Member Info for UPshunt

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 Amhara have withdrawn from Tigray and Abiy is making friends with Sudan.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.

The carrot - $112m gross profit per annum.
The stick - Stick length 1 to 2 years.

GLA

Nice to see £1.00 by March.

Didn't want to miss a buying opportunity.
Managed to hoover up ( god knows who couldn't wait for a week or so) £4k worth at bargain bucket price.

Might crawl back into that 2 month trend channel yet.

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.

While other energy companies are profiteering because they have the capability to generate, Good sold off their assetts and income is being relied upon from business and residential supply. As tariffs are capped there is never going to be a windfall for GOOD, perhaps an update on ZAP will cheer up LLs.

Well I was wondering if TW was stumping up the cash.

Not an honest RNS in my opinion, AKobo Mines say they are starting production in the next few months of 2023, they will be the first modern mine in Ethiopia. Kefi will have many times the potential of the Segele mine but Harry and Mr Leach need to accept they have been beaten to the post on bragging rights and just get on with their own project in the hope they can at least achieve a working mine where Kefi finally can earn an income.

I disagree, you might be in the precarious situation where you married a gold digga and need to sure up your wealth.

Take the Jerry Hall incident, she was devastated when Murdoch broke it off. She was hoping to get the cherry on the cake until his family gave him some financial advice and he decided to bung her £250m and let her go. OMG I just realised, Jerry Hall could afford to fund the TK project. Anyone got her number>?

Harry Harry you always let us down,
Without news of funding our pants are getting brown.
Please post some news telling us you're on track,
And a very Happy New Year, from your indomitable claque.

Bit sluggish breaking 115 but volume is back.

Still optimistic for a daily retrace here.

No idea about the drop, but those X2 £4m trades should take it back up the chart.