Member Info for Robjm66

https://*************.com/views/66415/tom-winnifrith-bearcast-boohoo-is-it-a-buy-or-a-short-or-just-one-to-watch-from-the-sidelines-with-beer-and-popcorn

Donkey no, any buy out offer bound to be at least partially connected to the present shareprice so would be derisory at this level even at a premium. If i am looking for any exit to diversify would be thinking about selling some after a Saudi listing either kefi or the JV.

At the moment JQ getting a mining licence is not even being factored in when it is probably not that far away and JQ could well be in production before TK and that's not even counting all the other Saudi prospects. Get a Saudi listing then all the Saudi prospects will get the publicity they deserve leading to a much higher valuation for Kefi.

https://www.youtube.com/watch?v=zkDym-ald8c (saudi mining)

https://uk.finance.yahoo.com/news/davos-saudi-arabia-says-curbing-105706270.html (saudi diversifying)

https://www.zerohedge.com/news/2023-01-17/no-interest-comex-silver
https://www.zerohedge.com/news/2023-01-17/china-buying-more-gold-yes
https://www.zerohedge.com/crypto/iran-and-russia-want-issue-stablecoin-backed-gold-report

Donkey do no think any new minister will try anything on seeing what happened to the old one.

SB have the majors paying out big money in bidding contests over new license areas in Saudi for the same price as a couple of areas they could in theory buy up Kefi which has tons of areas. If things were not complicated by kefi being in a JV maybe kefi would have already been snapped up.

I doubt it from what I can gather has not been given a new position yet.

FU2 yes but that does not include Telegram, pony express, carrier pigeons..do not look a gift horse in the mouth check its saddlebags for messages.

Thanks Mafs not that we were sweating or anything and thanks to the telegram group.

https://africa.businessinsider.com/local/markets/everything-you-need-to-know-about-the-launch-of-the-new-ethiopian-stock-market/mhx6t4m
(Ethiopia investment climate)

https://www.miningweekly.com/article/uk-saudi-arabia-to-deepen-critical-minerals-collaboration-2023-01-17 (Saudi mining)

https://www.mining-journal.com/partners/partner-content/1446571/saudi-builds-foundation-for-world-leading-mining-sector (Saudi mining)

https://www.mining.com/web/mega-miners-are-hunting-for-deals-after-decade-on-the-sidelines/ (mining sector)

TST Doubt anyone is happy that the Sp is at this level they would be a lot happier if it was much higher. Everything suggests to me that the original plan was TK go ahead followed by Saudi news which would have been perfect and we would have had that much higher shareprice.

Even assuming that the company was chucking a few pennies in to keep it around the .8 mark they would just as likely do so as they expect good news so wanted it a smidgeon higher to hit the warrant exercise level quicker. If they expected bad news the few quid they could chuck in would not make any difference.

Could though be a private investor doing so or market makers do not want it to drop too low or just a coincidence, pick your theory really and probably only going to work when the volume is fairly low anyway.

If banks know the Sidf money is on the way they are hardily going to sweat especially with Artar and all their money as part of the joint venture.

Its a perfect time really, you have Saudi one of the few places awash with money and people queuing up to invest in the mining sector.

KSA main projects easy peasy to finance Jibal Qutman first then it can finance Hawiah. Kefi partner would finance the lions share then you have the 70 percent SIDF loan. Would expect background talks to already have taken place over its financing certainly local banks would have taken notice of all the new licence areas that went kefi and Artars way at the same time as the conference.

Where the JV might need money is the long term exploration of it projects but Artar would have taken notice of the Al Rashid move for a listing https://www.argaam.com/en/article/articledetail/id/1614641
Artar are big in the construction industry so they are going to know all about Al Rashids so are bound to consider a listing as well imho.

https://www.zerohedge.com/markets/china-reopening-boosts-copper-outlook

https://www.thearmchairtrader.com/kefi-gold-and-copper-could-be-turning-a-corner-in-2023/

Fu2 was a mention online about Abey appointing new ministers in the coming few days. Agree with comments here its simple now if the Ethiopian government want any kind of international mining industry they can restore their credibility by giving full go ahead for TK and letting kefi of the leash with its exploration.

Then the government is looking at thousands of job directly and indirectly in the Oromia region and a pile of money.

https://seekingalpha.com/article/4570149-ivanhoe-electric-stock-looks-to-benefit-with-saudi-exploration-jv
(Saudi mining)
https://www.saudigazette.com.sa/article/628948/SAUDI-ARABIA/Total-volume-of-investments-in-Saudi-industrial-sector-amounts-to-SR141-trillion (Saudi investment climate)
https://www.zerohedge.com/news/2023-01-16/real-rates-tell-us-china-wants-gold (gold)
https://www.zawya.com/en/projects/industry/saudis-astra-mining-to-invest-nearly-320mln-to-build-four-new-factories-report-i9pyvq9w
(Saudi mining)
https://canadatoday.news/qc/gold-hit-a-9-month-high-3-mining-stocks-that-could-go-higher-92407/ (gold)

Think the other company was Emed as was. https://masterinvestor.co.uk/latest/emed-mining-update/amp/

Fantasy I think the mining ministers actions have slowed things down but we will just have to agree to disagree and welcome the new mining minister.

Fantasy the recent mining minister actions have not helped Kefi or the international mining community that might want to invest in Ethiopia.

You do not encourage mining investment by running round the country threatening to take away all mining companies licence areas.

He was not doing that to encourage the mining companies to produce faster and you do not have to be Sherlock Holmes to work out why he was doing that in light of the recent news.

I have been here longer than you Fantasy and others have been longer than me which is why I know kefi is effectively over the line in Saudi and very close to getting there in Ethiopia. He communicated that was when he expected thing to close as that was when he expected things to close certainly he would have wanted his bonus that to qualify for he needed things to close by then. He cannot be held responsible if things were slowed down at the last minute by someone who has just got the push.

https://menafn.com/1105431873/Saudi-Industry-reaches-MoU-deal-with-Mineral-ministry (Saudi mining)

https://simplywall.st/stocks/sa/materials/sase-1211/saudi-arabian-mining-company-maaden-shares/news/saudi-arabian-mining-company-maadens-tadawul1211-stocks-on-a (Saudi mining)

https://www.washingtonpost.com/business/energy/saudi-arabias-got-the-money-but-can-it-draw-foreign-capital/2023/01/15/31219e40-9522-11ed-a173-61e055ec24ef_story.html (Saudi investment climate)
https://theminingexecutive.com/2023/01/16/saudi-arabia-emerges-as-a-global-mining-hub-as-maaden-announces-major-new-ventures-and-strategic-partnerships/ (Saudi mining)

https://www.globalminingreview.com/mining/13012023/pif-and-maaden-enter-jv-agreement-to-invest-in-global-mining-assets/ (Saudi mining)

Sorry if i misunderstood what you were saying Fantasy. Today probably not the best time for an update better to let things blow over for a couple of days then an update on TK.