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What would the RNS entail?
A warning that there MIGHT be some bad news coming? An RNS is for a statement of fact. There will be an RNS when there is a definitive answer to the question of whether or not the license has been revoked - most likely on Thursday.
So we have until Thursday...
That'll be an interesting AGM...
Shut up cracker, you're clearly the manipulator here. It's clear because you're bad at it it, and you're bad at it because you're not particularly intelligent.
Bascially everything you say is just "dude, trust me", stupid arguments that don't have any real logical basis or avoiding giving any real information.
A lot of people on this website - not just on this board - are disingenuous or just ill-informed. But you're a snake.
And all this talk about having invested in 'loads of detailed analysis!' that have apparently 'revealed' the 'hidden truths' that would 'shock even the devil'... Pathetic. Just more 'dude, trust me'. You haven't paid for any independent analysis and that's why you haven't given any detail on anything to do with it. And what are these analysts anyway? Private detectives who are phone-tapping HAA and KEFI in order to find out stuff that isn't publicly available? Professional analysts don't just suddenly have access to secret information because you've given them money. That's not how the world works and that's an example of you being too stupid to make something up that wasn't obviously able to be proven wrong.
@brainfart
So your justification for your argument that KEFI's license has been revoked is that... They HAVEN'T released a legally required formal announcement of that occurrence?
The fact that there has been no RNS means that they have not been directly told the license is revoked.
I personally have very little faith in Harry / KEFI as an individual and group of individuals due to past behaviours and track records but your arguments are stupid as 5h1t.
@chasf.
Nice to see a rational person with a sensible head on their shoulders. Makes a change on this websote
I wish you all the best in life and not just with your shares!
In fairness, the government doesn't care if it develops TK with KEFI or anyone else. They don't need any loyalty to KEFI. They own the land that the metal's in - they don't need to work with any company in particular.
The Ethiopian Mom has stated that 972 miners operating in Ethiopia have had their licenses revoked (not 972 licenses).
Therefore it's probably more than 1000 prospects that have had their licences revoked.
Surely some of those 972 miners will be on AIM... Surely someone will know how to find out the names of some of those miners. Could we check and see on their boards if they've had an RNS / company tweet etc. stating the licenses have been revoked? If they have RNSd it / confirmed some other way, we can know we're safe.
Little worried because in the RNS 1 or 2 weeks ago there was a statement saying the Ethiopian govt. was still waiting for KEFI to apply / confirm certain things in the way they wanted, and companies not doing that is one of the reasons for revoking licenses... I only just topped up today...
You're worried about copyright... On a conversation? What?
After investing pretty heavily in KEFI 18 to 24 months ago and getting pretty severely burned / disappointed by Harry and Co., I have just doubled my holding (admittedly not a comparatively huge investment as I was 70% down as of this morning!) - but this is after I told myself I wouldn't put another penny into this company.
Now from 70% down to 50% down... Not bad...
Roll on the end of the month! If financing isn't agreed I'm just gonna sell every mining stock I own and invest in an index fund like some boring twat haha.
By investing in 200,000 more shares I would double my current holding of 200,000, and would bring my average price down from 2.1p to 1.4p.
Assuming this share gets to 8p in 5 years the difference between returns would be around 10k for that extra 1k investment today.
I'm so tempted, but also so wary of getting burned by KEFI again. Also I'm already in a bit too heavily with this share... Problems, problems...
That's the impression I'm getting, Bishop
As far as I'm aware it's a copper play and gold is just a bonus. Copper grades are decent.
There's already 100000% too many posts being contributed to this board by uninformed idiots who have no idea what's going to happen, and that's what I'm complaining about! Why would I want to add to the clutter?
WE DON'T KNOW WHAT'S GOING TO HAPPEN UNTIL THE RNS DROPS. NOBODY DOES. SO STOP CRYING ABOUT IT. EITHER BUY MORE SHARES OR SELL YOUR SHARES. BUT WHATEVER YOU DO, SHUT UP!
Got any cyanide instead?
Shut up Kira, you're a PI and a big part of why the EUA BB sucks, therefore PIs are a huge part of the reason it sucks. Shut up and it will suck less.
There are loads like you on here and they all contribute to the whirlpool of ****e that is this BB.
God, I hate you all so ****ing much, shut up, **** off, get a life and just wait for the RNS to drop.
If you think the sale price is going to be anything higher than £1.50 then I'd argue you aren't crazy - just ******ed.
@mac
This seems like the most likely thing to me.
I really hope your username is from that South Park episode...
Yes, but the article also says:
"Beside the insecurity low performance of companies has also been set as a challenge for the performance. As indicated on the report based on the assessment, the ministry on the performance of mining companies has given a last warning for poly CGL to submit its finance and technical limitations until the end of the budget year. Similarly, Tulu Kapi has been requested to submit its financial reliability."
I read that as the Ethiopian government deem KEFI to be underperforming and part of the reason financing hasn't been approved for TK yet is because we haven't submitted something that we need to for the govt. to sign off on?
Or is it that we submit this financial reliability statement (financing for TK) once the financing has been agreed?