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From Wikipedia
Hydrogen production is the family of industrial methods for generating hydrogen gas. As of 2020, the majority of hydrogen (~95%) is produced from fossil fuels by steam reforming of natural gas, partial oxidation of methane, and coal gasification.[1][2] Other methods of hydrogen production include biomass gasification and electrolysis of water. The latter can be done directly with any source of electricity, such as solar power.
Hence Heidi's reference
Forgive me, I am invested and committed to Kefi, but do question the following sentence in the statement.
In summary, we remain focused on KEFI owning 65% or more of TKGM.
My point being, surely, if this is to be concluded imminently he would know exactly what % is to be retained.
However I note that it might be more than 65%: for which I am happy to a couple more weeks!
I too, am not particularly worried, but, if I was a Director, I would be sorely tempted to raise funds through a share offer now.
The SP has risen, after all, from low of around 4p to today's price.
I would like to see firm figures for sales together with confirmation that funds are available to meet the increased production and supply costs that will be required to cover the predicted "explosion" in sales
Dear Smellyben,
This is what you posted on 7th August "
I expect gold will drop back to around its 200 day moving average in the next few weeks - around 1650 -1700"
We are not there yet... but credit will be given when/if credit is due
This from RNS Jul 1st
"ANS Mining continues to affirm a strong interest in making an investment in TKGM and we welcome this. However, ANS Mining has not met the published deadline of 30 June 2020 for making its initial investment. Consequently, TKGM has now served notice that it may replace ANS Mining either in part or in full with other Ethiopian and non-Ethiopian investors, including the potential for an expanded role for the Specialist Mining Financiers"
This along with
"As a new development, based on discussions and proposals received to date from Specialist Mining Financiers and Ethiopian investors, TKGM is now also seeking to potentially reduce the number of shares it issues to any third party by increasing the amount of funds raised by TKGM from the Specialist Mining Financiers in other acceptable forms, and by doing so increasing existing shareholders' ultimate beneficial interest in TKGM. If successful, this would have the effect of increasing KEFI's beneficial interest in TKGM above the planned base case level of 45%."
Gives me a certain amount of confidence that it will happen
Thank you ferdeb, DeGiro should change their prime Broker then.
I think it is a question of cost cutting since the takeover by flatex AG at the end of last year. Customer service out of the window to maximise profits. I am hoping to move to Interactive Brokers now.
I will keep you updated.
My Post 11.15 Tuesday indicated that it is DeGiro.
Thank you ferdeb.
I received an email on 19th May saying I could no longer purchase Zoetic through them but that they would sell for me.
I tried to sell some on 2nd June and the order was rejected. I wrote to them on that day and finally had a reply yesterday saying that a decision had been taken not to trade Zoetic anymore.
I received no prior notification of this so am now raising this to the level of an Official Complaint .
I will keep you posted. Perhaps you would be kind enough to let me know how you get on please
Thank you Chesh,
The one in question is DeGiro.
.... imagine!!!
Good Morning,
I am looking for a little help please.
I have recently received a message from my online broker saying they are no longer trading Zoetic shares and have advised me to transfer my meagre holding to another broker. Any ideas?
This makes life a little difficult as you can
Margins of finished product increasing.
It will be interesting to see what this entails "In addition, a special resolution, to deal with certain matters ancillary to the Scheme",
Zoetic International, the London listed vertically integrated CBD and natural resources company, announces that, pursuant to the exercise of warrants, an application has been made for an additional 790,000 ordinary shares in the Company ("New Ordinary Shares") to be admitted to trading on the Official List of the UK Listing Authority by way of a Standard Listing and to trading on the London Stock Exchange's Main Market for listed securities ("Admission"). Admission is expected to take place on 14 November 2019.
Following Admission, the New Ordinary Shares will rank pari passu in all respects with the existing ordinary shares of 1 pence each in issue, including the right to receive all dividends and other distributions declared, and the total number of ordinary shares in Zoetic International with voting rights will be 148,910,034. This figure may be used by Zoetic International shareholders as the denominator for calculations to determine if they have a notifiable interest in Zoetic International under the Disclosure and Transparency Rules, or if such interest has changed