rob, International investors, dream on. Just check the sell column!
The Report reads:-
The EHRC condemns unlawful detention of minors, extortion in Oromia.
By Sisay Sahlu. 7 Dec 2024. Ref Police and Military.
Investigations have uncovered widespread illegal recruitment and associated extortion
in cities like Adama, Bishoftu, Jimma and Shashmenene.
Children as young as 11 were forcibly detained for the purpose of mobilisation for regional military forces.
Families were pressured to pay 20-100k Birr to secure release of their children.
Banks are under the cosh.
What more does one wish for, an 11yr old guarding the mine?
0.6 call: 0.55 call, all the way from 16p?
Who's having a giraffe? |
The reporter paper notice they have not had anything to substantiate their main accusations maybe that's "Usual conjecture without substance."
The placing was so quick doubt many even had time to make a decision probably those that did knew that the shareprice would go down to or under the placing price but thought at least the money would go to the company.
What i would like to know is who are the international investors that are dipping their toes in. |
Usual conjecture without substance.
Even the GMCO remaining 15% will end in £nil payment.
Rob, did you take part in 0.55p placing?
More fool those that did.
They can always blame TW for advising hold at 0.6p I suppose.
I note no action apart from bluster re The Reporter report? |
Just realised that what with the GM in January to push through another billion shares, there's no way in hell that the finance will come in this year. Lets face it if it did which shareholders would vote for another billion shares at .55p.
Anyway I'll send my congratulations to Arry for somehow stringing you all along for another 12 months. The year started with such optimism with boots on the ground lol or so he told you.
Why couldn't Arry be like the other fat Aussie gold hunters you see on Quest, where they recover gold with a single tractor and one digger. |
Well was hoping the last one would not happen. Kefi should get money for Saudi prospects and exiting Saudi once that's done should not have any costs from there. So then it just Ethiopia and a listing and projects being funded at project and subsidiary level.
Post TK full launch kefi should be able to do some kind of deal like Allied gold did with Wheaton.
Probably not going to have such a high percentage of ownership of new projects in Ethiopia as TK but if no new money has to come from UK shareholders... |
LSE has always been a crank's paradise, but the comment below really takes the biscuit. I think even goaty would avoid that board for being a bit too rampy.
"I think most people would agree that (baring a major acquisition) we have seen the last ever KEFI placement!" |
7x7 = 497 is the death number. |
 Addis Ababa December 10/2024 (ENA)—Prime Minister Abiy Ahmed revealed that Ethiopia’s gold mining industry stands out as a significant driver of growth, presenting immense potential for both local and international investment.
“Ethiopia is one of the fastest-growing economies in Africa and a beacon of opportunity on the continent. Among its many thriving sectors, the gold mining industry stands out as a significant driver of growth, presenting immense potential for both local and international investment,” the premier wrote on X.
Ethiopia has been seeing an increasing rate of mining activity. In November, President Abiy Ahmed said he expects the country to generate US$2 billion from gold revenue alone this year for the first time.
He recently inaugurated a large-scale gold processing facility held by the Akobo Minerals AB (publ) (FRA: 643) subsidiary ETNO Mining.
in recent years, the nation’s government has made significant strides to curb illicit activity while providing incentives for regulated projects.
These include duty-free equipment imports, tax breaks, and a low government free equity share requirement of 5 per cent. Other African countries like Guinea, Senegal and Mali require a higher percentage, thereby generating more profit from the activities of mining companies.
Ethiopia also produces significant quantities of lithium, iron ore, tantalum, platinum, copper, nickel, manganese, coal and rare earths. Mining is the nation’s fastest-growing economic sector. |
Round 4 tomorrow
His Honour Judge Parfitt (Sitting as a Judge in the High Court) 10:30am Court 11 KB-2022-004658 Demissie v Kefi Gold and Copper Plc part heard For Trial Robed |
actually even when dads make mistakes or even lie.... their kids call him out and tell him to stop it. harry is more than their dad, he's their saviour. |
Yep it's painful.
Eventually they'll join the club and realise what HAA does for value creation. It's the same as he did at EMED for those in any doubt.
Some posters act as if he's their dad for all the defending and rose tinted going on.
:D |
It's actually painful following this story, and I've never held ROFLMFAO... but Harry really takes the biscuit, or the entire McVities factory ROFLMFAO |
0.491 to sell! |
Katsy,
G'day, yep, robjm is good on irrelevant stuff, not so good on his investment it seems,
even then, relying on quotes from unknown sources on X factor!
No doubt sucked in like a right charley at 6p and again at 5.5p, and GM in Aussie, cheap flight sir? I know a bucket shop that can flog you one!
cheers |
Dudishes9 Dec '24 - 12:56 - 6961 of 6961 Edit
0 0 0
rob, Takele Uma (Ex MOM, now railways etc...),actually a more important job!
Seems highly respected by his Country and elsewhere, so which wilderness are you referring to?
Ashenafi Endele (The Reporter) wrote a decent report in Nov wrt no of IPOs, subsequently a negative report on KEFI.
Nardos Yoseph (The Reporter) is another critical of the Gov't and banks.
Are they all crooks?
The X statement that you refer to is by whom?
The Gov't website business sector suggests collaborations with many, but it does not
mention KEFI, not recently anyway. One wonders why?
cheers |
rob, Takele Uma (Ex MOM, now railways etc...),actually a more important job!
Seems highly respected by his Country and elsewhere, so which wilderness are you referring to?
Ashenafi Endele (The Reporter) wrote a decent report in Nov wrt no of IPOs, subsequently a negative report on KEFI.
Nardos Yoseph (The Reporter) is another critical of the Gov't and banks.
Are they all crooks?
The X statement that you refer to is by whom?
The Gov't website business sector suggests collaborations with many, but it does not
mention KEFI, not recently anyway. One wonders why?
cheers |
Takele Uma got booted from his job and had to spend some time in the political wilderness and you do not need to be a genius to work out why.
We’ve noticed
@TheReporterET
has been sharing inaccurate and misleading information about the Ethiopian Securities Exchange. As we continue building Ethiopia’s capital market, it’s critical that the public and stakeholders rely on accurate, verified information to stay informed.
Guess who the reporter is? Both the people you are picking out have "previous". |
monte1, perception? Nah, brutal truth.
I would expect that the researcher robjm66 is on the blower to Mr Takele Ume right now! |
Hmmm
’“KEFI is acquiring different licenses without progressing on its existing license. Its aim is to continue raising funds abroad by painting a picture in investors’ minds, as if the company is operating several with licenses at the same time. The company also often uses security threats as an excuse for its non-performance, while the major problem is its lack of finance,” said an official who spoke to The Reporter on condition of anonymity.’ |
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