Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
LOL !!!!
Their year end is 31st Dec. Auditor's will need to see proof that it can trade for the next year as a going concern in order to sign off the accounts. So I suspect a placing will be done soon for the auditor's to qualify the accounts
1str tranche Warrants .. appx 400m at 1.6p... is a busted flush.... no chance of them being in the money.
Placing now a dead cert !!
Say good bye to any lingering hope of the warrants being the money (1st lot)
In that presentation in November, Eddy Solbrandt said: "Where we are today; we are actually about 2 weeks away from credit approval. Our banks had committed to finishing credit approval at the end of this month (November), they've just written to us and said they need another two weeks."
This morning's RNS states :
"...following the successful conclusion of stakeholder workshops in Addis Ababa on 7 December 2023."
how you can initiate something after 7th December that was supposedly already happening in November?
that 2 weeks thing was bullucks wasn't it?
" on the ground to prepare the community teams moving onto the ground.."
LOL.. this must be the 7th time harry has touted the starting of relocation of the community... first was 4 years ago.
"and announced by 18th Jan, otherwise I would"
sheesh... how many times has this sort of claptrap deduction been spouted before a presentation ?
Super message for the resident comical ali :
"You are hilarious, Rob. How you can continue to be so condescending after calling this wrong over and over again is beyond me. And now you still want to position yourself as being the only one who can really see what's going on.
Stop reading between the lines and just read what's in front of you."
An RNS to record that there will be a RNS announcement when there is something to announce
Google, please provide the delusional definition of : "could not care less"
Google answer : over 40 posts in 10 days on kefi.
"I only have 5 million shares, so I could not care"
yeh we can tell..
6.7m SELL @ 0.625p when the touch was 0.672 - 0.718 done at 13:44
will you now deduce that " some people are in the know" and sold !! ??
As does the "bear" who regularly 5h1tz in the lse woods
Because he has every right to .... irrespective of whether he holds or not. If you dont like that, then it's you who who should question yourself as to "why are you hanging around on this board ?". Unless Lse.co.uk have a rule that only rose tinted uber positive posts by holders are allowed on their stock boards.... you need to wind your neck in and stop trying to dictate who can and who cant post these boards.
2022 is being generous
Go back to the UK Investor Show on 28th March 2019. Adams stood on the stage, and posing, with hand on belly, stated UNAMBIGUOUSLY, that the Funds were due within the next few days. That's MARCH 2019.
There is a link, with video, to the very same Investor show on one of the BB.
So many rose tinted assumptions, massively skewed towards to the uber positive... especially bizarre consindering ethiopias violent and tumultuous past. poor rob simply cant get himself to provide a contrarian view, because it'd mean having to take off those thick rose tinted specs that are permanently glued to his eye sockets. ..
Is this the same kefi that has made similar claims in the past 5 years ?
Jeez... rob is a conspiracy nut.... he's staple diet of Zerohedge has melted his brain to mush.. leading him into spewing out silly irrelevant unsubstantiated conspiracy garbage. And to think many on here see him as some sort kefi messiah.... nah, he aint the messiah... he's a naughty boy.
Leave aside the whataboutism and false equivalences ... uk and usa have NEVER defaulted on their debt in over 400 years.
"kick the can down the road" ? the flippant way you state this shows your true colours. Defaulting on debt has massive implications on the country's economy and the populace as a whole. Ethiopia is one of those basket cases where the birr has an 'official' rate which the government likes t o tout... but it also has a massive black market exchange which has a disparity of over 80%. It is the latter that is effectively active in every day life. The central bank has no cred and is incapable in intervening regularly in the Forex market, hence the black market has arisen and the central bank has lost control of the exchange rate. These black market rates occur when the official rate bears little resemblance to the actual market conditions.
Ethiopia is a typical basket case that wants to preserve the value of their currency, but has dwindling foreign currency reserves - one option is to restrict who can buy foreign currency and in what amounts!
It is these restrictions which drive the rise of a black market. People want more foreign currency than the government will let them buy, either because they want to spend it abroad or because they don't trust the government not to destroy their capital with inflation.
8 December 2023 - Miners need to see the colour of Ethiopia's money before entering.
Miners need to be convinced
Moves by Ethiopia's central bank to let foreign miners convert the Birr currency to dollars won't be enough to prompt mining entrants until it's clear foreign exchange is genuinely available...
https://www.mining-journal.com/africa/news/4154854/miners-colour-ethiopias-money-entering#:~:text=Miners%20need%20to%20see%20the%20colour%20of%20Ethiopia%27s%20money%20before%20entering,-Miners%20need%20to&text=Moves%20by%20Ethiopia%27s%20central%20bank,is%20genuinely%20available.%20...
Those news stories taken together run counter to the idea of the long-awaited credit approval being 'imminent'. Kefi have pushed the imminent line for years now and each month that goes by we realise more and more the Horn of Africa countries are a no go.
"inflation already high"
and ? it'll get a lot lot higher if the default occurs. That post you have copy/pasted is from Nov. Did it know that ethiopia would default on sovereign debt ? of course it debt.. so that answer is out of date.
the birr will depreciate significantly, and that will have a knock on effect on whole of the country. To make it look that this wont effect Kefi's bottom line is just plain deception and lies. The repayment of kefi's debt to the banks will be affected as those same banks will have to service their debts at a higher rates because of the default fall out. You think these banks will just let off kefi and not pass on the interest rate hikes ?