Member Info for MrHumble

Can anyone that bought more today confirm please

Cant wait for the great news that is due imminently

All the informed sellers are going to kick themselves on the next release

Something stirring in the stillness. Cant be a cash raise right? But too soon for updates. Hard to guess the next ping

Any news would be good news?

Everyone got ping alerts set for RNS?

Everyone writing off a cash raise now? Fair enough. I wont. Wasn't considering the 10 million when market suggested one comes.

Harold did say he has a lot more work to be done on it.

This is the tough phase - with the risk assessors. Whether they pass it or not, il give him a medal if he can pull that off as fast as September. They have copious amounts of work to do on this.

My only question is, at what cost of course, if he manages to

High risk requires high returns and deep cover.

Tbf if he gives us a detailed breakdown of all that (why not if all in place), we would all know in 15 seconds if 1. He can pull it off and if 2. The high risk requiring high reward for all parties involved, makes it only worth it for them or us too

It's not a lot to ask. Only asking for the detail required for a decision

He will get staggering press if he pull it off. A lot of historical firsts will have been achieved.

What was the actual insurance cost quoted per annum?

KEFI can't bootstrap? Meaning can't start small and pay it's own way from there. So i assume the grade is deemed very low? It's a lot of mining just to try get to breakeven on costs, based on high tonnage low grade estimates. Staggering risk gamble, esp in Ethiopia

Funds, banks, and mining financiers pay very close attention to the Fraser Institute’s rankings and similar risk reviews when evaluating jurisdictions like Ethiopia. Most financing is restricted to junior explorers using equity capital, while institutional debt/equity is rare. Funds and financiers absolutely consider Ethiopia’s Fraser Institute risk ranking — and it’s one of the main reasons why gold projects there struggle to attract large-scale international investment

Likelihood of $240M Being Signed Off

Western commercial banks: 0–5% chance.

Specialist resource/alternative funds (private equity, streaming deals): 10–20% chance, but only with extreme terms.

Hulltiger, it's easy exit and wait to see what an old big market thinks. Can always get back in if numbers are right above the channel. Or reduce 80% on tap. Or whatever.

Point is, such periods will deem true market. Best to be out during the de3cision in small caps, back in when safe, imo anyway. That way you need not waste time giving them big instrument analysis time

If i was in? I was out on that week high tap. But i don't treat these as investments. I wouldn't have cared what price did later. If an investment, have to have analysed that alright.

https://x.com/YankTrain17909/status/1963181899712463220

Sure but i am not sure what you are asking

No major investment bank coverage despite being a "advanced-stage" mining project?

No mention of major mining-focused funds or pension funds participating?

The fact that they need to rely on Ethiopian government funding suggests limited appetite from traditional mining finance sources?

Recent coverage appears sparse compared to other mining companies of similar project scale?

This limited institutional coverage, particularly the absence of major investment banks or mining specialists like BMO, RBC, or Canaccord, could indicate that larger institutions see the same risks regarding the government partnership structure and potential for UK shareholder dilution.

The coverage that does exist seems to come from smaller houses that may be more willing to overlook governance and control risks for the potential upside. But this makes it a high risk speculative punt, not an investment.

I have only ever spoken about the company. Most of the thread is just insult replies I'm afraid. And 70% of the posts.

I reckon because it's all above your heads. Feel vulnerable and not sure how to emotionally cope with it

Now looking at the 'real' financing and interests in subsidiaries, I think the end game net margins to register on UK books, even if mining successful in a stable environment - is minimal at best.

This is without a shot fired, and gold not falling much from todays price

You are betting on Ethiopian stability and goodwill to UK PI investors really. It requires their goodwill for you to make anything at all.

What a combo