Member Info for sharezy

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

10p sounds... conservative...

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.

EL - comedy indeed…

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....

Youtu.be/LzNayAyIs1g?si=vkkb4kJJXsArvJPA

Most recent Investor Meet company video:

27m 15s. - timelines for bank #2

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.

Now let’s hear SB’s reason for posting…

I for one had forgotten that we had two joint ventures with massive deposits on the cusp of being funded and the Christian name of the Chairman.

So thank you for the timely reminder.

@Alanos - all I see is a green box, which I guess validates the quality of my judgement… 🙃

We’re soon entering pre production sweet spot territory.

Only c. a 3-4x to allow larger investors to buy in….

Not been great to date, but the future looks golden…!!!

This price is, imo, a gift :)

Kelotoni - probably because they said on the 24th January, not quite 2 months ago (and have no updates yet):

"...we have commenced administrative proceedings in respect of our long-standing proximal Exploration Licenses ("ELs") surrounding the Tulu Kapi Project Mining Licence area, in order to continue exploration programmes and community development which have always complemented the Tulu Kapi project. During an overhaul of the title-regulatory system in 2022, these ELs were over-pegged by a Hong Kong shell company owned by a British Virgin Islands shell company. We are confident that this situation can be resolved satisfactorily."

EL - well put. Also staying.

Some of the mis-informaton on here is perplexing... (or is that sus'?)

SB - frustrating way things have happened.

It’s needed cash, before finance. That much should not have been a surprise. And maintaining “positivity” has, I would suppose, been important for that. Hence an attempt to keep the wheels from falling off…. I think this has been overlooked in amongst the delays.

Earlier than when the war started, there were mistakes made imo. And for it to take so long has been poor. But then, that’s driven the price down and allowed others in - so we’re all going to have different perspectives on that.

Smart move averaging down.

Now we agree that the next bit SHOULD be the reward part, I don’t see why there should be such negativity, (if we ASSUME this share doesn’t make an ASS out of U and Me).

A little objectivity is all - admittedly will be much easier POST finance.

p.s. I have no idea why DV keeps repeating there were meetings last month… this was never the case… I believe we could be a little further off yet - but not too far!

I think some of you might be over-estimating how good the salary Harry is receiving, versus the value of his (and our) shares with working mines, nor how important it is to more junior board members and senior team members that their shares realise some of the potential value here.

Harry is a family man - and his legacy will be important to him.

Last year, the project was re-started following a 2 year civil war, conditions for finance were (slowly) satisfied and now we're looking at finance (despite almost double the shares, and less of a share in Saudi than there might have been - but far less than if the SP was allowed to languish prior to placings, or the proverbial towel had been thrown in...).

There’s nothing to suggest he was made insider.

He did mention putting emails into spam from crackpots (which of you was it? 😅)

Oh yes, and very confident all on track… apparently…

When this launches (which isn’t certain, but looks likely), I wonder what the new “it’ll never happen” brigade will use to entertain and succour themselves…

9 years SB! - so c. 5p+.

No wonder people buying today have a more optimistic outlook!

DV likes making up dates… perhaps it makes him feel important…

Nobody knows…

An “educated guess” would suggest there might be a little longer to wait, and that this is not unreasonable given sums involved and number of parties.

It would be lovely to think we will have positive news this week, but there’s no evidence to suggest that.

We do have a general meeting next week, so there should be news then….