Member Info for sharezy

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Give it time... use critical thinking... just because a room goes silent, it doesn't mean you start shouting the first thing that comes into your head...

Anyone else noticed that there are now 2 applications posted on the mining ministry website? And that the exploration licenses for the areas around TK expire in March 2025? So would be available then regardless?

Yawn....

Arbitrarily trashing the share while adding nothing to the discussion just wastes everyone's time.

Find a new hobby.

Muted.

SB - guess we’ll see…

Factually yes initial s/h have been wiped out. Thats the risk.

Rest is opinion - even you concede that “maybe” this is about to take off.

Guess that’s why you’re still here….?

DV - understandable given wording, but I think you’ve misinterpreted that. It just says they’re going to KO the process, which may not happen in that month. They work to their own timetables so KEFI couldn’t specify when that would happen with certainty.

Where does it say that there were meetings scheduled for the end of Feb.

Pretty sure you can’t answer this question.

But you keep asking about it 🤷🏻‍♂️.

Lenders and investors went to their respective boards “this month” in Feb - which doesn’t mean “signed off on Feb”.

Unless you have some information nobody else does?

EL don’t come here with all you “logic”

“I own shares, but nobody should buy them”

“I don’t care if it’s now coming good and I was too early, don’t make my mistake”

Sure sure

Couldn’t make it up…

Yours posts seem overly negative, Ben.

There were debts to be paid. Fees to be funded and ongoing costs to cover.

Interim borrowing was sought but not secured, so we had a placing.

Assuming there is a process, which is concluding, and will lead to funding for mine construction, this isn’t the end of the world.

DV - yes - but one of us appears surprised by this…

Just need to look at the assets project plan and realistic valuations to realise that 100% dilution from here would still be highly profitable.

Nobody wants dilution, but that just the facts of life.

Also not counting my chickens here.

It happens when it happens.

I speculate it will happen and it will do v nicely.

Others free to differ. Wish you well.

DV.

The RNS stated:

“Gone to their respective boards” not "arranged meetings immediately", nor "agreed to sign off on by". the process was started.

You've repeatedly peddled this misinterpretation of the process, suggesting that all boards would sign off last month.

Why?

Wait.

So you’re saying if we don’t dig it up and sell it, we won’t have any income?

Posting spurious negativity on open..?

Hmmmmmm…. Wonder what that could be about…

🤡

Haha, if you predict a placing often enough, you might be right eventually 😂

Project proceeding - “Placing!” - nope.

Lead bank signed off - “Placing!” - nope.

New resource discovery - “Placing!” - drum roll 🥁

One day you might be right - we have no other income so we need to borrow beg dig or place as we build a lucrative asset base to exploit… 😉

I don’t believe it will be announced until it’s firm - otherwise you’re announcing a deal that hasn’t been done yet.

Also not sure that shareholders are supposed to be involved in business activities?

As a s/h here, patience should be a forte…

TMS

He’s more of a Genius than you might be aware…

Local partners isn’t about avoiding a placing. It’s partly about having a more influential base in the country and supporting Ethiopia.

But mainly about repatriation of KEFI’s own profits, to mean they can operate in the country.

This is why the minister for mines name checked KEFI as helping them develop a mining friendly jurisdiction.

Good will goes a long way.

Looks at share price, looks at NPV:

“No, I want a bargain” 😂

Which will turn a tidy profit, and value the company much, much higher.

Amusing reading all the catastrophising, (disingenuous or otherwise) - as if it changes anything.

I don't know any more than the average punter - except I see what's happening, what the facts are, and draw my own conclusions...

Get them while they're cheap ;)

I for one will miss all the green boxes 😢.

Not entirely sure that's how a mining company is valued...

But roughly speaking:

= MC now

================ MC nearer production

Will be great to see the final pieces of finance fall in place and begin working out how much longer that line will get with additional proven resources.