Member Info for Positivevibes

I agree Mossie, it's taken years to get to this point, the quesion is, at this point, are the RNSs lying or are KEFI actually in the best position to finally close and get to production. Iv been in and out over the years but I believe the time is now for the rerate and conclusions of full funding, and the mcap is only this low because of past delays

Good find.

The Company has now progressed the funding process to the point where it is finalising a shortlist of potential financing partners and is working closely with these potential finance partners, advisors, and its JV partners, to finalise an appropriate project level financing package. As this continues to be adversely impacted by COVID-19 associated delays, the JV-management will, during the site visit on 1 and 2 July 2020, address these issues and identify measures that will ensure the expeditious completion of the funding process.



The Company expects to provide a further update to the market in respect of project level financing and associated timelines shortly after completion of the site visit referred to above.

It remains that Project level equity, through TKGM, is expected to be funded by a consortium consisting of KEFI, the Ethiopian Government, Ethiopian private sector investors (hopefully including, but no longer limited to, ANS Mining Share Company ("ANS Mining")) and one or more specialist mining financiers that provide financing facilities under subordinated debt. Such facilities may comprise the long-planned working capital and stockpile facilities and associated forward sale, offtake, streaming, royalty or similar arrangements ("Specialist Mining Financiers").

· ANS Mining continues to affirm a strong interest in making an investment in TKGM and we welcome this. However, ANS Mining has not met the published deadline of 30 June 2020 for making its initial investment. Consequently, TKGM has now served notice that it may replace ANS Mining either in part or in full with other Ethiopian and non-Ethiopian investors, including the potential for an expanded role for the Specialist Mining Financiers.

· TKGM is already in discussions with a range of Ethiopian investors and a number of international Specialist Mining Financiers, introduced by its shareholders KEFI and the Ethiopian Government, to ensure the required Project equity is secured well in advance of the closure of the full financing package in October 2020.

· Following the passing of the 30 June 2020 deadline, KEFI is now in a position to look to draw these discussions to a conclusion.

Already in talks with "specialist mining financiers" in the q and a on may the 20th, Harry started the same term "replace or part replace" and above aludes that these conversations have already been taking place long before in anticipation of this.

Significant Re-rate due at still what seems a laughable 17mil mcap

Getting hotter by the day.

Saudi news could realistically land any time now, adding over 100mil to KEFIs NVP. And the
only thing holding this back is the question, Are they lying? Well believe it when we see it! Or does it make sence that their get the funding? 38 mil for 22% which at that point unlocks the whole plan to production of 212mil per annum (at 1700$ per Oz) in 2022.

. TKGM is already in discussions with a range of Ethiopian investors and a number of international Specialist Mining Financiers, introduced by its shareholders KEFI and the Ethiopian Government, to ensure the required Project equity is secured well in advance of the closure of the full financing package in October 2020.

Little bum squeak for the deramper now changing his tune. The real question is, are ANS, the EG of someone else who they appear to already be in discussions with, plus the comments in the last two rnss stating by all means funding will be secured before October, take 22 percent for 38 knowing in 24 months there 38 will be paid back in first year of production. With POG at a high a rising? Read the RNSs, and not the BB, use the BB just to gauge sentiment, and then read the RNSs and do the maths. Good luck everyone

Couldnt*

We are this price currently only because of LC, if he gets the 30-35 mil full funding right, this could easily see 10-20mil Mcap. Talks of mid to tier 1 funding for haneti which from the get go has been label excellent asset, that they are now funded for scoping study. News rich period to follow and to start hopefully next week with funding conclusion, so much upside from here, how are we gonna be lower? People fear LC will pull a dilutive deal, it could be the opposite the help out kibo who owns 40 percent of the KATs shares

If the RNSs are not lying, we're massively undervaled and about to take a positive turn for the months to come. I expect news on full funding before next Friday. Gla

Blyvoor Project Financing

The Company announced on 29 May 2020, that as a result of the positive Blyvoor Scoping Study results, no less than 14 parties had expressed interest in providing project level financing to support the construction and development of the Project. The level of partner interest exceeded expectations and required the Company to undertake a period of intensive review work to investigate and review potential partners.



The Company has now progressed the funding process to the point where it is finalising a shortlist of potential financing partners and is working closely with these potential finance partners, advisors, and its JV partners, to finalise an appropriate project level financing package. As this continues to be adversely impacted by COVID-19 associated delays, the JV-management will, during the site visit on 1 and 2 July 2020, address these issues and identify measures that will ensure the expeditious completion of the funding process.



The Company expects to provide a further update to the market in respect of project level financing and associated timelines shortly after completion of the site visit referred to above.

Hi kaisharp, wishing you well mate.

Iv watched every katoro gold interview since the end of last year, and all call signs lead to the deal being confirmed in July, in the last 2 interviews, particularly the last one he states the deal wouldn't need to be don't with any dilution, especially after just raising money. Let's see when the deals done, the only reason we are at this price is because of LC, but I think KAT is the time hel get it right, combined Graham briggs and previous failures, I feel this is the time he will redeem himself. It's basically asking is LC lying or are the RNSs true, if they are we should multibag soon. Also talks of tier 1 funding for haneti

Should move up to around 10 milmcap before news, the only reason we are this price is LC but the deal will be confirmed hopefully before next Friday. Have a good day all

4mil mcap, about to recieve full funding from one of the 14 to quick production. Just had a placing and since in two separate interviews confirmed the deal will have no dilution. He also explained that selecting one of the 14 is a process not to be rushed, but that it's already near conclusion of the final few. I expect conclusion of the deal next week sometime. First stop of the deal is 11mil cash. 4mil mcap, 30-35 mil complete funding and this is what will be confirmed with 1 of the 14. Dyor, read the RNSs and not the board

We're are the derampers now? There IN lol, read the RNSs and see how undervaled we are at this turning point. Today's and yesterdays rns let us know KEFI will get the last 38 mil by any means, in the last q and a they were speaking about already being in touch with other investors, EG still potiencial to pay it, with gold this high and rising, a mine that big, with the central bank, everything else ready to go to start producing over 200mil in 24 months, you really think it's not gonna happen? We're only at this price due to bad sentiment and hate for Harry, read yesterday's rns and he let you know that every past placing has only been invested, over 60 million, where that in our mcap? In the past we could unlock TK I understand, but now's a different time. Should be an exciting lead up to October, Saudi news due anytime to add over 100mil to KEFIs NVP. Facts, no ramp, better than deramping blaten lies that this board has only seen for the last month's. See you all there, I said yesterday I would post again, last one until October, prokise. Gla

"sometimes the best opportunitys come at times of maximum pessimism"

TKGM is already in discussions with a range of Ethiopian investors and a number of international Specialist Mining Financiers, introduced by its shareholders KEFI and the Ethiopian Government, to ensure the required Project equity is secured well in advance of the closure of the full financing package in October 2020.

So many lies on this board constantly. Read the RNSs and forget the BB. Yesterday and today's rns are both letting us know exactly where we are to clear the distortion. And today's rns is letting us know TK funding will be sorted before any placing, I don't understand how people are trying to say a placing a coming. Saudi news due and we are still sub 20mil, funding of the 38 mil news can come from ANS the EG or someone new long before October and I'm confident given the climate and the return on investment for anyone new looking in, with gold at a high and all other parts in place. Read both RNSs, kefi we be a completely different company come October. When fully funded they will be the next GGP. Hope Saudi news comes this week

No need my brother, I happy to let everyone cause doubt. In heavily and confident KEFI will make a nice annual salary. Good luck mate, I think I send you a pm on Facebook? Have a good day

"the best opportunitys come in times of maximum pessimism" I'm grateful for the pessimism here, its blinding people to what the RNSs are saying. Let's see in two weeks if LCs intentions for his career are to fail projects or make one a success, after kibo and imweru, I think blyvoor will win, I also bought in because of Graham briggs, who likely was the reason we had 14 bidders in the first place

I don't think the RNSs are lying, I believe we're about to shortly conclude the bidding process and select the best option. Once selected and paid the first 11mil ( 250% the current mcap ) and blyvoor is fully funded, I can see us plus 4p, and hopefully a follow up on "mid to tier 1 funding" for hanteti, plus drill campaigns that are already funded by the recent placing. Shortly we will have a news rich period, and I don't think it's gonna drop below the 1.5 p support, but more shortly shift to closer to a 6-10mil mcap. IMO, gla, see you there

Mate, thats the worst most inaccurate summary of the RNS. Last post until news lands, greatful for today's cheap shares, happily holding

Agreed. Saudi news due imminently which we already know is good. I believe funding will likely arrive given the scale or the opportunity for the investor and the obvious rising POG

Derampers creating smoke and mirrors, lying, causing doubt as soon as new investors look in, making it hard work to see the value without doing there own research, and also feeling the constant bad comments and off put. Read the RNSs, kefi is massively! undervaled at 16mil mcap