Member Info for sharezy

MC getting his knickers in a twist again?

Or Ben wet the bed?

Meanwhile, I’m enjoying the latest RNS tidbit from Saudi…

“From a finance-optimisation viewpoint, it is notable that much of this past expenditure may be reimbursed in our planned project financing of development, as part of the Saudi incentivisation of exploration and mine development, given Saudi Industrial Development Fund project finance also reimburses pre-development costs.”

So 75% of costs funded, our end of the remaining 25% is 25% (6.25%)

And we’re able to get funding based on existing spend?

No wonder the company says finance in Saudi is a doddle.

And a clearly supportive partner.

Big things ahead!!

By all accounts the government is in control.

“My Views on the News” YT channel tends to have good sources, but likes inflammatory headlines (for views) and then gets corrected and chastised for it in the comments.

Didn’t seem to stop the first bank… 🏦

£5m odd - hardly going to derail a $1Bn project…

No sense at all.

Plus - the company believes the claims are baseless.

They already overcame historical litigation.

Yawn 🥱

You done yet?

“Ballance”

This is where your uninformed foolishness shines through.

There is video of the mining minister on stage.

The law is publicly available

The government stake is listed publicly

There is documented evidence of meetings in the MoM.

Major international banks are working on the project - there is documented evidence of this.

The role of the Nomad is to ensure facts in RNS details are accurate.

Is anyone keeping tabs on your porkies?

We get it - Adams has been the most optimistic he could have been about success at a time when he needed to raise funds to keep the lights on. I get this is both sh**ty and emotionally difficult. He’s also messed up the finance once.

We get it - there is a chance something could go wrong up until (and beyond) the point that the mine is financed.

Do you get that this represents an opportunity to make some money if your average permits?

Think this is all going over your head.

Honestly, carry on posting - but know we see you for what you are.

Now, back in the filter.

Best wishes,

S

The government, who allegedly want to take the license away from KEFI:

- Has a minister for mining who stood on a stage and praised KEFI for helping them

- Fired the person informing dodgy articles about KEFI for corruption.

- Is a stakeholder in the project which would be put back many years without KEFI’s data and mine plans and feasibility work

- Would be unable to sell a license to a serious bidder if they demonstrated they cannot be trusted

- Has been hosting syndicate meetings in government buildings

- Stands to benefit tremendously from getting mining on an industrial scale going with international partners

- Has changed the law to accommodate KEFI

- Has restructured the army to form a mining division to protect KEFI

TheMagnaCarta

- Is a very silly boy

I wonder which green box replied, and what they said…

In the words of Alan Partridge:

🤷

It seems this board is cursed with the ghosts of investments past.

Ready made filter list:

Fukutu, ajs8220, manu17, TheCondorMan, LoveLosses, Fantasy, UPshunt, TheMagnacarta

Nothing useful comes from under the green boxes 😂

Case in point, article linked below with inflammatory, baseless statements, mostly nonsensical - pasted as fact….

You’re welcome 😉

What you say on here.

If your only “aim” is to trick a couple of investors out of an opportunity due to being b**thurt, then you sir, are a scoundrel.

But it only matters what happens on the ground.

And at this stage we have financiers factually ready to invest, passed board approval and scrutiny by experts.

This is inevitable.

Ben,

You always pop up with words of wisdom whenever there’s an opportunity to kick this share.

Just for balance, the potential enterprise value of this company far exceeds the market cap, by multiples.

So pointing out that it has costs while attempting to close finance that in the grand scheme of things don’t change the overall picture is less “amazing” and more mundane.

If a positive opinion is a “ramp”, the. I presume your view must be a “de-ramp”. Pot, kettle, much?

I’m invested here. Not bet the house on it because it’s far from guaranteed.

Balanced and measured as I can be, it seems a reasonable punt this will come off.

Alanos - Yep, comes off as a bit desperate, lol 😂

There’s huge value to be realised here. Government pushing. Criteria for closing being readied.

My sources in country saying positive things.

I’ll sit here and wait the inevitable rerate.

The game is can you buy in now cheaper than post-finance, or are you too early.

And Zomg(!) there is risk.

Spurious hot air…floating by, boxed in green…

Errr… it’s been planned for some time that HAA is in Wales, not London for a speaking engagement…

This board provides endless amusement.

Motives for spurious negative posts… hmmm…

MagnaCarta - you're very welcome to take a bearish position here - by all means point out the risks and even history of this.

The problem with opinions though, is that they are just that. Opinions.

And when coloured by one's own position, it becomes of no worth.

TW has a small position as he keeps saying... so that's factually inaccurate too...

Filtered.

Lithium been there for some time - there's a licence application dated 26/12/23 - ethiopian.portal.miningcadastre DOT com/MapPage.aspx?PageID=a16a9300-7c58-4f81-9e5c-97e13b22b0c6

Licenses around TK expire in Dec, so some activity there, no doubt.

Plus expansion of existing discovery and new exploration activity.

Economics stack up.

News out of the country has been positive - new loan agreed from IMF, militarily settling down, government in control.

Matter of time…

Is that all ;)

Might pull back a little in months ahead, but at production willing to bet it'll be much higher than now...

DV - exactly - if Tdaves is “shocked” by the (non) delay in today’s RNS, he’s either not been paying attention lately or is… perhaps… disingenuous… *shock*

It factually states the same dates as were shared previously.

The only thing one could possibly take “aim” at is that the signatures are indeed still required.

That’s what the bet is at this stage. That everything comes good, as has been attempted all along.

Regardless the times when people were investing during a civil war and when capital controls in place prevented any project happening and then were surprised when no project happened, thems the past…

FG - welcome to make spurious claims, but at least base them somewhat in reality, or give some kind of explanation if you want to be taken seriously.

Haven’t any idea what you’re on about.

You don’t think TK is progressing, despite evidence to the contrary because a bonus scheme is adjusted to only pay out if the share price also increases?

Sounds better than it was before to me.

Inferring that TK is dead from this is…. Well, you tell me… 🤷🏻‍♂️

DV - I un-Green boxed you because you were starting to make sense. Price is stable, volume is not far off zero…

Updates will come when they come…

Manu, logging in just now I noticed you’d feverishly typed something-soon-to-be-hidden by a green box.

Didn’t read it, but I guess you’re not happy about losing some money along the way.

On the plus side, you’ll be able to find a new hobby soon!