Member Info for Robjm66

Https://www.wheatonpm.com/overview/default.aspx

https://www.wheatonpm.com/about/Our-Business-Model/default.aspx

https://www.wheatonpm.com/news/news-details/2024/Wheaton-Precious-Metals-Announces-Third-Quarter-2024-Results-and-Record-Quarterly-Operating-Cash-Flow/default.aspx

"Wheaton achieved record cash flow from operations in the third quarter of 2024, underscoring the effectiveness of our business model in leveraging rising commodity prices, with our cash operating margins increasing by over 30% relative to the third quarter of 2023. Our portfolio of operating assets delivered solid production levels, continuing to support our annual production guidance range for 2024 of 550,000 to 620,000 gold equivalent ounces," said Randy Smallwood, President and CEO of Wheaton Precious Metals.

Third quarter of 2024: $308 million in revenue, $254 million in operating cash flow, $155 million in net earnings and $153 million in adjusted net earnings1, and declared a quarterly dividend1 of $0.155 per common share.

Balance Sheet: cash balance of $694 million, no debt, and an undrawn $2 billion revolving credit facility as at September 30, 2024 after making total upfront cash payments of $30 million relative to mineral stream and royalty interests in the quarter.”

Wheaton does not need any spin.

Https://www.ena.et/web/eng/w/eng_5577432 (Ethiopia mining)

https://www.marketscreener.com/quote/stock/BIT-MINING-LIMITED-14997076/news/BIT-Mining-to-acquire-Ethiopian-crypto-data-centres-in-14mn-deal-48531222/

https://www.alliedgold.com/overview/default.aspx

https://www.miningweekly.com/article/akobo-reports-final-november-gold-production-of-10-kg-2024-12-05

https://www.africainvestmentforum.com/en/news/press-releases/critical-minerals-africa-seeks-transformation-raw-export-critical-minerals

Https://www.miningmx.com/top-story/59328-allied-gold-lines-up-175m-streaming-deal-for-ethiopia-project/

“In terms of the streaming agreement, Wheaton Precious will pay Allied $175m in four equal installments equal to 6.7% of payable gold from Kurmuk, reducing to 4.8% of gold once 220,000 oz has been delivered. Wheaton Precious will pay 15% of the spot price of gold. Allied also has the option of buying back the streaming deal.”

The way is now paved for the balance of Kurmuk’s $450m capital cost to be financed. Allied said previously it was planning a prepayment deal.

Allied raised C$221m ($157m) in an equity raise during October with Wheaton Precious buying C$20m ($14.25m) in stock.”

Have Wheaton as a shareholder as well also Allied even have the option to buy back the deal.

HtTps://www.juniorminingnetwork.com/junior-miner-news/press-releases/1009-tsx/wpm/171786-wheaton-precious-metals-announces-the-acquisition-of-a-gold-stream-from-allied-gold-s-kurmuk-project.html

VANCOUVER, BC, Dec. 5, 2024 /CNW/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce that its wholly-owned subsidiary, Wheaton Precious Metals International Ltd. ("WPMI") has entered into a definitive Precious Metals Purchase Agreement (the "Gold Stream") with Allied Gold Corporation and its wholly owned subsidiary Allied Gold Services Inc. (together, "Allied"), in respect of the Kurmuk Project located in Ethiopia (the "Project" or "Kurmuk").

"Wheaton is pleased to announce a streaming agreement with Allied to advance the construction of the Kurmuk project, which is set to be the first commercial gold mine in Ethiopia," said Randy Smallwood, President and CEO of Wheaton Precious Metals. "This fully permitted, high quality development project offers significant exploration potential, supported by a team at Allied with a proven operating track record. We are excited to partner with Allied to unlock opportunities that empower the local communities and help drive the growth of Ethiopia's emerging metals and mining sector…"

Maybe kefi should also be looking at deals like this in addition to listing? Anyway a big vote of confidence in in Ethiopia and it mining sector the above is an extract of a much longer article Magnum might need help with the big words.

Https://www.ena.et/web/eng/w/eng_5577605 (Ethiopia general)

https://www.zawya.com/en/economy/africa/will-ethiopia-join-the-banking-mainstream-c8vlcpzu (Ethiopian and African banking)

https://allafrica.com/stories/202412060084.html

Following the implementation of the comprehensive macroeconomic reforms of the country, the spokesperson said that various foreign companies have visited Ethiopia, showing keen interest to invest in the country.

Over 20 foreign companies drawn from various countries have visited Ethiopia over the last two weeks alone to explore investment opportunities in the country, he added.

The companies expressed their interest for investment particularly in agriculture, manufacturing, ICT, tourism and mining sectors, he stated; underscoring that concerted efforts are underway to create enabling environment for investors.

https://www.fanabc.com/english/president-putin-lauds-ethiopias-recent-economic-growth-as-phenomenal-unique/

https://www.intellinews.com/ethiopia-s-bitcoin-mining-powers-to-2-5-of-the-global-hashrate-driven-by-investments-from-chinese-firms-356948/

https://*************.com/views/77888/tom-winnifrith-bonus-bearcast-mr-market-the-manic-depressive-kefi-and-trakm8-the-latter-is-a-zero-it-is-surely-insolvent

if kefi was so obviously doomed and there was no chance of getting tk over the line you would not have or need so much effort being expended by people to convince people that that was the case.

looks like things have stabilised so they have already lost the battle looking at likely news flow. once you get some good news i expect them to slither back under their rocks where they have largely been till recently.

Https://furtherafrica.com/2024/12/05/kefi-secures-konso-critical-metals-exploration-license-in-ethiopia/

Additionally, KEFI plans to list on the Ethiopian Stock Exchange, unlocking local funding to support its expanding portfolio in Ethiopia.

These initiatives position KEFI as a leader in leveraging Ethiopia’s vast untapped resources while contributing to the nation’s economic growth.

https://www.theeastafrican.co.ke/tea/business-tech/ethiopia-eyes-700m-world-bank-loan-in-a-financial-reform-plan-4846108

https://allafrica.com/stories/202412040385.html

https://www.fanabc.com/english/mfa-state-minister-meets-with-saudi-investors/

Addis Ababa, December 5, 2024 (FBC) – Ethiopia’s State Minister of Foreign Affairs, Ambassador Mesganu Arga, met with Saudi Arabian investors in Riyadh to discuss investment opportunities in the east African country.

Ambassador Mesganu highlighted Ethiopia’s recent economic reforms aimed at fostering foreign trade and investment. He emphasized that these reforms have created a conducive environment for international investors across various sectors.

In response, Saudi investors and heads of companies expressed their appreciation for the discussion and showed strong interest in investing in Ethiopia. They highlighted potential areas of collaboration, including agricultural production, livestock breeding, mining, tourism, and the establishment of factories to access the broader African market.

https://www.zawya.com/en/press-release/research-and-studies/fmf2024-report-54trln-in-mineral-investment-needed-for-energy-transition-by-2035-k42tc19a (critical minerals)

https://agmetalminer.com/2024/12/05/saudi-arabia-mineral-resources/

“I am sure there will be scheme to squeeze out ordinary share Holders to allow institutions to pile in alongside power locals..” Translation damn looks like TK will get over the line, the local subsidiary will list and projects will be founded at subsidiary level instead of parent company level and you will get people including international investors queuing up to invest and the locals interests will be aligned more closely with kefis. An extra Irony is the poster and others are desperate for the present shareholder base to sell out.

Https://addisstandard.com/kefi-gold-and-copper-secures-critical-metals-exploration-license-in-konso-ethiopia/

So you are moaning that there will be less need for any cash raisings if we give a taste to the Ethiopians laughable. Its inevitable as Ethiopian mining takes off the will be less deals like TK where kefi have 80 percent.

https://www.***************************/kefi-gold-and-copper-secures-konso-project-exploration-license-in-ethiopia/4121180110

https://www.proactiveinvestors.co.uk/companies/news/1062060/kefi-gold-awarded-exploration-licence-in-ethiopia-for-critical-metals-1062060.html

https://news.cision.com/akobo-minerals-ab/r/akobo-minerals-reports-november-gold-production-of-8-kg--covering-costs,c4075126

“KME proposed listing on the new Ethiopian exchange is the local subsidiary” Doh that's the idea so money does not have to be raised at parent company level it can raised at KME and project level.

Various pluses gives Ethiopians a stake and can progress with new exploration areas without waiting for the money from TK or using all the money from sale of Saudi assets.

Went on the mining cadastre its one of the areas kefi applied for.

The concession area is found between the Oromia and Southern Peoples, Nations and Nationalities Regional State.

The Konso Project is approximately 635 kilometres ("kms") south west of Addis Ababa and near the city of Arba Minch.  The exploration licence ("EL") awarded to KME covers an area of 22 square kms and covers those areas of interest highlighted by Vale's field results.

"Our portfolio of assets in Ethiopia is now expected to grow and we look forward to providing further updates on this and our expected Ethiopian Stock Exchange listing of KME securities, which is designed to unlock additional subsidiary funding sources from qualified investors in Ethiopia who KEFI continues to develop relationships with. These funding strategies, as with those already being successfully applied for our flagship Tulu Kapi Gold Project, are designed to enable KEFI to maximise local alliancing whilst minimisng financial reliance on the plc level."

So at project level through the local stock exchange . One point would the Ethiopian government give this area if they were going to play games over TK.

https://*************.com/views/77851/tom-winnifrith-bearcast-who-do-you-want-as-this-year-s-christmas-carol-villain

*sorry AFC membership confirmation.

Sorry missed it amongst all the other posts at the moment would be happier with the Ethiopian government AFC bank confirmation.

https://*************.com/views/77845/tom-winnifrith-bonusd-bearcast-a-shaort-email-from-arry-adams-and-a-long-chat-wit5h-steve-o-hara

Think several things happened behind the scenes hence new institutional investor, hints of other investors and suggestion of kefi getting its areas back. Maybe some deals done and promises made the kind you cannot really tell a blogger about or RNS hence TW being cut out of loop and Harry keeping a low profile.

If we are getting a slew of new international investors possible that Harry was more forthcoming with them.

https://*************.com/views/77831/tom-winnifrith-bonus-bearcast-kefi-placing-was-i-lied-to-and-should-we-bail-or-buy-via-primary-bid

Yes Gizmohican looks like tons of stuff has been going on in the background while Harry has mentioned being approached in the past and at a recent American conference it a bit abrupt international investors coming out of the woodwork. Also "We also expect this capital raise will facilitate the granting of additional long-targeted licenses in Ethiopia, which we believe will be complementary to operations and the value proposition of Tulu Kapi." At a guess if they are “complementary..to operations…of TK” does it mean the over pegged areas, if so all of them or just some of them will it be connected to the listing of kefi in Ethiopia gaining Ethiopians a chance to invest in future projects?

Maybe he will be less coy with TW.