Member Info for sharezy

Manu?

Resident sad sack.

Posted on Easter Sunday, when markets were closed, families and friends got together, but the urge to post here was too strong.

Err... not how it works.

If you get known as someone who rescinds firm offers (and bothers to go through the very formal process of doing so) and stiffs your potential lendees, you won't last long.

UPShunt, in all seriousness, you're just flinging sh*t, hoping some sticks...

There's plenty of real and genuine risks here to focus on. If you can find them...

That is not one of them.

Oh damn, I've just got a new commercial mortgage approved for one of my businesses - damn, are they going to renege on the agreed terms too?...

That is how business works. They fail, worth nothing.

Critical thinking is about looking at the most likely outcome.

Do you think it being worth nothing (A possible outcome) Is the most likely outcome?

Bonkers posts his usual tripe, Up*unt crawls up his derrière.

lol!

So clever talking about brokers and how this is not a high “R”eward RvR play.

Jog on you daft sausage.

You can’t will people to be selling, Plumpy.

In fact, what was the point of you posting, again?

Errr… probably roughly the same, given no actual news or changes…?

“Nailed on placing!!!” Isn’t the scary or indeed clever comment you think it is…

Fukutu, how but*hurt are you? To post here so often willing the company ill, you must be a sorry sad and sick individual.

Thanks burgers 🍔

Such a valuable contribution.

Oh, and mind the resident nutters… 🤣

See RNS for details of Saudi sale (in progress).

Chique,

Worth checking out the very experienced world class contractors lined up, as well as the surplus cash on hand from selling one operation (in Saudi).

HUM suffered from profitability issues and operational costs in excess of $2500 an ounce - whereas here, it is designed to be profitable at $1,200.

Also look at the board advisors and new management team - serious and experienced people.

Also consider the SLO with the local and national government partners in Ethiopia.

There is of course risk, any number of potential issues, but there are a lot of positive signals.

They’ve question is how long the final leg of finance will take - and even the. It is still well within parameters for a highly profitable investment - it just needs to happen…

Place your bets now…

Proverbs 26:4-5 – Answer not a fool according to his folly, lest you be like him yourself. Answer a fool according to his folly, lest he be wise in his own eyes.

Le sigh.

You know very well the situation.

You have stated you think it will happen. You won’t put a number on it, but you’re well aware of the potential here for a very profitable mine to be built. You’re unhappy how long it’s taking and worried that it might be too long or not at all.

What you don’t see is how profoundly stupid it is to make this argument day in, day out, with whatever random brain fa*rts you choose to include.

Now that you’ve outed yourself as someone who holds shares (presumably as you hope to make a profit on it) and is too impatient to wait and see the outcome, but also not brave enough to sell and move on, but is happy to simply sit and fling sh*t at anyone trying discuss the share, perhaps you should pipe down.

Twg - you watched that video and thought “placing!”. Lol.

Sure…

Yeah, there might be a placing. That’s sort of par for the course.

Thankfully only if necessary and leaving plenty of headroom for profit.

But that reference was to the fact that the bulk of finance is coming from debt and in country equity, not PLC shareholders.

The focus was and still is this ratification - which is down to the Ethiopian Government, and we hope happens sooner than later, and is guided to be “in train”…

And all the other bits of detail about the project progressing… I guess went over your head… or in one (metaphorical) ear and out the other…

God this deramping based on timelines and backwards views is getting tiresome and desperate.

On balance the concensus is it will happen eventually.

Which if (when?) it does then the MC will explode - upwards - to more than the sp has been in the last few years.

“Every raise the CEO has needed to do he has been positive about the near term outcomes”…. Can you hear yourselves…? 🤣

I wonder how many people have been persuaded to sell based on your diatribe and might end up missing the boat…

Shameless.

Boat pushing lass from Oxford?...

Patience is bitter, but its fruit is sweet.

Q. Why is there secrecy about the ratification process, I cannot understand why a timetable cannot be published?

A. Ratification is a parliamentary task, and we are advised in good faith that ratification is in process within project requirements. The company is in no position to dictate parliamentary timetables or advise on how long other agreements have taken to ratify. Today's RNS notes that the focus is to complete this quarter Government approvals of residual administrative matters, including AFC membership ratification by the Ethiopian Parliament.

Q. I note that the area surrounding TK and also to the North not only still belong to the Hong Kong shell company, but have recently been extended for another year. Can you please comment on what the company is doing in respect of this, and whether you still expect them to be “returned”?

A: We remain confident that the successful launch of Tulu Kapi will sort this issue and our administrative processes remain focused thereon. It is not in shareholders’ interests to elaborate publicly.

Posted 08 April 2025

I confess, I don’t read all your posts, Bonky.

As I’ve said before, life is too short.

You're quite right, it’s not good. It’s called objectivity.

You can Google that one.

Use the search feature, and some nouse, UPS-hunt

Welcome. Hope you are not unduly harmed by Trump's fiscal experiments in how to win friends and influence people.

At least the POG will benefit...