Member Info for TheCondorMan

"fast-tracked by the govt "

LOL !!! 10+ years and counting = fast tracked Ethiopia style.

In may... they stated production start 2026

today it's 2027.

Harry doing his 'string-a-long' special

It went from 1 bank having credit approval to none. It went from Early Oct 2023, when said live on video,

"we just received conformation that both banks will send in their credit approvals in a couple of weeks"

To 13 months later still waiting.

It's such wonderful news today, that's why the SP is down by 10%.

Who remembers Harry's famous funding is Imminent quote. Hmmm when was that. Maybe 2 years ago.

Even just 6 weeks ago an RNS said the bull dozers will begin works in October. But yet, in the background Harry knew that was BS. Anyway, this time next year I'm sure it'll be more of the same.

Let's not forget :

The development funding plan for TK is for Kefi to draw down in 2015 in half two 2015 a combination of debt and equity finance. This is expected to comprise US$100 MILLION AND $20 MILLION BY ONE OF A NUMBER OF SOURCES"

Also from same month "We remain on track to start development of Tulu Kapi gold project in 2015 for production in 2017...

and this today

Early Works progress

The Early Works programme was launched in May 2024 and has successfully served to demonstrate the readiness of the community and security generally for the launch of Major Works.

All key construction and supply agreements have been *** assembled for execution ***

so residents haven't even started to relocate !!!

Ah yes, because clearly the entire market hangs on the words of a few forum posters. I mean, it's not like actual company performance has anything to do with share prices. No, it must be those brilliant masterminds on the message boards driving the entire stock down just so they can sneak in and buy low. Makes perfect sense!

Oh, really? Held at gunpoint and walked away without a scratch—physically *or* mentally? Sounds more like a movie script than a real-life hostage situation. Let’s not pretend that surviving something like that leaves no scars, because anyone who's actually been through it wouldn't dismiss trauma so easily. Experience speaks louder than exaggeration.

More like countering lying b/s ramping from the likes you and your ilk. 10 years and £60m down the shoot... and what has it got to show for it ? KEFI entering the 99% losers hall of fame.

That's the not the point. a kidnap by it's nature is harmful... you the person who was kidnap felt he was 'unharmed' during the whole process ?

Actually i got it from a.d.v.fn... i'm not on telegram

the civil war started 12 months earlier. And during that time your lord and master was issuing rns releases saying they were unaffected as they were miles away from the trouble... so much so that a full year into the civil war they issued that RNS about being ready by Oct 2021.

What he didnt tell you as well, that one of their employees was kidnapped even lying only a few months ago that no employee has ever been harmed on the project.

They still own the saudi's over £5m.

From the donkey's mouth :

"It is a great pleasure to update on the full funding plan for the Tulu Kapi Gold Project. With principal approvals now received from the majority of the syndicate, we are focused on satisfying the remaining conditions precedent which are normal for a transaction of this nature. We are finalising outstanding documentation for all parties to allow the funds to flow for full Project development from October this year."

wait... that was in September 2021

As at 30 June 2024, KEFI owed ARTAR an amount of £ 5,070,000 (2023: £1,776,000).

£2,976k short term loans... of that £1,304k is just interest

this need to be paid off by end of year.

Careful stats, you'll suffer from a repetitive strain injury soon...

ps you hypocrite... ramping away on panr, and dissing anyone who is negative.. yet being the trasher on here as if you're some guru

Not one shovel has touched the ground as yet.

Why do they need to install security camps? Is that like literally guys with machine guns ?

Surely moving the people who live there is the priority?

When and how? Have they built them a new housing estate yet?

Why no mention of detailed engineering, perhaps the most important step before building a mine?

Mentioned it last May along with community relocation,, but nothing in this update?

Normally multiple companies do detailed engineering on their particular parts of the project , so give me some company names who is building the plant? who is doing the civil earthworks? who is building the sleeping quarters?

It's all reliant on Harry's hogwash words... trusting his words is like trusting Boris to chaperone your other half to a party

Only mugs falling Harry's hogwash would be buying..... placing is on the cards without doubt

Local investors in Equity Risk Notes requested to formally resolve their level of participation by the end of August 2024 so that other regional investors know what is available for finalisation by them in September

------

hang on a minute, didn't Harry tell you almost a whole year ago that everything was sorted and there was just some admin work Kefi needed to do. So which is it? Do people here collectively ignore that RNS where Harry lied. Do you just accept lies. Remember he told porkies which all sucked you in, so that RAB could sell. Yet you all collectively still trust this man with your money.

What about the lie in Feb 21 when he said nothing will stop this being signed in March 21. He said this despite knowing that nothing was agreed, the syndication partners probably weren't even formed then. This was off the back of an RNS in Oct 2020 when he said there was a £1bn LSE listed company in the consortium.

So when the next placing comes along and the goal posts are moved again, don't say you weren't warned.

Londonstockexchange.com/news-article/KEFI/tulu-kapi-gold-project-launched/16477140

Major Works from October 2024:

· Procurement and fabrication of plant internationally;

· Resettlement of community;

· Site earthworks;

· Grade-control drilling;

· Transportation to site and assembly of plant and associated infrastructure;

· Mining; and

· Definitive Feasibility Study (DFS) on underground mine.

and now another kick of the proverbial can :

proactiveinvestors.

com/companies/news/1052322/kefi-gold-copper-chairman-on-progress-in-ethiopia-icymi-1052322.html

The big yellow machinery will commence work around the end of the first quarter next year. Between October and the end of the first quarter of next year, the focus is on community engagement and equipment fabrication internationally.

----

so it's a certainty another mega dilutive confetti issue will be carried out !!

"when sufficient Tulu Kapi development proceeds (either debt or equity) become available."

...one of the milestone for payout...

Seriously?

he's going to trouser (divert) some of the bank funds meant for mine development into his own pocket

and he thanks you mug holders, very much, all the while sticking two fingers up at you lemmings

Removing share price performance for all three milestones as a benchmark and condition for himself and the other directors receiving $millions in bonuses tells you all one needs to know about these guys.. the fact that even he can't be bothered to have a 3p average for 5 days, as a trigger, just shows how confident (or lack of) he is about the share hitting 3p.. even after funding is secured.

dodgy isn't the word... more like contempt

Its ok found it !

Hi.. thanks for that.. i've search on X with #matad..but cant find any posts that shows telegram url to the matad group