Member Info for DRWHO319

This statement indicates few coming progress for so-called "raid transformation " for what is worth: 1) two drilling will likely taking place simultaneously, esp if they can secure a farm-in partner, but at least one well at this 160 acre site with own money. 2) MA deal on few production well nearby can be bought out cheaply from smaller owners with low interests loan which will indeed addd to the total daily production amount. i.e cashflow. 3) these "production wells" will likely be vertical wells, which in turn, may have potential to expand for horizontal well... So fingers cross for Matt to deliver after all we are not diluted so far. IMHO only and any comments welcome. GLA

I don't expect this as we are cash flow positive and debt free for now , Matt's last buy was almost 30 days ago now (close period) so we should have news on drilling program and farm-out hopefully ver soon as his last interview indicated. GLA

The_shareminator: by then when ANS puts up with their local current, you will be paying a price of 5p at least , IMHO only!

This co-ordinated action has released all of KEFI's security encumbrances, other than minor cash security deposits, to allow maximum flexibility for structuring the financing of the Company's Tulu Kapi Gold Project (the "Project"), which potentially could include a larger initial Project equity investment by Ethiopian private sector investor, ANS Mining Share Company, the details of which will be concluded in due course.

https://www.investegate.co.uk/kefi-minerals-plc--kefi-/rns/convertible-loan-facility-and-operational-update/201908050700068217H/

For ANS not to put up with their LOCAL CURRENCY for the handsome stake in GOLD makes not sense whatsoever, IMHO ! Only possibility for not to announce the funding could well be that Locals wanting a larger stake As CEO claimed in previous RNS!!! ADDED!

Thanks Gaz but Its Director Karl Townsend said to me yesterday that they cant do it now, maybe in future....Anyone else have recommendation of other UK brokers can do the job pls, many thanks .

End of month again, New BOD didn't even bothered to update UEN's web page (still an AIM Co), any suggestions on some sort of action at all?

So far so good. Gaz: my share cert. was issued by "Advanced Share Registry Ltd" back then, did you manage to find a UK broker to have your share in your UK account for easy dealing pls ? Many Thanks in advance.

What if All UK ( non-russian) shareholders group up and share the the cost (proportional to his shareholding number) for a legal kick? Surely will be better than doing nothing and it them rob us all in broad day light ....! make sense ?

NOT Good at all...Anything we little shareholders can do, maybe together via legal means?

on dear...Does not looking good at all. With web site down, no way of obtaining Cyprus share certificate, we shareholders has no way to claim any rights what-so-ever......Are we screwed and lost all our money ?????

Thanks Urraca: But Last Friday, I was told by the" Computershare.trade" who is said to be the registrar of Urals Energy that the Crest Facility they had was no longer available then. (another strange set up as my Broker "TheShareCentre" has no control of shares they were dealing)..Anyway Urraca, how do you know the Crest facility is still available pls? Many thanks.

Dear Fellow UEN shareholders: I got a rather disappointing response from my broker (TheSharecenter)on my request for share certification as follows:

" Unfortunately we are unable to do this on your behalf as creating a certificated position on the Cypriot register is not something we can facilitate and therefore we are unable to action your request to re-register your holding. Please accept my apologies for the misinformation provided.

If you have an account with another provider who has the facility to do this then we can potentially transfer your holding across to them to re-register subject to their agreement and a £25.00 fee".

I shall be most grateful for any suggestion or advise if possible. Many thanks in advance.

Guys: I just don't see how making totally "doomed prediction" of UEN's future (our money's future i mean) will help. After all, Alders did put over $20M for its 44.5% back in 2013, Mr Kononov has his reputable to maintain, let along the expectation of local govt....(refer to ADLER IMPEX S.A. circular doc.of 18th Feb and don't bother telling me they are all thieves pls!)

Since UEN's asset is huge (compare with its insignificant debt) and will be continue producing oil (cash), I just can't see how the new BOD to commit daytime robbery by ignoring the interests of shareholders. AIM is not the only rule maker and Cyprus is not totally lawless.

As long as BOD stick with laws and keep its independent audit, I am not ready to accept a written off like some of you....simply because there are so much BOD can do to create value and we are still shareholders, same as Mr Kononnov....GLA

There we have it. My broker was right and a new NOMAD was proposed by Mr K then. I just can't see any more the current BOD can do to save their job, let along any grace !! Expect the Pitch from Mr K shortly before EMG fir sure I think.. GLA

I asked my broker to cast my vote of "in support of ALL resolutions proposed by the Requisitioner, Adler Impex S.A. " yesterday. My broker's mentioned about " suitability of new BOD', as well as a New NOMAD. Was wondering if any of you have same info? If a new NOMAD was proposed by Mr K, it seemed Mr K is well prepared for any trick the current BOD may play and determined to use a New NOMAD for the final knock-out at EGM, which makes a lot of sense ....GLA

Not really maddskt! I put big money where my mouth is! Every shareholder is Entitled its position ! Fare enough !

Todays news means very little for few ozs less ! PGD is FAR better Explores than miner for sure and the Miguens family is the true BIG beast of locals who know precisely where the gold is, hence the forthcoming Calcatreu discovery, hopefully BIG, along with recently announced 4 free property from GoldCorp Before its takeover by Newmont, goodies leave to friends !!! See all new institution shareholders !! Long term play for a big takeover bid by majors when gold price start to shoot up soon! This is the game here I believe !! GLA

Guys : I still think the recent rapid rerating and HUGE potential would well be caused by the rapid gold price rally $1297 last nit at US time (as USD going down), break off and over the $1300/oz will make the economics for the 300,000oz of reserve beneath the open pit at Cap Oeste works out perfectly, let along the forthcoming drilling results on Calcatreu, PLUS free 4 new properties in the area !!! vGiven the last round placing was 1p (100 today), I just CAN Not see why this is not going back to 150-200 range very soon. ! Hold and buy is still my approach !! Just personal position and no advice intended. GLA , Dr WHO

Its seemed the economics for the 300,000oz of reserve beneath the open pit at Cap Oeste is working out under the very bullish gold price trend for 2019 !! MM need your share but hold and buy if you have spare cash. Last placing was 100 today's price paid by chairman , the one before was 195 by chairman and CFO i think !!! Back to 175-200 will be in no time I believe !!