Member Info for ElDave

The ISA affect.

Would have expected this to be up at least 15% with all the buys. Early doors perhaps.

From the Q&A
A. Given the time and effort given by all parties in the finance syndicate, we strongly believe this group will provide the necessary funds. Of course, the funding mix may be tweaked if circumstances change prior to closing.

Strongly believe is totally different to 'They will provide the necessary funds.'

No binding agreement still!

Wasn't this funding down to be completed around June?
A long haul ahead then.
Better opportunities around.

Absolutely agree. With all these assets and we cannot even hit a lowly penny.

What's the name of the company?

The credibility of the bulletin boards is dwindling very fast... a real shame. :-(
It seems that social media is also going this way. Twitter has a rival so I assume people are getting just as fed up.

The conflict is holding up the sign off.

A simple summary...
If something sounds too good to be true... it generally is.

Until the next excuse(s). Who knows?!
The worst case scenario is that the SofE lasts the full six months. So it's not all bad. (crossing fingers).

Harry did say on one of his webinars that if any investors coming in would hold up proceedings then he would not let this happen. Having said that one of the deals is the mining licence which is as important as the funding as without this nothing can be signed off and no mining. A very difficult predicament for Harry. Let us hope this resolves itself quickly or a possible further 12 months delay. This would mean that we would have two mines running concurrently.

Let us see how this develops.

If all was not going as planned we would not have had a detailed explanation of the current situ in Ethiopia. Still looks positive. IMHO.

new investors which as we know is the lifeblood for any company.

If we get to 2p then it will give investors confidence that we can possibly reach the brokers target of around 4p. Does not seem there is any confidence here at all?

Would have expected the sp to start to rise. Market still not convinced?

What urgency is there to close this deal?
This is getting unbelievable.

Action and not words is now very much required!

taking the proverbial. Put us out of our misery, one way or the other. Anything has got to be better than seeing our investment slowly going down the pan :-(

Not if they should lose they won't.
Think about what has gone on in the North of Ethiopia for the last 6 months.
This election may change the course of events there. Who knows until the final outcome of the election in the next weeks or whenever it is.

indefinitely.

This from the other board
www.france24.com/en/africa/20210515-ethiopia-postpones-elections-indefinitely-over-logistical-issues

What position does this leave Kefi in now?

Looks as if the smart money is leaving. This was supposed to be a dream for most. It is turning out to be a nightmare.