Member Info for Magic-orb

SteohenX, you're reading too much into things. This has 3 bagged+ since the summer. Most of that money was always sell on news, which they did. Also people have got carried away with valuations. People were talking of valuations before anything has been built more than existing miners who are making good profits.

No there's $60m of dilution to come (I think). That's the painful thing.

No mention of that in the RNS.

I know we finished down today, but feels like the sellers ran dry and buyers started to move in again.

So Harry delayed this long enough to get his bonus.

Good for you, I was busy making 10 baggers on WSBN and ALRT

He was a liar. RNS 12h sept 2023. FSA turned a bind ete to my complaints

But what about all those that bout at 2.3p back in 2020 when harry said the deal was done. Mine was risk free, you took a big risk.

I said I will buy on news, many said I will be paying 3p.

Got them at a tad over 1.7p

Not competed signed either.

Equity-risk project capital US$100 million:

o A significant portion has already been secured, with US$20 million from the Government of Ethiopia, US$10 million already invested by KEFI and c.US$10 million of KEFI share participation post-closing in respect of certain closing fees and costs.

o KEFI has received conditional proposals that exceed the remaining amount of $60 million, through a combination of:

§ non-convertible preference shares for Ethiopian investors ("KEFI Ethio Prefs") issued by newly incorporated Ethiopian holding company KME Minerals Ethiopia Holdings Limited ("KME Ethiopia"),

§ a subordinated equity risk note structured as a "Gold Prepayment" or "Stream" from a mining specialist fund, and

§ the issue of ordinary shares in either of the Ethiopian subsidiaries, priced on the basis of a TKGM valuation reflecting its advanced status as a funded project in construction.

o The breakdown and details of the finalised equity-risk capital instruments will be published by KEFI upon commitment and the signing of definitive documentation in November 2025.

To be fair to fat Harry when he said "take place this week" he didn't make clear which planetary week he was refereeing to. A week on Uranus is a lot longer than one on earth.

So in other words stick that statement at the bottom of every RNS and you can get away with saying absolutely anything. Don't you just love AIM.

From Half year report WRT Alludium

The controlled rollout strategy is progressing well, with the platform transitioning from alpha to public release in October 2025.

I'm not sure why they mention timelines when not in control of events.

Deedee1 but 3 years ago there were 6 billion less shares in issue.

You lot are living in la la land if you believe this could reach 10p by Christmas.

I reckon the second drill has long finished, wouldn't surprise me if the 3rd drill is close to completion as well. Why should they RNS each drill?

Chew....Spit....ding You'll know soon enough what that'll mean.

*spouted

Just went back and looked at RNS's from 5 years ago, exactly the same stuff spited then as now! Will this ever get signed or is just a puppet show to keep all shareholders money in Harry's pocket.

PS, I'm not saying the deal won't get done, I think you'll get an RNS in the next couple of hours, but I still think Harry now has his bonus.