Member Info for Fukutu

Price drifting away.... until we get confirmation the ratification has been concluded and that BCM have confirmed they are stumping up the $23M.

Pressure is on if no $23M, I guess.

The sp has been run up due to everyone's AFC ratifications expectations prior to yesterday's RNS.

This is still a while off yet and this will start sinking in.

Peeps been taking profits.

We have this little gem from todays RNS:

"Following this positive development, KEFI will continue with the scheduled Project launch steps,

as pre-agreed with the Ethiopian Government and the Project syndicate."

Make of that as you will.

On rereading yesterdays RNS,

"BCM's appointment remains subject to completion of the reciprocal due diligence and approvals."

Now a lot is riding on this as their ntention is to contribute a portion of pre-production costs, currently estimated at US$23 million, but they are the preferred mining contractor as well.

Hope the Kefi has a plan B, As we have seen in the past, everybody has good intentions, but they pull out and Lycopodium is no longer a consideration.

I have looked on Lycopodium website and cannot see any mention of Kefi or any link to Ethiopia.

I am sure that that there was information on there before or some case study?

Have they been selling down heavily recently?

Finally. A good update!!

The Market as usual will decide.

Frustrations will be shown if no update or news.

We should be having an abundance of news!!!

Not long to wait to find out.

Could be an interesting one!

Will this become the eventual placing price or will we see it drop further?

Many on the sidelines awaiting direction.

It will be interesting to see how the markets perform.

Could be some good buying opps ahead??

Could indicate more large sells coming through.

Delayed trades seem to appear regularly.

Will these large sells continue?

Ask the question, why sell when we are so so close?

Mate always the same.

Are we to see lower lows will be coming through until this sorted?

Where will the sp end today???

Optimism.

I like it it!!!

Have we reached the lows, yet??

With all the latest Rock 'n' roll hype and Q&A's, the belief has long gone. Millions being sold off daily.

Maybe reality is finally setting in for some.

Investors are scrambling to invest here or not.

Binary bet!

No one really interested at this bargain price.

Who knows maybe further bargains..... give it time.