Member Info for Robjm66

Https://x.com/kefiminerals/status/1922558723601445231

"Just uploaded: KEFI’s latest investor deck.

Proud to present across Addis Ababa, Riyadh & London this May — in partnership with Ethiopia’s Government & supported by

@FCDOGovUK

.

Leading mineral development in the Arabian-Nubian Shield"

https://www.kefi-goldandcopper.com/files/presentations/kefi-ethiopian-mining-investment-seminar-presentation-may25.pdf

Previously the issue would have been the market cap of the whole project but now with the much higher gold price it makes sense to go for the extra potential as early as possible.

They are going for the deeper pit early at TK bonkers longer term depends where they put their resources I would not be surprised if they get another licence then their is Konso. As for Saudi JQ would be really easy to develop due to the nature of the deposits and could be in production pretty fast.

“Also confirmation of new presentation shared by mainstay and rob conforms 135,000oz of gold , hope stebo amends his numbers”

▪ 1.7Moz high-grade gold (2.1g/t O/P Ore Reserve and 5.6g/t U/G Mineral Resource)

▪ 135Koz pa open pit ready for construction. Target to develop underground mine early in open pit life

Resource open below open pit with high grades

The PA likely means per annum Bonkers it certainty does not mean the whole resource which if anything is likely to be higher than the numbers stated.

Does not say if the shares are at project level (TKGM) if it is five million is one percent of the overall package. (Slide 13 https://www.kefi-goldandcopper.com/files/presentations/kefi-ethiopian-mining-investment-seminar-presentation-may25.pdf )

▪ 2017 TKGM JV with government. Currently 95% and planning to retain 80%

▪ 1.7Moz high-grade gold (2.1g/t O/P Ore Reserve and 5.6g/t U/G Mineral Resource)

▪ 135Koz pa open pit ready for construction. Target to develop underground mine early in open pit life

▪ Preparing to close c.$320M finance package ahead of launching Major Works for open pit

▪ Estimated $329M EBITDA (at $3,000/oz gold) in first full year of production

You know there is money to be made when Trump gets involved.

https://news.sky.com/story/us-saudi-relationship-feels-tighter-than-ever-as-trump-signs-flurry-of-deals-13367279

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2847-cse/kuya/180032-kuya-silver-announces-joint-venture-agreement-on-umm-hadid-silver-gold-project-saudi-arabia.html

https://www.washingtonpost.com/technology/2025/05/13/trump-mideast-chips-mines-minerals-uae-saudi/ (saudi general)

https://www.mining-journal.com/miners/news-analysis/4413753/us-saudi-arabia-agree-cooperate-mining-mineral-resources

Https://www.ena.et/web/eng/w/eng_6584321 (Ethiopia mining) You know a sector is about to take off when the Chinese start getting involved.

The two-day event, which gathered global investors and key stakeholders, highlighted Ethiopia's ongoing comprehensive economic reforms and resulted in the signing of five major investment deals totaling over 1.6 billion US dollars.

Huawei Mining Processing Company Limited: Planned investment totaling around half a billion dollars ($500 million) for mineral exploration, processing, and the development of a special economic zone focused on minerals.

Sequa Mining and Processing PLC (Joint Venture between Ethiopian and Chinese companies): Planned investment of approximately $600 million USD to develop coal mining projects.

https://www.mining.com/web/chinese-firms-to-invest-1-75-billion-in-ethiopia-mining-solar/

You can say that again.

"are simply being disingenuous to profit from the former." Not a coincidence that you had concerted efforts to talk the price down before the AFC news was most likely to break which was the same time as the conference I would not be surprised that some of those that are most negative publicly are more confident privately and wanted to top up but at a lower price.

Was an element of buy the rumour which was the ministerial confirmation the other day however going to get a steady flow of good news with TK now and more upticks in the SP. As for Saudi think it will come down to selling most of it or all of it depending on whether something different is done with JQ. Now in a position to get a better price for those prospects and any loan if needed can be on better terms assuming that they even need one as now full TK lift off and Saudi sale are on the horizon.

Going to have a lot of people that missed the news and some who have not worked through the implications yet. For instance likely to lead to an increased sale price for Saudi prospects and a earlier decision there.

Great news would happen when I was out of the house! It was the last major barrier and should get good news flow as other less critical things get ticked off now that could not be till this was done. However a moment of silence for all those that were feverishly trying to talk the price down (even at the weekend) before the news broke and a call for straight jackets and trip to the asylum for those still trying to do so.

No you would not arrange it that far in advance as news could leak out but some people are quite capable of predicting an imminent placing for months.

Https://africanminingmarket.com/akobo-minerals-and-monetary-metals-agree-on-revised-gold-loan-terms/22055/ (Ethiopia mining) Akobo does deal for more funding with monetary metal

https://www.businesswire.com/news/home/20250512935406/en/Burkhan-World-Investments-Announces-%2415-Billion-in-Strategic-Memoranda-of-Understanding-with-Saudi-Arabia-Across-Mining-AI-and-Dual-Purpose-Defense-Technologies

The first Memorandum of Understanding, valued at $9 billion, was signed with Grand Mines Mining LLC to launch a new Mining Investment and Operations Company headquartered in Saudi Arabia. This initiative will focus on the exploration, development, processing, and export of critical minerals—including lithium, cobalt, and rare earth elements—vital to advanced manufacturing, energy storage, and clean energy infrastructure in the United States and allied nations….

Https://www.ena.et/web/eng/w/eng_6579310 (Ethiopia general)

https://www.mofed.gov.et/blog/ethiopia-showcases-bold-reforms-and-investment-opportunities-at-2025-high-level-forum-reinforcing-its-open-for-business-stance/

https://ethionegari.com/2025/05/12/invest-in-ethiopia-forum-kicks-off-in-addis-ababa/

https://www.facebook.com/people/Invest-in-Ethiopiahlbf-2025/61574823326798/?_rdc=1&_rdr#

You are likely to have a much luck asking buck to be concise as bonkers and at least bonkers is occasionally entertaining.

Https://apanews.net/ethiopia-generates-2-1b-from-gold-export-in-nine-months/

Data from the ministry also suggested that Ethiopia’s overall export revenue for the reported period achieved about 145 percent of the initial target.

Amid positive prospects in the agricultural, manufacturing, mining and other major economic sectors, the Ethiopian government in October 2024 announced an 8.4 percent economic growth target for the current fiscal year.

https://allafrica.com/stories/202504250588.html

Old news Buck the revenue from gold has actually dramatically increased after some reforms.

Should be once respected Chatham house.

https://www.caixinglobal.com/2020-11-28/globalization-is-not-in-decline-chatham-house-head-says-101633558.html

Https://press.et/herald/?p=115304 (Ethiopia mining)

https://www.bbc.co.uk/news/articles/crk2me7vjxxo (Saudi general)

Yes.