Member Info for ElDave

TST, I think you are probably right about that RNS, it is not what we want to hear. Harry will be really pxssed off if he has to announce yet another hold up.

With regards to the appointment of a new MoM, this can create a period of consultation and catching up with what has been happening with board members and other ministers. This is only to be expected as he settles into the role.

Harry maybe resigned to the fact that the funding will be done when it's done, frustrating as it is for shareholders.

Fukutu1
This is another obstacle that Kefi does not need IMO. The Q1 window is getting is even tighter now.
Kefi's stance has always been apolitical. It will be interesting how this progresses. We could be in for a long haul. Will Saudi pull us out of the mire?

Good news and all still on track for Q1.

We have not had a large buy volume today but at one stage we were up 15% now at close of 11%.
This is not definitely not the FOMO effect.
Will those investors who sold 1,000,000 and 2,000,00 at close live to to regret it?

We know how tight a ship this is, so something seems to be getting closer.

Surprised to see another day of selling with 2 excellent updates.

What an update on the SA progress!!!

'The addition of these licenses brings the GMCO land holding in Saudi Arabia to over 1,035Km(2) , covering what GMCO believes to be, some of the most prospective and underexplored ground for polymetallic VMS and orogenic gold deposits in the Kingdom of Saudi Arabia.'

Kefi is pushing on with SA. It looks as if TK is stalling for some reason.

Let's crack on with Saudi then.

has been this statement from today's RNS:
"for which a formal update will be announced shortly".

So only an update will be given. We can speculate whether this is going to be good or bad news.
50/50 gamble moving forward.

Really excellent MRE updates for Hawiah. Certainly moving in a positive direction there. A better choice of words could have been used in relation to Tula Kapi. It doesn't give off a definitive outcome?
oh well, there will be an update shortly so we'll find out then.

From the RNS dated 21.11.22
"An official Project launch is planned for early 2023, the timing to be determined with the Ministry of Mines."

So, the final decision is with the MoM!
This points to Q1.

WakeyInvestor -
Kylie Minogue fan are we? Lol.
Altogether now:
In my imagination,
There is no complication,
We all hope its a lot more than a dream and not a fck'n nightmare!!

I have taken a look back at the RNS dated 21.11.22 which says:

Conditionality of Project Plans
Since signing the syndicate Umbrella Agreement in June 2022, we have updated all Project costings with international fabricators and other suppliers, updated contract documentation, had both of our banks confirm there are no more policy impediments to their participation, adjusted intra-syndicate finance contributions and started assembling completed documentation for lender review before execution.

Positive rhetoric.

"costings and finance plan has now been agreed by all the Tulu Kapi syndicate lead contractors, investors and lenders. It is currently being processed for final reviews and entry into definitive documentation to be signed as soon as possible, with the expectation to achieve this next month."

So there it is in black and white, it is" expected" in December... NOT GUARANTEED.

Not a lot of buying in anticipation of the December sign-off, especially with one more trading day to go!
It may pick up later.

for that awaited RNS.
Will it be a Ho! Ho! Ho!
Or
A No! No! No!
Let's see what Christmas pressie we are about to receive?

We have 1hr 10 minutes to see if this blooming RNS comes in today.
Stock market closes at 12.30 for info

Secret trader
It maybe a simple issue by the EG that can be resolved before we have takeoff and we are so close. If its a more complex matter due to more of a regional stance then this maybe different.
As we have had no update on what we are supposed to be awaiting from the EG all we can do is speculate that is of some importance as without this we have no TK...at the moment.

I take your point about Governments procrastinating, lol.

They Obvs got b*lls of steel or money to BURN.

Let us hope that is NOT a short or they will be saying 'woe is me' lol.

Fantasy/. The problem is these small escalations can soon erupt into something more serious. You alluded to state of emergency of which there have been a few and we have come through this stronger. Playing the long game is good.

Your guess is as good as mine. The flaky investors will jump awaiting a better time to invest? The question is is it now or later?