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All the talk about mult bagging is just a ruse... you have no intention, like before, of being here for the touted multi bag... your intention is to do a trade.... yet use the usual ramping cliches to pump the stock. Deceitful liar !!
Rob, s,t,f,u... you are a discredited goon who should hang his head in utter shame.
6 billion shares that's AFTER consolidation (1 for 17).... in reality KEFI have issued 102 BILLION shares under Harry's watch
"I would not like to be out of this share now. I sold at 0.85p recently"
you've exposed yourself as a lying toe--rag. All the while you were spamming that it will multi-bag... just like you are doing now... and then having sold out at 0.85p.... classic pump and dump... all the bulls-hit you are spouting now is just the same hollow pump and dump attempt like last time. You are an out and out ramping liar.
12 Sept 2023 Ethiopian Capital Controls: the National Bank of Ethiopia proclaimed and published a new NBE Directive on 8 September 2023 which satisfies the requests made to ensure conformity with the specific Project details. This was one of the final action points remaining to enable completion of the Tulu Kapi Project financing package;
· Other Ethiopian Government confirmations have been received. Formal approval of the updated Environmental and Social Impact Assessment has been received, facilitated by the Ethiopian Ministry of Mines, together with the requested updated completion schedules by the electricity and roads authorities for offsite infrastructure. Only documentation and administrative matters remain; and
· Security to facilitate next steps in the field and to ensure continuing stability is being addressed.
Further announcements will be made in due course as the Company remains on track for Project launch in Q4 2023.
5 October 2023 This is the last of many special permissions and policy changes agreed with the Ethiopian authorities over the years since KEFI assumed control of the Project, to allow modern project finance arrangements to be applied given there has been no industrial-scale mine development in Ethiopia for over 30 years. Tulu Kapi is now finally fully-permitted with only procedural administrative confirmations remaining.
21 Oct 2023 our partners, contractors and financiers are working with us closely and supportively and we are driving hard to hit our next big milestone which is to trigger before the end of this year the first stage of the Tulu Kapi Gold Project launch.
10 Jan 2024 ....pleased to announce that it has received confirmation of conditional final credit committee approval from the lead lender for its "shovel-ready" Ethiopian development project, the high-grade Tulu Kapi Gold Project (the "Project"). This followed the analogous approvals from other key syndicate members including lead contractors and lead equity parties, and the previously reported actions by the Government of Ethiopia
24 Jan 2024 ... Tulu Kapi Gold progressing towards launch..Conditional final Credit Committee approval by the lead lender has been granted, as announced on 10 January 2024, following the Ethiopian Government's commitment to reinforce security protection as requested at stakeholder workshops in early December 2023.
13 Feb 2024 ....The Company can now report that all the other parties in the funding syndicate, have advised they will this month go to their respective committees to approve the proposed transaction.
4 March 2024 ...The Company expects Project launch in mid-2024 following signing of detailed definitive documentation. The outstanding conditions precedent are typical for a transaction of this nature.
Dirty Harry's Fibs :
21 Nov 2022 "Today's important milestone of the debt and equity leads approving the finalised finance plan allows all the respective Boards to formally approve the definitive documentation. I am pleased to report the Project is now up and away.
23 Jan 2023
We are now pleased to report that all lead contracting and equity investment parties have agreed their draft agreements and confirmed their intention to sign, ...... The Company expects all outstanding issues to be addressed imminently,
26 April 2023 , Final Tulu Kapi Umbrella Agreement Signed, "We push for construction in Q4 2023 following procurement and community preparations. In the meantime we await progress from Government on the remaining financial regulatory, security and community preparations and to which we lend our unwavering support.
30 May 2023 , Announces a retail offer via PrimaryBid to raise up to £1 million through the issue of up to 142,857,142 new ordinary shares.
The Company will use the net proceeds of PrimaryBid Offer to fund preparations for financial close and project launch at the Company's Tulu Kapi Gold Project ("Tulu Kapi").
19 June 2023, All Major Financing Conditions Precedent Now Met for Tulu Kapi......Today's announced progress with the Ethiopian central bank is the third significant breakthrough in as many months. This set of supportive Government initiatives clears the way for the launch of Tulu Kapi and reinforces the recent turnaround of the working environment in Ethiopia.
7 Aug 2023 The Company's schedule for Tulu Kapi remains for community preparations to commence this quarter (Q3 2023), ahead of procurement and construction commencement next quarter (Q4 2023), all synchronised with the Government's continued upgrading of security, as already committed.
5 Sept 2023 We remain focused on final credit and board approvals for the project financing, ahead of project launch in Q4 2023, with first production expected by the end of 2025.
Continued....
Today's placing RNS :
The Company expects Project launch in mid-2024 following signing of detailed definitive documentation. The outstanding conditions precedent are typical for a transaction of this nature.
Last May's placing RNS :
The Company expects binding terms to be entered into within the next month or so subject to ongoing successful satisfaction of outstanding conditions precedent which are normal for a transaction of this nature;
Complete and utter contempt for PIs, thinking that a simple change of a few words will make PIs feel and believe "it's different this time round".
Even though sceptics warned over and over again about his habitual trait of b/sh'itting his way to raising millions year in year out... promising the world yet delivering nothing but enormous dilution and share holder wipe out..... really need to accept they have only themselves to blame !!! He has mastered the art of suckering truly gullible PIs.
For example, Harry was quite clear in stating a number of times that no fund raising before TK is signed, done and dusted. No amount of excuses and why they had to do the placing can placate that black and white promise.... a broken promise. And the gob5hi7e Winnifrith belittled the bearish posters who were stating there will be a placing.. his usual arrogant persona went as far as stating that anyone saying is so are away "with the fairies". He is one of biggest losing tipsters going.
The usual culprits, lead by the chief copy and paste gobby fool needs to hang his/their heads in shame for leading a merry dance of mega ramping par excellence.... how many got suckered by the reams and reams of irrelevant garbage copy/paste by the resident faux know it all ? He and his like need to be behind bars for their misleading tripe.
READ the effing rns as a whole.. and stop picking and choosing out of context text
"The Company is now stepping up the planning for operations to complete the Heron 1 well for production once the contractors re-mobilise after the winter hiatus and as soon as they can make available their crews and equipment. Discussions with PetroChina for transport, processing, storage, export and sale of the Company's early production are also ongoing."
why would they be "stepping up" with such activities including production if Heron was affected by the issues mentioned ?
"Heron 1 and the other locations that the Company wishes to work on in 2024 are not within the overlapped area."
That has nothing to do with Heron. Read the rns again !!
He spills them regularly, with the help of his 5 chubby mistresses and a picture of Kylie
You got me confused with the fat aussie who's been fooling you mugs that TK sign off is 'imminent'... for over 7 years now, all the while watching the share price drop 90%+.
For harping you do against my posts.... the bottom line is... fat dirty harry has 85 billion reasons for the share price to lose 90%+ of its value.... that's the crux of it all. All the rest is rob like copy/paste noise to ease the pain...
Even if that was true, it's infinitely more than the ZERO times you've been right about kefi 'imminently' delivering cash flow and shareholder value for nigh on 10+ years.
Kefi's placing shenanigans of the past are plain to see... it's like clockwork... the balance sheet tells you for a start when placings will likely occur... and then the signs crop up when buying hardly budges the price.... not to mention MMs dumping stock close to the bid....
may be stop resorting to mega conspiracy clap trap sites like zerohedge to form your world view, and stop the constant airing of conspiracy garbage.... and learn how to read the markets for real... and you just might get somewhere otherwise you'll remain a loser of epic proportions for the rest of your conspiracy filled life.
Doesnt take a frikkin genius to suss out what's going on. KEFI has form on this.... heck the fact that they've turned 70m shares in issue into 85 BILLION in a matter of 7+ years would've taught you that one thing, if nothing else..... KEFI loves placings and are addicted to them
The same was said by wise mark lemmings like you, each and every time forward selling occurred, as was pointed out.
and each and every time, the ones pointing out the forward selling, were proven right.
The forward selling has been happening for a while... why else do you think the price is stuck in a rut even though 10s of millions of shares have been bought.... with very little selling... (most of the purchases looked like sells, but in fact MMs selling on stock at close to the bid.. classic sign of forward selling).
LOL.. you said it.... ask yourself why ? FORWARD SELLING !!!
Forward selling by those who taking part in the discounted placing. They arent 'giving them away'... they are mugging lemmings making them think they are. Mug lemmings thinking, 'im getting close to the bid... wow.. i have to buy'.... and the MMs fully know the psyche of the dumb pi... quids in for the MM, and the forward selling placees.
If they did have to meet the 2nd bank again.. . then that's of great concern.. even after KEFI cheered the so called agreement with them and others not so long ago... .... as it means the 2nd bank were still not satisfied to make them sign on the bottom line... so much so that they wanted to meet kefi AGAIN... will they be convinced ? .. dont think so.
share price falling below 0.60p ...speaks volumes.... placing is in the works now, do doubt.
Ham19 Feb '24 - 06:11 - 4463 of 4480
hmmm,something is pretty wrong...
Please find the time to navigate google earth to fly over coordinates:
9° 4'55.57"N
35°33'5.09"E
(2024 Airbus pictures,freshly baked):
The TK camp seems completely demolished, in some cases down to the basement, and abandoned.
I just wonder what kind of works are carried out in the field, how and where...
H
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ham19 Feb '24 - 13:33 - 4474 of 4480
Rob, re post 4467.
This is 100% TK camp (check map in Annual report 2014, page 11, from which you can extrapolate coordinates, and from previous Nyota reports).
Enabling in Google earth the "historical pictures" layer, you'll see clearly that in November 2022 the camp was OK, barracks in place, well maintained (roofs in place).
Now looks completely abandoned...
I'm not interested in conspiracies. I'm just reporting an observation.
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google.co.uk/maps/search/tulu+kapi/@9.0823459,35.5511013,275m/data=!3m1!1e3?entry=ttu
screen capture here :
i.ibb.co/wyGNJ7F/Screenshot-09-02-2024-18-04-53.jpg