Humbly I was laughed at and mocked when stated 2025 wouldn't happen a few years ago.Problem here is that nothing ever changes. He constantly over promises under delivers. As said - keep money in pocket last week but wtfdikThe question now is what happens to the share price in the meantime? Saudi ramp perhaps.... Usually does the trick. See any pattern yet? Perfectly tradeable.... Until its not! |
"Production is still forecast for mid 2024."
What time era you living in ?
Targeted production start
We plan to start process plant commissioning programmes mid-2026, with 2027 being the first full production year. |
*17 BAGGER ALERT* ? Tulu Kapi's high grades and high recoveries offer the potential to repay all project finance debt from the estimated net cash flows of the first full year of production, at US$2,600/oz gold price. Moreover, at US$2,100/oz to 2,600/oz gold, Project NPV to KEFI shareholders is 6.9 to 10.5 pence per share, 12-17 times the current share price, ignoring our other assets." |
Is that Katsy'a 26 or your, goatie's 27?
SP ruling, they do not believe you. |
But that is still the time table Katsy.
Early works DID start mid 2024. Production is still forecast for mid 2024. So first full year 2027.
So why do you say there has been a year's slippage - you with your "super memory" and all? |
Said in 13th May and repeated 10th July RNS's
These activities are focused on the Tulu Kapi Gold Project launching in mid-2024 for production in mid-2026:
I wish you would read the RNS's. Oh I forget, you have a selective memory. |
heliman2,
Read the post again, I was not quoting TW. It was and still is my view.
Of course, the MMs' think likewise?
Tim's support of the £50m extra funding is his view.
I could comment on the eventual funding, but will not as to my mind, all rather wooly to say the least.
A never decreasing circle.
I'm careful not to quote Tim in the wrong context as if I do he gives me grief!
PS: Also agree with Tim, long AMRQ and short VCP.
0.56p looking solid eh? |
What discount do you think they will raise funds at compared to the current share price?
10% discount about right? 15%? |
Nonsense Katsy.
That is precisely what has been said for some time.
Start 2026.
You can't have a full year's production in the year you start - unless you start on January 1st. |
Oh look, right at the bottom of the RNS
Targeted production start
We plan to start process plant commissioning programmes mid-2026, with 2027 being the first full production year
another year later!!! |
I've listened too and concur with you heliman2, he was very positive. |
Slow but all moves in right direction. !2nd bank provisional approval - you don't give that if you've gone soft on the deal. You don't agree higher amounts of funding agrees in principle - you don't even discuss - if you've gone soft on the deal. Bank 2 is not Nigerian - it's a multi country agency located in Nigeria. Saudi may be exited. Equity may be issued (-25%) but with singing + other things by feb shout be 3x |
robjm66, you can quote share price bearcast but you cannot listen. I can.
My opinion, not Tim's.
Finance approval by bank 1 TDB, had approval, now withdrawn due to supposed increase borrow?
Bank 2 AFC, No approval and has no need to commit now.
More delays of digging the gold, rehousing locals etc...no doubt Harry has prepared a script.
Men may well be on the ground, just forgot their shovels!
SP is talking. |
Thanks Richard |
Shortarm,
If SBs' are short, they do not need money. |
Probably spread betters without actual money |
Goodbye to all CoCo the Clowns who after holding and moaning for years sold on 2nd bank approval, ycmiu |
So it went from 1 bank having credit approval to none. It went from Early Oct 2023, when said live on video,
"we just received conformation that both banks will send in their credit approvals in a couple of weeks"
To 13 months later still waiting.
It's such wonderful news today, that's why the share price is down by 5%.
Who remembers Harry's famous funding is Imminent quote. Hmmm when was that. Maybe 2 years ago.
Even just 6 weeks ago an RNS said the bull dozers will begin works in October. But yet, in the background Harry knew that was BS. Anyway, this time next year I'm sure it'll be more of the same. |
2 large purchases of 30 million shares and just over 14 million shares.... |
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