Member Info for tintin35

well, there's nothing here - and you would expect it to be
https://www.newsnow.co.uk/h/World+News/Africa/Ethiopia

in the real world it's all about improving security...
https://addisstandard.com/business-kefi-gold-raises-8mln-to-boost-security-arrangements-at-tulu-kapi-ahead-of-start-of-construction/

3m buy went through :)

1.4p paid wooohooo!

nope - see my post higher up - got my numbers mixed up - but what the hell.....

1.3p and 1.6p - ahem.....

aaaaand...just did 1.34p paid

should go over 2.3p today easily - 2.6p by end of week?

and this;

Q4: My question is about the investment of $9m by locals for 6% of Tulu Kapi. The disaster with ANS Mining 2019/2020 is well known. 1. is there a requirement from the Ethiopian government that locals must invest? 2. what is the probability that the investment of 9m$ will be made in the 2nd quarter of 2022? 3. What is Kefi's contingency plan if the $9m from locals does not happen in Q2 2022? 4. capital increases have been successfully carried out to pay consultants. Why doesn't Kefi Gold and Copper finance the $9m through a capital increase - and continue to receive 6% in Tulu Kapi in return?
1. there is no requirement for locals to invest. 2. The investment will follow finance closing or signing of binding documents by everyone. 3. There is more than one local party interested for that role 4. KEFI would be happy to pay for the 8% and get the extra shareholding, but needs to ensure that locals with a role to play have had every opportunity to participate.

I like this one;
Q11: When the TK financing is completed what amount is due back to Kefi from TKGM for the running costs that Kefi has been providing since it was set up?
All of it either in shares or cash.

1.15p paid now - no more of those placement shares to bring us down anymore

1.104p paid - all looking great this morning!

ha ha!

financing def gonna happen - 10 out of 10....

JQ - we have been told it will now proceed. Hawiah economic since December

wouldn't be surprised if there is another 1m ounces in TK

TK we have funding but all have signed term sheets - but all need to see final clearances from Govt etc...

We have $35m convertables - half now half in 3 years
We have warrants for some...and the rest is covered
Saudi will be dead easy

$100m a year cash flow from TK.
JQ would need $3m from us - but get back $10m a year....

dozen companies involved - lawyers coming out of our ears - still targeting closing end of June - production 2024 then JQ
-we are the first large company off the rank - EG keen -

we're worth 5 to 7p in each country - much less risky share....building a mid cap...completely different to last year....value of Jibal Q is equivalent to whole SP now

yeah - why buy under a penny when you can buy at 4p....