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2330!
Looks like gold is about to go through 2300. Come on Arry, get this puppy over the line.
Well done to the team, fantastic news.
We shall need see I study climb back to all times highs over the the next 12 months. GLA
PA looking very pleased with himself. GLA
Assuming a gold price of US$1,600-2,000 per ounce. At those same prices, the Net Operating Cash Flow will be US$112-156 million per annum for the first seven full years of production . Current market cap is just $40m, you have to be BONKERS not to take a punt at this! lol.
Now what happens if gold hits $2500 per ounce!. Cash flow exceeds $200m per annum and Kefi approaching a $1bn market cap. That the potential. You can risk it and possibly lose it all, sit writing silly comments on this BB like Bonkers or believe HAA will get this over the line and if he does you will have done extremely well out of it.
Ultimately it comes down to your risk profile. I’ve made my bed Bonkers ,obviously I would love HAA to bring home the bacon but if it went tits up it’s not the end of the world.
Now get a life you sad person and call 116 123 to get you through the Christmas period.
Pushing gold. Doesn’t mention Kefi, but sentiment is definitely in Kefi’s favour
https://www.thereporterethiopia.com/38016/
Strong start for gold as the market reopens after the Christmas break. Looks like a breakout is coming and now many predict we shall see $2500 gold in 2024.
Bodes well for Kefi, IF the funding is approved, and with the current headwind for Gold It more of a WHEN, then the rerate of the SP will be significant. The risk reward on this one is heavily in the reward camp so I for one will look to add to my holding when the market reopens .
So if HAA does get the funding over the line and POG heading towards new all time highs then to see Kefi sp beyond 4p could easily happen in 2024. GLA
TW has exchanged emails with HAA overnight, apparently banks may still sign off the finance this month and confirmed that “boots” ARE on the ground. GLA.
TW just got off the phone with Harry.
The shindig was hosted within the Ministry of Mines, all parties were they including the British Ambassador and was a great success.
Lead bank credit committee will approve this project very very soon!
Nice to see Harry & Eddie being featured on the MoM Facebook page.
Now at $2040!
Big event in Addis with all the banks and investors etc on 4/5 December. Hmmmmm I wonder what that's all about.
Forced seller.
Me too.
Barclays haven't paid yet either
Harry stated in the TW interview that all the banks paperwork is now done and with their credit committees for final sign off, this follows the recent changed in banking regs announced in the RNS last Monday. Committee expected to sign off in the next couple of weeks or so. Staff all lined up for starting on site with the community stuff first week of October. This is a done deal.
Pay the £1.50 to listen to the interview on Toms website if you want to hear it for yourself.
Saudi listing expected to be in 2025.
Great interview by TW and Harry on form. Getting very very close now.
pop over to tw’s share profits website, new correspondence with harry.exciting times!
https://x.com/*************/status/1700432502744141837?s=61&t=_dhnit0ve9jdssfprtygfg