Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Well he may well have said there would be no channelling of company shares apart from of course equity payments in place of execs salary, but to be fair in Nov 22 he said gold production would start 2025. Should the mine be built in two years then he could just see a month of production. Whereas Mr Leach in Jan 2023 more loosely worded his expectations of production in a few years. If a few shares get blown on real progress so be it. At least POG is $800 higher than the break even price for the TK project.
Https://www.ft.com/content/7da5d7e5-2c4d-4619-9c81-294d9a634ac4
Is it something to do with cat corona about to take over Europe. Have we moved in to FIP testing?
New news.
HAA a Govt Rep and the TK funding syndicate were spotted in a local City park having a BBQ.
The prudent syndicate thought ahead and brought along some fire wood and charcoal and the Govt Rep offered to start the fire with 200bir bank note.
Harry in true Kefi style bought a bag of money to burn.
RNS:
After a wild night in a back street strip joint in Addis Ababa where key members of the TK syndicate shook hands and HA settled a large bar bill; HA was happy to announce that TK launch could be as early as the dry season 2026.
Spose if he did managed to run me down he could call himself Quadzilla.
Bet this goes lower, if you have any cash buy in at .5 or even better .45 Have to say BFN as I am off to buy some mineral water and Karat cake.
Now he has secured some more spending money I expect HAA will be combing show rooms for a brand new quad bike to zip around visiting all the new drill sites he intends to work.
Any more fundraisers and he could afford a chopper. He could save a few quid going 2nd hand as there is a 1992 McDonnel Douglas 520N parked in South Africa waiting for a buyer. Never been in a chopper, just saying.
Have Toyota got over the finish line?
https://www.ft.com/content/87cb8e92-8e82-4755-8fc3-2943f8f63e1d
It's not some of us are hate filled it is just that there is not fuel left in the tank. Unlike Harry who can press the dilute button to grab a few million and yourself who can dig into some war chest of cash to load up with Kefi and wait for the next scalping there are crowd of us who loaded and loaded and being loyal never unloaded. Until that mine starts earning anything we are left somewhat high and dry on this project.
Anyone new who grabbed a slice at 0.7 already has a short sharp shock from HAA. For many of us it is been one disappointment after another. But like marriage you kind of have to hang on in until you can be sure it really is over.
Wish I could sell snake oil as well as HAA. Anyone going to the AGM, you probably won't be on here reading this.
You'd think there would be a RNS on RAB getting back in ready for the final signing ( anticipated for around last 8 years). Must have had bigger fish to fry.
Good if us old timers got our money back, but least Ethiopians get a gold mine and some much needed work looks like I'll be living on soup and chips for the rest of my dotage.
GLA