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Not surprised it has sparked some buying.
Or that it’s brought out the trolls 🧌 that have predicted 300 of the last 3 placings 🤣
We’re getting money from finance…
The enterprise value is far in excess of the current share price.
Think I’ll keep my shares for now 👍🏻
Once they had the finance there was always the next step - working out equity splits and contributions and then signing paperwork.
They couldn’t work out that part until the banks were on board.
Which they now are.
Like when you have a mortgage offer approved, but still need to sign the paperwork to buy the house.
You’d be a bit silly to bet against it at this point imo ;)
“Conditional” - don’t get hung up on this - they need things like insurances in place…
It’s a bit like when someone explains that they think a stock will go up. Or down.
Yes those are the options. Deal or No Deal.
All that matters is which one you think it’ll be - based on the evidence - and what actions you take.
The evidence I’ve seen leads me to believe this is happening.
Holding.
Looks like soon will be resolved.
Looking forward to news in May as stated (or even June) that the long awaited TK finance is sorted.
At that point (or when the actual signatures happen) it’s derisked (financially) and then we’ll see a rerate.
We have to pay for Saudi, but there are many ways of doing this that still see us multiples higher than we are from here.
2-3p post finance, 6-7p based on current metals prices, accelerating as the PM and Commodities Bull markets take shape over the coming years, 10-20p achievable based on current expectations.
Plus further opportunities once we’re a mid-tier with excellent reputation - including the 15 licenses in Saudi.
What a great opportunity for wealth creation, for those lucky and brave enough to invest now.
Well, I’m curious but sceptical of the job posts, could be an agency trying to build a speculative roster, or the company testing the water.
But the other things that I’m aware of make me more confident that this is just a matter of waiting.
- The 1st bank getting board credit approval
- Major MN getting board credit approval
- The second bank, TDB, having lobbied hard to add Ethiopia as a country member and having regular meetings with the company looks like it wants to progress.
These things take time.
Fundamentals remain intact.
Selling at these prices, at this time is a curious behaviour.
All points towards launch probably sooner than later.
https://www.ethiojobs.net/search-results-jobs/?action=search&listing_type%5Bequal%5D=Job&keywords%5Ball_words%5D=TKGM
In case link above doesn’t work…
https www ethiojobs net/search-results-jobs/?action=search&listing_type%5Bequal%5D=Job&keywords%5Ball_words%5D=TKGM
Fivecandles, that’s pure speculation based on…. Well nothing.. thin air…
If it was based on something, you might have a point.
It is taking its sweet time, pretty sure we’re all aware of this.
But the facts remain - on track to compete funding.
Maybe put the computer away for a bit and get some fresh air.
I’m not sure what benefit removing him would bring.
In fact, it would almost certainly be a huge mistake.
If things do go pear shaped here, it changes things quite a bit.
But the indications at present are that things are progressing and will close as expected.
like a pantomime on here... "oh yes they will"...
is ha the villain, or widow t****y? :)
of course there's lots of possibilities for what "might" happen, but the direction of travel has been positive since last year, with some clearly explained reasons for delays.
this project could never have got off the ground without the capital controls being waived.
security has been addressed time and again. it is not security holding anything up.
government has approved
lead bank has approved
some of rest of syndicate has approved
second bank is in approval process following the first, expected within weeks - the last indication in my previous message from march "next month"... which is now... maybe not april, but news within weeks.
not a lot else to discuss - other than - 'how many shares do you own' and 'what price did you pay'....
not saying this can't go pear shaped - that's always a possibility.
but this is progressing + the rest is noise....
This is inconsistent with ongoing communications and stated intent. 0.2p is pie in the sky given latest status. You "hope next placing above 0.2p" what a bizarre statement.
Wake up and smell the coffee.... soon to be the second largest export in Ethiopia, after Gold.