Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
Tigray wars ? How about the overall of Ethiopian capital controls and the small print issues and every other issue relating to finance . This mine had no chance of being built over the last 5 years and AH knew it , You ought to ask what could be the next reason/s to delay TK sign off or where’s the DFS for JQ ?
You obviously haven’t been here for the last 5 years if you think investors have no ground to be negative and if they had the gift of hindsight not one would be here now . I’m averaging around .90 and thoroughly depressed with this company. Where’s the JQ DFS that was to be expedited oct 22 RNS .
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A mineral sands company approaching mine development stage , Now that’s a great statement.
Just need to wait patiently to find out what plan they opt for . Original plan was $37m for staged mining then the Chinese came in with $81m for a full ramp up . With the addition licenses and resource expansion this could be worth a lot more money and for well over 10 years . With Bruce and Sheffield on board shareholders could have a share of a bigger NPV with double the share value of what the Chinese were offering.
After that short RNS which was the proverbial rug being pulled from under the deal which had fired the SP to 5p . I was hoping for a follow up detailing where the company is going next . Do we actually have any partnerships lined up or any negotiations or are we adrift like the SP .
Hi all , could some one please explain to me how a company can undertake a placing at .70 and then offload such a % of shares at 10 -15% below that price . Is it balanced in with the projected/ perceived value of the resulting share value after the company is recapitalised?
The proposed public private package with KEFI offers Ethiopia the perfect solution $2b+ of Gold in the ground ,$400m to Kefi, $1.6b+ for Ethiopia, to the EG and AISC (bank interest and wages etc) it's all accountable. taxable and recoverable, the money is ultimately coming from global development funds and can be repaid in 4 years plus the many indirect benefits factored into the economy .
I look back and compare all this to that ex ANS crock proposal of ex ministers and Generals having a raffle to finance the mine through a network of offshore companies .