We are 5-10 % more in TK than we hoped and it's 5 yrs nearer than SA. We are 10% down on sa but out of $10m debt.I'll take that. |
You're smoking crack if you think they will get ~£30m for the rest. What position of strength do Kefi have, exactly? A forced seller with zero cash flow and the millstone of TK hanging around their neck. And the buyer can simply wait them out and take it through non-payment of commitments. One hiccup in Ethiopia now and the game is up.
It will go for a song. |
Happy with that? Really? Do you think the market will be happy with it? |
Cheer up everybody, you've got 6 months of 'reviewing scenarios' to look forward to, presumably followed up by another RNS of waffle. What's not to like ?! |
Tulu Kapi must be nailed on now. |
Well that’s 10m of debt off our books and about 25 to 35 m of potential sales of remaining 15% happy with that. |
So everyone who was 'only it for Saudi' has seen that go up in smoke, sacrificed on the altar of Ethiopia. No doubt it will now be claimed that Saudi was just a distraction, TK was always the main prize, etc., etc. Pull the other one.
I remember very clearly that TK was merely a side project, designed to generate cash flow in the near term (!) to pay for Kefi's financing of Hawiah. That has gone completely for a burton and in fact Saudi has slipped away for virtually nothing while TK sucks endless capital out of shareholder's pockets. What is left is a casino bet on a wild west asset with 99% dilution into the bargain.
Any CEO with an ounce of shame would walk. He has run this into the ground. |
Not really in control of events. Not a good look. |
Yep sadly most Elites. |
If you aren't volunteering to fight in a particular war, you shouldn't be advocating for it - Naval Ravikant |
In line with local capital market regulations, KEFI has invited qualified Ethiopian investors to participate in the remaining $30 million required. According to Anagnostaras-Adams, the company has received preliminary expressions of interest from local investors and will proceed in accordance with Ethiopian financial regulations. This gold-linked investment structure is tailored to offer Ethiopian investors returns either in gold or U.S. dollars, aiming to protect against currency fluctuations and inflation.
While initially targeted at qualified investors, KEFI plans to open the investment opportunity to the broader public once Ethiopia’s Securities Exchange is operational, aligning with the company’s larger objectives to support Ethiopia’s gold mining sector and its developing capital market. |
It'll be negotiation imo and that takes time. Donbas & Crimea will remain Russian... Huge mess out there, and yes tragic losses on both sides like any silly war. Those poor young kids just canon fodder brainwashed on both sides. Russia have sent in the North Koreans who are apparently more interested in their new found discovery of the internet and freedom than fighting... Couldn't write it lol |
Think it will sorted before that though probably not on the first day of Trump taking office as both sides struggling with getting enough troops and now starting to hurt Russian economy and the Ukrainians will get tough love from Trump.
Should have got sorted ages ago as the potential gains for either side have not been worth the losses. |
2026 before any breather in Ukraine imvho It won't happen overnight. 2028 could be v dangerous for the world.His presidency won't be all smooth sailing it would appear... However imvho he is the safer choice. |
Ethiopian stock exchange due to commence before end of november and Harry said something recently about the "stars aligning" for Kefi.Obvious we are now mighty close to lift off at Tulu Kapi :-)
I am adding another sizable top up today! |
Trump rally, reminds me of Obama Think Trump will end the bloodbath in Ukraine but will be easier for Musk to get to mars than rebalance the American economy. |
Lol re Peter Schiff. It will absolutely go into bear market when it has finished its run just as gold will crash when it finishes its run. "Three sections of a market" always!https://ibb.co/hR4H48J |
Peter Schiff said last night that bitcoin will go down as the biggest example of popular delusion and madness of crowds in world history. Eventually he will be right IMHO ROFLMFAO! |
Bitcoin 90k |
Lively at the end there. Been here before though. |
From lse thread Five candles. |
Pressure building on the buy side now,at some point in near future this will spring into action bigtime.TK is about to start that much is clear and kefi are way undervalued.Adding another large chunk into the SIPP :-) |
Perhaps do your victory lap once funds are in the account....kiddo!! |
"Gofundme" One thing Adams proved good at thus far, but from punters LOL ;) |
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