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Well I think it will then. Which will make any external investment a lot cheaper
https://www.aljazeera.com/economy/2023/1/19/ethiopia-deputy-financemin-rumour-of-fx-devaluation-unfounded
No evidence whatsoever of corruption here. Most likely that MoM has been promoted. Main hold ups have been with banks and investors I suspect.
But all coming together now with an exciting week ahead
If only there was some way of doing this?
https://www.thereporterethiopia.com/29786/
And EG are there too
https://saudigazette.com.sa/article/628733
It will be a real shock after 10 years to finally get funding so don't underestimate the massive effect this could have. I think we could see over 2p on such news. Funding will increase the impact of SA news, which should be good. This could keep us over 2p, possibly 3p. Expect a small placement later this year but at a much less damaging price.
Eventual production could push us much higher!
https://newbusinessethiopia.com/mining/local-gold-mining-invests-2-billion-in-ethiopia/
OLA have nowhere near the resources that the TPLF had. With the EG army after them they will scuttle away in hiding. The govt are a major investor here and will not let the OLA endanger their likely biggest export earner in years
"Gold: Open Path to $1,900 Over Next 3 Weeks?"
http://uk.investing.com/analysis/gold-open-path-to-1900-over-next-3-weeks-200551078
Well, I had no intention of adding to my stake here but the prospect of sub 0.7p is on offer and i may not be able to resist. Once again the volumes show there is no massive sell off based on bad news.just a few small sells here and there
Hi Bear. I honestly have no interest in other people's investment. I'm just making the point that I have built my holding up substantially this past year at bargain prices and now is the time to sit back see this beauty explode. I don't need to ramp anymore. Although I think I just did......