Member Info for StephenX

Tick tock to what? How many tick tock posts do you do?!

I don't get it; an announcement over the weekend makes little sense.

Yes Nick; that's the conclusion I have sort of jumped to unless the wording is just terrible in the q&a as it says the word debt.

If they aren't diluting though; this might be a bit of a delay in November as planned as the plan has now changed slightly. Obviously it would be for the better?!

Possibly...

The wording is very odd in the q&a; it says "We have been advised that it is no longer required for debt components. May be unnecessary altogether, subject to final dealings of the Tulu Kapi finance package."

But this the equity component? Does that mean a meeting is still needed? Or does it mean they are no longer giving away equity and just going to do Ethiobonds or streaming (the last two would be incredible for NAV value here). Then they don't need a meeting?

Leaves a few options.. Either way the meeting is almost irrelevant as it's a tick box given they have the lionshare of votes and can do whatever they need; just need the announcement to hopefully unlock some more value here.

I disagree. This will happen during the week in a boardroom with signatures/lawyers just like the debt.

They can't sit on the news nor hold it back for a ceremony. When its signed it'll be lined up and RNS out immediately. What is good is that it should still be in November with no meeting required. It's been very quiet and they are in Ethiopia this week so any day now.

And round and round we go.

God I want this news if not to end this tedios dialogue.

Because it's >£150m market cap...

This volume is basically zero; it's not big enough to move the dial. We need 1 to 2 percent of the marketcap a day traded so get it going in any direction hence the bumbling up and down which is mainly spread and tiny trades.

49 trades....

It's so quiet given this news is supposed to be any day. If they dropped the equity package and went for streaming that would be huge news but hopefully not delay things. They are in Addis Ababa sorting it out this week so news should be any second.

Still can't quite understand the lack of interest though.

Borrowed stock!?

That would be a huge short then and reported. Stock lending on KEFI doesn't exist; none of the nomninee places like HL do stock lending on client positions and there aren't any large funds invested which would lend their stock either. The amount of people who think stock lending (and shorting) happens on AIM stocks is always hilarious as it really doesn't happen (bar some notably exceptions).

I hate to be that person and constantly disagree with Alan but that's not what he said.. He said 70% to 85% which is exactly what is being negotiated; hoping it's nearer the 85% but tbh it's such a high NPV that it's almost irrelevant against the current marketcap. I don't see the need to reinvent what was said as it's still good news...

One of the things he did say was it was being sorted "Today"; did he mean that it's just ongoing as of today or literally they are meeting today to discuss. They are all in Ethiopia he said so assume this could be any minute now?

Is it possible that we get the announcement that it's all done pending the vote in November rather than the meeting happening in November?

Changes the timelines slightly; not that it matters but it may stop this "hot zone" talk...

I'd just like it all done asap and hopefully before Christmas to get some life back in the SP.

Not usually good news if sp drops with a new mm..

It's impossible to tell anything with such tiny volume. Small trades relative to marketcap causing quite big movements. Need news or even a rumour of news, it's taking its time!!

But he doesn't exchange ideas.

He talks nonsense then gets really uppity when anyone points out that it's nonsense.

Yep they are buys; irrelevant as 20k isn't exactly big on a 150 mil marketcap.

Also; I'm sure you're aware that they are reported as buys on here by the LSE algo guessing right? Other websites have differing opinions; trades are never "reported" as anything by the actual exchange; just a trade.

Not negative; just pointing out you talk absolute nonsense.

Trading conspiracies; IIs buying; share movements that don't exist. You left the telegram groups in a right old huff as you were called out on it there where you openly admitted you were a retiree who was an amateur in the game yet you make up nonsense on here.

As per yesterday; no news; nothing going on; zero volume.

News will arrive and this will rerate; don't need to invent a story in the meantime you lunatic.

An II buying 20k on the open market....

ALAN OSBOURNE - YOU HAVE NO IDEA WHAT YOU ARE TALKING ABOUT!

I honestly think timeframes like this just lead to investor disappointment...

The only thing that matters is if its happening which until Harry announces the entire thing has fallen apart (it hasn't) then it's quiet until then.

This has been delayed so many times; what is a few extra weeks? I hope the news is good and comes very soon and kicks off a rerate but the mentality of AIM is so fickle that if it takes longer then there may be no interest when it finally happens. What will the next rerating trigger be then? And on it goes..

Or actually it went "negative" as the last trade was 15.29 at 1.46 which was a sell... With a large spread today it's not doing anything.

So no; nothing going on; no spreadbets triggered (LOL Alan)...

Actual Bid/Offer hasn't changed at all...

Could just be a non material day with zero volume; but no; for some reason that isn't an obvious explanation.

LSE really is a mad house.

Lol what is this utter tripe...

1.41 to drive out margin calls? On what? By Who? Who benefits?

Bid/Offer unchanged; has been similar all day.

One reported buy on google (regardless of volume) moves chart.

Zero happening; Alan Osbourne invents narrative.

KEFIGOLD - You're better than this; doesn't need conspiracies to be made up, volume will come just as before when news comes then several percent of the marketcap will be traded in a few hours.