Member Info for sharezy

Worth remembering that there are three existing mines operational in Ethiopia, with Kurmuk production coning on line this year.

It is not unprecedented.

Once all up and running, TK will be the largest producer (similar in size to Kurmuk)

Size order:

1. Tulu Kapi (~140 koz/year planned)

2. Kurmuk (~100–150 koz/year ramp-up, then similar long-term scale)

3. Lega Dembi

4. Segele

5. Sakaro

Just a matter of time.

There will be a time when the sp appreciates in anticipation of production.

Timing it might be tricky.

Best to get them cheap now ;)

Feverous tree man

The rules allow for an Exec Chairman. It requires a non-Exec to balance the board, which we have.

The reason given is that there is currently no need for both a CEO and a Chairman.

Regulatorily “fine”.

So you relied on the “repeated dilution” and are upset by executive remuneration in line with industry norms. I mean, market rates for market people.

Repeated dilution vs…… shuttering the company.

Good one 👍🏻

Define “governance is shot to pieces” in specifics

Other than “poor me, bad dilution”.

I’ll wait

Has nobody ever thought that Harry is staying in place until everything is nailed to the floor in order to protect his successor…

What I’m saying is logical and quite often tongue in cheek.

I find you amusing.

I think, if it was me, I would sue you, and do a little raise to fund it.

Well put, EL.

A rare intelligent poster.

I’m not the biggest cheerleader.

I’m an investor and I can see the value here.

Unfortunately, to coin a phrase;

You are not serious people.

My dear boy.

I decided there was little value in attending the meeting.

The mine is going ahead.

The commercials are clearing up slowly.

I don’t get pleasure in heckling people to no material end.

tl;dr - not worth my time.

What material objective did you achieve by attending?

“Nananana i’m right I’m right”

(you’re quite literally not)

Very mature.

I doubt the type of insidious bs posted here a) matters and b) reaches the threshold for abusive speculation.

It also misses the point that there are realities in business.

Two things can be true

1) There may be some further dilution

2) The share price may appreciate significantly

So both can be true.

I don’t think it’s useful to focus on one or the other, I think it’s an intellectual limitation combined with painful experience of terrible investment decisions that leads somebody to do so.

It appears people can see what they like here.

Like a fart in the wind.

It quickly passes.

Ah, you see, when you call somebody a liar, that is a slur on their reputation.

When you are wrong, because you have misunderstood something, that means you can’t prove it in court.

Which if you were taken to, and I have seen it done, could be very expensive for you.

In fact, I might write to the company and suggest it.

Haha, “lied”.

Go and reread it.

Just because you take it as gospel, it doesn’t mean that it was a promise that it would happen.

If you wanted to be negative which he seem to want to be, you would say that we are expected to be put on the main market within six months, but that offers no guarantee that it would happen.

But then any non-moron knows that right?…

So you resort to Libel.

And what also sounds like Slander… pmsl (as Harry probably is as well…)

Let’s hope for your sake he’s not feeling litigious….

To those suggesting to vote down AGM resolutions.

In the words of Bjørge Lillelien….. “ your boys took one hell of a beating!”

GQ is a fantasist, lol 😂

That is literally not how it works

And yet still potential multibagger.

And on that bombshell….

“Selling not done” (buying not done either…) it’s a live market on a 2 dimensional timeline don’t you know….

“Dilution apologists” LOL!!!

I personally think of myself somewhere between a “Mathematist” and an informed optimist.

I am sorry, however you seem very emotional over all this mine building and finance malarkey.

Maybe buy an index fund and go play golf….

*7.2%

7.5% of the initial mine.

0% of the next one.

C’mon… you even put this in your message implicitly 😆

1) lots of words to say “please sir don’t dilute us 🥹 “

2) company has zero income until selling gold. Overheads have dropped as tk part-pays out of project funds

3) given licenses to pay, non-funded Saudi to pay and exploration costs, may require funding

4) Very clearly explained as option to raise funds required as reassurance to banks in case of overrun (none expected).

Are you oblivious, naive, or incompetent?…