Lead Broker / corporate broker for KEFI’s placings, investor presentations and capital-raising activity (listed as KEFI’s Lead Broker and contact on multiple RNSs and investor documents). - source London Stock Exchange

Jonathan Evans — a corporate broking executive at Tavira (named alongside Oliver Stansfield on KEFI announcements), who performed corporate-broking duties — i.e. helped run placings, communicate with investors and facilitate the exercise/issue of broker-warrant shares. (named on RNSs and Tavira corporate-broking materials.) - source Investegate

Alvar Financial Services Ltd — appears as a recipient of broker-warrant shares in KEFI’s recent exercise of broker warrants and, given its business, would have been acting in a broker/financial-services capacity in the transaction (it is listed on regulatory / company filings and RNSs as one of the entities issued Broker Warrant Shares). - source Investegate

They all acted in a role of lead/corporate brokers and placing agents (Tavira and its corporate-broking team including Jonathan Evans), they arranged and executed equity raises, handled investor queries etc .. they earned the corn .. nothing new here as it's all been advised in previous RNSs

All clearly content to have some 'skin in the game' by taking a risk of payment in shares ..