and from the acquisition of TK under the brilliant stewardship of agadoo doo adams, he's delivered a stunning 99% loss of share value. |
"The average time from conception to pouring of gold is about 18 years so Harry needs to be pouring gold in the next couple of years, to the best of my knowledge ."
The Tulu Kapi gold deposit was discovered and mined on a small scale by an Italian consortium in the 1930’s...
Nyota Minerals Limited acquired the licences in 2009 and then undertook extensive exploration and drilling which culminated in an initial DFS in in December
so from "conception" to the current state of play, it's been 80+ years. |
Kefi acquired TK in December 2013.
So to meet the 18 year "target" he still has 7 years.
Does anyone seriously believe he will not make that? |
The average time from conception to pouring of gold is about 18 years so Harry needs to be pouring gold in the next couple of years, to the best of my knowledge . |
Akobo have been there for 14 years before producing this ingot. How long has Harry been at it? |
Past results do not guarantee future performance :-D |
If history tells you one thing and one thing only, it tells you to look in directly the opposite direction that the avatar goatherd is looking.
There is no better lesson in life than that, imo. |
90% a placing enroute imo.. |
 Akobo Minerals, a Scandinavian-based gold exploration and mining company with operations in Ethiopia, is pleased to announce the successful production of the first gold bar from its Segele Mine. This significant milestone marks the beginning of gold production as the company moves forward with its operational plans.
To raise money for investment in Ethiopian mining projects….
Pursuant to the Offering, the Company issued 62,000,000 common shares in the capital of the Company (the "Shares") at a price of C$3.10 per Share for aggregate gross proceeds of C$192,200,000..and in respect of costs associated with the Kurmuk construction project. The Offering is part of the Company's previously announced broader financing plan, which includes a gold stream and gold prepay facility on the Kurmuk project, intended to enhance financial flexibility to unlock significant value. Allied expects to provide further updates on its plans to unlock value in due course, and an update on the completion the Kurmuk financing packages no later than the publishing of Q3 2024 results. |
Well, you nay-sayers have your views. I have different views. Odd, really, as I think most of us have the same objective (to make money).
I doubt many of you are short?
It will be interesting to see which view is right. Obviously I think mine will be. |
“Nothing to worry about”? For goodness sake, one of the reasons the share price has remained stagnant despite the suggested imminent TK funding completion is because of the “confetti̶1; amount of shares already in issue and HAA’s history of regularly adding to this total.
He cannot be allowed to keep having placings chiefly for over-generous wages/expenses while the TK funding debacle just stumbles on from month to month, quarter to quarter, year to year. Before you know it there will be over 10 billion shares in issue prior to “real” work on the mine actually commencing. |
You probably said the same thing two years ago goatherd. They owe Arter a lot of cash, I'm sure the banks are not paying Harry to pay off debts for another project. They need cash and placing is the only thing Harry knows.
So the question is, what price? |
I don't think so Katsy.
I think the question is "Will there need to be another placing?"
And I believe the answer is "probably not".
But if a placing is needed then it is needed, and nothing to worry about. |
I'm sure this question is on every bodies lips. What price the next placing? |
(Africa/Saudi mining) |
We owe a debt of gratitude for the retro gen too in many ways ;) |
I not old I am retro ;-) |
Yep, and 900 arrived in dinghies Sunday biggest number in 2yrs !!!
are we building 900 houses a day, not that anyone who commits a criminal act of illegal migration should get a look in if we did,
satelites are tracking 20,000 rogue space debris some the size of 10p, you get the picture |
Nothing "wrong" with the older generation but time for the new to make some money eh? In an ever increasing environment of government debt & corruption, a housing market where kids can't afford to rent let alone buy, where they leave college with a piece of paper that means nothing and up to eyes in debt ...Time for us to fix the system that some of the old timers broke Rob, sorry! |
Ps Your crypto key is much more secure than any bank login believe me. Unless someone can get your 24 keywords correct and in the right order? Now that would take some doing! If you leave those laying around the house or printed on your forehead I guess you're asking for trouble and some people do! You wouldn't display your gold bars on the mantle piece would you?Best to memorise them, etch them in bomb proof metal and bury them or store in an anon vault. The days of bank storage are gone now but who really trusts the banks?! |
LOL And if someone nicks your gold there is no way for getting it back or gets your bank login details and password....Crypto should also be stored in a "vault" and wise folk do..Bad apples everywhere but that's a non argument am afraid. https://www.bbc.co.uk/news/articles/c3e9zkpd0nxo |
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