Member Info for stringer01

Maybe a pre-condition for any funding package is a mining licence which wouldn't be unusual. Stefan said by the end of the year.

When the re-rate does come, I'm not sure what will spark it. But this is no 10 bagger, maybe a 5. Fingers crossed it'll hit 20p soon and we can all move on. I feel it's close.

Crazy you don't think the market isn't aware of Kefi? It's been banging on about this funding for well over a year now. It's the only thing that will cause a stir here. They've done an awful lot of PR it's just nobody so far believes they'll close it. Will we see a steady rise once documents are ready for signing? wouldn't hold my breath there's been too many false dawns.

Opportunistic, closing of the huge funding package is what it comes down to and has eluded us for so long and the market doubts it. Upon sign off in July this will basically 1 bag. Launch and draw downs could see it bag again but wouldn't bet on it because they are not the hurdles here. In conclusion, it's all about the money coming in as Manu puts it!

Hahaha, I remember the word launch used many times in 2024 from when I first bought in in may 24, turned out to be the early works (half fat) launch. 13 months later still no major works. If there was an award for best obsfuscator of 2024 Adams would win hands down.

Don't worry alanos he'll still get his 25k a month and no questions asked.

'The banks and the ethiopian gov are pushing us to launch', Adams' words not mine from a vox article in march. we're about to find out if that was true or false with signing. Prey there's no foot dragging.

You can clearly see from where the next failure/delays are coming, that's right, signing!

Stebo, I've no problem with any of that but don't pay the bloke 25k a month plus £260k in bonuses for essentially failing. I fail to understand how YOU can think failure should be rewarded so highly? I'd have got canned from my job long ago with that track record.

Crazytowner, next time he complains and tries to shift blame onto the the market for the huge value gap tel him to think hard about his own decisions for the past 12+ months. I'll be unable to attend.

Stebo, Harry is on 25k a month regardless of failure, win or lose. It's a gravy train and he's delivered nothing so far. Let's see what next 2 weeks brings. Frankly, the silence from him now is deafening.

Stebo, the only thing that would keep me in this longer term is if I thought they'd sell Saudi asset. But Adams seems obsessed with it and unwilling to sell. I believe he would rather dilute us to death before selling, but that's just my opinion. Just look at the history of frequent discounted placings and you just know by the time we get to production there'll be 15b shares in issue. Good luck to you though through what will be a bumpy road through development to production. With that said I might reconsider if Adams was replaced after funding and launch with someone who runs this company in the interests of shareholders.

Jason chasing rainbows again?

Seems an odd time to sell with sign off couple weeks away. Maybe a tree shake.

Not exactly in sticky hands these shares, been big sells since the mini spike 2 weeks back.

Deedee1 might get in lower lol.

Same old pattern sp plummets after a placing to well below placing price.

Have to be careful with this one they do many discounted fundraises. but good luck to you also.

Hi deedee1, sold after last placing at .57 with a small profit from .50 but looking @ buying in if/when the offer drops back to .50.

1p is my target post sign off I wish that darn offer price would drop to .50.