Both banks agreeing to funding and/or increased funding is they key hopefully this month.
This time next year kefi should be focusing on Jiblal Qutman and Hawiah maybe even some kind of Saudi listing after a successful one in Ethiopia (late this year or early next year).
That's assuming the company does not have to fight off a hostile takeover bid between then and now.
As for gold I will be watching to see if it hits my target that I made in April for just under 3000 dollars worst case. |
Super, when the final monies are confirmed in the coffers then whoopee but until then... Expect the unexpected... Or maybe not so unexpected. ;) Check back this time next year let's see.. |
Lead bank approval was January, we have had the 4 month security morotorium, conditions met !!!!
what's the problem, are they going to pause completing every time gold moves up down $50 or $100 Bucks ffs |
(Ethiopia gold and general)
“Exports have also witnessed a surge, with exports during the month of September increasing by 53 percent compared to the same period last year.
Compared to the first quarter of the past year, remittances have grown by 145 percent, and gold exports have seen a remarkable 540 percent increase. Only 58 million USD was earned from gold export in the first quarter last year while it is 488 million USD in this similar period.
“Last year 255 million USD was earned from gold export. This year we earned almost 500 million USD in the first three months. It means that we earned double of the past annual earning in three months. This is the result of the reform.”
The reforms have encouraged the legal export of gold, which was previously smuggled out of the country.”
(Ethiopia general)
(copper Saudi)
(Ethiopia/Cyprus)
(Ethiopia mining)
(Copper) |
(Ethiopia general)
(Ethiopia general)
(Saudi mining)
(Ethiopia mining)
(Saudi mining) (article might be AI generated) |
Well maybe "bits" not the right word to use but the banks being happy to increase the funding and sign off would be huge bit and the rest a lot smaller bits maybe even bits and bobs ;-) |
Sadly folk invest of it at times too. Never assume anything especially on aim. |
One should check the wording.
Overtly supportive of the lack of legacy?
TKGM & GMCO, deemed totally separated?
See you again end of October for the next excuse.
Maybe a male illness has affected Tim's mind.
However, at present Tim is dim. |
I've read it robjm66, pie in the sky.
Tim being out of the City gets sucked in.
Arry/KEFI and OPTI.
OPTI a decent short, Kefi not worth bothering. |
P.S. I do not think you are like a loser, you are just trying to help in your own mind.That is nice! And tiny, thanks Bazza. |
Ah yes, you had a different ID before. |
I think posting on the KEFI threads for in excess of a decade takes some beating. That and taking the bait each and every time. |
I guess that an anonymous tick on an irrelevant BB is limited to how humiliating it can be?;-D |
I note the 3 highlighted posts attracted 3,7&4 upticks respectively.
How humiliating. |
You were that bored? |
Thought I would have a laugh and see what the delusional were talking about a year or so ago
1deedee15 Sep '23 - 14:54 - 3005 of 6399
0 3 0
These two months are gonna be transitional, and gold is doing well today.
1deedee17 Sep '23 - 14:40 - 3014 of 6399
0 7 0
Talking weeks till sign off at most second week in October early as last week in September but all with the banks now
robjm6621 Sep '23 - 08:11 - 3048 of 6399
0 4 0
"over night success after 15 years" joking apart should see board and credit approvals this month so effectively next week hopefully not 16.29 PM Friday 28th. |
 From Tintin and Kefi Q & A section.
Various questions regarding the Interim Results
Q: The recent Interim Results included a statement that "the co-lender's credit approval which now includes a discussion in respect increasing the financing amounts on offer".
Is this statement alluding to the co-lender who has already signed off and, if so, would it be fair to surmise that this is a hedge against the other co-lender who hasn't as yet signed off failing to do so?
And, why are additional funds being sought ?
A: It is applicable to both co-lenders and the reason is to reduce the need for equity capital by raising the debt-gearing level in line with the improved gold price.
Q: I noticed that Kefi may have secured a £2 million Bridging Loan, is this so current investors are not diluted at current levels?
A. Yes, as done many times.
Q: In the Interims it stated Q4 2024 for sign off on Tulu Kapi, but are we still on track for October?
A. Yes, for the bits due in October.
Q: There has been mention of 30 million Gap/Shortfall, is this because the 2nd Bank has suggested they are not going ahead or investors at a subsidiary level are suggesting or not come forward in the suggested time line posted in the Media/RNS.
A. No idea what you are referring to.
Posted 01 October 2024 |
Yeah the google algorithm seems to have decided I need more adverts for incontinence pants, funeral plans and little blue pills ;-) |
The reason lots of us are wetting our knickers is that many of us have become really old while holding Kefi & damp underwear is par for the course for old people. :-(
Or it could be the 20-odd missed guidelines, the mention of locals (that rings a bell), the lenders are so keen, they want to lend more (that sounds familiar too) & an effort to secure funding that must be in its 6th year.
I might buy shares in Tena. ;-) |
From Crazytowner lse thread "Just listened to TW Bearcast and that Kefi are looking for more Debt to reduce the Equity portion. Very positive news for shareholders". |
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
Hot Features
Premium
