focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Harry lost four years of his life.
The word imminent has finally been tweaked to mean no real rush and somewhere down the line.
All is good.
Thanks Harry for explaining everything so clearly can I have a job driving the digger now?
ii have included in my list a rather small number of shares, which if I bought them would cost me around £90. No real discount. As for the placing looks like a cooperation will picking up a bundle for the same price. Anyone likely to vote against the 200.6m placing?
Yep I Isee Tariq's TR1
I don't understand though why these statements include Contract for Difference instruments and indicate there are voting rights associated with that CFD? Or does CFD mean something else?
Yes we do want Harry to tell us how it is. Track record has been wishy washy can kicking and into the long grass kicking.
If this TK does get launched he is going to have a problem reporting on progress. Shareholders are always going to remember being on a 'cusp' and a further worry this months is he going to bastardize the meaning of imminent?
Makes me laugh, one of them increased their shorty this week, meanwhile loads of buys. No idea why its rerating, maybe because of Linde, new CEO, more ramping. Spose we all just need a bit of hydrogen in our lives.
In all fairness this looks like the most peaceful it has been for years and years. Amhara have withdrawn from Tigray and Abiy is making friends with Sudan.
https://www.aljazeera.com/news/2023/1/26/ethiopias-pm-abiy-ahmed-in-sudan-on-first-visit-since-coup
That said any fly in the ointment will be Harry mumbling into his soup when he is supposed to be racing around collecting all the signatures.
Post Brexit gloomy outlook, mass strikes, energy bills.
Financial support rug being pulled by the government.
2022 insolvencies 5% higher than 2021.
Precise of FT. Mano get more of a say in the FT. With so many companies going broke MANO should be enjoying a windfall.
If they can't prove themselves in this climate then they won't ever.
Incidentally your local library should carry copies of the FT.
The Tulu Kapi Project financing has been designed by KEFI to ensure that all net operating cash flow from the open pit only, at a flat break-even gold price of c.US$1,200/oz, is sufficient to fully service debt finance, which is provided pari passu by the lenders. This break-even gold price was selected because market prices exceeded that level for 87% of the past decade, it is approximately US$730/oz or 38% below the current spot price of c.US$1,930/oz, is US$450/oz or 27% below analysts' long term consensus forecast (CIBC Global Mining Group Analyst Consensus Long Term Commodity Price Forecasts 1 December 2022) of US$1,641/oz, and because it approximates the global average industry All-In-Sustaining-Costs (which is operating costs only and less than All-In-Costs including financing charges).
As I said many times, just need to get the digger out the shed.
Not sure how the Saudi market works, it might be where sheikhs can trade bits of paper without all the extra costs of the London Market.
Whatever, Harry will have to deliver in Saudi, up until 2020 they were beheading children for misbehaving so Harry must be careful not to tread on anyone's toes.
Nice to see £1.00 by March.
Well maybe jam tomorrow, but who knows what the real value of this will be after a few share conversions? Most of the time H can't see further than the length of his nose. All the while he is keeping his shares I'll keep mine. Fair?
Share conversions
The 4-year valuation factors in an assumption around the conversion of the convertible instruments
issued to fund Tulu Kapi into production as well as additional equity. Over the next four years, the
number of shares in issue is expected to increase by approximately 65% to 6.5bn shares
outstanding.
I do admit that I have started to get sucked into the Kefi model. See how long you can survive without earning any cash.
Does Harry have to live off food banks in Africa or is there a local church that will give him a hot meal at lunch time?
Have we considered part of the problem is the CEO not being able to feed himself properly now the corrupt minister has stopped inviting him into the ministry for lunch?
Well shiny side up, the minor can kick has only cause a minor drop.
The wording 'imminent' used here does sound more convincing than that 'on the cusp' previously sold us prior to a fund raiser.
No big share issue required as someone had a spare couple of million to help complete the resettlement. Ex minister of roads should know a company to get all the tarmacking sorted for his new project to get mining going in the country.