Member Info for P79u

Q&A There are rumours circulating in the Ethiopian media (in June 2022) that the Ethiopian Minister of Mines has cancelled a number of licences including the Tulu Kapi Mining Licence. Can you comment on these rumours?
A. KEFI and TKGM can confirm that they have received no formal or informal communication along these lines from the Minister or Ministry and do not believe these rumours to be correct. The Company believes that it and TKGM continue to fulfil their obligations and are preparing for full project launch as previously announced.

Posted 23 June 2022

Everyone makes their choices and info is power.
If i;ve got £k's invested at this pivotal time like this i'd want info end of.
As fjones says "for a small fee folks can read the good news for themselves shorturl.at/luvFY if only for a month or two whilst the momentus KEFI rises up ;o)"

TW remarks/evaluation after contact with H in article.. Licence has NOT been revoked!

OldFootballProgramme on twitter

Take a look at "QldFootballProgramme" on twitter who i think is a subscriber and put his response out today.
TW has been i touch with Harry regarding the licence situation.
I can't elaborate any further to risky for copyright.

Just read the Share P home page regarding Kefi.I've read the article as a subscriber and i it's excellent news so far. Well worth a read.
Also states "We are answering local press enquires tomorrow"
dyor

If they'd been any problems regarding the the licence it would be material news ,thus a rns,website update etc would have to have been forth coming as a matter of urgency i would presume?

I would presume that if they'd been a problem with meetings going ahead this week , Kefi wouldn't have sent out yesterday's tweet and a rns as to change of circumstances would have been issued?
https://kefi-minerals.com/files/files/WHI-KEFI-Updates-Ethiopia-SA-20June22.pdf
All parties involved,Kefi,syndicate,banks and EG(mom) must be serious about their intentions going forward. imho

Kefi Investor Forum on Proactive on the 29/06/22
https://www.proactiveinvestors.co.uk/register/event_details/401

I posted the following snippet a few weeks back from the 6/6/22 rns which is still relevant and now with the share price decline since, the value if funding secured and the potential gains would be even higher?
"Just look at the potential multiple rise in the sp when finance is completed.. " KEFI's current market capitalisation of circa £30 million equates to only $19 per gold-equivalent ounce compares very favourably to the prevailing gold price range during 2022 of approximately $1,830-2000/ounce."
dyor

A morning comment from WH Ireland Capital Markets
"Updates in Ethiopia and Saudi Arabia – KEFI pushes on and close to a break through".

https://kefi-minerals.com/files/files/WHI-KEFI-Updates-Ethiopia-SA-20June22.pdf

#comment #saudiarabia #capitalmarkets #KEFI #londonstockexchange #ethiopia #gold #copper
9:20 AM · Jun 21, 2022

500k at 08.09
421,831k at 09.43
759,015 at 12.28

Looks like 3 sizeable bed & isa's today with both parts of each in the sell column?

Read many times that the the biggest gains are made buying when others are fearful.
Bots &mm's will play with the bid/offer trying to dislodge weak hands.

The syndicate members must be familiar with the intricacies of the umbrella agreement and thus agreeing to the kick off of the agreement speaks volumes.Likewise the banks must be well aware of what's expected of them by the government and by agreeing to the meeting they must be confident that they have the necessary agreements,paperwork etc.
Expecting volumes to pick up early next week as the meetings draw nearer.
dyor

I'm paraphrasing because of copyright TW .. if the umbrella agreement is signed then we can say that funding is secured. That should drive a big re-rate.

As Robjm66 video write up states "In Ethiopia the syndicate has agreed to the kick off umbrella agreement. Meeting next week in Addis Ababa by the banks and the government next week to make sure everyone is happy so that's all moving forward as well."
H confirming in video between 4.10m onwards..
https://youtu.be/Qp0HtEcowmA?t=251
Must all be very confident and have their "ducks in a row",roll on next week...

https://t.co/QvfNs3g18e

https://www.powermetalresources.com/gallery/ditau-project-botswana/

https://t.co/SBusRkJbv8