I'm here for TK also. Think this ongoing saudi asset sale will give Zorba Adams the best excuse to hold up launching TK and closing finance. Hope I'm wrong.
RE: Millions alleged to of been added20 Mar 2025 13:20
Adams playing for more time now March 31, next April 15 etc, etc, etc. I hope he isn't delaying TK launch to coincide with the saudi asset sale or we're looking at August launch. Good Luck.
RE: RE: The vwap must be getting close to 0.5018 Mar 2025 19:52
Why does Bonkers have an agenda? Like me he/she is merely questioning why Adams keeps putting out deadlines and/or targets and misses every single one.
I doubt Adams reads these boards but if he is STOP with the timelines and targets, everytime you miss them it gives de-rampers and shorters oxygen. ie it does more harm than good.
Davyuk it was end end game 6+ months ago! Last summer (almost 12 months ago) they kept teasing us with finance close and major works for October! Yes, you read that right last October. Almost 6 months and you'd have thought the Ethiopian government would atleast have ratified! But?
RE: The vwap must be getting close to 0.5018 Mar 2025 15:28
It should be noted predicting whether this 5x, 10x or 20x on start of development is irrelevant because it won't and hasn't budged for a very long time. I want this to get funded and built THAT's the only thing that will re-rate this from its presently silly valuation.
RE: The vwap must be getting close to 0.5018 Mar 2025 15:22
Stebo Adams needs to look to his own presentation and amend it then he needs to STOP putting out targets and dates he just can't hit them. We are 2/3 into march already. Looks silly no? Furthermore, anyone looking to invest in Ethiopia would have 2nd thoughts given how slow the wheels are turning for this project.
RE: The vwap must be getting close to 0.5018 Mar 2025 14:36
Stebo I understand it's a process most things are like ageing and death is a process. We were told targeted for february and that's still in the last Kefi presentation. My point is the urgency and enthusiasm for this project is/has been completely absent by the continual foot dragging. I think the world will lose it's glaciers before this gets going. Don't take my word for the sp says it all. Still cautiously optimistic though.
RE: The vwap must be getting close to 0.5018 Mar 2025 14:21
I should add that the importance of this project to the country (jobs and revenues etc) has been mentioned numerous times and yet on the ground it's deliberately held up. You'd think they'd pull their fingers out. Good Luck anyways.