Member Info for Robjm66

Al shabab mainly a problem in Somalia. Ethiopian Christians more than twice as numerous as Muslims. Fault lines in Ethiopia mainly along tribal regional lines. Ethiopia probably targeted as they contribute a lot of troops to the peace keeping force there and Al shabab wanted them not to contribute soldiers to the new force that will be formed.
Al shabab influence had been shrinking in Somalia but had the combination of trump pulling American troops out, political transition and the forces the needing reforming and re organizing.
https://www.theeastafrican.co.ke/tea/news/east-africa/somalia-enters-transition-as-amisom-gives-way-to-atmis-3738158
https://thehill.com/opinion/international/3496403-redeploying-us-troops-to-somalia-is-the-right-move/
https://news.un.org/en/story/2022/05/1118292

News flash Aim CEO’s make too much money in other news water is wet and the pope is catholic.

Part two
Saudi Arabia? Have both kefi teams here (Saudi and Ethiopia) Saudi highlight conference our people are quite prominent due to our discovery in Saudi Hawaih double the size of TK. Jibal Qutman popped up out of left field “sleeper”. Saudi now going for it with their mining sector now seeing movement.

Explanation of Arabian Nubian shield and that there are minerals there…same terrain as Australia…contracts kefi will be signing with contractors will add up to hundreds of millions of dollars over a life of mine so it takes time. Have to be tenacious and stay the course.

Could one project race ahead what are the milestones? TK first thing multi party signing then gradual ramp up into full construction.
Saudi Arabia looking for green light on Jibal Qutman in fact team their want to race

TK to gold production…getting confident that licence will happen. Hawiah resource will keep growing looking forward to good news flow.
Harry still pinching himself.

Assay TV interview harry at Indaba.. my comment in brackets will try to condense it a bit. Part one

“No longer a junior explorer now have a pipeline of three development projects equivalent of 5 million ounces between them in gold terms and they are growing.”
Intro..history lesson on kefi..company turned round since December pivoted to being three development projects.

Whats it like on the ground in Ethiopia now? Turmoil peaked last year (nationally) now you would not know there had been a problem (just looking at kefi site) transport routes calming down. Because of that improvement Syndicate all met here all agreed to press the button (picture of Syndicate elsewhere as well as renewed interest intentionally in Ethiopian mining sector) to precede essentially going will sign multi party agreement in the next month some preliminary activities on the ground.

TK 1 million once reserve plus 700000 ounce down below additional could be more. Country really keen for sector to get going..challenges of being first mover but also opportunity…thrilled to get going..

https://www.youtube.com/watch?v=n0Qm1gq0Huk

Also could one or two holders under the three percent reporting threshold.

Think its obvious you will see at least one big holding not just because the company said so but also because the the speed of the overhang clearing does suggest some “sticky hands” as Harry said.

You wont till the TR 1 disclosure. "Registered holdings per TR-1 disclosures"

Yes but i want that 28 quid back.

Thanks all just a shame I could not make it up to London yesterday but think this gives an idea of where the company is at. Harry is not the most stylish or polished presenter so sometimes it helps to just break it down to the substance of what he is saying.

Part three

(risk management slide picture of meeting with consortium in cape town) 15 on screen another 15 online virtually attending, developing banks, construction contractor, lawyers financial advisors,deputy minister for mining, experienced people, wrapped around a project that will be the first in the country for 30 years project wrapped in all the skills and risk management to make sure it works properly.

(Other companies in the area slide) (Self explanatory mining starting to take of in the area) next west Africa.. east Africa…watching us and doing there own thing
To wrap up (investor highlights slide) Market cap 30million NPV 9 pence.. operation cash flow..on target to be a mid tier producer…Sorry cannot be at in London on Saturday please any questions send them to the company.
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Its an it is what it is harry webinar but what it is looks good apart from harry who looks ill with covid but the companies prospects look healthy.

Part two
(market Cap vs Group NPV slide pretty self explanatory) Plenty of upside as projects progress and skepticism diminishes. (Industry valuation slide) Kefi Is about the cheapest entry point into a developer in Africa…Kefi a pioneer…roll with the punches…first or second or third cab of the rank… never be able to build a pipeline like of projects like this in Australia..

(Group strategy slide) Tulu first get everything signed of by every body then construction.. de risk three projects…Or e bodies alll open will keep adding tonnnage..further exploration..plan to be a mid cap..(Mid cap slide) TK pretty set Jibal Qutman might move forward.

(Rare opportunity slide) Kefi has three projects in its sights because kefi went into a frontier market and take the knocks…shareholders are frustrated at not benefiting so far but still an achievement… Share market will start to reflect the progress made and the worst is behind…TK no secret…low hanging fruit..

(The Arabian Nubian shield slide picture of mineral outcrop Hawiah) No secret, Hawiah would have been drilled out a hundred years ago in Aus..kefi given the right to explore it 2 years ago now that the KSA wants to develop its mining sector…Its a frontier market now country cares we a can move quickly…this is another case where the geopolitics sets your pace.

part one

Kefi webinar Harry looks like he might have covid to me from personal experience he has my sympathy. My comments in Brackets.

Start. Harry happy at where things are at with the company. The company have three projects now…in terms of value…we largely looks at projected cash flows and NPVs the sharemarket tend to adjust itself to them over time. Value per share is about nine pence about three times what it was three years ago (thanks to the Geo team and rising commodity prices).

Company changing from a junior explorer to a developer… a mid cap…now ready to move ahead in both countries. Stock will recover as company moves forward and its is obvious to the outside world. Would encourage anyone to read the recent analyst reports (ditto).

Company now changing as Institutional investors get on board some under the three percent threshold but expect one that is over that threshold to report in coming days.

Thanks again P79u.

https://www.***************************/kefi-gold-and-copper-uk-investor-show-presentation/4121065374 There was info the other day that Harry would not be present but would do the presentation vie the internet . Harrys been in South Africa talking to the consortium think he is getting enough air miles.

Thanks Gebt23 interesting article.

Ethiopian mining minister today facebook

Together with the finance minister Mr. Ahmed Shede, we have discussed with the world bank and European investment bank and other international financial institutions and partners on the mining sector of Ethiopia.

During the discussion, we have explained to them about our mining capacity. They have expressed their interest in supporting the mining projects and the private sector economy of mining.

I could dig out my holiday slides from 1983 if you are getting withdrawal symptoms?

https://www.youtube.com/watch?v=paHlhIRu7R0

Thanks P79u.