Member Info for Robjm66

HtTps://www.listcorp.com/asx/as2/askari-metals-limited/news/replacement-announcement-high-grade-copper-at-katta-3217865.html

(the “Announcement”).The exploration results referred to in the Announcement were based on historical exploration undertaken by the United Nations Development Programme (UNDP) between 1969 and 1973. The geological data reportedby the Company in theAnnouncement is based on historical information extracted from the following reports...not misleading the market of course

Https://www.sharecafe.com.au/2025/07/25/askari-metals-identifies-high-grade-copper-at-nejo-gold-project-ethiopia/

https://www.youtube.com/watch?v=5SnwfSQPqDQ Askari metals

https://energycapitalandpower.africa-newsroom.com/press/africa-finance-corporation-afc-fuels-africas-mining-ambitions-as-silver-sponsor-of-african-mining-week-amw-2025?lang=en AFC

https://www.zawya.com/en/press-release/africa-press-releases/africa-finance-corporation-afc-fuels-africas-mining-ambitions-as-silver-sponsor-of-african-mining-week-amw-hgoygs6q

Https://www.agbi.com/mining/2025/07/31-companies-to-compete-for-three-saudi-mining-belts/

Had to suspend trading to clear up the situation not that the article does that, not a sale but Askari will have hundred percent control hmm must be a present. You notice as well the statement does not even mention kefi lol. Dodges the matter of whether the areas were in good standing to be sold or transferred as well due to no work being done on them or illegal renewal.

"The proposed transaction remains subject to certain conditions precedent before completion can occur,

including the completion of satisfactory legal and technical due diligence and shareholder approval. The

Company is currently finalising its due diligence process, both technical and legal, and will be in a

position to sign off on these matters in the coming days. "

Https://www.marketindex.com.au/asx/as2/announcements/response-to-media-speculation-6A1274334

https://www.marketindex.com.au/asx/as2/announcements/trading-halt-6A1274286

HtTps://capitalethiopia.com/2025/07/20/habesha-breweries-to-be-traded-on-esx-as-share-registration-nears-completion/?amp=1 (ESX)

htTps://birrmetrics.com/canada-moves-to-lock-in-investor-rights-as-ethiopia-unleashes-biggest-market-opening-in-a-generation/ (Canada big mining country join the dots)

htTps://www.tipranks.com/news/company-announcements/askari-metals-strengthens-ethiopian-gold-project-with-new-technical-consultant

HtTps://addisfortune.news/kefi-confirms-key-milestones-kickstarts-tulu-kapi-resettlement/

Bonkers it lays out in the article how the law was broken. What i think will happen in the immediate future is the deal will collapse. Doubt Askari knew that the letters were going forth from the local authorities to the Chinese outfit otherwise they would have not done the deal unless they were tottal pirates. They should have questioned why it was so cheap though and why it was being offered to them rather than another Chinese outfit. As for the Chinese they are already throwing Askari under a bus with their response which seems to be along the lines of " oh they were just some guys I met in a pub, honest guv".Askari will not have "roof" to use a Russian expression as no western country will support them as they are damaging western mining companies prospects in the country by helping the Chinese.

Really nice areas as well Askari did do a good job of pointing out their potential and confirms how good TK is with areas seen as an extension of that project which obviously they expect to get off the ground. Effectively the are saying there is another TK on TKs doorstep.

Bearded dragon

"The Oromia Mineral Development Authority (OMDA) has formally requested the Federal Ministry of Mines to revoke three “renewed exploration licenses” held by Hong Kong Xingxu Mining International Investment Co. Ltd in West Wellega Zone, citing “material breach” of federal and regional mining laws, non-performance, and procedural irregularities." Kinda of good development.

"The situation on the ground demonstrates that other mining and exploration operations in the region have continued without disruption… clearly undermining any generalized justification for inaction,” the letter stated." Basically kefi has got on with while the Chinese outfit sat on it arse in brach of the rules. Also shows regional appreciation of kefi.

"OMDA’s letter further says that the licenses have led to local grievances and formal investor complaints over spatial overlaps with other mineral rights holders, warning these unresolved conflicts threaten investor confidence and regional governance." Damages the Ethiopian mining industry really but the damage could be reversed by restoring the areas to the investor complaining about spatial overlaps."

"No regulatory or administrative support shall be provided to the company or to any of its affiliate partners or associated entities,” OMDA wrote, adding that internal notifications had already been issued to relevant Zonal and Woreda offices to ensure implementation of this decision across the region." Basically the region is going to cut them off at the knees.

This whole "deal" and it's exposure has done kefi a favour really now things are out in the open and the only clean way out of this mess is the restoration of the areas to kefi.

As far as I can Askari actually confirms that the only recent work done was by kefi and none by the Chinese outfit. Which would mean the Chinese broke the rules even if you ignore the over pegging. Seems Askari were being economical with truth talking about local support for the company. Not sure what the listing rules are in Australia but if it was here it would be case of sitting on important Rns able info. Doubt the argument that it was deal done outside the country will fly or do either group any favours either.

Https://youtu.be/ndC9StdD1bk?si=A7GZq3Sf1MbCz4aT

Https://addisstandard.com/exclusive-mining-saga-oromia-mining-authority-seeks-license-revocation-hong-kong-xingxu-denies-sale-to-askari-as-australian-firm-remains-silent/?amp=1

Https://www.proactiveinvestors.com.au/companies/news/1074973/askari-metals-uncovers-high-grade-copper-mineralisation-at-nejo-gold-project-ethiopia-1074973.html

https://www.proactiveinvestors.com/companies/news/1074888/askari-metals-building-a-tier-1-gold-portfolio-in-ethiopia-1074888.html

Askari is targeting a resource potential of more than 2 million ounces of gold, based on the high-grade mineralisation already identified. The proximity to the Tulu Kapi Mine, owned by Kefi Gold & Copper (LSE: KEFI), also adds strategic value, as it provides access to infrastructure and mining services in a region with established mining operations. Wow kefi gets a mention.

Wake up FU its on the presentation going to be around 80 percent owned by TKGM but should get it confirmed by signing of definitive documents next month.

Looking at presentation may split JQ and Hawiah into different subsidiaries?

Well might get Private Equity investment then sell Nick that investment might help put a higher price on any sale though company maybe still weighing things up.

"the Company will be reimbursed from the drawdown of the broader Project funding package." company has to go fast as it can now though suspect Ethiopian government pushing Harry and the company to speed up.

- PE Funds into subsidiary/ies 25 min Several PE Groups focusing on either Ethiopian subsidiaries or Saudi subsidiary or both. ?

Rather have some TK news even if it along the lines of things are still on track than Saudi news as eventually Saudi will get sorted and there is less time pressure there.

As for RNS whatever the rules we all know good news purely by chance seems to drop just before or on the day of AGMs.

https://www.miningreview.com/gold/akobo-shows-strong-grades-in-ethiopia/

https://africasustainabilitymatters.com/dangote-group-launches-3-billion-fertilizer-investment-in-ethiopia-to-address-regional-food-security/

https://www.zawya.com/en/business/investment/saudi-minister-explores-strategic-industrial-and-mining-partnerships-with-top-russian-firms-b8hxrtqv