Member Info for Hubstar

Bonker, he refers to update on other assets ( the only other assets we got are in Saudi and they already stated intention to sell ) so it does not need sherlock holmes to work out what is meant surely?

""I look forward to updating shareholders over the coming weeks with our progress with respect to financial close and preparation of Major Works, as well as other potential developments on KEFI's other assets."

Pedro,the key takeaways from the RNS today is that both banks have AGREED the increase in the finance deal and AFC submission and fast tracking is under way.Additional the mention of Saudi sounds very promising that will be timed for the full major works ,also the date of webinar suggests there will be much to discuss from the previous few weeks activity and newsflow.Is pointing to mid - january for the biggest news and perhaps on both fronts.

Diggit,the key thing we just learned is that BOTH BANKS HAVE AGREED THE NEW FINANCE DEAL ,it cannot be any clearer and for good measure we have a sale of assets in Saudi that could raise more than our current market cap. Also we have new notable international investors aboard,i would like to know who these are ! i believe this was something both banks wanted to see before full launch.All coming together and as harry says the "stars are aligning " . I am adding to my holding significantly.

Crazytowner,yes it all looks to be coming together at the same time :-) i think harry has timed the sale of Saudi to coincide with our full lift off at TK.This next few weeks i anticipate this will get a significant re-rate as the wheels start to turn :-)

:-) typo ( imagine £50m added to our bank balance just as we start TK proper ). I will be trying to double my holding here today.

Robjm66, it is all there in the RNS ,both banks have agreed the new terms and AFC ratification is pending and being fast-tracked,effectively harry has just given shareholders the green light that we are finally in play for the full Tulu Kapi major works launch.Also new key investors are aboard and it would seem Saudi sale will happen shortly too ( imagine £50 added to our bank balance just as we start TK proper ). I will be trying to double my holding here today.

Bonker you are missing the key factor here ---- both banks have now agreed the new terms of the finance and major works are launching. Cannot be any clearer that we are in business at last !

BINGO ! It is happening finally ,the two long standing banks have agreed the new finance terms and the government has approved and will now fast-track AFC membership :-) other things of note it would appear the sale of Saudi is very very close and he says "I am pleased to welcome several notable international investors to the KEFI share register" . I think that is something both banks wanted to see for a long time previously and now its happened :-) Finally for the doubters harry says " "The Company has already triggered final certification of project readiness, enabling full project launch and commencement of Major Works, which includes community resettlement, procurement and major construction" . NICE ONE ARRY !!!

At the conclusion of the GM, Harry Anagnostaras-Adams, Executive Chairman of the Company, made the following brief statement highlighting the exciting outlook for the Company:

"Following today's approvals, I am pleased to welcome several notable international investors to the KEFI share register. These shareholders join us at an exciting time with the full funding package for the Tulu Kapi Gold Project to close this quarter."During December 2024 project Early Works were essentially completed, our long-standing banks set out the final terms and conditions of the now-enlarged US$240 million secured debt capital facility, the project equity capital terms were consequently refined amongst the identified regional and sector-specialist investors, and the Government approved and proceeded to submit to Parliament for fast-track ratification AFC's Country Membership."The Company has already triggered final certification of project readiness, enabling full project launch and commencement of Major Works, which includes community resettlement, procurement and major construction."I look forward to updating shareholders over the coming weeks with our progress with respect to financial close and preparation of Major Works, as well as other potential developments on KEFI's other assets."

The thing i find interesting is that we have seen a number of miners with assets like SOLG and in the pre-production phase be snapped up lately ,we all know that if the offer is good enough shareholders are likely to approve them.That is why things could get rather interesting here given the size of Solomons resource base.

I think Endeavor would be a sensible conclusion,much synergy with their portfolio of assets

Out of curiousity who were the companies that were looking at the CEY takeover aside from Anglo Ashanti ? were they actually disclosed ?? and indeed would Anglo be interested in SOLG ? i think there is something to research here possibly.

Solomon Gold has to be one of the Top 5 Takeover targets in Copper surely ? question is what sort of price someone will pay for it. I have not been a holder here since the early days but i might be taking another look soon - i always like to have one stock like this in the portfolio and my 2025 picks might well include it.

Have some patience,the reward will be worth it !

Well its up to you guys,you could be missing out on something that will make some eye watering gains this year. Good luck anyway

Stringer ,if you are a genuine investor and are here because of the nearest revenue / profit maker in the form of Tulu Kapi i dont honestly see why some small delays to what will still be a momentous game changer for the company is viewed so negative.Each to his own and all that but the bigger picture outlook is far more positive,and in terms of nearterm and longterm returns from this i still say it is one of the best in small gold opportunities at the moment and forseeable future.

Savvy investors will have been loading some at these levels :-)

Yes stringer of course its all rubbish and all worthless ! which begs the question why are you here lol

One of the more sensible posts in recent times here Shalamar - the newswires could certainly be busy during the next week or so if TK is signed off and the Saudi assets are sold.Either will be a catalyst for a major re-rate of the shares IMO

There are just a couple of trading days left in 2024 :-) if we can get the TK project finally signed and sealed and the Saudi assets sold in this period we will be flying high. Harry could still give us a fabulous xmas and new year pressie !

Yes they have moved the spread around a few times from open today to push those buys through,as i said we are due to sign off a $1bn + project in a matter of days....nothing to see here :-)

Just had 2 x 10m buys published and delayed from an hour ago - nothing to see here :-)