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I expect a few in here were expecting a bit more details from AS.

Either way, sounds like a presentation is inbound and it will be provided by the GEO which is exactly what I want to see as personally I much prefer the full technical details from the guys in the field.

Factor in that interest rates won't be going up anywhere as much now as originally anticipated just one month ago.

Massive inflation on the way, all the consumer spending stocks are witnessing increased declared short positions opening as each day passes.

Commodities roofing it in general.

If the war wasn't getting blanket news coverage they would be highlighting we are heading into a double digit inflation period.

Strong macro environment for precious metals to just keep on rising further.

Personal targets of Gold @ $2100 & Silver @ $30 over the next few months.

Factor in that intrest rates won't be going up anywhere as much now as originally anticipated just one month ago.

Massive inflation on the way, all the consumer spending stocks are witnessing increased declared short positions opening as each day passes.

Commodities roofing it in general.

If the war wasn't getting blanket news coverage they would be highlighting we are heading into a double digit inflation period.

Strong macro environment for precious metals.

Nice bit of movement today.

Agreed that this has strong prospects from such a low market cap.

@ceaser

It's really good seeing plenty of interest from folk starting to build up new positions now.

That's why I'm happy accumulating at these ground floor levels as ultimately the government and ministry of mines want TK Gold mine underway ASAP now things are back to normal in Ethiopia.

With a NPV of 12p / share valuation this has a long way to run up to reach fair value.

Excellent update today and clearly a lot more news to follow over the coming weeks ahead.

GLA

New Proactive interview just released after market close

Yes, I had an incredible run with UFO and WSBN being in right on the lows.

I saw the potential with PREM but failed to act and saw it climb nearly 300% in a few sessions before I finally got in. Still banked 100%+ gains, but kick myself to this day for not taking a decent position when it was at 0.05 as it would have been an easy 10 x bagger.

Not going to miss out here, especially with everything lining up now and the tier 1 contractors getting to work at the mine site. The two main contractors we have working for us have a client list that comprises all the majors.

No way they would be getting into bed with KEFI if this wasn't happening now.

All the naysayers said these things about WSBN after their share consolidation a few years back.

Go back and check the frankly liabellous comments at the time.

It then 10 x bagged ... and some still make these comments as they missed the boat.

Same situation at PREM, was continuously called the biggest turd by some at 0.05p

It also Still 10 x bagged - and plenty still drop in there to sound off having missed out.

Same situation at UFO - you literally could not give the shares away at 0.07p no one wanted it.

Didn't stop it nearly 30 x bagging at one stage.

Everyone knows the GGP story after newmont walked away.. it's SP tanked and everyone was saying 'game over' It then went on to 100 x bag.

Timing is everything, especially when picking companies up on the lows just AHEAD of potentially game changing updates.

GLA

Top declared short positions on LSE

CINEWORLD GROUP 8.4%
CARILLION PLC 7.2%
HAMMERSON PLC 5.8%
BOOHOO.COM PLC 5.4%
AO WORLD PLC ORD 5.3%
MAJESTIC WINE PLC 5%
PETROPAVLOVSK PLC 5.0%
DIXONS CARPHONE PLC 4.9%

Higher inflation is incoming

Very good for PM's

Never seen SD getting so much love on this bb as witnessed here today.

Good to see.

Really hope so Max, don't want a war or a global reset, but for those that have been squirrelling away those PM assets $100 Silver would either be truely life changing or life enhancing.

The Silver / Gold ratio is so stretched like a ball being held underwater, at some point its got to be let go and the catch up tradw will be well and truely on.

GLA

There is nothing correctly priced in at present for the existing assets. So, no any delays at TK won't make any difference from this level as the SA assets continue to grow in size. These are all JORC Defined resources.

Reminder.

Tulu Kapi’s MRE
1.72 million ounces Gold

Hawiah MRE
223,000 tonnes of copper
210,000 tonnes of zinc
497,000 ounces of Gold
7.8 million ounces of silver

Jibal Qutman
733,045 ounces Gold

Circa 3million oz Gold in total

For 20m market cap it's trading at a severe discount. This is priced less than comparable exploration companies with NO defined resources and just a lot of blue sky potential.

We have the assets and will be going into production at 140,000oz Gold per annum

Do the maths on what revenue that will generate at the present price of Gold which is trading above $1900/oz.

10 bags is a minimum expectation here for starters, purely on TK.

Just one further thing I would add...

The fact that the domestic banks that are party to the JV recently reaffirmed their commitment to the project finance and the JV parties met with the EG ministry of mines to agree monthly progress reports sealed the deal for me.

"H.E Minister Eng., Takele Uma, commented:

"We look forward to monthly progress reports from TKGM and to getting Tulu Kapi into production. Developing the world class minerals potential of Ethiopia is one of our country's priorities."

*final binding agreements are 'signed'

@Caesar

From the RNS it states between· May-June 2022 the following will take place

o Drafting of the terms sheets
o Insurance package and pricing confirmations.
o Signing of binding documents by all

Prior to this between MARCH - APRIL we will be getting many regular updates now on the development of the existing site camp to accommodate the initial construction workforce and have recently completed detailed design for the procurement and construction of: the security camp; a new all-weather access road; the permanent camp; water dam 1; plant and administrative buildings; Bir-Bir river pump station and pipeline; tailings storage facility - stage 1; process plant; bulk fuel and lubricant storage area; grade control drilling; on site metallurgical testing laboratory; explosive supply and storage; and the mining fleet service area.

So I expect as the regular updates come in on all the above over the coming weeks it will become crystal clear to even the staunchest of naysayers that this Mine construction is happening now.

I wouldn't be surprised for the SP here to be double the present entry prior to the final binding agreements are sold as the closing of the project finance will see this trading at many multiples of today's SP.

GLA

I could not be more happy with how this is progressing since getting onboard here.

The Government, lenders and contractors, insurers are all driving the mine development forward now.

Just added some more with a 10 x bagger from here only 7p which is well below the NPV value of 12p/share valuation.

The SA Gold assets are a massive additional bonus.

GLA

Silver $ 25.46 on the Ask

Just needs a bit more of a push and we will be in business

30 day chart trending like it's got the energy now.

From memory based upon 140,000oz Gold production p.a. at TK with a gold price @ $1800/oz equates to a NPV of 12p p/share valuation.

Easiest hold in the world from here to let this all come together.

GLA

All coming together nicely and all the steps to completion all laid out with the timetable over the next few months

Congratulations to the contractors on the ground and the locals now being able to get back to work.

Great news!!

Pleased that it's becoming more widely known that these are industry scale wide delays within Oz and not company specific.

You can work from home in many sectors but you can't undertake fire assays from home!

Thankfully things are starting to return to normal, but there is undoubtedly a back log that the labs are working though.