Member Info for Ss2000

If initial funding is ever completed should be around 2p+

Will always have an excuse for a delay. and not much confidence in that changing ever. Targets deadlines always missed /extended 6months at a time. Many similarities to Afren!

Don’t believe sp will spike and return on news on ans funding completion. Lots of investors are waiting until funding is secured- even if they are to pay a higher price

Could be a good day. With questions answered to deadlines. Should be back at 1.5 Friday if have answers.

Finance documentation is “well advanced”? and resettlement hasn’t started and was one of the factors before ans finance. October 2020 will be another missed deadline. Only positive is gold price which we already knew. I’ve not been here for too long but started to understand how the people been here for years are feeling. It’s nothing but delays from uncertainties.

If anything Coronavirus plays to kefis advantage with the gold price rise over the last couple months. And with news on funding the sp would not be where it is. Good look with however you’re seeing it.

I did say this would be 1.4 before news! Does that still make me a deramper or are most people just blind to anything but the positives. Very low chance of completing Ethiopia project. It is worth a risk with only what you can risk to lose- as always!

No how can they say it will be done in 10working days. This is not applying for a driving license in the uk! These things take months!

Bit of a worthless rns. Will wait for the funding rns review imminently

Also if listen at 3:06 “simpler financing” it doesn’t appear to me it’s complete. Saying imminently does not put a time frame on things it’s already been a month since the video

“6months process of closing documentation”

I don’t know what would be the point to deramp this share. At most is could affect the sp by 5% - but why are you worried about that if news of funding completion is confirmed it will surely be back to around 2p+. But you have to take into consideration a new government will cause delays at best.

They’re all facts and opinions- if we know this share will 100% go over 2-3p then it would already be there. It’s good to listen to all possibilities/obstacles before making investments.

This will be 1.4 before news on funding.

If everything goes to plan - fact is only 1 in 3000 projects go from this stage to actually taking product out the ground. And 1 in 300 after finance is arranged.

Same as everyday- will still end lower until news

Sp in mining only meaningfully go up when promises are kept and targets met and especially when the product comes out the ground! The rns will be very similar to all the promises made in q1 2015!

“Standard local procedures” how many working days do they have a week?

To be honest just some research - notarisation of document in Ethiopia takes 2 weeks (for us companies/I’m guessing the same for uk) then they can only send documents by post. Which will take time! So yes from what I now understand no chance of next week- would imagine 3-4 weeks. Although this is not the only part needed as “closing with government sector partner”- which has began also needs completing. Which there is no timeframe for.

there Is 0% of funding landing next week. As after paperwork is submitted it takes a minimum of 2 weeks to for approval+postage time! Which is probably 1 month from past experiences. But will say minimum of 2 weeks from last rns!