Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Funding to be signed by - October 2020
No before Christmas 2020 ---> PLACING
A few more weeks later : NOTHING will stop it happening by 31st March 2021
June 2021 -----> Nothing
July 2021 ------> Nothing
October 2021 ----> Nothing
Q4 2021
Christmas 2021 -----> PLACING
Anytime between Feb -May 2022
then ----- > PLACING
Full funding by : June 2022
Construction will start : October 2022
Financial plan promised : Mid November 2002
then changed to : December 2022
then to May '23
Another PLACING
Then promise of it being done in a few months
Q4 2023 ---> nothing
End of the year ---> still waiting
And now some time in 2024
Ethiopia's credit rating moved down from lowest junk category C aka 'default imminent' to 'in-default' status. But rejoice, the currency for now remains junk status of CCC-
yet a couple on here would have others believe, everything is "Bonzer!"
In fact, all the rose tinted tripe posted over the years lead by Mr Magoo aka Rose Tinted copy/paste expert... one would think the share chart would reflect such positivity. But it's apparent the share price graph is inversely proportional to the level of uber ramping tosh that has been posted. The more the share has collapsed, the extreme the ramping.
Keep up the good worth uber ramping crew.
JOHANNESBURG, Dec 27 (Reuters) - Fitch on Wednesday downgraded the rating on Ethiopia's only international government bond to "default" from "near default" after the east African country failed to make a $33 million coupon payment.
Ethiopia became Africa's third default in as many years on Tuesday after it failed to make the payment on the $1 billion Eurobond.
While the payment was due on Dec. 11, a 14-day grace period clause meant it technically had until Tuesday to provide the money.
The agency also lowered Ethiopia's long-term foreign currency rating to "RD" or restricted default, from "C". It does not assign outlooks to sovereigns rated "CCC+" or below.
so much for the likes of mr copy/paste and other rose tinted goons that claimed so ****ily that they will "kick the can" down the road...
london, dec 26 (reuters) - ethiopia became africa's third default in as many years on tuesday after it failed to make a $33 million "coupon" payment on its only international government bond.
africa's second most populous country announced earlier this month that it intended to formally go into default, having been under severe financial strain in the wake of the covid-19 pandemic and a two-year civil war that ended in november 2022.
it had been supposed to make the payment on dec. 11, but technically had up until tuesday to provide the money due to a 14-day 'grace period' clause written into the $1 billion bond.
according to two sources familiar with the situation, bondholders had not been paid the coupon as of the end of friday dec. 22, the last international banking working day before the grace period expires.
“I am pleased to report that development and financing activities have been adjusted following recent operational and global events, and plans remain on schedule for project finance closure in October 2020, and gold production in 2022."
june 19 - 2020
that wasnt the only time he promised closure.... multiple times before and after. And yet desperate lemmings still cant but help themselves in hanging on to his every word like it's the gospel truth
As opposed to being snookered ?
Https://www.youtube.com/watch?v=dZvuOaF95Nk
https://www.youtube.com/watch?v=Kf5tT02Tw8A
https://www.youtube.com/watch?v=Aqb0Cr1hjfo
(note how he mentions he was in constant contact with ceos.... and getting upbeat feedback)
LOL !! anyone who still takes Harry or TW words at face value needs to give themselves a massive kick up the backside.
TW started to tip this when the share was 75p old money... back in 2011. Since then he's covered it with repeated buys (250 times).... and all the while the share has dropped 99%.
Only desperate lemmings pay any heed to his ramblings. The guy ran a 'gold' fund to the ground.. put shareholders money in stocks that went belly up.
KEFI Minerals Agrees Community Resettlement For Tulu Kapi In Ethiopia
https://ethiopanorama.com/?p=49674
and harry boldly commenting ...
".... we look forward to progressing with the final steps ahead before commencing construction,”
it must've been true, right ? because harry said it ?
And what date was that ?
20 Apr 2018
KEFI Minerals starts community resettlement at Tulu Kapi gold project in western Ethiopia
KEFI Minerals plc (LON:KEFI) said it has started community resettlement at its Tulu Kapi gold project in western Ethiopia.
proactiveinvestors . co. uk
20 April 2018
KEFI Minerals (AIM: KEFI), the gold exploration and development company with projects in the Kingdom of Saudi Arabia and the Federal Democratic Republic of Ethiopia, is pleased to announce that in connection with the Company's Tulu Kapi gold project in western Ethiopia, the joint committees of the Company and the Ethiopian authorities have now triggered the formalisation of the resettlement arrangements for each of the effected individual households in the area. KEFI will now execute its preparations for community re-settlement, which flow from new Government leadership at several levels since the appointment of the new Ethiopian Prime Minister, Abiye Ahmed.
Harry Anagnostaras-Adams
And who told you that ? oh wait.... it was harry... like he told you mugs kefi had started relocation... some 4 years ago.
the fat aussie did the same at emed as he's doing here.
back in 2008 he said this (emed) in an interview:
" i expect that we'll be commissioning by the middle of next year, and that we'll be in full production by the end of next year."
it wasn't till 2015 they got the mine commissioning approval.. 6 years after his ****y forecast and 2 years after he resigned.
he is doing the same here....
See the KEFI Telegram group... a bunch of clueless gamblers who are up to their eye balls in this manure of a stock. After all the bullshine harry has thrown at them, they still dont want to see what the reality is about the dodgy aussie.
There's a term called "group think" (look it up)... that telegram group is a perfect example of it.
So he's been reading posts here and now going bonkers on the teleg board making reference to them
Learn your lessons from this shamble.
We've all been here before with Kefi.
don't take word Harry, or anyone at Kefi say at face value so really do not believe they were at the stage they claimed to be at, there is always something not quite right with this company, worth remembering this has been going on since around 2015-2017.
Was stated for a few weeks now - the statements coming out in interviews were to push up/control sp before a placing - and now that is the case more than ever. It's not hard to read management and realise what they are up too.... if you take off those rose tinted glasses.
I'm whoever you want me to be !!
LOL
Look at the post i made here on at 13:57
i must be that Forcella poster as well then, according to your Sherlock Holmes deductive brain ?
apeth, i've been copying pasting a few posters post on here from that ****ty tg group, not just he dopy birdy's b/s,