RE: Let's hope26 Sep 2024 07:55
Security has been the key to Funders providing Kefi with the finance to get the TK mine built and into production. The latest RNS confirmed that everyone is happy with the arrangements now in place ('Security: all required inspections have now been completed satisfactorily and and no further inspections are required by any of the Tulu Kapi Project funding syndicate members ahead of investment approval')
No more negotiations on the terms of the loan required by the 2nd Bank (RNS: 'Conditions precedent list no longer contains matters for negotiation, but has been reduced down to matters just requiring documentation finalisation and formal execution')
Gold currently trading at $2,660 and primed to go higher with the possibility of the debt finance being cleared within 1 year of production which would be amazing
And then we have our Saudi assets which are going to be much more valuable than Tulu Kapi! (latest JQ drilling results due Q3 2024)
Come on Harry, lets give LTHs something to cheer.....