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Good update.. This will mean we don’t have to rush selling SA assets. However this update will become good - when the overall funding is completed.

I will take the progress for now.

1.5p on this update, no chance. Finance is not done yet, I don’t see 1.5p on this news.. lets see what the market decides..

GL

Lol... someone believing what HAA had been saying for the last 10 years.. :)

GL Simms..

Another week passes by.. while the gold is at record high, Kefi is at close to record low.. Full of potential, but not quite delivering what we promise to market. Can’t wait for end of June, the new target timing.. 🙂

All the if and buts... can HAA pull out his finger and deliver something meaningful... :)

Is that yours wayne? Didn’t realise you are still keep a tab? 🙂

Well Kefi need TK finance news… gold price is good and positive but haven’t done too much to kefi’s share price so far… GL

Catbert - why do you think that KEFI is so undervalued, underrated or unpopular?

Stebo - now i am very worried about my kefi holding.. I personally didn't realise we had 825b shares or will have in the future.. :) I hope kefi's MC is in trillions.. :)

Stebo - thanks for sharing your sp predictions.. sky is the limit.. :) what MC are you expecting?

PS: we could have 100p share price with the same MC of £40m..

Kefi first started its first work when the gold price was $1100.. and deemed financial viable.. 3x gold price snd still trying to get the finance over the line.. we had wars/soe/covid during that time.. still… if there was sports linked to can kicking, HAA would ace it..

Manu - come next year please.. :) we move goal posts each quarter; ratification, approvals, documentation, rainy reasons and we repeat... :)

With KEFI, HAA and the Q &A; look back at all the answers in the last 5 years from HAA.... It is all smoke and mirrors.. cannot give a straight answer. Don't run parliament. Not expecting to run parliament, if you can't run KEFI properly.. :) Jokes apart. All the shareholders are asking are the steps to achieving it. When you say, we need 1 document and when you complete that, we then find there are another 10.. Thank you for all the confusion which have created. I sincerely wished that HAA resigns or pushed out... and haven't delivered anything meaningful. I am now eagerly waiting for rainy season RNS.. GL

Buried - TW, his truth, 4 years of double the share price by Christmas, all on track information, near term catalysts…. If you look back when he first recommended to where the share price is now.. it’s laughable, if he is still writing about KEFI.. HAA and TW had been flocking together? 🙂

Tommo - no one denies the opportunity and potential here in Kefi... its the execution and constant delays..

I worry when we get these interviews from HAA... you know why? Most of the time these interviews follow placements.. he pumps and then dumps more shares in the placements... lets hope its different this time... GL

SB - my views are very similar.. great assets... but poor leadership and execution.. will leave it at that.. :)

Rob - correct.. HAA and Kefi are great in planning and poor in execution. With gold $3200, Kefi and HAA is laughable really. She should have done the deal awhile ago. Drag, drag HAA…

SB - I haven’t seen you this frustrated.. Anyone apart from HAA would have made significant progress by now. The guy is a liability. GL

Crazaytown - correct, HAA is very good in updating everyone. Every time he kicks the can down the road, he lets everyone knows it... :) HAA has failed to deliver TK so far.. :) may be Christmas 2025. GL

"Those suggesting Harry / KEFI leadership is incompetent are only lying to themselves.

Tulu Kapi is on the edge of financing and construction and we are about to sell Saudi for multiples of our investment in it. So many explorers never make it to this stage, yet alone in new territories.

Kefi is actually very good at updating shareholders via RNS and Q&A. Whilst it is frustrating I've not made millions here just yet, I can see it coming with every RNS showing progress."

1plus1 - not sure if you were referring to me about negative posts? Happy to answer. Fully aware of risks and rewards when I started investing in Kefi... but didn't realise the level of incompetency of HAA, his over promise and under delivery trend. Consistently failed especially over the last 3 years after the SOE/war and covid etc.

Stebo - read at your leisure.. RNS from 2016 and the latest RNS.. we have made GREAT progress in the last 10 years... :) Lies after lies.. and it is best imo for HAA to quit.. EMED was transformed after HAA vacated the seat, there is a clue... Serial lifestyles? :) GL

Nov-2016 RNS

KEFI’s Executive Chairman, Mr Harry Anagnostaras-Adams, said: “The Tulu Kapi Gold Project ranks high as national priority within Ethiopia’s Growth and Transformation Plan and we are delighted to have the strong support of the community in addition to the support from the Government at all levels. KEFI continues to carefully advance the development and financing plans for production in 2018 and recent Government changes in Ethiopia have reinforced mutual commitment to the Project.”

https://www.lse.co.uk/rns/KEFI/tulu-kapi-update-following-financiers-site-visit-f81gak4g4qzwg0d.html

Apr-2025 RNS

KEFI Founder and Executive Chairman, Harry Anagnostaras-Adams, commented: "The preparations for full launch of Tulu Kapi Gold Project are advancing across all fronts for signing this quarter of the assembled detailed definitive documentation. The economic metrics continue to improve and the stakeholder support is across-the-board.

https://www.lse.co.uk/rns/KEFI/corporate-update-925h99ja4ten43q.html