Member Info for MrHumble

I think you all just saw an RNS and forgot to read it

Written on the wall at open

'Here cometh gerbil lesson'

Thanks UserSteve. To save on post count, i have posted the market for the week ahead on twitter. Will show the lads here Thursday/Friday

There were lots of sell orders and maker could not engage the channel/earnings fully. As others would have used up client reserve order liquidity there

So, the RNS changes/removes sell orders bar the clients. Simple

And she will be down a lot from given area before week closes

It's very positively framed, as per norm. But it's masking untold risk numbers in terms of project execution and continuation

It's not negative posts. I just ponder the risks a credible fund would see in any RNS

There are over 50 more

Im only going to say this once:

Distribution channel and lower earnings mark just above, are going to get minced.

'Why release this now, early September? Likely because once the debt was formally offered, AIM disclosure rules required them to update the market. In other words, silence was riskier than informing..'

But that would have to apply to cash raise deals being in negotiation stages for plc's too then

From financing to environment continuation issues - the execution risks across many facets are extreme

You wont be seeing a credible fund buy anytime soon

Guys, I might open a short after initial reaction

First-of-its-kind transaction - "First international project finance closing for Ethiopia" implies untested regulatory framework

"Gold rush" language - May be promoting unrealistic expectations

Mining fleet procurement in early 2026 for 2027 delivery - Supply chain delays could impact production schedule. Open pit to underground transition - Significant technical and operational complexity in scaling from 160koz to 200koz annually. Nameplate capacity assumptions - Processing plant may not immediately achieve full capacity.

This is all years away

A slip in gold price, a bullet in the wrong direction - SP sub zero same day

Awful

I do not believe the risks involved will see financing.

September RNS - delay, delay, delay, delay

Not secure

Why update market after an SP push to distribution zone, with nothing really completed at all?

Multiple instruments (preference shares, gold prepayment, streams) etc. The complexity of it all is hilarious

Guys, that chart i have you - watch carefully today

$100 million equity funding still unfinalized - Only $40 million of the required $100 million equity is secured, leaving a $60 million gap

Debt capital approval: The Co-lenders have now formally offered an expanded US$240 million loan facility. Facility documentation is in ***circulation for signing.****

You lot are going to have a great lesson this week. What a price zone for that update

Suspect the dilution to come is bigger than first envisaged

KEFI, its main Project contractors and relevant Ethiopian Government agencies have signed or approved definitive Project contracts that are now ***subject only to lender approval. ***

😂

Oh well, was a lovely day here. Learned a lot so thanks everybody.

Hope it al works out, in the long run

As Gadhafi said~:

I already hold. I don't need more reasons to buy. All that interests me now, are the reasons to sell

I dont get it. Public sites? It's always drivel. Off public viewing? Everyone works together. Mostly the shorters and the bulls. keep each other ware. Its good business