The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Mixture of all 3 i think...
Will the Webcast be published online anywhere? I cant listen to it at the minute but would like to over the weekend. Thanks
I dont think ANS would have got this far in the process without having to prove they have available funds ready to transfer.
It hit 2.2p before dilution
Between the ranges of 2p and 2.2p
The issue is no one believes Harry.
As soon as the proof is there we will see an increase in SP.
We ended the day in Auction by the looks of things, does that bode well for tomorrow?
Why the last minute drop from 1.69p to 1.55p?
Ive not seen such an irratic move in price in the opposite direction after a rise all day. (Then again i am one of these novices OnlyLossesForMe keeps going on about) ;-)
Thanks,
George
Merry Christmas everyone, I hope you all have a great break with family and friends.
News on financing -ANS & Signing off docs.
Will set this going, I think market is holding off for these two things.
Does anyone know of any time frames for the above?
Ive just had a small top up
Spread needs to tighten before we see some movement.
I thought CLN finished selling as per the RNS a week or two ago?
Expecting next week / Maybe even today if we are lucky.
Following receipt of this confirmation from the Ethiopian Government on 7 November that it had resolved its internal administrative arrangements, the partners of the Project subsidiary, Tulu Kapi Gold Mines Share Company (“TKGM”), were in a position to proceed to:
review these administrative changes;
update the shareholder documentation accordingly for TKGM;
distribute the revised documents to the partners’ compliance teams and boards as the case may be;
sign final documentation relating to the shareholders’ agreement; and
trigger subscription procedures for the Project equity capital.
Those processes are in train and in Ethiopia typically take between one and two weeks each, as was stated in the shareholder webinar at the end of October.
This being a public-private partnership and an innovative first-mover project may easily cause delays but we have seen none so far. We are about half way through these steps and certainly KEFI would announce if there is any material change.
Taken from KEFI September Newsletter.... 4. Mine design and planning –
• Working with the KEFI mine design
and planning engineer to finalize the
mining contractor tender document
and finalize the pre-production
earthworks which will occur during
plant/site construction and prior to
full scale mining of the proposed
mining schedule.
• The mining contractor tender
document has been reviewed to final
draft ready to go to African Mining
Services (AMS) for their first review
following final legal due diligence
from KEFI advisers.
Would they be allowed to go to tender without having the funds confirmed?
Always seem to be caught on the hype of shares.. Average of 1.71 after buying at 1.98999 and buying some more at 1.4568. Onwards and upwards :-)