Member Info for Robjm66

Its no. Even newish investors or the mentally challenged should have worked out that no way would have I highlighted Kefi getting the last Saudi licence area and embarrassing the company that was at the same time exiting Saudi if i was getting paid by kefi to ramp the company.

HtTps://www.zawya.com/en/projects/mining/saudi-to-offer-50-000-sq-km-to-mining-investors-f11zjrws

htTps://www.youtube.com/watch?v=ELG-4W5QXaU (ESX)

htTps://anba.com.br/en/saudi-mining-company-to-open-office-in-sao-paulo/

htTps://www.iom3.org/resource/a-new-dawn-for-uk-and-saudi-arabia-minerals.html

The UK Government's Critical Minerals Strategy is due to be launched in 2025 and will focus on boosting international collaboration, with key partners to bolster national supply chains and security, while delivering new jobs and economic growth.

Jones is predicted to say, 'Critical minerals are increasingly vital to our economy, (Hopefully better than the UK AI launch the other day when they had problems with the Wifi)

htTps://www.futuremineralsforum.com/ bits being streamed from website.

Https://www.juniorminingnetwork.com/junior-miner-news/press-releases/3170-tsx/ie/173419-ivanhoe-electric-s-typhoon-tm-technology-quickly-proves-its-power-with-discovery-in-saudi-arabia.html (saudi mining)

https://news.cision.com/akobo-minerals-ab/r/akobo-minerals-reports-q4-gold-production-and-unveils-accelerated-mine-development-plan,c4090814

https://www.mining.com/web/uk-to-sign-critical-minerals-partnership-with-saudi-arabia/

https://www.fanabc.com/english/central-bank-governor-commends-homegrown-reforms-as-historic-transformative-reset-of-ethiopian-economy/ (Ethiopia general)

https://www.mining.com/web/congo-courts-saudi-mining-investors-to-help-curb-china-dominance/ (Saudi/Africain mining)

https://www.saudigazette.com.sa/article/648586/SAUDI-ARABIA/Saudi-Arabia-signs-mining-deals-with-6-countries

https://www.miningreview.com/energy-minerals/future-minerals-forum-opens-with-global-talks-on-responsible-mining/

"It'll work itself out fine

All we need is just a little patience

Said, sugar, make it slow

And we'll come together fine

All we need is just a little patience"

I am humming Angels as I type.

Https://kefikefi.com/ Buy Kefi!

Whatever gave you that idea? It is a matter of public record got into kefi about the same time as Kefi got into Saudi and I called for Harry to step down shortly after he took over from Jeff Rayner and probably annoyed Harry a few times once including when I highlighted Amak maybe another time when I asked him some questions at an AGM. Never received even an email from Harry in all this time so I assume I am still on his s**t list.

I am not even in the Kefi telegram group. As for the number of posts that's about what bonkers or Magnacarter can manage in a couple of months. Do not post on other stocks as not one of those people that think they are an expert on every stock out there but been invested in or followed a couple of middle eastern mining stocks before kefi and got into the habit of doing my own research.

Have not even posted up the few bits I found today as other things I am busy on and they can wait.

Https://www.proactiveinvestors.co.uk/companies/news/1064100/auking-mining-grants-option-to-resource-mining-corp-for-saudi-jv-interests-1064100.html

AuKing Mining Ltd (ASX:AKN) has entered into a binding term sheet with Resource Mining Corporation Ltd (ASX:RMI) granting RMI an option to purchase all of its interests in joint venture arrangements established in Saudi Arabia.

The option has been provided to RMI with the permission of AuKing’s local Saudi JV partner, Barg Alsaman Mining Co (BSMC).

Under the terms of the Saudi JV, AuKing has the right to earn a 70% joint venture interest by incurring project-related expenditure up to the stage of a feasibility study for the particular project.

An exploration licence was issued on November 11, 2024, for the Wadi Salamah tenement and steps are being taken to secure the Shaib Marqan licence.

(Only had the area since November and some rock chips but guess there is some interest in areas)

htTps://english.aawsat.com/business/5100659-unprecedented-participation-expected-international-mining-conference-riyadh

Be interesting to see what happens to those areas when their term expires within couple of months unlike kefi/TKGM they will not be able to point to any work done on those areas.

HtTps://www.miningreview.com/energy-minerals/85-governments-to-meet-in-riyadh-for-future-minerals-forum/

htTps://www.spa.gov.sa/en/N2240400 (saudi mining)

htTps://www.fanabc.com/english/uk-congratulates-ethiopia-on-launch-of-nationss-new-stock-exchange/

htTps://www.youtube.com/watch?v=ThKGpJ_mx60 gold live from the vault

htTps://www.fanabc.com/english/amp/pm-abiy-launches-ethiopian-securities-exchange/

Think you are suffering from short term memory loss putting forward the same questions after you have just a reply to those same questions.

What a lot of drivel. Kefi will have more idea over the next one or two weeks. You have the mineral forum 14 - 16 January after or during kefi will have more idea what it can get for its Saudi prospects and the Launch of the Ethiopian stock exchange on the 10th which kefi no doubt will be watching.

The investment by the Ethiopian government into the road means you are likely looking at AFC membership being ratified soon. Then you have the webinar.

https://www.fanabc.com/english/ethiopias-business-trade-delegation-to-visit-saudi-arabia-next-week/ (Ethiopia/Saudi business)

https://www.ena.et/web/eng/w/eng_5762178 (Ethiopia general)

https://www.ena.et/web/eng/w/eng_5761244 (Ethiopia general)

https://busenq.com/article/driving-growth-in-saudi-mining-amaks-vision-for-the-future/

https://www.spa.gov.sa/en/N2239668 (Saudi mining)

https://www.zawya.com/en/capital-markets/equities/saudi-arabia-set-for-ipo-resurgence-56-flotations-likely-in-next-2-years-gggwz68p (Saudi investment)

The proactive interview hinted that Harry would be at the Saudi mining forum and kefi Saudi prospects would be “laid out on a table” that suggests they are pushing for an early sale. Also a piece will be falling in place with the full launch of the new stock exchange in a couple of days.

https://x.com/futuremineral?lang=en

https://www.livemint.com/market/stock-market-news/africa-gets-new-stock-market-as-ethiopia-seeks-to-woo-investors-11736310134854.html

The new institution aims to list as many as 50 companies in the next five years, Tilahun said. Some will join the bourse via a so-called listing by introduction — which does not involve an IPO — though how many is not yet clear. (might be a cheaper way to do it”Listing by Introduction means the process of introducing or listing an issuer’s securities held by existing investor on a securities exchange without an initial public offering.)

https://www.thebanker.com/Ethiopia-s-new-securities-exchange-aims-to-unlock-interbank-liquidity-1736248458

The exchange is also a critical enabler of economic diversification. By reducing borrowing costs and expanding access to finance, it empowers businesses to invest in new projects,

The public-private partnership model facilitated this, tapping the power of collaboration in driving financial innovation.

https://www.theafricareport.com/372949/nigerias-firstbank-sets-sights-on-ethiopia-angola-cameroon/

https://www.theglobeandmail.com/investing/markets/stocks/AAUC-T/pressreleases/30341882/allied-gold-top-10-undervalued-basic-materials-sector-stocks-on-tsx-aauc/ (Ethiopian mining)

Q: Can we expect a imminent sale of our Saudi assets or is it fair to presume this is early days and such a transaction will need a lot more time?

A: We target that it be resolved in tandem with the launch of Tulu Kapi.

Well just usually just ignore (but do not filter) Bonkers ramblings as life is too short but..

“Question is do ARTAR have first right of refusal as I believe they do , if that's the case have they said they don't want the 15%..”

Of course ARTAR will want the percentage as they can then use it to get a new JV partner to do the actaul exploration and mining but kefi should entertain all offers for example another company might be interested in the stake as a way into a JV with Artar. Its just basic business to get the most you can when selling something.

The road does show the government commetment to the project and kefi and them wanting to get TK done as do other measures including past expenditure changing laws and so on.

G & M the Kefi artar JV are a sponsor at the event anyone from kefi at the event will be concentrating on getting a good price for the Saudi assets. Doubt Harry will be there as a lot is going on in Ethiopia and it’s a critical time there.

Various Questions (from Q & A) kefi website)

Q: Exactly what has been achieved and ticked off with early works and what is left to do to enable major works?

A: An updated Presentation on the website sets out that we now move into certification and documentation finalisation for launch of Major Works.

Q: Harry said in the newspaper article that community resettlement needs to be properly and smoothly achieved before moving onto Major Works, yet the AGM statement says that resettlement is part of Major Works, can this please be clarified?

A: Resettlement needs to be properly and smoothly agreed formally, before being triggered as part of Major Works.

Q: Is Resettlement part of Major Works or do we have to wait for it to happen before we start Major Works?

A: We always highlight that the resettlement budget and schedule needs formal agreement before being triggered as part of Major Works. Perhaps you have been confused by the fact that a small resettlement package has just been committed before Major Works as a means of locking down the big numbers.

Q: Can we expect a imminent sale of our Saudi assets or is it fair to presume this is early days and such a transaction will need a lot more time?

A: We target that it be resolved in tandem with the launch of Tulu Kapi.

Https://www.futuremineralsforum.com/

https://www.futuremineralsforum.com/supporters-partners/

Pretty comprehensive update and makes sense to use the future minerals forum as a shop window.

htTps://www.kefi-goldandcopper.com/files/presentations/kefi-future-minerals-forum-update-presentation-7jan25.pdf

Certain Major Works have now started

Detailed finalised terms are being inserted into the already-drafted detailed documentation for execution

and up to US$30 million in the form of gold-linked preference shares of KEFI Minerals (Ethiopia) Limited expected to be issued as the Ethiopian Stock Exchange is launched (currently scheduled to be by the end of January) (timing of webinar?)

the remaining US$30 million is being finalised with certain Middle Eastern and other sectoral investors,

Saudi the staged development plans for the Jibal Qutman Gold and Hawiah Copper-Gold projects; and

o short-listing potential transaction scenarios being discussed with third parties.

"We will shortly launch broader Major Works at our Ethiopian Tulu Kapi project, a high-grade and high-recovery gold project larger than any Saudi gold project today. We will also commence exploration at tantalum/lithium and copper/nickel/cobalt targets in well-known Ethiopian zones of mineralisation for these critical materials, following the award of the Konso Project in December 2024.

"At the same time there is significant interest in our 15%-owned GMCO JV in Saudi Arabia, currently under strategic review, and we look forward to further discussions during the Future Minerals Forum in Riyadh next week."

Going to have to make progress over "coming weeks" to hit the targets being talked about. If they start hitting them..

/views/78325/kefi-gold-and-copper-general-meeting-announcement-suggests-potential-catalysts-news-flow-over-the-coming-weeks-strong-buy

Gold Rush?

Ethiopia’s financial reforms may trigger new era of modern gold mining

By David Whitehouse

Posted on January 3, 2025 12:26

Backing from Canada’s Wheaton Precious Metals for the Kurmuk project bodes well for the future of Ethiopian gold mining, executives say.

Ethiopia is moving closer to fulfilling its potential as a major gold mining jurisdiction, KEFI Gold and Copper executive chairman Harry Anagnostaras-Adams tells The Africa Report...

Https://borkena.com/2025/01/02/midroc-spending-over-200-million-on-gold-mining-in-benishangul/

htTps://birrmetrics.com/ethiopia-central-bank-raises-credit-cap-to-18-from-14/

htTps://www.ena.et/web/eng/w/eng_5721167 Ethiopia

htTps://www.gulf-times.com/article/697673/business/ethiopia-is-a-strategic-hub-for-qatari-investments-says-envoy

htTps://www.fanabc.com/english/ethiopias-macroeconomic-reforms-yield-significant-results-in-combating-illicit-trade70762-2/